If efforts by states and cities to pass privacy regulations curbing the use of facial recognition are anything to go by, you might fear the worst for the companies building the technology. But a recent influx of investor cash suggests the facial recognition startup sector is thriving, not suffering. Facial recognition is one of the…
© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White SHANGHAI (Reuters) – China is stepping up restrictions on financing to local government financing vehicles (LGFVs) to mitigate risks from hidden debt, the official Securities Times reported on Monday. Several banks and insurers are connecting their…
© Reuters. FILE PHOTO: People walk and shop as Israel reopens swathes of its economy, continuing to lift restrictions of a national lockdown to fight the coronavirus disease (COVID-19), inside the mall in Jerusalem February 21, 2021. REUTERS/Ammar Awad/Files JERUSALEM (Reuters) – Israel’s Finance Ministry said on Sunday the 2021-2022 budget will be based on…
© Reuters. FILE PHOTO: People pick up children from a school in Beijing, China, April 6, 2021. REUTERS/Thomas Peter HONG KONG (Reuters) -China’s private education firms are bracing for a “material” hit to their operations after Beijing announced new rules barring for-profit tutoring in core school subjects to ease financial pressures on families. News of…
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices…
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Despite the geopolitical headwinds for foreign tech firms to enter China, many companies, especially those that find a dependable partner, are still forging ahead. For this…
General Motors (GM) – Get Report has filed a lawsuit against rival automaker Ford (F) – Get Report claiming that the name of Ford’s new automated driving system BlueCruise is an infringement on its Cruise registered trademark. GM on Friday filed its lawsuit in the U.S. District Court for the Northern District of California seeking an…
RADNOR, Pa., July 24, 2021 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP announces to investors of 360 DigiTech, Inc. (NASDAQ: QFIN) (“360 DigiTech”) that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired 360 DigiTech securities between April 30, 2020 and July 7,…
2/2 © Reuters. FILE PHOTO: U.S. President Joe Biden holds a meeting on infrastructure with labor and business leaders at the White House in Washington, U.S. July 22, 2021. REUTERS/Jonathan Ernst 2/2 WASHINGTON (Reuters) -U.S. President Joe Biden on Friday authorized up to $100 million from an emergency fund to meet “unexpected urgent” refugee needs…
© Bloomberg. Mohamed El-Erian, chief economic advisor for Allianz SE, speaks during the Context Summits Leadership Day in Miami, Florida, U.S., on Wednesday, Jan. 30, 2019. Context Summits Leadership Day features many of the world’s top investors, policymakers and other well-known names in finance, to discuss the topics of interest to the alternative asset management…
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