โInvestment is not a virtual game,โ a commentary in state-run Chinese media said earlier this month, warning investors to avoid augmented and virtual reality โmetaverseโ products. Investors did not listen โ Beijing-based Nreal, an augmented reality technology company, just completed a Series C funding round of over $100 million.
Chinaโs State Administration for Market Regulation published a set of draft regulations on internet companies that was remarkable for its detailed list of prohibited behaviors.
The head of an artificial intelligence lab at the company behind TikTok has left the private sector in China to join the University of California at Santa Barbara.
As floodwaters in Henan Province recede, Chinaโs tech giants are doing their best to do their civic duty with large aid donations and online tools to help victims.
ByteDance, the hard-charging Chinese tech giant that created TikTok, has ended an overtime policy after a month of dithering, and after one of its biggest rivals took concrete steps to end its corporate culture of overwork.
One of Chinaโs biggest video apps, Kuaishou, once installed sensors in toilets to monitor how long employees took in the bathroom. Now the company has put an end to six day work weeks for tech staff, shortly after ByteDance โ which owns Chinaโs dominant short video platform โ decided to continue the practice.
ByteDance, the company behind TikTok, is famous for its workaholic culture, and many of its employees donโt want it to change despite growing calls in China for better work-life balance at tech companies.
This week on the Caixin-Sinica Business Brief: Twenty-one marathon runners die in a storm in northwestern China; ByteDance co-founder Zhฤng Yฤซmรญng ๅผ ไธ้ธฃ announces that he...
The Acquired podcast puts out some of the very best business and technology content out there, and is one of our co-hostsโ favorite listens. Ben...