Pandaily Digest|Mar 27, 2023
Editor's note: The United States Congress held a hearing on TikTok after a three-year hiatus.
TikTok CEO Grilled by US Lawmakers
The United States Congress recently held a hearing on TikTok after a three-year hiatus, revisiting concerns over the app’s ownership by ByteDance and the possibility of separating it from the Chinese parent company or outright banning it in the US. Link
Headlines from China
SHEIN Refutes Risk of Shutdown in the US
A recent report suggested that Chinese fast fashion retailer SHEIN could face the threat of a "Shut Down SHEIN" campaign. SHEIN has denied the allegations and affirmed its adherence to US laws and regulations. Link
OPPO Plans to Withdraw Smartphones Business from Germany and UK
On March 27th, it was reported that OPPO smartphone's European business is planning to withdraw from Germany and Britain, leaving only a small division to handle basic business needs. Meanwhile, the company's operations in Italy, Finland, Spain and France continue to grow. Link
Samsung’s Lee Jae-yong Vsits China After Three Year Absence
President Lee Jae-yong flew to Beijing by chartered plane on the afternoon of 23rd. This is Lee Jae-yong's second visit to China in nearly three years after inspecting the Samsung Xi'an Semiconductor Factory in May 2020. Link
News You Shouldn’t Miss
Launch Event for Baidu’s ERNIE Bot Changes to Closed Exchange Meeting
Baidu AI Cloud was scheduled to hold a launch event on March 27th at which it will unveil a series of cloud services and applications related to the company's new Ernie Bot. According to sources close to Baidu's insiders, the launch event has been cancelled and "will be postponed for a few days before being released". Link
Founder of Alibaba Group, Jack Ma Returns to China
On March 27th, Jack Ma, founder of Alibaba Group, returned to China. Recently, some netizens witnessed Jack Ma in Wenyi Road Tunnel, Hangzhou. In the video, Jack Ma rides in a Toyota Kauste and occasionally talks with people around him. Link
Pony.ai Co-Founder Takes on Role of CFO
Lawrence Steyn has left his position as CFO of self-driving startup Pony.ai in early March. Wang Haojun, one of the company's founding members, will be taking over as CFO. Link
Tim Cook Commends China’s Innovation and Longstanding Partnership With Apple
During the China Development Forum on March 25, Apple CEO Tim Cook commended China for its rapid advancements in innovation and its longstanding relationship with Apple. Link
Lenovo Reportedly to Cut Legion Gaming Smartphone Business
Gaming smartphones are having a hard time at present. Lenovo's smartphone brand Legion is reported to be completely abolished. Link
Huawei Unveils Mate X3 Foldable Smartphone and Other New Products
Huawei launched new products including flagship smartphones, foldable smartphones, an entry-level smartphone, smart watches, headphones, a tablet, laptops and a new commercial brand. Link
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