China over the past decade built an alternate online reality where Google and Facebook barely exist. Now its own largest tech corporations are getting a taste of what a shutout feels like.
The US senate overwhelmingly approved legislation on Wednesday that could lead to Chinese companies such as Alibaba Group and Baidu being barred from listing on US stock exchanges.
Alibaba Group will invest $28-billion on cloud infrastructure such as data centres over the next three years, a major effort to extend one of its fastest growing businesses to more countries.
Samsung is investing heavily in the next step in miniaturising semiconductors, a process called extreme ultraviolet lithography. It’s by far the priciest manufacturing upgrade Samsung has ever attempted.
China’s ByteDance has launched a search engine that bears a striking resemblance to Google’s clean, uncluttered homepage but produces heavily sanitised results.
Google is preparing to launch a censored version of its search engine for China that will block results Beijing considers sensitive, The Intercept reported.