PALO ALTO, U.S. — When Washington added Huawei Technologies to its trade backlist last year, U.S. suppliers to the Chinese tech giant lost billions of dollars in revenue. Now, the latest crackdown threatens to take an even bigger toll on America’s tech industry by driving U.S. and Chinese supply chains […]
Tech
ByteDance gains traction among US tech workers
PALO ALTO, U.S. — Despite political headwinds, ByteDance is quickly gaining attention among tech talent in the U.S. as the Beijing-based giant pushes for global expansion while trying to distance itself from China. Searches about ByteDance on Blind, a popular professional social network among tech workers, have jumped 10 times in May compared with […]
Nielsen brings gaming, extreme reality tech to shopper marketing program for CPGs
Dive Brief: Nielsen Global Connect, a division of Nielsen Holdings, unveiled a new suite of shopper marketing tools that adapts extreme reality and gaming technology for its in-store shopper marketing program in the U.S., the company announced in a press release. The new virtual suite is facilitated by an alliance […]
Media industry needs protection from the onslaught of Covid and big tech
The health of our publishers is at risk due to the ongoing loss of advertising revenue, not just because of the pandemic, but also to big tech, which is headquartered in the US, with little interest for what counts as the public good in the UK. This shift in power […]
Big Tech can solve university funding crisis
While top tier universities like Oxford or Cambridge are unlikely to have a problem filling spaces – although even they will probably deplete their waiting lists more than ever before – some smaller and less prestigious names face a real risk of collapse without radical change. A new partition One likely consequence […]
Tough new takeover rules could rein in foreign swoops on UK tech
Draft proposals for the bill from 2018 suggest no particular geography will be singled out – that it would introduce more rigorous checks on any state-backed group looking to buy a more than 25pc stake in any British firm developing anything deemed key to national security. For some, the broad nature […]
Post-coronavirus fate differs among Shenzhen tech startups
GUANGZHOU/TOKYO — Tech startups in Shenzhen, known as China’s Silicon Valley, are set to experience a range of outcomes as the novel coronavirus pandemic appears to near its end, with some seeing their businesses thrive while others face headwinds following significantly reduced investment. The companies that are emerging strong from […]
Coronavirus test-equipment maker MGI Tech rakes in $1bn funding
MGI Tech, a major provider of COVID-19 testing equipment in China, completed a $1 billion series B round led by IDG Capital and Citic Private Equity Funds Management. The second round was much bigger than the first, which brought in $200 million a year ago, though the company had expected […]
Pandemic lets Big Tech take on the duties of nation states
Such silicon skirmishes have implications far beyond smartphones. The dual announcement last week that one of the world’s biggest microchip manufacturers, TSMC, would both build a factory in America, and ban exports to Huawei, was particularly inflammatory because TSMC is based in Taiwan – where Beijing’s claims of sovereignty have […]
Vietnam’s FPT looks to lead tech rebound from coronavirus hit
HANOI — FPT, a leading Vietnamese information technology company, began construction on the country’s largest data center in Ho Chi Minh City earlier this month, two weeks after the government lifted social distancing measures aimed at halting the new coronavirus. FPT was established in 1988 by Vietnam’s National Institute of […]