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Unitree Robotics
Hangzhou Yushu Technology Co., Ltd. ( zh, s=杭州宇树科技有限公司, labels=no), trade name, doing business as Unitree Robotics, is a Chinese robotics company based in Hangzhou, China. It specializes in quadruped robots aimed on individual consumers. The company was founded by Wang Xingxing in May 2016. History In 2013, Wang Xingxing developed quadrupeds during his postgraduate studies at Shanghai University. His first quadruped device, XDog, was developed in 2016 for his master's thesis. The robotic dog became an Internet sensation which attracted buyers and investors. After Wang started to work at the Chinese company DJI, he decided to resign and start his own company, Unitree. In 2021, Unitree released Unitree Go1, a quadruped robot similar to Boston Dynamics' Spot. It is fitted with twelve motors; each can generate a maximum torque of and can spin at speeds of up to 30 radian per second, rad/s (about ). According to an article by ''The Wall Street Journal'', the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South China Morning Post
The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remained Hong Kong's newspaper of record since British colonial rule. Editor-in-chief Tammy Tam succeeded Wang Xiangwei in 2016. The ''SCMP'' prints paper editions in Hong Kong and operates an online news website that is blocked in mainland China. The newspaper's circulation has been relatively stable for years—the average daily circulation stood at 100,000 in 2016. In a 2019 survey by the Chinese University of Hong Kong, the ''SCMP'' was regarded relatively as the most credible paid newspaper in Hong Kong. The ''SCMP'' was owned by Rupert Murdoch's News Corporation from 1986 until it was acquired by Malaysian real estate tycoon Robert Kuok in 1993. On 5 April 2016, Alibaba Group acquired the media properties of the SCMP Group, including ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HongShan
HongShan Capital Group (HSG; ) is a Chinese venture capital firm founded in 2005. It was previously the China investment arm of Sequoia Capital (Sequoia) and was known as Sequoia Capital China and Sequoia China before it was rebranded and spun-off as an separate entity. HongShan is headquartered in Hong Kong, with additional offices in Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ..., Shanghai, London, Singapore, and Shenzhen. HongShan has expanded its focus over the years beyond early-stage investing to also cover growth stage, infrastructure, healthcare and consumer, and buyout funds. The firm manages around $56 billion in assets. Background Sequoia China (2005 to 2023) In 2005, Neil Shen and Zhang Fan co-founded Sequoia China with under the guidance of Sequoia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovation, innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed money, seed rounds are the initial stages of funding for a startup company, typically occurring earl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Military-civil Fusion
Military-civil fusion (, MCF) or civil-military fusion is a strategy and policy of the Chinese Communist Party (CCP) with the stated goal of developing its People's Liberation Army (PLA) into a world-class military. Military-civil fusion is a priority for the Xi Jinping Administration, Xi Jinping administration and is coordinated by the Central Military-Civil Fusion Development Committee of the Central Committee of the Chinese Communist Party. Background The institutional foundations of PLA's weapon development and research are copied from the Soviet Union, where state-owned factories and companies develop and manufacture equipment based on a top-down command approach. Other major weaknesses include monopoly in the defense industry held by state-owned companies, bureaucratic inefficacy, corruption, lack of innovation, outdated pricing and contracting process. Chinese State-owned enterprise, state-owned defense corporations are inclined toward the preservation of their state-sa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Liberation Army
The People's Liberation Army (PLA) is the military of the Chinese Communist Party (CCP) and the People's Republic of China (PRC). It consists of four Military branch, services—People's Liberation Army Ground Force, Ground Force, People's Liberation Army Navy, Navy, People's Liberation Army Air Force, Air Force, and People's Liberation Army Rocket Force, Rocket Force—and four arms—People's Liberation Army Aerospace Force, Aerospace Force, People's Liberation Army Cyberspace Force, Cyberspace Force, People's Liberation Army Information Support Force, Information Support Force, and People's Liberation Army Joint Logistics Support Force, Joint Logistics Support Force. It is led by the Central Military Commission (China), Central Military Commission (CMC) with its Chairman of the Central Military Commission (China), chairman as Supreme Military Command of the People's Republic of China, commander-in-chief. The PLA can trace its origins during the Republic of China (1912– ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Defense
