Facing Growing Pressure, Gaming Giant Epic to Shut Down Chinese Version of Fortnite After 2 Years in Beta
Ever since its launch in July 2017, Fortnite has taken the gaming world by storm. In spite of its immense popularity, Epic Games has announced that it has given up on plans to bring the...
Man Wanted in China Arrested and Charged for Visa Fraud in Miami
According to the Department of Justice in the Southern District of Florida, a Chinese businessman who is charged in a federal grand jury indictment with entering the United States using fraudulently-obtained visas will remain behind...
Yahoo Bids Farewell to China, Completely Ending Partnership With Beijing
Yahoo has become the latest American tech company to permanently end its partnership and presence in China. The company joined Microsoft’s business networking platform LinkedIn in pulling out of China, citing an “increasingly challenging business...
Tesla Recalls 2,800+ Vehicles With Front Suspension Manufacturing Defects
Tesla will recall more than 2,800 Model 3 and Model Y vehicles to repair front suspension issues resulting from a manufacturing defect caused by an inappropriately torqued fastener. The Safety Recall Report to the U.S....
Zuckerberg: How Facebook Morphed Into Meta
Facebook is now Meta, CEO and founder Mark Zuckerberg announced on Thursday divulging the tech-giant “will effectively transition from primarily being a social media company to being a metaverse company.” Meta will keep the brand...
FDA Approves Pfizer Vaccine for Children 5 to 11-Years-Old
The FDA has granted Pfizer-BioNTech emergency approval for their vaccine for use in children from 5 to 11-years old, throwing open the door to inoculate 28 million children in the U.S. alone. "The FDA has...
What Is Really Happening Behind the US-China Geopolitical Curtain?
For many businesses, financial gain trumps rising diplomatic tensions News analysis For the past two decades, China has been racing against the U.S. to gain momentum and control over the global economy. In an age...
China’s Billionaire Class Exposed in Hurun’s 2021 Rich List; Bottled Water and New Energy Create Fortunes
The 2021 Hurun China Rich List was announced on Oct. 27 and according to the calculation of wealth, as of Jan. 15, 2021, the wealth of bottled water king, Zhong Shanshan, 67, grew by US$3.9 billion...
Beijing Asks Evergrande Founder to Use His Money to Pay Back Company Debts
Chinese authorities have asked the founder of Evergrande, billionaire Hui Ka Yan (also known as Xu Jiayin), to tap into his personal wealth to pay back some of the debts of the company. Evergrande has...
