1. China’s new encryption law took effect on Jan 1st

2. Chinese mobile users now spend over 6 hours every day online according to QuestMobile

3. Hangzhou dangles up to 30 million yuan in AI subsidies to support country’s push for global dominance

4. Lenovo China’s smartphone head Chang Cheng joins rival Xiaomi as race for 5G heats up

5. JD’s health care unit vaults into No 2 spot for new unicorns with US$7 billion valuation

6. Xiaomi to invest $7 billion in 5G, AI and IoT over next five years

7. Huawei’s 2019 revenue to jump 18%, forecasts ‘difficult’ 2020

8. Made in China: Tesla Model 3 deliveries to Chinese customers to begin January 7

9. Alibaba’s DAMO Academy expects large-scale blockchain in 2020

10. QQ music established the strategic partnership with Bilibili to support music talent and creators.


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1. Malaysia’s central bank to issue up to 5 digital banking licenses

2. Budget hotel startup ZEN Rooms’s Co-founder Kiren Tanna steps down after Yanolja’s acquisition



1. China’s Ant Financial applies for Singapore digital banking license

2. Gaming firm Razer joins Singapore digital bank race

3. Xpeng NEV partner Haima Automobile eyes India market amid sales slump

4. Tencent acquires 10% stake in Universal Music Group



1. Amazon threatened to fire employees for speaking publicly about climate change, group says

2. Google’s DeepMind A.I. beats doctors in breast cancer screening trial

3. Germany’s Bosch to offer lower-cost sensors for self-driving cars

4. Trifo raises $15M, announces new robot vacuum

5. Shipfix raises $4.5M seed for its dry cargo shipping platform


Image Credits: Reuters

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