China Tech Digest: Tesla And Huami To Jointly Launch Smart Watches

Tesla and Huami will jointly launch smart watches

Tesla and Xiaomi bracelet, made by Huami, will jointly create a smart watch. There are no details about Tesla and Huami Technology Nuohao products, but it is speculated that this watch will have the possibility of turning on and off Tesla electric cars.

An article published by Huami Technology founder, chairman and CEO Huang Wang revealed this news. He shared the official announcement of the public smartwatch and also stated that the date of the new product release is September 15.

Baidu Ventures saw huge change in personnel

Scott Cai, the former vice president of TAL Education Group, has recently joined Baidu, responsible for strategic investment and titled vice president. Jackson He, who previously held this position, has resigned.

Alibaba Investing US$3 billion in Grab? Alibaba: No comment

According to sources, Alibaba is negotiating to invest US$3 billion in Grab, an online ride-hailing company focused in Southeast Asia. In response, Alibaba said it has no comment."

Starbucks and Sequoia China established an investment company in China

Tianyancha App showed that Xingran (Shanghai) Investment Partnership (Limited Partnership) was established recently, and its business scope includes venture capital, investment management, etc.

The company has two major shareholders, Shanghai Starbucks Coffee Co., Ltd. and Shenzhen Sequoia Antai Equity Investment Partnership (Limited Partnership).

Among them, Shenzhen Sequoia Antai Equity Investment Partnership (Limited Partnership) is the company’s executive affairs partner. The two parties will carry out strategic investment and commercial cooperation in the new generation of catering and retail technology.

NetEase Cloud Music and music company Bertelsmann Music Group reached a strategic cooperation

NetEase Cloud Music announced today that it has reached a strategic cooperation with music company Bertelsmann Music Group (BMG). The two parties will carry out in-depth, in-depth, music upstream and downstream areas such as music copyright, music IP in-depth development, music performance, and online K song. Diversified cooperation.

iFlytek established a new artificial intelligence company in Henan province

Tianyancha App showed that Henan iFlytek Artificial Intelligence Technology Co., Ltd. was established recently. The legal representative is Sun Liang with a registered capital of RMB100 million yuan.

The business scope includes intelligent product technology development, technical services, and technical consulting; computer software and hardware technology Development; and others.

The company is wholly-owned by iFlytech Co., Ltd.

App Annie: TikTok ranked first in the global app download list in August

App Annie released the monthly index ranking list for August 2020. Voodoo’s "Graffiti Knight 3D Edition" was the champion among the top 10 global game free downloads in August; Pokémon Go continued to top the top 10 global game revenue rankings in August; TikTok ranked first in the global app downloads list in August.

Fan Yifei, Deputy Governor of the Chinese Central Bank: Digital RMB is mainly positioned as cash in circulation

Fan Yifei, deputy governor of the central bank, wrote an article that the People’s Bank of China is steadily advancing the digital RMB research and development pilot work.

The digital renminbi is a digital legal currency issued by the People’s Bank of China. The designated operating agency participates in the operation and exchanges with the public.

Based on the broad account system, it supports the loose coupling function of bank accounts, which is equivalent to banknotes and coins, has value characteristics and legal compensation, and supports controllable anonymity.

State Cyberspace Administration of China: 64 websites suspended in total

The National Cyberspace Administration of China’s “clear” minors’ network environment and online course platform special rectification issued the second batch of problematic websites in accordance with the law, including Sohu Video Network, Youku Network and its App, Mango TV Network and its App, Ai Qiyi, Baidu Input Method, Sina Weibo and Douyin App.

Up to now, the nationwide cybersecurity and informatization system has suspended the update of 64 websites, and in conjunction with the telecommunications authorities, cancelled the license or filing of illegal websites, and closed 6,907 illegal websites; relevant website platforms closed more than 860,000 illegal and illegal account groups in accordance with user service agreements.

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