Megvii pushes ahead with IPO plans as biometrics market grapples with ban fallout
The potential blockbuster initial public offering of biometric facial recognition unicorn Megvii is still being planned for early November, despite…
Megvii
Taiwan to investigate biometrics company Megvii following U.S. blacklisting
After Chinese biometrics company Megvii was blacklisted by the U.S. government last week, Taiwan Economics Minister Sheng Jong-chin announced at…
Goldman Sachs reconsiders support of Megvii IPO, MIT reevaluates SenseTime link
Megvii IPO sponsor Goldman Sachs Group has decided to reconsider its role in the biometrics unicorn’s initial public offering, after…
U.S. drops Entity List hammer on Chinese facial recognition unicorns and biometrics providers
The U.S. Government has added 28 organizations to its Entity List, banning major biometrics companies including Dahua, Hikvision, iFlytek, Megvii,…
Biometrics stocks update: Zwipe explores new listing, Ambarella earnings, Megvii IPO
Biometrics companies which are publicly traded or planning to soon be are experiencing the uncertainty of the developing smart cards…
Business and development opportunities top this week’s biometrics and digital ID news
During a week of mostly good news for the biometrics industry, top stories on Biometric Update broadly follow themes of…
Megvii commits to guard against weaponization of facial recognition technology
As controversial debates and protests against the ethical use of facial recognition technology in daily operations increase around the world,…
Megvii to file for Hong Kong IPO despite protests and facial recognition controversy
Biometrics unicorn and Face++ maker Megvii is about to file for its initial public offering on the Hong Kong Stock…
Megvii and ams partner to bring 3D facial biometrics to any smart device
Austria-based sensor specialist ams AG has formed a joint development partnership with Megvii to work on plug-and-play solutions for 3D…
Megvii cleared of supplying biometrics for Chinese surveillance app but may still delay IPO
Biometric facial recognition technology from Megvii’s Face++ was not in fact used in the Integrated Joint Operations Platform (IJOP) used…
