Citrix, a cloud computing and virtualization technology company, and Radware, a provider of cybersecurity and application delivery products, have downsized their teams in China considerably and may even exit the market entirely.
Zhou Hongyi, the co-founder and CEO of 360 Security Technology, a cybersecurity firm, recently divorced his wife after more than 20 years of marriage. As part of the divorce settlement, Zhou's ex-wife received a 6.25% stake in the company valued at 8.967 billion yuan ($1.3 billion).
The United States Congress recently held a hearing on TikTok after a three-year hiatus, revisiting concerns over the app's ownership by ByteDance and the possibility of separating it from the Chinese parent company or outright banning it in the US.
Long Lu, Chief Scientist at NIO, issued a statement on December 20 confirming the recent theft of user data and the extortion of $2.25 million in bitcoin. In the evening, William Li, the founder, chairman and CEO of the firm, apologized for the incident.
Some data linked to users' personal privacy of Chinese new energy vehicle maker NIO was stolen by criminal gangs. Regarding this, Long Lu, the Global Head of Digital Safety & Security at NIO, issued a statement on December 20 and confirmed the incident.
Solidrocks Technology, a security company based in Ningbo, has recently received investment from Sequoia Capital China. The company's previous angel-round financing attracted participation from Plum Ventures and Weed Ventures Capital.
BYD Semiconductor, a BYD subsidiary that is preparing IPO, announced on October 14 that it has created a smart surveillance camera that can be used in multiple scenarios and has a wide range of functions.
SenseTime, an AI company that listed on the Hong Kong Stock Exchange at the end of last year, has recently adjusted its core business unit related to smart cities and security technology, shrinking the division's team size by over 20%.
On August 16, Chinese data security startup CyberServal announced its completion of round-A financing, garnering tens of millions of yuan.
The Solana ecosystem has experienced a crypto exploit, with users reporting that their funds have been drained without their knowledge across a number of Solana-based hot wallets, including Phantom, Slope and Trust Wallet.
Zhou Hongyi, the co-founder of Chinese internet security firm Qihoo 360 Technology accused Microsoft of plagiarism at the 10th Internet Security Conference (ISC 2022) on July 30.
On July 4, Ant Group announced that it has officially open-sourced a trusted privacy computing framework for global developers called "Secret Flow."
According to security agency PeckShield, NFT lending protocol XCarnival was hacked on June 26, and the perpetrator made a profit of 3,087 Ethereum – about $3.8 million.
Chinese ride-hailing platform Didi's internal project "Honghu" has now developed at least 50 driver-side apps and has connected to nearly 90 online ride-hailing companies.
On Thursday, Solidrocks Technology, a security company in China, announced that it completed an angel investing round worth of 10 million yuan. The deal was jointly invested by Plum Ventures and Weed Ventures Capital.
Didi Global, a leading ride-hailing platform in China, announced on April 16 that it will hold a special shareholders meeting at 19:00 on May 23 to vote on a voluntary delisting from the New York Stock Exchange (NYSE).
Reports surfaced Monday suggesting that Chinese internet security firm Qihoo 360 has recently laid off employees from several departments in a disguised manner.
Security threat intelligence company ThreatBook had completed an E+ round of financing worth more than 300 million yuan ($47.1 million). The deal was led by CDH Investment and followed by existing shareholder Star Road Ventures.
The Cyberspace Administration of China on Friday informed executives of ride-hailing giant Didi Chuxing that its proposals to ensure security and prevent data leaks had fallen short of rectification requirements.
Shenzhen-based ChinaLin Securities announced on Monday that the company signed a purchase agreement of "Dolphin Stock" with ByteDance.