The Federal Communications Commission rejected a bid made by China Mobile to offer telecommunications services in the US, citing concerns over national security, said the Financial Times. The commission’s five members voted on Thursday to deny China Mobile’s application, which would have allowed the company to connect calls between the US and other countries. Ajit Pai, […]
Category: Company profile
Chinese startups using artificial intelligence to help doctors diagnose cancer are fighting for survival due to tougher government regulations and tighter funding, said the Financial Times. Last August, Chinese authorities introduced regulations requiring companies with AI products that make diagnoses from CT scans to apply for medical device licenses, which can take more than a year […]
Netflix Inc. is acquiring the rights to another show from Alibaba Group Holding Ltd.’s Youku video service, stepping up its efforts to serve Chinese-speaking viewers around the world, said Caixin. The US streaming giant purchased the rights to a romantic comedy called “I Hear You.” Netflix will stream 24 episodes of the show in 190 countries […]
Huawei Technologies Co Ltd lawyer James Cole’s prior work at the US Department of Justice created conflicts of interest that could disqualify him from defending the Chinese company in a case of alleged bank fraud and sanctions violations, US prosecutors said in a filing on Friday, reported Reuters. Last week, prosecutors filed a motion to disqualify […]
US database and cloud computing company Oracle has laid off more than 900 people from its China operations, with a second round of cuts to come in July, local news outlets reported, citing an internal announcement Tuesday morning, said CNBC. The dismissals will primarily come from Oracle’s local research and development base of 1,600 employees, […]