China

Tesla said to be readying new long-lasting, low-cost batteries to put EVs at price parity with gas cars

Tesla CEO Elon Musk has been touting forthcoming battery technology improvements, going so far as to dub a forthcoming company talk “battery day” in prior public comments. Now Reuters is r

Startups are transforming global trade in the COVID-19 era

The global trade crisis is a setback, but also an opportunity for logistics startups to show the value of digital platforms in an analog industry.

As e-commerce booms during the pandemic, Shopify accelerates

Despite the economic disruptions associated with the coronavirus pandemic, cloud vendors are holding up well as many client companies and their employees work from home. With stores closed, it’s nat

FBI and DHS accuse Chinese hackers of targeting US COVID-19 research

In a rare joint public statement, the FBI and Homeland Security’s cybersecurity advisory unit CISA have accused top Chinese hackers of trying to steal U.S. research related to the coronavirus st

Minneapolis-based Yardbird raised $4.4 million for furniture made from recycled ocean-bound plastic

The Minneapolis-based outdoor furniture brand Yardbird, which makes its wares in part from recycled plastic harvested from beaches and ocean-bound waterways, has raised $4.4 million in financing. Even

93% of Chinese minors are now online

Children and teenagers in China are hyper-connected and using the internet in ways that were unimaginable and inaccessible to earlier generations. As many as 175 million people under the age of 18, or

Decrypted: Contact-tracing privacy, Zoom buys Keybase, Microsoft eyes CyberX

As the world looks to reopen after weeks of lockdown, governments are turning to contact tracing to understand the spread of the deadly coronavirus. Most nations are leaning toward privacy-focused app

China’s smartphone shipments are reportedly up for April, following COVID-19-fueled decline

Smartphone shipments are reportedly beginning to see signs of life in China, after a sizable dip from the COVID-19 pandemic. New numbers from China Academy of Information and Communications Technology

Intel has invested $132M in 11 startups this year, on track for $300M-$500M in total

When it comes to corporate venture capital, semiconductor giant Intel has shaped up to be one of the most prolific and prescient investors in the tech world, with investments in 1,582 companies worl

Ex-Tesla product exec raises $10 million for his mission to upgrade the lowly fuse box

Arch Rao closed the $10.1 million financing round for Span, his company pitching homeowners on an upgrade to the fuse box, in the middle of February. The company had already seen what was happening in

Tim Hortons eyes China coffee drinkers with Tencent investment

Canadian coffee-and-doughnut chain Tim Hortons has secured a heavyweight partner to further its China expansion. The company announced on its social media account (in Chinese) on Tuesday that it has l

Tencent Music bets on China’s crowded audio content space

Listeners of podcasts, audiobooks and other audio shows are estimated to number 542 million in China this year, according to a third-party survey by marketing firm iiMedia. It’s a healthy jump f

A Chinese city to pump life into local business with WeChat live streaming

China is showing renewed interest in live streaming. As the coronavirus swept through the country and shut down premises in droves, businesses are turning online to drive sales. Many have adopted live

Snow’s avatar app Zepeto registers 150M users, eyes China market

Some of you may recall the South Korean app Zepeto that went viral among Gen Z users a year and a half ago. The app, which renders selfies into animated avatars and lets people adorn their computer-ge

China launches next-gen crew capsule for demo flight via new Long March 5B rocket

China has launched a demonstration mission of its next-generation crew spacecraft, using the Long March 5B rocket. This is the first launch for that new rocket, an iteration of China’s Long Marc

WeWork co-founder Adam Neumann accuses SoftBank of abusing its power in new lawsuit

WeWork co-founder Adam Neumann accused SoftBank Group of abusing its power in a new lawsuit filed Monday that alleges breach of contract and breach of fiduciary duty for pulling a $3 billion tender of

The Station: Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal

While COVID-related stay-at-home orders have been extended in some places, officials in other places in the U.S. have decided to open up. We are watching and waiting to see how this plays out.

African fintech firm Flutterwave launches SME e-commerce portal

San Francisco and Lagos-based fintech startup Flutterwave has launched Flutterwave Store, a portal for African merchants to create digital shops to sell online. The product is less Amazon and more e

Tesla to reduce price of standard range Model 3 in China

Tesla said it will reduce the price of its standard range Model 3 vehicle in China to meet the government’s new eligibility requirements for subsidies. This marks the second time this year that

TikTok tops 2 billion downloads

TikTok, the widely popular video sharing app developed by one of the world’s most valued startups (ByteDance), continues to grow rapidly despite suspicion from the U.S. as more people look for w
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