Meta cuts Manus free from China, as regional lender gets premium bailout
In a landmark validation for Chinese AI, Facebook parent Meta has agreed to buy general AI agent maker Manus. But why is Meta also quite vehement about cutting all of Manus' China ties, both in terms of investors and business activity? And regional Chinese lender Weihai Bank has just received a major cash infusion from its local government in Shandong province. Is this a worrisome sign for investors?
Lens Technology approaches second ‘iPhone moment’
The glass screen maker is betting big on AI glasses and embodied intelligence as its next major growth engines Key Takeaways: Lens Technology reported its revenue reached 207 billion yuan…
Data is king: Why content creators must rethink their role in the AI era
Content creators may feel the most profound shift and play a more important role as data becomes a strategic asset in the AI era By Lee Shih Ta As…
Weibo pins hope on Olympics to boost its advertising revenue
The veteran Chinese social media platform been losing market share to video-based competitors such as Douyin, Kuaishou and Xiaohongshu Key Takeaways: Weibo’s first-quarter revenue fell 4%, hit by declining income…
Yalla records stable revenue, prepares for next growth stage
The social networking and gaming company’s revenue rose despite one-off impact from the World Cup in Qatar, as it continued sowing the seeds for its next stage of growth Key…
For Better or for Worse, IPO Aspirant Powerwin is Bound to its Ad Partners
The provider of cross-border online marketing services plans to go public in Hong Kong, but its falling revenue and profit, combined with a worsening cash position, are troubling for investorsKey…
Hello Group Soars as Investors Snap Up Stock on China Covid Easing
Shares of company often called the ‘Tinder of China’ surged nearly 30% in heavy trading after it reported results largely in line with recent trendsKey Takeaways:Hello Group’s stock jumped nearly…
