US prosecutors say Bankman-Fried ordered a $40m crypto payment to persuade Chinese authorities to unfreeze Alameda accounts with more than $1 billion of cryptocurrency

Group's shares jump 16% after similar rise in the US; Hang Seng Index lifted by speculation China's regulatory crackdown is ending and talk of IPOs from Alibaba hiving off business units

The Chinese e-commerce giant on Tuesday announced the biggest rejig in its history, which will see it split into six independent units; the news comes after founder Jack Ma returned home

Chinese tech giant will reorganize its businesses into six independently run entities to shorten its decision-making processes, CEO Daniel Zhang said this week

Chipmaker Nvidia preferred to see its powerful processors being used on the artificial intelligence chatbot ChatGPT rather than mining crypto, its tech chief has revealed

China's Foreign Ministry said on Monday that the US has made a presumption of guilt against TikTok without presenting evidence that the popular app threatens its national security

The Chinese tech giant lost access to the software in 2020 due to sanctions imposed by the US and saw its smartphone sales tank as a result

The move follows sweeping export controls implemented by the United States last year that stopped Nvidia from selling its two most advanced chips to Chinese customers

Ernie bot responded in a similar manner to questions about China's 1989 Tiananmen Square crackdown and the treatment of Uyghur Muslims

"Ernie Bot is not a tool of confrontation between China and the United States," said Baidu CEO Robin Li.

The development follows the Dutch government’s announcement that it would restrict exports of critical chipmaking technology to protect national security

The Netherlands considers it necessary on national security grounds to get this technology into oversight with the greatest of speed, the Dutch trade minister said