Rita Liao

IT総合

Following UK expansion, Robinhood brings crypto trading to EU

Robinhood’s long-awaited international expansion is at full throttle. The consumer trading and investment app tail...
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Vancouver’s Fantuan raises $40M to deliver real Chinese food at your doorstep

For those who move abroad from China, one thing they miss dearly is the convenience of food delivery apps. Fantuan, a Va...
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As Temu shakes up global ecommerce, PDD nears overtaking Alibaba

PDD, the firm behind the fast-growing shopping app Temu, is shaking up China’s Big Tech club. On Thursday, news of...
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Nvidia taps China talent for autonomous driving endeavors

Nvidia has long been involved in the development of autonomous vehicle technologies, providing the industry with graphic...
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After two ambitious years, TikTok parent ByteDance starts mass layoffs in gaming

ByteDance’s gaming ambition has been an expensive, short-lived pursuit. In late 2021, the TikTok parent’s pl...
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Fate of US venture capital in China teeters on uncertainty

On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is lik...
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US chip export ban is hurting China’s AI startups, not so much the giants yet

Well before Washington banned Nvidia’s exports of high-performance graphic processing units to China, the country&...
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China’s EV upstart Li Auto hunts for chip talent in Singapore

Li Auto, a electric vehicle maker adored by young Chinese families, is stepping up its endeavors to build in-house autom...
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China’s tech giants dip their toes into web3, but prospects are limited so far

During the Staking Summit in Istanbul, a conference attended by hundreds of individuals involved in the staking practice...
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How Jane Street-backed ZetaChain aims to expand Bitcoin’s use cases

Despite its dominant market share in the crypto sphere, Bitcoin has had limited applications compared to other blockchai...
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Nepal joins a growing list of countries banning TikTok

Another country is banning TikTok, the ByteDance-owned short video behemoth with over one billion active users around th...
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ByteDance’s Oculus challenger Pico lays off hundreds, halts aggressive expansion

When Pico launched its Oculus Quest challenger in China last year, it did so with great optimism. Light (295 grams) and ...
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a16z writes first check out of UK to crypto startup Pimlico

Upon opening its first overseas office in London last Thursday, a16z announced today that its first check written from t...
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Shein reportedly seeks $90 billion valuation in IPO

Shein has seen big swings in its price tag over the last year. The Singapore-headquartered fast fashion platform is targ...
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Why this autonomous vehicle veteran joined a legged robotics startup

Zhang Li‘s career path has looked like a bellwether for China’s tech trends. When the Cisco veteran joined W...
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Valued at $1B, Kai-Fu Lee’s LLM startup unveils open source model

Kai-Fu Lee, the computer scientist known in the West for his bestseller AI Superpowers and in China for his bets on arti...
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Chinese EV darling Nio to cut 10% staff amid ‘fierce competition’

Nio, the Chinese carmaker known for its sleek, premium electric SUVs, has started a new round of layoffs as intense comp...
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SEC subpoenas PayPal over its USD-pegged stablecoin

Just three months after PayPal entered the fray to bring stablecoins to the masses, it’s attracting attention from...
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China’s tech vice minister calls for ‘equal rights’ at global AI summit in UK

Despite the ongoing technological decoupling between China and the West, both sides are converging to discuss the threat...
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Shein adds struggling UK brand Missguided to its fashion empire

Shein, the fast fashion giant that has thrived on its nimble supply chain in China, is expanding its product range by sc...
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Xpeng starts removing HD maps from Tesla FSD-like feature in China

Xpeng is often called the Chinese challenger to Tesla for its efforts to bring advanced driving capabilities to its elec...
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Coach’s knitwear supplier bets $1M on Jellibeans’ fashion prediction tech

In fashion design, success is often determined by talent, hard work and a sprinkle of luck. In the era of big and artifi...
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WorkMagic wants to automate all the marketing tasks for Shopify sellers

There’s no shortage of startups trying to automate marketing tasks by using generative AI. For WorkMagic, the targ...
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Two years after pausing service, Roblox China cuts a small number of staff

Roblox China was once full of promise. Since its localized platform, which is a joint effort with Tencent, abruptly halt...
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SynFutures raises $22 million Series B, bucking ‘crypto winter’

Amid a global slowdown in venture investments for crypto projects, some companies continue to buck the trend. SynFutures...
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Biden further chokes off China’s AI chip supply with Nvidia bans

In August last year, a ban on Nvidia’s chip export to China sent the country’s budding artificial intelligen...
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Asia emerges as a promising haven amid the crypto winter

Walking through Token2049, it was hard to tell that the crypto industry was going through a “winter” phase. ...
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Account Labs raises $7.7M as FTX’s demise leads to crypto self-custody growth

The collapse of the FTX empire didn’t just set in motion a crypto market downturn. The unraveling of FTX’s m...
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Didi’s autonomous vehicle arm raises $149M from state investors

When Didi created an autonomous vehicle subsidiary in 2020, the venture was seen as a Chinese counterpart to Uber’...
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TabbyML, an open source challenger to GitHub Copilot, raises $3.2 million

The race to create AI assistants that help humans write computer code is heating up. TabbyML, built by two ex-Googlers, ...
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