Luckin Coffee reaches $187.5 million settlement deal · TechNode
Sep 22, 2021 · Luckin Coffee has settled a US class action lawsuit, resolving some US investors’ claims against the company, which admitted in April 2020 to fabricating $310 million in sales. Settlement amounts will be calculated based on a global settlement of $187.5 million, according to a company statement issued Sept. 19.
WeChat begins beta testing for HarmonyOS NEXT · TechNode
Oct 9, 2024 · On Tuesday, Chinese social app WeChat began inviting users to beta test HarmonyOS NEXT, an independent operating system developed by Huawei that supports only HarmonyOS native apps. The first batch of devices for public testing includes the Huawei Mate 60 series, Huawei Mate X5 series, and Huawei MatePad Pro 13.2-inch series. Users who have ...
Meituan’s KeeTa officially goes live in Saudi Arabia · TechNode
Sep 10, 2024 · Credit: Meituan. Meituan officially brought its food delivery service to Saudi Arabia under the name KeeTa on Monday, beginning its expansion outside China as domestic growth slowed. For newly registered users, KeeTa sends a 50% off voucher and free delivery coupon that can only be deemed on Monday, the standalone app showed.
ByteDance releases Ola Friend, its first AI smart earbuds
Oct 11, 2024 · The ByteDance Doubao team on Thursday released its first AI smart earbuds, Ola Friend, weighing just 6.6 grams each, claimed by the company to be the lightest of their kind. The earbuds are integrated with the Doubao large language model, so that users can interact with Doubao via voice commands without needing to open their phones. Users can ...
Alibaba pumps $634 million into Lazada in heated competition
Dec 13, 2023 · Alibaba injects an additional $634 million into Lazada, its Southeast Asia arm, amid escalating regional competition, reports Tech in Asia. This latest investment brings Alibaba’s total injection into Lazada this year to over $1.8 billion. The move follows Chinese counterpart TikTok’s $1.5 billion investment in Indonesia-based GoTo’s e ...
PSMC & Tata Electronics to build India's first 12-inch wafer factory ...
Sep 29, 2024 · Taiwan-based chip foundry Powerchip Semiconductor Manufacturing Corporation (PSMC) on Thursday signed a definitive agreement with Indian tech manufacturer Tata Electronics in New Delhi to assist in the construction of India’s first 12-inch wafer fab, to be situated in Dholera, Gujarat. The partnership includes transferring mature process technologies and training Indian employees.
GoPro files complaint against Insta360 for alleged patent
Apr 3, 2024 · US sports camera firm GoPro has filed a complaint against Chinese camera maker Shenzhen Arashi Vision (Insta360) with the United States International Trade Commission (USITC) under Section 337 of the Tariff Act of 1930, according to information obtained by Chinese media outlet Jiemian.GoPro is claiming patent infringement and asking USITC to investigate the matter and halt the US sale of ...
Xiaomi unveils tri-fold phone patent following Huawei’s Mate XT …
Sep 19, 2024 · BELARUS, NOVOPOLOTSK - 25 FEBRUARY, 2021: Xiaomi redmi 8 pro phone box close up Credit: 123rf. Xiaomi on Wednesday promoted a new triple-fold smartphone patent, following Huawei’s launch of the Mate XT, the industry’s first triple-fold smartphone, last week. China’s National Intellectual Property Administration’s published patent shows ...
Huawei sues MediaTek for patent infringement after failed price ...
Jul 22, 2024 · Chinese tech giant Huawei has filed a lawsuit in a local Chinese court accusing Taiwan-based chip firm MediaTek of patent infringement, seemingly after negotiations around patent fees broke down. In response, MediaTek stated on July 19 that the lawsuit has no significant impact on the company and they will not comment further about the details.
Florasis apologizes over eyebrow pencil controversy a week
Sep 20, 2023 · On Tuesday, Chinese cosmetics brand Florasis, through its official Weibo account, expressed feeling “apprehensive and overwhelmed.”. This sudden attention stemmed largely from the actions of China’s top beauty influencer, Li Jiaqi, who questioned his viewers about whether those unable to afford the RMB 79 eyebrow pencil might not have ...