Strategy – Page 7105 – I wish I had more to offer

Jack Ma cedes control of Chinese fintech giant Ant Group

China blocked the company’s IPO in 2020 after Ma made controversial statements. Chinese billionaire Jack Ma is ceding control of Alipay owner Ant Group. Per The Wall Street Journal, the Alibaba-affiliated company announced it would end agreements that had allowed Ma to hold a dominant position within Ant Group’s corporate governance structure. The outspoken entrepreneur… Continue reading Jack Ma cedes control of Chinese fintech giant Ant Group

@Daimler: Mercedes-Benz Reveals New Charging Network and Tech Updates at CES 2023

Mercedes-Benz to launch global branded high-power charging network starting in North America At CES, visitors will be able to marvel at the VISION EQXX, most efficient Mercedes-Benz ever built Automatic Lane Change (ALC) to take advanced driver-assistance systems to next level in North American market Level 3 conditionally automated driving with Mercedes-Benz DRIVE PILOT available in… Continue reading @Daimler: Mercedes-Benz Reveals New Charging Network and Tech Updates at CES 2023

@Daimler: Mercedes-Benz Reveals New Charging Network and Tech Updates at CES 2023

For Ferrari, a Second-Place F1 Season Full of Mistakes

Ferrari began the season with a strong one-two finish in the first race and a win in the third, prompting team hopes that it would finally land its first title since 2008. But it fell short, finishing second in the constructors’ and drivers’ championships and is now searching for a new team principal. One of… Continue reading For Ferrari, a Second-Place F1 Season Full of Mistakes

Chinese companies lead in LiDAR tech

WeRide, an autonomous driving technology company, partners with Hesai, a LiDAR company, to showcase a Level 3 autonomous driving vehicle with WeRide’s new sensor suite SS5.1 at the CES 2023. LIA ZHU/China Daily Fully autonomous consumer cars may not be far off as more cars capable of high driving automation are on the road with the advance… Continue reading Chinese companies lead in LiDAR tech

CATL revs up intl presence with overseas plants

Visitors learn about new energy vehicles’ battery-changing process at the booth of Contemporary Amperex Technology Co Ltd during an expo in Xiamen, Fujian province, in September. [Photo/Xinhua] Going global will be a key phrase for Chinese battery maker Contemporary Amperex Technology Co Ltd in 2023, as the world’s largest maker of electric vehicle batteries has… Continue reading CATL revs up intl presence with overseas plants

Biotech Penile Implants Let Pigs Get Erections Again

Image by Getty Images In what appears to be a major breakthrough in the quest to treat erectile dysfunction, scientists in China have successfully restored normal erections in pigs with injured penises by way of bionic tissue transplant. Yes, you read that right. Count your days, little blue pill — biotech dicks have arrived. As… Continue reading Biotech Penile Implants Let Pigs Get Erections Again