
Xiaomi Auto Announces New Automated Driving Patent
Xiaomi Auto Technology Co., Ltd. announced on Tuesday that it has obtained a patent on "automated driving methods, installations, electronic devices and storage media."
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Xiaomi Auto Technology Co., Ltd. announced on Tuesday that it has obtained a patent on "automated driving methods, installations, electronic devices and storage media."

Tencent Music Entertainment Group (TME) celebrated three years of achievements in artist support by its indie musician program Tencent Musician on July 24.

On September 30, Asia Innovations Group Limited (AIG), a Singapore-based mobile app developer, announced that it had signed a business merger agreement with Magnum Opus Acquisition Limited (NYSE: OPA), a special purpose acquisition company (SPAC).

On April 28th, all official patient communication groups owned by Xiaohe Health under Beijing-based tech giant ByteDance will cease operations due to business adjustments. In February, rumors circulated that the Xiaohe Health App would be shut down.

On July 26, the Korean electric vehicle battery manufacturer LG Energy Solution announced that it would establish a battery recycling joint venture in China with the Chinese new energy Li-ion battery material research and development manufacturer, Huayou Cobalt.

Chinese e-commerce giant Alibaba releases “Alibaba Sans” typeface and grants all members in its ecosystem free access to the font.

Chinese telecom giant Tencent released its third quarter financial report on Wednesday, showing that its revenue in the third quarter was 142.368 billion yuan ($22 billion), a year-on-year increase of 13%.

Chinese venture capital (VC) firm Source Code Capital, which has backed some of the country’s biggest tech firms and unicorns, announced on Tuesday it has raised a total of $1 billion in fresh funds.

News emerged on Tuesday that Baidu is negotiating with potential acquirers to sell its 53% stake in iQIYI, attracting interest from buyers including Hong Kong private equity firm PAG and China Mobile. iQIYI responded that this news is untrue.

On Dec. 14, Alibaba Investment, China Literature, and Hive Box were fined an overall 1.5 million yuan for violating the anti-monopoly law, according to a notice from the State Administration for Market Regulation.

A new-generation four-legged robot developed by Tencent’s Robotics X Lab was released on August 8. Named Max, the new robot shows good maneuverability and can move accurately on complex terrain.

Toutiao, which belongs to Beijing-based tech giant ByteDance, has recently launched an app called "Toutiao Haowai," which can recommend high-quality content to users, and its target is young consumers.