The United States Department of Defense (DoD, USDOD, or DOD) is an United States federal executive departments, executive department of the federal government of the United States, U.S. federal government charged with coordinating and supervising the six U.S. armed services: the United States Army, Army, United States Navy, Navy, United States Marine Corps, Marines, United States Air Force, Air Force, United States Space Force, Space Force, the United States Coast Guard, Coast Guard for some purposes, and related functions and agencies. As of November 2022, the department has over 1.4 million active-duty uniformed personnel in the six armed services. It also supervises over 778,000 National Guard (United States), National Guard and reservist personnel, and over 747,000 civilians, bringing the total to over 2.91 million employees. Headquartered at the Pentagon in Arlington County, Virginia, just outside Washington, D.C., the Department of Defense's stated mission is "to provid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Commerce
The United States Department of Commerce (DOC) is an executive department of the U.S. federal government. It is responsible for gathering data for business and governmental decision making, establishing industrial standards, catalyzing economic development, promoting foreign direct investment, and safeguarding national economic security. The Department of Commerce is one of four federal agencies authorized to appoint personnel in the United States Foreign Service, and its NOAA Corps — formerly the Coast and Geodetic Survey Corps — is one of the eight branches of the uniformed services of the United States. During a large-scale disaster or catastrophe, it assumes the coordinating responsibilities for the economic recovery support function under the national disaster recovery framework. Since 2023, it has led U.S. government activities related to safe artificial intelligence development and, from 1913 to 1939, it managed the National Aquarium. The department is head ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Communications Commission
The Federal Communications Commission (FCC) is an independent agency of the United States government that regulates communications by radio, television, wire, internet, wi-fi, satellite, and cable across the United States. The FCC maintains jurisdiction over the areas of broadband access, fair competition, radio frequency use, media responsibility, public safety, and homeland security. The FCC was established pursuant to the Communications Act of 1934 to replace the radio regulation functions of the previous Federal Radio Commission. The FCC took over wire communication regulation from the Interstate Commerce Commission. The FCC's mandated jurisdiction covers the 50 states, the District of Columbia, and the territories of the United States. The FCC also provides varied degrees of cooperation, oversight, and leadership for similar communications bodies in other countries in North America. The FCC is funded entirely by regulatory fees. It has an estimated fiscal-2022 budg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States House Select Committee On Strategic Competition Between The United States And The Chinese Communist Party
The United States House Select Committee on Strategic Competition between the United States and the Chinese Communist Party is a committee of the United States House of Representatives established in the 118th Congress, on January 10, 2023. The committee focuses on American economic and security competition with the People's Republic of China, which is ruled by the Chinese Communist Party (CCP). The committee is chaired by Representative John Moolenaar of Michigan, a member of the Republican Party. History Republicans in Congress tried to introduce a proposal for a committee dedicated to China near the end of the 116th Congress in 2021, abandoning the effort when negotiations between the Republican minority and then-Speaker Nancy Pelosi faltered. A Republican-led China Task Force later emerged under Foreign Affairs Committee ranking member Michael McCaul which, though partisan in nature, introduced hundreds of policy proposals with often robust bipartisan support. It also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Axios (website)
''Axios'' (styled ΛXIOS in the logo) is an American news website based in Arlington, Virginia. It was founded in 2016 and launched the following year by former ''Politico'' journalists Jim VandeHei, Mike Allen, and Roy Schwartz. The site's name is based on the (), meaning "worthy of". ''Axios'' articles are often brief to facilitate quick reading; most are shorter than 300 words and use bullet points. In addition to news articles, ''Axios'' produces daily and weekly industry-specific newsletters (including Allen's ''Axios AM'', a successor to his newsletter '' Politico Playbook'' for ''Politico''), and two daily podcasts. On September 1, 2022, Cox Enterprises completed its acquisition of ''Axios''. History VandeHei said he wanted ''Axios'' to be a "mix between ''The Economist'' and Twitter". The company initially covered a mix of business, politics, technology, health care, and media. VandeHei said ''Axios'' would focus on the "collision between tech and areas such as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
