The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency. From a report: Annabelle Huang recently won a government lottery to try China’s latest economics experiment: a national digital currency. After joining the lottery through the social media app WeChat, Ms. Huang,…
Tag: Shanghai
Clubhouse Chats Are Breached, Raising Concerns Over Security
A week after popular audio chatroom app Clubhouse said it was taking steps to ensure user data couldn’t be stolen by malicious hackers or spies, at least one attacker has proven the platform’s live audio can be siphoned. From a report: An unidentified user was able to stream Clubhouse audio feeds this weekend from “multiple rooms” into their own third-party website,…
After Researchers Raise Spying Concerns, Clubhouse Promises Blocks on Transmitting to Chinese Servers
“The developers of audio chat room app Clubhouse plan to add additional encryption to prevent it from transmitting pings to servers in China,” reports The Verge, “after Stanford researchers said they found vulnerabilities in its infrastructure.” In a new report, the Stanford Internet Observatory (SIO) said it confirmed that Shanghai-based company Agora Inc., which makes real-time engagement software, “supplies back-end infrastructure…
Evading Censors, Chinese Users Flock To U.S. Chat App Clubhouse
“The U.S. app Clubhouse erupted among Chinese social-media users over the weekend,” reports Bloomberg, “with thousands joining discussions on contentious subjects…undisturbed by Beijing’s censors.” On the invite-only, audio-based social app where users host informal conversations, Chinese-speaking communities from around the world gathered to discuss China-Taiwan relations and the prospects of unification, and to share their knowledge and experience of Beijing’s crackdown…
Jack Ma’s Disappearing Act Fuels Speculation About Billionaire’s Whereabouts
Alibaba founder Jack Ma’s absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fueled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire. From a report: China’s highest-profile entrepreneur has not appeared in a public…
Elon Musk Says He Once Considered Selling Tesla To Apple, Tim Cook Didn’t Want To Take a Meeting
On Tuesday, Tesla CEO Elon Musk tweeted that he considered selling his electric car company to Apple in recent years, but Apple CEO Tim Cook was not even interested in taking a meeting. CNBC reports: Specifically, Musk wrote in a tweet on December 22: “During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss…
Study explores a unique filament of the Cygnus X complex
Using the Shanghai 65-m TianMa Radio Telescope (TMRT), Chinese astronomers have investigated a gas filaments of the Cygnus X molecular cloud complex known as DR21SF. Results of the new study, presented in a paper published December 4, shed more light on the properties of this unique structure. Source: https://phys.org/news/2020-12-explores-unique-filament-cygnus-complex.html…
Electric-Car Companies Now Comprise Half the Worth of the World’s 10 Most Valuable Automakers
An anonymous reader quotes a report from Bloomberg: Electric-car companies are suddenly worth half of the total market capitalization of the world’s 10 most valuable automakers. That’s because money managers sized up the convergence of government policies and people’s preferences combating climate change and made alternative energy their biggest bet. Much was achieved by Tesla Inc., the Palo Alto maker of…
Light-Based Quantum Computer Exceeds Fastest Classical Supercomputers
An anonymous reader quotes a report from Scientific American: For the first time, a quantum computer made from photons — particles of light — has outperformed even the fastest classical supercomputers. Physicists led by Chao-Yang Lu and Jian-Wei Pan of the University of Science and Technology of China (USTC) in Shanghai performed a technique called Gaussian boson sampling with their quantum…
AutoX Becomes China’s First To Remove Safety Drivers From Robotaxis
Residents of Shenzhen saw truly driverless cars on the road today. From a report: AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, deployed a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests on public roads without safety drivers or remote operators. The cars, meant as robotaxis, are…