Chinese Beverage Giant Founder Zong Qinghou Passes Away at 79

Zong Qinghou, the self-made billionaire founder of the Chinese beverage giant Wahaha Group, has passed away at the age of 79. He is known for leading Wahaha to become a household name in China and for navigating a high-profile dispute with French food giant Danone. Zong co-founded Wahaha in 1987, and through his shrewd business … Read more

Byju’s Founder Contests Shareholder Vote, Insisting He Remains CEO

Byju Raveendran, the founder of edtech giant Byju’s, finds himself embroiled in a corporate battle after a shareholder group voted to remove him as CEO. Despite the vote, Raveendran maintains in a letter to employees that he remains the company’s leader and argues that the shareholders’ actions were invalid. The shareholder group, which includes major … Read more

China’s Box Office Booms with $1.4 Billion Bonanza: Homegrown Hits Lead Lunar New Year Celebration

China’s box office roared back to life in February, raking in a staggering US$1.4 billion thanks to enthusiastic moviegoers flocking to theaters during the Spring Festival holiday. Leading the charge was “YOLO” (Re La Gun Tang), a comedy-drama directed, written by, and starring rising star Jia Ling. This tale of self-discovery, adapted from a Japanese … Read more

Japan Launches Digital Nomad Visa Program

Calling all remote workers with a thirst for adventure! Japan has officially launched a brand-new digital nomad visa program, beckoning tech-savvy souls and wanderlust-stricken individuals to experience the Land of the Rising Sun in a whole new way. This exciting development marks a significant shift in Japan’s immigration policy, embracing the digital nomad movement and … Read more

Tragedy in Nanjing: Fire in Residential Building Claims 15 Lives, Raising Safety Concerns

A devastating fire ripped through a residential building in Nanjing, China, early Friday morning, leaving 15 people dead and 44 injured. The blaze, which started around 4:39 AM local time, is suspected to have originated from electric bikes parked on the ground floor. According to state media reports, the fire quickly spread upwards, forcing residents … Read more

Faster Travel to Shenzhen Airport: Pingshan to Reach Bao’an in Just 40 Minutes by 2026

Good news for residents of Shenzhen’s Pingshan district! Travel time to the bustling Bao’an International Airport will shrink significantly by 2026, with the completion of the Shenzhen-Dayawan Intercity Railway. This exciting project promises to connect Pingshan to the airport in just 40 minutes, streamlining travel and boosting convenience for residents and visitors alike. The intercity … Read more

Xiaomi Unveils Photography-Focused 14 Ultra, Aims to Shake Up High-End Smartphone Market

Xiaomi unveiled its latest flagship smartphone, the 14 Ultra, on Thursday, specifically targeting the competitive high-end segment dominated by Apple and Huawei. Priced starting at 6,499 yuan (US$903), the 14 Ultra joins the Xiaomi 14 series and aims to undercut the iPhone 15 (5,999 yuan) and iPhone 15 Pro (7,999 yuan). Pre-orders are open, with … Read more

From $5 Billion to $800 Billion: NVIDIA’s Decade-Long AI-Fueled Valuation Journey 

NVIDIA, the graphics processing unit (GPU) giant, has experienced a remarkable journey in the past decade, fueled by the rise of artificial intelligence (AI). This article explores the company’s valuation trajectory from 2012 to 2023, analyzing how the development of AI has impacted its financial performance and market perception. Early Days: Building the Foundation (2012-2015) … Read more

Private Spacecraft Makes Historic Moon Landing

History made! After 50 years, an American spacecraft, the Nova-C lander, successfully landed on the moon’s south pole. This historic feat, achieved by private company Intuitive Machines, marks a major step towards NASA’s Artemis program to return astronauts to the moon. While initial concerns arose due to malfunctioning sensors, quick reactions and a backup NASA … Read more