During a cyberspace conclave this past weekend, Chinese President Xi Jinping urged his countrymen to close the tech gap with the U.S. It’s not the first time he’s pushed China to catch up with the west on core tech such as semiconductors. But the recent U.S. ban of Chinese smartphone maker ZTE from using U.S. tech added urgency to the government’s “Made in China 2025” policy. Chinese nationalists...
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Apple Plans Podcasting Subscription Service in Threat to Spotify
Apple—long considered the sleeping giant in the podcast space—is waking up. The company, which runs the most widely used podcasting app in the industry, is discussing launching a new subscription service that would charge people to listen to podcasts, according to people familiar with the matter. Such a service could pose a threat to Spotify, SiriusXM, Amazon and other big companies...
Walmart’s Marc Lore Is Stepping Down
ByteDance Rival Kuaishou Gets Approval to Raise as Much as $6 Billion in Hong Kong IPO
Chinese Smartphone Xiaomi Unexpectedly Added to U.S. Blacklist
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