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21.02.26 - 14:06
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China′s tech giants pursue AI, semiconductor talent in US as competition intensifies (SCMP)
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Major Chinese technology companies, including ByteDance and Baidu, are aggressively expanding their US-based research and development teams, targeting high-level artificial intelligence and semiconductor recruits in key American tech hubs.
The overseas hiring spree underscores these “big tech” firms' growing ambitions to build up their skilled workforce in AI systems development and semiconductor design amid increased competition in their home market.
Social media giant ByteDance, the parent......
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20.02.26 - 07:48
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China-Aktien: Hang Seng in Katerstimmung (Der Aktionaer)
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Während die Börsen auf dem chinesischen Festland noch bis einschließlich Montag geschlossen sind, hat Hongkong den Handel bereits am heutigen Freitag wiederaufgenommen. Nach den Feiertagen präsentiert sich der Hang Seng träge und verliert etwas mehr als ein halbes Prozent, wobei die Papiere von Alibaba und Baidu deutlich stärker abgaben....
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16.02.26 - 04:06
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Pentagon withdraws 1260H list adding Alibaba, BYD and Baidu, removing YMTC and CXMT (Digitimes)
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The Pentagon briefly published an updated list of Chinese companies alleged to have ties to the People’s Liberation Army, then withdrew it within an hour. The episode highlights Washington’s attempt to ease trade tensions with Beijing while maintaining pressure on technology and national security ahead of an expected April meeting between President Donald Trump and Xi Jinping....
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16.02.26 - 02:54
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Hong Kong stocks slip in light trading as investors prepare for Lunar New Year break (SCMP)
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Hong Kong stocks fell on Monday, led by major tech heavyweights, as investors trimmed positions and locked in profits while trading turned muted ahead of the Lunar New Year break.
The Hang Seng Index slid 0.3 per cent to 26,501.20 at the open. The Hang Seng Tech Index dropped 0.2 per cent.
E-commerce major Alibaba Group Holding slumped 1.8 per cent to HK$152.60, and peer JD.com dropped 0.7 per cent to HK$105.50. Search-engine operator Baidu fell 1.5 per cent to HK$133.80, and food-delivery......
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16.02.26 - 02:15
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IPO: BIDU-SW's Kunlunxin Said to Launch Roadshow After LNY (AAStocks)
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BIDU-SW (09888.HK)'s subsidiary Kunlunxin is projected to launch an investor roadshow after the Lunar New Year (LNY), with priority given to Baidu's existing institutional shareholders, Sina reported, citing people with the knowledge of the matter. Earlier this year, Baidu had announced that Kunlunxin had confidentially ......
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15.02.26 - 07:36
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Beijing warns tech giants to curb ′involution′ amid AI giveaway war (SCMP)
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China's top market regulator has summoned the country's leading tech companies to demand an end to “involutionary” competition, at the time when the companies are pouring billions of yuan into a Lunar New Year promotional blitz to win over users for services including artificial intelligence apps.
The companies summoned on Friday were Alibaba Group Holding, ByteDance's Douyin, Baidu, Tencent Holdings, JD.com, Meituan and Taobao Instant Commerce, Alibaba's on-demand delivery unit, the State......
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14.02.26 - 00:01
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US Briefly Names Alibaba, Baidu as Firms Aiding China′s Military (Bloomberg)
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The Pentagon added Alibaba, BYD, Baidu and TP-Link Technologies Co. to a list of companies that aid the Chinese military – before withdrawing it minutes later without explanation. The moves on Friday roiled shares of the affected listed companies and left analysts wondering about the administration's intentions. If the list is reposted, they said it would be a show of strength ahead of President Donald Trump's expected trip to China and meeting with Chinese leader Xi Jinping in April. Asked about the notice, the Pentagon said in a statement to Bloomberg News that “we have nothing to announce at this time.” Bloomberg News Senior Editor for Technology & Strategic Industries Michael Shepard joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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