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☆ Boeing’s Pile of Problems Gets Bigger as a Crucial Buyer Hesitates
  + stars: | 2024-01-15 | by ( Yoko Kubota | Raffaele Huang | ) www.wsj.com   time to read: 1 min
Planes operated by China Southern Airlines stood dormant during the 2019 grounding of Boeing 737 MAX jets. Photo: greg baker/Agence France-Presse/Getty ImagesBEIJING— Boeing ’s long-awaited delivery resumption of its 737 MAX jets to China faces fresh delays after the Alaska Airlines incident, as the plane maker was poised to benefit from the thaw in U.S.-China relations. China Southern Airlines , one of several Chinese carriers with undelivered MAX jets, has been readying to receive Boeing’s planes as early as January, people familiar with the matter said. Now the airline is planning to conduct additional safety inspections on those aircraft following the incident, the people said, though the jets to be delivered aren’t the same variant as Alaska’s MAX 9.
Persons: greg Organizations: China Southern Airlines, Boeing, Agence France, Getty, BEIJING, Alaska Airlines, undelivered MAX Locations: China
☆ Boeing Faces Longer Wait to Resume MAX Deliveries in China
  + stars: | 2024-01-15 | by ( Yoko Kubota | Raffaele Huang | ) www.wsj.com   time to read: 1 min
Planes operated by China Southern Airlines stood dormant during the 2019 grounding of Boeing 737 MAX jets. Photo: greg baker/Agence France-Presse/Getty ImagesBEIJING— Boeing ’s long-awaited delivery resumption of its 737 MAX jets to China faces fresh delays after the Alaska Airlines incident, as the plane maker was poised to benefit from the thaw in U.S.-China relations. China Southern Airlines , one of several Chinese carriers with undelivered MAX jets, has been readying to receive Boeing’s planes as early as January, people familiar with the matter said. Now the airline is planning to conduct additional safety inspections on those aircraft following the incident, the people said, though the jets to be delivered aren’t the same variant as Alaska’s MAX 9.
Persons: greg Organizations: China Southern Airlines, Boeing, Agence France, Getty, BEIJING, Alaska Airlines, undelivered MAX Locations: China
☆ TikTok’s Owner Wanted to Create a Hit Videogame. It Failed.
  + stars: | 2023-11-27 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
A Nuverse booth at a fair in Germany. ByteDance has told the videogame unit to terminate games under development by December and is laying off hundreds of employees Photo: ina fassbender/Agence France-Presse/Getty ImagesSINGAPORE—TikTok’s Chinese parent ByteDance has bet billions on videogames since 2019, setting up its own creative unit and acquiring buzzy game makers. Now it is winding down those efforts, its latest pullback from experimental forays into education, property brokering and virtual reality as it faces regulatory and economic headwinds at home and abroad.
Persons: ByteDance, ina fassbender Organizations: Agence France, Getty, SINGAPORE Locations: Germany
☆ Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs
  + stars: | 2023-11-16 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
Alibaba said it had scrapped its plan to spin off and list its cloud-computing division. Photo: /Bloomberg NewsSINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite. Alibaba on Thursday said it had scrapped its plan to spin off and list its cloud-computing division, citing the impact of the export controls that took effect late last month. The restrictions “may materially and adversely affect” the cloud business’s ability to offer products and services and to perform under existing contracts, Alibaba said, adding that it would focus on the division’s growth.
Persons: Alibaba Organizations: Bloomberg News SINGAPORE Locations: China
☆ Nvidia Develops New AI Chips, Again, to Keep Selling to China
  + stars: | 2023-11-11 | by ( Raffaele Huang | Asa Fitch | ) www.wsj.com   time to read: 1 min
People visiting an Nvidia booth at a conference in Hangzhou, China, last month. Photo: Cfoto/Zuma PressNvidia is working on a new lineup of artificial-intelligence chips customized for China as the semiconductor giant tries to maintain access to a huge market while adjusting to shifting U.S. regulations. After U.S. restrictions cut off chips that Nvidia had previously developed for the market, the company told distributors in China early this week that three new chips could become available as soon as the end of this year, according to people briefed on the matter.
Organizations: Zuma Press Nvidia, U.S, Nvidia Locations: Hangzhou, China
☆ Meta Strikes Deal to Return to China After 14 Years
  + stars: | 2023-11-10 | by ( Raffaele Huang | Liza Lin | Salvador Rodriguez | ) www.wsj.com   time to read: 1 min
Meta plans to use lenses in the headset that are cheaper than those in its most recent model, the Quest 3, pictured above. Photo: Godofredo A. Vásquez/Associated PressSINGAPORE— Meta Platforms has struck a preliminary deal to sell a new, lower-priced version of its virtual-reality headset in China, regaining a foothold among consumers in the country 14 years after Facebook was shut out. The agreement with Tencent Holdings will make the world’s largest videogame company the exclusive seller of Meta’s headsets in China, people familiar with the matter said, offering the U.S. technology giant a major new market as it looks to boost tepid global demand for its niche gear. Tencent will start selling the headset beginning late 2024, with the two companies reaching a deal after about a year of negotiations.
