China’s 14th Five-year Plan
The Fifth Plenary Session of the 19th CPC Central Committee, which is scheduled from Oct 26 to 29, will deliberate the country’s 14th Five-Year Plan (2021-25).So what is the five-year plan? What does…
Baidu fully opens Apollo Go Robotaxi services in Beijing
China and the US have become the two major players in the autonomous driving sector in recent years. According to the 2018 and 2019 editions of the Beijing Autonomous Vehicles Road Test Report,…
Walt Disney Restructures Entertainment Businesses to Boost Streaming
Disney recently underscored its focus on building Disney+ amid the ongoing pandemic and the demise of the box office by announcing that it will send Pixar’s Soul straight to Disney+ in the U.S.…
EV Maker Xpeng Plans New Plant with Local Government Financing
Electric vehicle maker Xpeng Inc (XPEV.N) said on September 28th that it would start building a new car plant in China’s southern city of Guangzhou with 4 billion yuan ($590 million) in financing…
Palantir moves NYSE direct listing date to September 29, values around $25.9 billion
Palantir Technologies, a data analytics platform focused on the government and financial sectors, is expected to begin trading on the NYSE on Tuesday, September 29, 2020, according to an amendment filed with the…
NVIDIA to Acquire Arm for $40 Billion, Creating World’s Premier Computing Company for the Age of AI
NVIDIA and SoftBank Group Corp. (SBG) today announced a definitive agreement under which NVIDIA will acquire Arm Limited from SBG and the SoftBank Vision Fund (together, “SoftBank”) in a transaction valued at $40…
