Date
13 December 2017

Ben Ng

EJ Insight writer
  • 'Smart cities' need to devise a robust cybersecurity strategy to protect critical infrastructure, says Fortinet's Alvin Rodrigues. Photos: Reuters, Alvin Rodrigues

    Security challenges in smart-city development: An expert view

    - Dec 8, 2017 10:00am
    In her policy address in October, Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor pledged new initiatives to spur innovation and technology development. Among the various proposals, she announced an HK$700 million investment in several projects...
  • Jorn Lyseggen has expressed disappointment that AI is being packaged as a marketing tool. Photo: Meltwater

    How AI and analytics are driving change in businesses

    - Dec 5, 2017 12:09pm
    Meet Meltwater, the media intelligence company that provides media monitoring and social media monitoring to help companies grow and build their brand. Starting with US$15,000 in 2002, Jorn Lyseggen built a version of Google Alerts before...
  • China will face some challenges if it wants to take its AI industry overseas, according to Norwegian serial entrepreneur Jorn Lyseggen. Photo: Meltwater

    China must tackle ‘trust issue’ to expand AI footprint: expert

    - Dec 5, 2017 11:56am
    China is making significant strides and closing the gap with the United States in artificial intelligence development, but it won’t be easy for the nation to build the industry footprint overseas, according to a prominent Norwegian...
  • Set up by three insurance professionals, 10Life helps users by providing relevant information from understanding insurance policies and filing claims to making product analyses and scores. Photo: HKEJ

    Meet 10Life, a startup that decodes insurance

    - Nov 14, 2017 11:20am
      A Hong Kong-based startup founded by experienced actuaries and insurance experts aims to decode complex insurance products into unbiased, easy to understand scores and rankings. Set up last year by three insurance professionals, 10Life helps...
  • Brooks Entwistle says Uber is looking into opportunities including payments and bike-sharing. Photo: Bloomberg

    Uber’s new Asia chief wants to work with govts and taxi firms

    - Nov 13, 2017 6:07pm
    Brooks Entwistle, who joined Uber as its chief business officer for Asia Pacific in August 2017, recently had an interview with TechCrunch. He revealed the company’s shift in strategy to partner with its former nemeses —...
  • Uber CEO Dara Khosrowshahi said the company's listing plans will have no bearing on the SoftBank negotiations. Photo: Bloomberg

    CEO Khosrowshahi says he wants Uber to go public by 2019

    - Nov 10, 2017 5:53pm
    Uber CEO Dara Khosrowshahi says he aims to launch the initial public offering of the car-sharing service by 2019, with the backing of co-founder Travis Kalanick and the board. Speaking at the New York Times’ DealBook conference...
  • Amazon founder Jeff Bezos. AWS continues its dominance of the infrastructure-as-a-service market in the most recent quarter. Photo: Reuters

    Cloud market growth tops 40%; Amazon still surging

    - Nov 1, 2017 4:02pm
    As a trio of major tech companies released their quarterly earnings reports, tech behemoths Amazon, Google and Microsoft again managed to impress Wall Street. In particular, Amazon’s cloud computing arm, AWS, continues its dominance of the...
  • TNG Wallet chief executive and founder Alex Kong says the company's Hong Kong listing plan hinges on the New Board proposed by Hong Kong Exchanges and Clearing.  Photo: HKEJ

    Hongkongers snubbing local startups, says TNG founder

    - Nov 1, 2017 9:24am
    TNG Wallet, a local e-payment startup, has recorded rapid growth since its launch in November 2015. However, chief executive and founder Alex Kong said Hongkongers are snubbing local startups. In September, TNG FinTech Group announced the completion...
  • TNG Wallet chief executive and founder Alex Kong created the e-wallet platform where more than 600,000 users in 13 countries and territories transfer and store money instantly. Photo: HKEJ