Organizations: Associated Press, Facebook, Tencent Holdings Locations: Associated Press SINGAPORE, China
☆ Meta Strikes Deal to Return to China After 14 years
  + stars: | 2023-11-10 | by ( Raffaele Huang | Liza Lin | Salvador Rodriguez | ) www.wsj.com   time to read: 1 min
Meta plans to use lenses in the headset that are cheaper than those in its most recent model, the Quest 3, pictured above. Photo: Godofredo A. Vásquez/Associated PressSINGAPORE— Meta Platforms has struck a preliminary deal to sell a new, lower-priced version of its virtual-reality headset in China, regaining a foothold among consumers in the country 14 years after Facebook was shut out. The agreement with Tencent Holdings will make the world’s largest videogame company the exclusive seller of Meta’s headsets in China, people familiar with the matter said, offering the U.S. technology giant a major new market as it looks to boost tepid global demand for its niche gear. Tencent will start selling the headset beginning late 2024, with the two companies reaching a deal after about a year of negotiations.
Organizations: Associated Press, Facebook, Tencent Holdings Locations: Associated Press SINGAPORE, China
☆ Chinese Videogames Are Winning on the Global Stage
  + stars: | 2023-11-08 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/chinese-videogames-are-winning-on-the-global-stage-d53512f3
Persons: Dow Jones
☆ Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs
  + stars: | 2023-10-31 | by ( Raffaele Huang | Asa Fitch | ) www.wsj.com   time to read: 1 min
Chip maker Nvidia broke into the exclusive club of companies that have a $1 trillion market cap. WSJ’s Asa Fitch breaks down how Nvidia got there—and why AI is fueling the company’s rapid growth. Photo illustration: Annie ZhaoSINGAPORE—New U.S. export controls may compel artificial-intelligence giant Nvidia to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources. The Santa Clara, Calif.-based company had already finished delivering orders of its advanced AI chips to China for this year, according to people familiar with the matter, and was pushing to deliver some 2024 orders in advance before the new rules were scheduled to come into effect in mid-November.
Persons: WSJ’s Asa Fitch, Annie Zhao Organizations: Nvidia, Annie Zhao SINGAPORE — Locations: Annie Zhao SINGAPORE, Annie Zhao SINGAPORE — New, China, Santa Clara, Calif
☆ Rank and Yank Is Back: TikTok Wants More Workers Rated Near the Bottom
  + stars: | 2023-10-30 | by ( Liza Lin | Raffaele Huang | Georgia Wells | ) www.wsj.com   time to read: 1 min
An office of TikTok, whose move could double or triple the number of subpar grades given this year, some managers say. Photo: how hwee young/ShutterstockSINGAPORE—TikTok is asking managers across the world to give more employees lower ratings in performance reviews, a move that staff fear could reduce bonuses and lead to layoffs, people familiar with the matter said. In mid-October, managers were told by senior management and staff in human resources that they needed to assign more performance reviews at the lower end of the company’s bell-curve rating system, employees managing teams in the U.S., Singapore and China told The Wall Street Journal. This could double or triple the number of subpar grades given on some teams this year, the people said.
Organizations: SINGAPORE, Wall Street Locations: U.S, Singapore, China
☆ TikTok Gets Tougher in Performance Reviews, and Employees Are Spooked
  + stars: | 2023-10-30 | by ( Liza Lin | Raffaele Huang | Georgia Wells | ) www.wsj.com   time to read: 1 min
An office of TikTok, whose move could double or triple the number of subpar grades given this year, some managers say. Photo: how hwee young/ShutterstockSINGAPORE—TikTok is asking managers across the world to give more employees lower ratings in performance reviews, a move that staff fear could reduce bonuses and lead to layoffs, people familiar with the matter said. In mid-October, managers were told by senior management and staff in human resources that they needed to assign more performance reviews at the lower end of the company’s bell-curve rating system, employees managing teams in the U.S., Singapore and China told The Wall Street Journal. This could double or triple the number of subpar grades given on some teams this year, the people said.
