London Daily News
Monday, Jan 18, 2021
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The tech supremacy: Silicon Valley can no longer conceal its power
‘To see what is in front of one’s nose needs a constant struggle,’ George Orwell famously observed. He was talking not about everyday life but about politics, where it is ‘quite easy for the part to be greater than the whole or for two o...
Jack Ma: A look back at the Alibaba founder on 60 Minutes in 2014
Jack Ma told 60 Minutes about his relationship with the Chinese government and what he would do if the government asked for Alibaba’s user data.
US adds nine Chinese firms, including Xiaomi, to military blacklist
The Defence Department added nine more firms on Thursday to its list of companies that it says have ties with the Chinese military.
Elon Musk Loves China, and China Loves Him Back-For Now
In turn, Tesla and its chief executive officer have done all the right things as far as Beijing is concerned.
Trump’s social media ban derided in China amid crackdown on Big Tech
Chinese pundits and academics call Trump’s social media ban a cautionary tale as the country cracks down on Big Tech.
Video: Parler CEO says no one wants to host the website after being dropped by Amazon
Parler using 300 servers. That’s a good customer for every hosting company outside USA. Why don’t they simply using the most secure hosting services in the world, operates by Alibaba? Or British Telecom, or Deutsche Telecom?
A joke that works as well for Jack Ma as for Trump.
Reaction to Jack Ma Disappearing After Criticizing China in a Speech
Patrick Bet-David Podcast Episode 35. In this clip, Patrick Bet-David, Adam Sosnick and Tom Zenner talk about what could have happened to Jack Ma.
Where is Chinese tech billionaire Jack Ma?
Jack Ma has vanished from his own TV talent show and there has been no sign of him since late October.
Jack Ma Has Lost $11 Billion In 2 Months On China Scrutiny
While the co-founder of Alibaba Group Holding Ltd. has been at the center of the clampdown, he isn't the only one feeling the squeeze.
How China Lost Patience With Jack Ma, Its Loudest Billionaire
Jack Ma, a co-founder of e-commerce behemoth Alibaba Group Holding Ltd., China's largest company, told the audience that day at the Bund Summit that he was torn about speaking, but felt this was a "most critical" moment in the developmen...
China Tells Ant to Return to Payments Services Origins
Chinese regulators order Jack Ma’s fintech behemoth Ant Group Co. to return to its roots as a provider of payments services. The central bank summoned Ant executives over the weekend and told them to "rectify" the company’s lending, insu...
Jack Ma's Alibaba, Ant Under Scrutiny In China's Escalating Probe
The State Administration for Market Regulation is investigating Alibaba, the top antitrust watchdog said in a statement without further details.
China-based companies raised $11.7 billion through U.S. IPOs this year, the most since 2014
Investor appetite for Chinese companies in U.S. stock markets rose to a six-year high in 2020 despite tensions between the two countries.
Analysis: Chinese tech companies bet big on India. Now they're being shut out
India and China's fast-growing tech sectors have been caught in the crossfire of an intense geopolitical standoff this year. While both will suffer from the showdown, Chinese tech companies have more to lose.
What Supreme’s $2.1 Billion Sale Means for Fashion
Even during a retail slump, high-stakes fashion deals persist. After some turmoil, LVMH is moving forward with its acquisition of Tiffany & Co.
How fintech and AI will not only boost businesses and make banking affordable but also help us ‘live’ forever
Online Hong Kong FinTech Week 2020, which discussed humanising of technology, had more than 350 speakers and 500 exhibitors and attracted over 1.2 million viewers
Visa clampdown shows Trump’s aim is for Americans to consider EVERYONE from China as ‘the enemy’
Washington’s latest assault on Beijing is to impose visa restrictions on Communist Party members. This concerted effort to dehumanise China is whipping up nationalist fervour in both countries and will have a lasting impact.
Grab wins digital bank licence in Singapore
Ventures linked to the super-app Grab and the Alibaba-owned Ant Group are among four winners of digital banking licences in Singapore, in the biggest banking liberalisation initiative in two decades by the city-state.
Coronavirus: Second-hand website becomes latest unicorn start-up
A second-hand car website has seen its value rocket to more than $1bn (£750m), putting it into unicorn status.
China puts shackles on fintech as technology risks usurping finance
New fintech rules on online micro lending could force China’s internet giants to rethink their business practices on co-lending, analysts said.
Deepfakes, widely used for fake nudes, could disrupt financial markets
Experts warn that deepfakes could be used for fraudulent transactions or sowing distrust in the financial system, but there are few real-world examples of how it might be done.
Hong Kong mogul Jimmy Lai: ‘At least we fought, we showed our dignity’
Tycoon who angered Beijing talks about Hong Kong’s uncertain future, backing Trump and never giving in
With protests muzzled, Hong Kong takes aim at the press
Choy Yuk-ling, better known as Bao Choy, is among this city's most dogged journalists. Her work for public broadcaster Radio Television Hong Kong has tackled police misconduct, election-rigging, and flaws in personal protective equipment...
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