ByteDance founder Zhang Yiming becomes China’s richest person with a wealth of $49.3 billion, surpassing Zhong Shanshan whose fortune dropped to $47.9 billion. Tencent’s Pony Ma is third, and Alibaba’s Jack Ma saw a decline in his wealth. Hurun China Report cites economic challenges affecting real estate while consumer electronics experience growth.
Read MoreThe Centre has notified new Biological Diversity Rules to implement amended laws that fast-track research, support Indian traditional medicine, attract foreign investment, and exempt certain practitioners from benefit-sharing fees. The new rules, which take effect in two months, also replace imprisonment with substantial fines for violations.
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Read MoreGoogle’s upcoming Pixel 10 and 11 phones are poised for notable camera upgrades, featuring 4K 60fps HDR recording, AI-powered video editing, and advanced low-light capabilities. The Pixel 11 will enhance zoom functionality and introduce new AI tools, while health monitoring features are also set to improve with an on-device ‘nanoTPU’ chip.
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