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SHANGHAI, Dec. 4, 2020 /PRNewswire/ -- On November 24, Full Truck Alliance, an intelligent transportation platform in China, announced it secured $US1.7 billion in the latest round of funding to expand its freight business from inter-city to intra-city and branded the service as Yunmanman. In June 2019, Tianjin Manyun Software Technology Co., Ltd., a subsidiary of the Full Truck Alliance Group, increased its investment in Guangzhou SS Return Truck Infotech Co., Ltd., brand owner of SS Return Truck (also known as "ShengSheng Huitouche"). In August 2020, 100 percent of SS Return Truck's shares were transferred to Tianjin Manyun Software Technology Co., Ltd. SS Return Truck mainly provides customers with intra and inter-city pickup, delivery, housing relocation and other short-to-medium-haul freight hauling services. With the acquisition of this brand, its founding operation team, network resources, and intra-city business will be integrated into the Yunmanman brand, enabling Full Truck Alliance to expand into the intra-city freight business. At present, Full Truck Alliance has piloted its intra-city freight service in two cities. Its daily orders have exploded since its launch two months ago, which exceeds four digits on a daily basis; and average order feedback time is as short as only nine seconds while
Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to attend a court hearing in Vancouver, British Columbia, Canada November 16, 2020. Jennifer Gaulthier | Reuters GUANGZHOU, China — The U.S. government is in talks with Huawei's chief finance officer, Meng Wanzhou, about a deal that could see her released back to China from Canada if she admits wrongdoing in the case against her, the Wall Street Journal reported, citing people familiar with the matter. Lawyers for Meng have spoken to officials at the U.S. Department of Justice in recent weeks about entering a so-called deferred prosecution agreement, the WSJ said. More discussions are scheduled for this week with the aim of striking a deal before the end of the Trump administration, the report added. The Department of Justice was not immediately available for comment when contacted by CNBC. Huawei declined to comment on the WSJ report. Meng was arrested in Vancouver, Canada in December 2018. The U.S. charged Meng and Huawei with bank and wire fraud in violation of American sanctions on Iran and has been seeking her extradition. The U.S. alleges that Meng lied
SINGAPORE — Self-driving cars without human drivers as a back-up are now being tested in China's Shenzhen city, according to AutoX, a Chinese autonomous car technology firm. The Alibaba-backed company said Thursday that this is the first time a "completely autonomous fleet," that has no accompanying human drivers or remote operators, is on the roads in China. Multiple so-called "robotaxi" projects have been launched in Chinese cities, but these vehicles still have a driver who can take over in emergencies or someone who can operate the car remotely. AutoX's driverless vehicles Courtesy of AutoX Driverless "stress tests" to see how the vehicle performs in various road situations were conducted over the past six months, the company said in the press release. Jewel Li, the firm's chief operating officer, told CNBC that more than 100 robotaxis are being tested across Chinese cities, with 25 fully autonomous vehicles in Shenzhen. To be clear, AutoX's completely driverless robotaxis are not open to the general public yet. They are only available to employees and private guests, such as media, business partners, investors and auto-makers, according to CEO Jianxiong Xiao.
SAINTES, FRANCE (AFP) - A retired French surgeon has been sentenced to 15 years in jail at the end of his closed-doors trial for the rape and sexual abuse of four children in the first part of France's biggest ever paedophilia case. Joel Le Scouarnec, 70, remained impassive as the verdict was read out on Thursday (Dec 3) at the court in Saintes, western France, keeping his arms crossed without a glance at his victims, who embraced each other, overcome with emotion. Le Scouarnec, who could have faced 20 years behind bars after being found guilty on all charges, will also be subject to a three-year supervision order at the end of his sentence. He has 10 days to appeal. Judge Isabelle Fachaux said that despite a 2005 conviction for viewing child pornography, Le Scouarnec had continued to offend, making a lengthy jail term necessary. "We are really satisfied... it's a fair sentence," said Ms Francesca Satta, the lawyer for one of the victims, who had reported Le Scouarnec in 2017. In his final words to the court, Le Scouarnec said he did not expect leniency, according to lawyers present at the trial, which was
Collaboratively establishes research center for technological breakthrough discovery worksHSINCHU, Taiwan, Dec. 4, 2020 /PRNewswire/ -- Blockchain tech startup company Maxonrow and