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Megvii

Megvii Files to List on China’s ‘Star Market’ Exchange

January 14, 2021

“The market’s aim is to foster the development of Chinese tech companies, allowing IPOs for companies in areas like AI, biotechnology, and clean energy.” Determined to go public, controversial China-based […]

Report: Huawei and Megvii Designed Facial Recognition System to Target Uighur Minorities

December 11, 2020

The Washington Post has obtained a report that indicates that Huawei and Megvii worked together to build a surveillance system that would identify members of China’s Uighur Muslim minority group. The […]

SenseTime Anticipates $750 Million in Revenue Despite U.S. Blacklisting

December 10, 2019

Chinese Artificial Intelligence startup SenseTime has reported that it expects revenue for the 2019 fiscal year to come in at $750 million, despite being one of a number of Chinese […]

Hong Kong Regulators Want More Info Before Megvii IPO Can Be Approved

November 27, 2019

Beijing-based facial recognition company Megvii has indeed pressed ahead with its push for a Q4 IPO in Hong Kong, but has reportedly run into a regulatory obstacle. Citing anonymous sources […]

Moscow Court Ruling May Open Door to Biometric Surveillance

November 11, 2019

The Savelovsky court of Moscow has ruled against the notion that the use of facial recognition cameras is in violation of the Russian Constitution with regards to the collection of […]

Taiwanese Minister Orders Investigation of Megvii Following US Blacklisting

October 17, 2019

Biometrics News – Facial Recognition Taiwanese Economic Minister Sheng Jong-chin has ordered an investigation into Chinese company Megvii Technology following its inclusion in a list of 28 Chinese entities that […]

Megvii Aiming for November IPO Despite Blacklisting: Report

October 16, 2019

“The blacklisting does not prevent companies from purchasing Megvii’s products and services, but it does prevent companies from selling to Megvii, which means that Megvii has been unable to buy […]

Facial Recognition Specialist Megvii Files for IPO: Reports

August 26, 2019

Amid political turmoil and controversy over biometric facial recognition, Hong Kong-based Megvii has filed for an IPO aimed at a $500 million target. Citing anonymous sources, Reuters reports that Megvii’s […]

Human Rights Watch Clears Megvii in Investigation of Biometric Surveillance App

June 10, 2019

Megvii has been exonerated in an investigation into human rights violations in China. The New York-based Human Rights Watch previously uncovered Megvii code in a government surveillance app being used […]

Megvii Raises Millions from State, Foreign Banks Amid Human Rights Watch Controversy Over Biometric Surveillance

May 10, 2019

Hong Kong-based AI specialist Megvii has raised $750 million through its latest funding round, the company has announced. The news comes after Megvii raised $600 million in an investment round […]

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EXCLUSIVE MEMBERS ONLY CONTENT:

Become a FindBiometrics Member and gain easy access to specialty content, including the ID Tech column, replays of virtual events, and Identity School educational checklists:

ID TECH: What Role Will Biometrics Play in the Cyber Cold War? We’re About to Find Out [NEW]

Identity School: Facial Recognition Cheat Sheet

REPLAY: Travel & Hospitality Virtual Identity Summit

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Onfido logo

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With its secunet border gears product portfolio and specialised consulting expertise, secunet supports police forces and security authorities in their sovereign tasks. Whether ABC gates, self-service kiosks or biometric middleware – each component helps to strengthen identity protection and to accelerate verification – in mobile and stationary scenarios.

Mobile ID World Logo

Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs.

Recent Posts

  • Web3 Gets Its First Smartphone, Featuring Biometric Authentication
  • Vivo X80 Pro Stands Out With Extra-large In-display Sensor
  • Apple Seeks to Kill Both the Password and the CAPTCHA With New Authentication Solutions
  • American Airlines Looks to Selfie Biometrics for Passenger Processing
  • VAIO Installs Fingerprint Sensors in New FE Laptops

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