Pandaily's Digest #20210428
Tesla struggles with publicity crisis in China despite stellar Q1 results, Redmi launches K40 Gaming Enhanced Edition phone, Meituan under investigation for suspected monopolistic practices, and more.
Tesla’s Stellar Q1 Results Eclipsed by Publicity Crisis in China
Despite announcing a strong start to 2021 with record revenues and deliveries, Tesla is still struggling to redeem its reputation amid a publicity crisis in the world’s largest car market.
Redmi Introduces K40 Gaming Enhanced Edition Phone with Dimensity 1200 Chipset
Redmi, Chinese technology giant Xiaomi’s sub-brand, on Wednesday launched its long-hyped K40 Gaming Enhanced Edition mobile phone, adding a new member to the company’s flagship K40 series.
Skyworth and Skywell Introduce New Auto Brand, Aiming to Enter Crowded Electric Vehicle Market
Leading new energy automobile company Skywell held a meeting in Beijing on Tuesday to officially release a new auto brand – Skyworth Automobile.
Huya Lands Exclusive Rights for Chinese League of Legends Events in $310 Million Deal
Chinese live-streaming platform Huya Inc revealed it has signed a $310 million media rights deal with the country’s League of Legends operator TJ Sports, according to a filing to the US Securities and Exchange Commission.
After Alibaba, China Extends Its Big Tech Crackdown by Opening Antitrust Probe into Meituan
The Chinese government announced on Monday that it has launched an anti-monopoly investigation into food delivery giant Meituan, stepping up its campaign aimed at reining in the power of the country’s big tech groups.
Baidu App Unveils New Strategy as it Hits 560 Million Monthly Active Users
Baidu said on Monday its flagship Baidu App has reached 558 million monthly active users (MAU) in March, with more than 75% of users logging onto the platform every day.
WeChat Takes the Lead in Cracking Down on Infringement of Intellectual Property of Short Videos
On Monday, World Intellectual Property Day, WeChat released the 2020 Intellectual Property Protection Data Report.
China to Impose New Information Protection Laws, Tightening Regulation of Data-Hungry Internet Giants
China is moving closer to enforcing a new law that would crack down on the invasive practices of the country’s most powerful tech giants, as the draft of the Personal Information Protection Law has been submitted on Monday.