VC Roundup: Chinese tech firms are betting on chips
Chinese tech giants typically focus on the consumer market. But their appetite for early stage investments in semiconductors is growing.
Honor unveils first handset since Huawei split
The launch shows that the split is an initial success, as the Honor phone contains technology that Huawei still finds difficult to acquire.
Bytedance unveils Douyin mobile payment tool to rival Alipay, WeChat
Douyin Pay was recently added to the app, allowing users to buy virtual gifts for livestreamers and pay for goods on the app’s e-commerce platform.
US revokes licenses to sell to Huawei, to deny more: report
The US Department of Commerce has told Huawei suppliers that it intents to deny “a significant number of license requests” to Huawei.
Insights | Why ‘996’ just won’t go away
996 is still a problem in China’s tech industry. It’s brutal to employees, and it’s questionable whether overtime work pays off even for companies.