Date
24 January 2018

BUSINESS

  • Coinbase, one of the largest platforms for buying and selling cryptocurrencies, has made US$1 billion in revenue last year, technology news website Recode reports, citing industry sources. The San Francisco-based virtual currency broker was only expected...
  • Alphabet Inc.’s Google has introduced audiobooks to its online store, making its smart speakers and virtual assistant more competitive with Amazon.com Inc.’s Echo devices and Alexa voice assistant, Reuters reports. Listening to audiobooks is among the...
  • Apple will start taking online orders for its HomePod smart speaker on Friday in the United States, United Kingdom and Australia, with the release date set for February 9. The voice-controlled speaker, unveiled in June last...
  • Facebook Inc. is buying a software firm that specializes in authenticating government-issued identification cards, a step that may help the social media company learn more about the people who buy ads on its network, Reuters reports....
  • Tesla Inc.’s chief executive officer Elon Musk could earn as much as US$55.8 billion in company stock and own more than a quarter of the electric car firm in the next decade if he hits all...
  • The US Senate confirmed Federal Reserve governor Jerome Powell as the next head of the central bank, succeeding Janet Yellen, a move likely to provide continuity in US monetary policy with the economy growing now for...
  • Facebook will make it easier for its more than 2 billion users to manage their own data in response to a tough new European Union law that comes into force in May, Reuters reports, citing the...
  • Facebook has launched a new unit of time called “flick”. The virtual reality division of the social media giant created the unit, which is equivalent to precisely one 705,600,000th of a second, CNBC reports. It will...
  • In March 2010, Google shut down its Chinese search engine and began redirecting traffic to its web servers in Hong Kong following a standoff with Chinese authorities over Internet censorship. Nearly eight years after that move,...
  • Facebook’s lead liaison with Beijing, Wang-Li Moser, has left the company, complicating the social network’s effort to get a foothold in China’s huge internet market, according to reports. Moser, whose duties included setting up and presiding over negotiations...

HONG KONG

WORLD

  • Born in Beijing in 1980, Sam Chui migrated to Hong Kong with his parents in the mid-’80s. As a teenager, Chui often visited Kai Tak Airport, where watching planes land and take off fueled his passion...
  • Being accused of falsifying data is a big taboo for Chinese government cadres. Yet, three provinces — Liaoning, Jilin and Heilongjiang– recently admitted that they’ve been falsifying GDP data for a long time. What happened is...
  • The US Congress voted to end a three-day government shutdown, approving another short-term funding bill as Democrats accepted promises from Republicans for a broad debate later on the future of young illegal immigrants. The fourth temporary...
  • The People’s Daily, the official newspaper of the Communist Party of China, said on Monday US moves in the South China Sea like last week’s freedom of navigation operation will only cause China to strengthen its...
  • There is an old English saying “Curiosity killed the cat”, referring to the potential dangers of unnecessary investigation or experimentation. Hong Kong parents have taken this as a golden rule, and they try everything to prevent...

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