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Beijing bans drone possession in the city after earlier moves to tighten rules
1+ day, 8+ hour ago (249+ words) Beijing has barred unauthorized drone flights, citing security reasons, and has designated the city’s administrative area as restricted airspace. The latest revised rules come after a fatal accident in late June when a small aircraft crashed into a Beijing skyscraper,…...
Chinas AI chipmakers raise prices as high-bandwidth memory shortage bites
4+ day, 11+ hour ago (605+ words) Sept 10 - Chinese AI chipmakers including Huawei Technologies and Cambricon have sharply raised prices for current and next-generation AI processors, three people familiar with the matter said, as soaring costs for high-bandwidth memory squeeze efforts to build domestic alternatives to Nvidia....
Luxury houses are looking for American buyers to make up for flagging Chinese consumption
5+ day, 7+ hour ago (776+ words) A year ago, shoppers in Shanghai visiting The Louis, a massive Louis Vuitton emporium shaped like an ocean liner, were stocking up on pricey luggage, raising hopes that China’s luxury market was finally rebounding. The striking homage to the brand…...