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Tag: Chinese

Toutiao, a Chinese news app that’s making headlines

Toutiao, a Chinese news app that’s making headlines

Finance
WHEN rumours swirled in August that Baidu, a Chinese online-search giant, was buying Toutiao, the scrappy news-aggregation platform reportedly quipped in response that reports had mistaken the buyer for the seller. The firm is proud with good reason. Toutiao’s growth since its launch in 2012 has been stellar: it says it has already drawn 700m users to the personalised newsfeeds on its smartphone app. Its valuation has shot up, to $ 22bn in its latest funding round (see chart).Upgrade your inboxReceive our Daily Dispatch and Editors' Picks newsletters.Toutiao’s parent company, Bytedance, is definitely a buyer now. This month it snapped up Musical.ly, a lip-syncing video platform that has captivated American teens, for a reported $ 1bn. It looks like a good match. Musical.ly, based in Shangh
Backing Big Brother: Investors are pouring into Chinese facial recognition firms

Backing Big Brother: Investors are pouring into Chinese facial recognition firms

Finance
Buoyed by China's plans to build a ubiquitous CCTV surveillance network, Chinese and some foreign investors are pouring money into start-up technology firms that specialize in facial recognition software.At stake for firms such as SenseTime Group, Face++ and DeepGlint, is a multi-billion dollar global public and private market for facial recognition technology that can quickly identify individuals by measuring major elements of their faces, such as the distance between the eyes and the curve of the cheekbones.With the use of artificial intelligence (AI) the technology can recognise and track those wanted by the authorities by seeking a match from a database of photographs. In the commercial world it can be used for security at homes, workplaces and ATM machines, and as a part of payments s...
Chinese power over North Korea? It's more myth than reality

Chinese power over North Korea? It's more myth than reality

World
At first glance, it seems the perfect solution to the world's most dangerous standoff: Find a way to get China to use its enormous influence to force North Korea to abandon its nuclear bombs. The countries, after all, share a long, porous border, several millennia of history and deep ideological roots. Tens, and possibly hundreds, of thousands of Chinese soldiers, including Mao Zedong's son, died to save North Korea from obliteration during the Korean War, and China is essentially Pyongyang's economic lifeline, responsible for most of its trade and oil. The notion of Chinese power over the North — that the countries are as "close as lips and teeth," according to a cliche recorded in the 3rd century — is so tantalizing that Donald Trump has spent a good part of his young presidency playing
Mariah Carey eats Chinese takeaway off floor in London flat

Mariah Carey eats Chinese takeaway off floor in London flat

Entertainment
However, Westlife's Mark Feehily disagrees – and he's got the story to prove it.The Irish singer is making a comeback after asking to be Mimi's Special Guest on her epic Christmas tour in December.Now, the 37-year-old has given an insight into what being pals with the superstar is really like.Despite advice being never meet your idols, Mark insists that being friends with Mariah isn't a disappointment.INSTAGRAMMIMI: Mariah is known for being a diva - which Mark disagrees withMariah Carey in pictures Superstar Mariah Carey in her most stunning images ever. Film Magic Mariah Carey teases major flesh in risqué naked illusion PVC dress YOUTUBEAGAINST ALL ODDS: The pair met back in 1999He revealed that the last time he saw the blonde was at her gig in Wembley, an
North Korea's nuclear test site at risk of imploding, Chinese scientist says

North Korea's nuclear test site at risk of imploding, Chinese scientist says

Finance
The single mountain under which North Korea most likely conducted its five most recent nuclear bomb tests, including the latest and most powerful on Sunday, could be at risk of collapsing, a Chinese scientist said.By measuring and analyzing the shock waves caused by the blasts, and picked up by quake stations in China and neighboring countries, researchers at the University of Science and Technology of China in Hefei, Anhui province, said they were confident that they were all carried out from under the same mountain at the Punggye-ri test site.The team from the seismic and deep earth physics laboratory made the claim in a statement posted on their website on Monday. Its leader, geophysicist Wen Lianxing, said that based on data collected by more than 100 earthquake monitoring centers in C...