February 2025 - ChineseWire

WednesdayFeb 26, 2025 10:00 am

Speculation Runs High on the Future Ownership of TikTok in the US as Deadline Looms

With TikTok’s future ownership in the United States still uncertain after the Trump administration granted the app another lifeline, speculation over who will ultimately control TikTok USA is running high. The app has frequently been accused of acting against American national interests due to its aggressive data collection practices, even though it is privately owned by the Chinese firm ByteDance. Despite potential national security concerns, TikTok remains immensely popular in the U.S. and is the go-to social media platform for younger generations. Tens of millions of people across the country are waiting to see who will take ownership of TikTok…

MondayFeb 24, 2025 10:00 am

Insurers Turn to AI to Help Attract Young Clients, Transform Systems

An increasing number of insurance firms are relying on digitization to attract Generation Z and young millennial clients. According to Digital Insurance, the recent proliferation of artificial intelligence (AI) has provided insurers with highly effective AI-powered tools for attracting young clients and transforming insurance systems. Digital Insurance polled around 120 leaders and staff at insurance agencies, carriers, and tech companies on the trends to watch out for in 2025 and published the results in a January 2025 report. Respondents were asked questions about potential changes in technology spending budgets, the macroeconomic factors that could affect the insurance industry’s growth in…

WednesdayFeb 19, 2025 10:00 am

Why e-Commerce Companies Should Invest in App Development

Every e-commerce company worth its salt should consider investing in app development in 2025. For companies that use the internet to conduct most of their critical operations, a mobile app is one of the best ways to ensure they have a constant line of communication with their consumers. A robust digital presence will help your e-commerce business boost customer engagement and loyalty, build trust, and maximize growth. One of the key aspects of establishing a strong online presence involves developing high-quality mobile apps to ensure customers can access all your online marketplaces and social media accounts easily and conveniently. With…

TuesdayFeb 18, 2025 10:00 am

Here’s Why California is Being Muscled Out by Non-US TV, Movie Production Houses

California has lost an alarming amount of TV and movie productions to non-American production houses in recent years. The state has dominated the entertainment industry for over five decades and is home to a vast portion of the segment’s soundstages, but the UK has begun eating into California’s market at higher rates. The coronavirus pandemic coupled with industry strikes and surging competition from a growing list of increasingly popular shooting locations are now threatening Los Angeles’ position as the nexus of world entertainment. Data from CoStar News and industry tracking service ProdPro indicates that five of the top locations where…

WednesdayFeb 12, 2025 10:00 am

PBC Data Shows Foreigners Had Improved Mobile Payment Experiences During the Spring Festival

Data from the People’s Bank of China has revealed that the travel environment in China was smoother and much more convenient for foreigners during the just-concluded Spring Festival thanks to improved mobile payment services. The data shows a significant surge in transaction volumes by international travelers during the 2025 Chinese New Year compared to the 2024 holiday. There was a notable increase in foreign visitors as well as payment transactions in the 2025 Spring Festival compared to the previous year’s festival, Chinese foreign ministry spokesperson Lin Jian said, with inbound arrivals seeing a 150% year-over-year increase. According to the People’s…

MondayFeb 10, 2025 10:00 am

EU Targets Temu, Shein in Crackdown on Unsafe e-Commerce Products

The European Commission has announced that it will hold Shein and Temu liable for the unsafe products sold on their virtual e-commerce platforms. European regulators are cracking down on cheap, unsafe, and often dangerous e-commerce imports amidst a surge of low-value products flooding the European Union. According to the Commission, it will conduct a joint investigation with the Consumer Protection Cooperation Network of national consumer authorities into Chinese fast-fashion retailer Shein to confirm suspicions of the retailer infringing consumer protection policies in the EU. The move comes just days after the U.S. government got rid of a trade provision that…

WednesdayFeb 05, 2025 10:00 am

Experts Explain How Online Dating Has Evolved, How to Cope

Online dating has come quite a long way from the early internet chatrooms that allowed people to connect with folks outside their usual circles. But although millions of people worldwide have made meaningful connections via platforms like Match.com, Tinder, and Bumble, dating sites have become increasingly frustrating to use for people seeking meaningful connections. Dating experts have weighed in on how people can cope with the constantly evolving online dating space. ‘A Little Nudge’ founder and online dating expert Erika Ettin acknowledges that online dating has become a lot more challenging in recent years amidst ghosting, communication issues, seemingly overwhelming…

MondayFeb 03, 2025 10:00 am

How Technology Can Help to Transform the Insurance Industry

Recent technological advancements have spurred a major transformation in the modern insurance industry. The centuries-old sector has adopted technology at such a rapid rate that digital solutions now play a key role in everything from life insurance to casualty and property insurance, putting technology at the core of nearly every insurance business. The software has become a key cog in the operations of the insurance industry, enabling companies to manage customer data, assess risk, meet regulatory demands, and execute a plethora of other insurance-related functions effectively. With some of the industry’s top players insuring tens to hundreds of millions of…

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Month: February 2025