Özgür Özkök
In a groundbreaking experiment, a group of researchers from China and the US showcased the prowess of AI in software development. They assembled a virtual team of ChatGPT 3.5-powered bots, each taking on roles typically in a software agency, such as CEO, CTO, programmer, and graphics designer. This AI team, […]
New Regulations Could Have Major Implications for the Industry In a move that has sent shockwaves through the generative AI industry, China has announced new regulations that could effectively ban the use of these apps in the country. The regulations, published on July 30, 2023, state that the government must […]
Deliveroo, a London-based food delivery appointment that operates worldwide, has announced its plans to exit the Netherlands market. The exit was due to the surge in losses as investment costs ate into rising revenues. Deliveroo has witnessed a loss after tax jumped 41% to £153.8 million compared with the first […]
Japan is preparing to issue digital currency in both the public and private sectors following swift moves by China and other countries to do the same. Virtual money issued by central banks worldwide is called “central bank digital currency” or CBDC and is used for cashless payments via smartphones or […]
ByteDance has applied for the registration of the “Doupay” trademark, which is classified under the international classification of scientific instruments and website services, and the trademark status is “trademark application pending,” according to Cailian Press, a Chinese online business media start-up. In September, ByteDance gained an online payment license by […]
Shopify partnered with the central Chinese digital wallet platform Alipay to expand its payment options for merchants in the United States. The new partnership aims to allow Shopify merchants to accept payments through Alipay from China’s more than one billion annual active users. The hope is to expand this partnership […]
For overseas brands selling to China during the 11.11 Global Shopping Festival, the bonded warehouse operated by Alibaba’s logistics arm Cainiao is a crucial facility to transport products to minimize delivery times. Over 30 bonded warehouses across China will process overseas products and clear customs in seconds. Take a look […]
Can cloud kitchens take off in India? Swiggy, one of the country’s largest food delivery startups, is betting on it. The Prosus Ventures-backed startup said on Wednesday it has established 1,000 cloud kitchens for its restaurant partners in the country — more than any of its local rivals. The Bangalore-headquartered firm said […]
Imagine skipping hotel check-in and walking straight to your room with a scan of your face. This could soon become a reality at many hotels in China and around the world. CNBC’s Uptin Saiidi experiences what the hotel of the future may look like and Alibaba’s ambitious plans for the […]
This cashierless store in China has no cashiers or cash registers. Using a camera network powered by 5G, customers simply scan a code in the entrance, take what they need, and then walk out.