Organizations: SINGAPORE, Wall Street Locations: U.S, Singapore, China
☆ TikTok Asks Managers to Give More Staff Lower Review Grades
  + stars: | 2023-10-29 | by ( Liza Lin | Raffaele Huang | Georgia Wells | ) www.wsj.com   time to read: 1 min
An office of TikTok, whose move could double or triple the number of subpar grades given this year, some managers say. Photo: how hwee young/ShutterstockSINGAPORE—TikTok is asking managers across the world to give more employees lower ratings in performance reviews, a move that staff fear could reduce bonuses and lead to layoffs, people familiar with the matter said. In mid-October, managers were told by senior management and staff in human resources that they needed to assign more performance reviews at the lower end of the company’s bell-curve rating system, employees managing teams in the U.S., Singapore and China told The Wall Street Journal. This could double or triple the number of subpar grades given on some teams this year, the people said.
Organizations: SINGAPORE, Wall Street Locations: U.S, Singapore, China
☆ Want to Sell on TikTok? For Many Chinese Merchants, It Isn’t So Simple
  + stars: | 2023-09-25 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
Want to Sell on TikTok? For Many Chinese Merchants, It Isn’t So Simple Picking the right products, avoiding cultural faux pas and navigating social media are all part of the challenges vendors faceStills from raw clips that Chinese merchant Lina Pan was given by a coach teaching how to earn ‘millions’ by selling on TikTok. Pan says the instructor told her to use these materials to make videos and post them on her TikTok account.
Persons: Lina Pan, Pan
☆ Ford Tried to Sell the Electric Mustang to China the Tesla Way—It Didn’t Work
  + stars: | 2023-09-25 | by ( Selina Cheng | Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/ford-tried-to-sell-the-electric-mustang-to-china-the-tesla-wayit-didnt-work-72bb6dbb
Persons: Dow Jones
☆ Want to Sell on TikTok? For Many Chinese Merchants, It Isn’t So Simple.
  + stars: | 2023-09-25 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
Want to Sell on TikTok? For Many Chinese Merchants, It Isn’t So Simple. Picking the right products, avoiding cultural faux pas and navigating social media are all part of the challenges vendors faceStills from raw clips that Chinese merchant Lina Pan was given by a coach teaching how to earn ‘millions’ by selling on TikTok. Pan says the instructor told her to use these materials to make videos and post them on her TikTok account.
Persons: Lina Pan, Pan
☆ Alibaba’s Former Chairman Daniel Zhang Steps Down From Last Executive Role at Company
  + stars: | 2023-09-11 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/alibaba-groups-former-chairman-zhang-steps-down-as-ceo-of-cloud-business-unit-1d8d990c
Persons: Dow Jones, zhang
☆ China Creates Government Body to Support Private Sector
  + stars: | 2023-09-04 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/china/china-creates-government-body-to-support-private-sector-cb21a548
Persons: Dow Jones
☆ Tesla Unveils New Model 3 in China With Longer Range—and a Steeper Price Tag
  + stars: | 2023-09-01 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/tesla-unveils-new-model-3-in-china-with-longer-rangeand-a-steeper-price-tag-8246b68f
Persons: Dow Jones
☆ Tesla Unveils Refreshed Model 3 With Longer Range—and a Steeper Price Tag
  + stars: | 2023-09-01 | by ( Raffaele Huang | Selina Cheng | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/tesla-unveils-new-model-3-in-china-with-longer-rangeand-a-steeper-price-tag-8246b68f
Persons: Dow Jones
☆ Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
  + stars: | 2023-08-21 | by ( Raffaele Huang | Shen Lu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/chinese-e-commerce-giants-pivot-to-selling-inexpensive-goods-6791bce5
Persons: Dow Jones
☆ Raffaele Huang — Reporter at The Wall Street Journal
  + stars: | 2023-08-17 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
Raffaele HuangRaffaele Huang is a reporter for The Wall Street Journal in Singapore, covering China’s technology companies. Previously, he mainly focused on corporate news in the automotive and technology sector in Beijing.
Persons: Raffaele Huang Raffaele Huang Organizations: Wall Street Locations: Singapore, Beijing
☆ China Set to Impose Mobile Device Limits for Minors
  + stars: | 2023-08-04 | by ( Raffaele Huang | Liza Lin | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/china-set-to-impose-mobile-device-limits-for-minors-c547cac5
Persons: Dow Jones, c547cac5
☆ China Pleases Parents With Plan to Limit Kids’ Smartphone Use
  + stars: | 2023-08-04 | by ( Raffaele Huang | Liza Lin | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/china-set-to-impose-mobile-device-limits-for-minors-c547cac5
Persons: Dow Jones, c547cac5
☆ TikTok Wants to Sell Made-in-China Goods to Americans
  + stars: | 2023-07-25 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/tiktoks-next-plan-for-u-s-dominance-selling-made-in-china-goods-44943693
Persons: Dow Jones
☆ TikTok’s Next Plan for U.S. Dominance: Selling Made-in-China Goods
  + stars: | 2023-07-25 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/tiktoks-next-plan-for-u-s-dominance-selling-made-in-china-goods-44943693
Persons: Dow Jones
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