Date
20 April 2019

BUSINESS

  • Amazon is shutting its online store in China that allows shoppers to buy from domestic sellers, scaling back operations in the world’s most populous nation. An Amazon spokeswoman told Reuters on Thursday that the company is...
  • Third-party sales have grown to 58 percent of the total last year from just 3 percent in 1999, Amazon.com founder and chief executive Jeff Bezos highlighted in his 2018 letter to shareholders. In my opinion, that’s part...
  • Apple and Qualcomm have settled their two-year legal battle in relation to patent and licensing issues, with the firms announcing on Tuesday that they agreed to drop all lawsuits against each other. Under the deal, the...
  • Samsung’s new Galaxy Fold, a splashy US$1,980 phone that opens into a tablet, is malfunctioning for some journalist reviewers after only a day or two of use, according to posts on social media on Wednesday. The...
  • US Federal Communications Commission chairman Ajit Pai said on Wednesday that he opposes China Mobile’s bid to provide US telecommunications services in view of the potential national security risks, Reuters reports. “It is clear that China...
  • The European Parliament voted to fine firms like Facebook, Google and Twitter up to 4 percent of their turnover if they persistently fail to remove extremist content within one hour of being asked to do so...
  • Apple has held talks with at least four companies as possible suppliers for next-generation lidar sensors in self-driving cars, evaluating the companies’ technology while also still working on its own lidar unit, Reuters reports, citing people...
  • Pinterest Inc raised around US$1.4 billion in its initial public offering (IPO), fetching a roughly US$12.66 billion valuation, above its expectations, Reuters reports. Pinterest, the online scrapbook where users save ideas for clothes, décor and recipes,...
  • The real economy

    - Apr 17, 2019 6:33pm
    The Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area has mentioned the term “real economy”, but hasn’t bothered to explain the term. Over the years, mainland media have often drawn a distinction between businesses...
  • Someone advised me to bring some snacks on my flight to Toronto last week. “Come on, I’m taking Cathay Pacific, not Hong Kong Express,” I replied, dismissing his friendly reminder. I was terribly wrong. When I woke...

WORLD

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