    TNG Wallet targets regional expansion

    - Oct 31, 2017 3:43pm
    There is a common belief that Hong Kong, despite its role as a top international financial center, is lagging far behind mainland China, Singapore and other major markets when it comes to cashless payment systems. But...
  • Uber has partnered with Barclays on a new Visa card, which will be available from next month in the United States. Photo: Uber

    Uber now offers a credit card

    - Oct 26, 2017 4:29pm
    Uber has transformed the way you get around. Now it is getting into the credit card business. The ride-sharing company announced it has partnered with Barclays Bank on a new Visa card, which will be available...
  • Airbnb has had a rocky experience in the China market, where local restrictions have slowed down the platform’s growth. Photo: Airbnb

    Airbnb’s China head exits after just four months

    - Oct 25, 2017 3:22pm
    The head of Airbnb’s China business has left the company after only four months in the position, Bloomberg reports. His departure reflects the struggle Airbnb faces in China, where foreign players are humbled by protectionist laws and...
  • Xi Jinping's speech at the Communist Party congress received several hundred million 'claps' from Chinese mobile phone game users. Photos: Tencent

    Tencent scores with mobile game on Xi speech

    - Oct 19, 2017 4:32pm
    A mobile game that encourages people to applaud the speech that Chinese leader Xi Jinping gave at the opening session of the Communist Party congress has proved to be a huge hit in China. The game,...
  • Apple's usual practice is to launch the new iPhones in September, start mass production in the fourth quarter and cut production in the first two quarters of the following year. Photo: Reuters

    Apple slashes iPhone 8 supplier orders by 50 percent: Report

    - Oct 19, 2017 4:27pm
    Apple has recently slashed orders for iPhone 8 and iPhone 8 Plus by about 50 percent for November and December, Taipei-based Economic Daily News reports, citing sources in Apple’s supply chain. This year is “quite rare”...
  • Netflix chief executive Reed Hastings said the company had higher-than-expected subscriber and revenue growth in the third quarter. Photo: Reuters

    Netflix plans to spend up to US$8 billion on content in 2018

    - Oct 18, 2017 3:35pm
    Netflix’s wagers on original programming and international expansion are paying off as the video streaming service posted higher-than-expected subscriber and revenue growth in an increasingly competitive market. In the past quarter, the company added 5.3 million...
  • Users of tbh anonymously answer kind-hearted multiple-choice questions about friends who then receive the poll results as compliments.The person is then told that he or she is given the compliment, but not by who. Photo: tbh

    Facebook acquires teen messaging app tbh

    - Oct 18, 2017 12:38pm
    Teens aren’t using Facebook like they used to, and Facebook knows that. So the social network giant has decided to acquire a company that is popular among teens, the positivity-focused polling startup tbh. Facebook will allow it...
  • Apple CEO Tim Cook says investors who are keen to know about a startup's exit strategy are in it for s quick killing and should be avoided. Photo: Bloomberg

    Which emerging technology excites Tim Cook the most?

    - Oct 16, 2017 3:35pm
    If you are an entrepreneur and you have a VC (venture capital) company steering you toward a quick exit to a tech giant like Apple or Google, “you should get up and walk out of the...
  • According to statistics, the top 10 live streaming broadcasters on the platform made 115 million yuan (US$17.2 million) last year. Photo: Reuters

    Momo rakes in millions with live streaming

    - Aug 25, 2017 2:14pm
    Chinese social network app developer Momo delivered a strong quarterly result early Tuesday, with a 214 percent year-on-year increase in revenue to US$312.2 million. After a reinvention of its business model, Momo has transformed from a...
  • There were nearly 70,000 newly installed robots in China in 2015, and UBS expects the number to reach 160,000 by 2019, more than the combined units in North America, Europe and Japan. Photo: UBS

    China expected to be a key AI player in five years: UBS

    - Aug 23, 2017 8:00am
    China is considered a laggard by the western world when it comes to artificial intelligence-based innovation. But actually the Chinese internet giants are “clearly ahead of their Asian counterparts and narrowing the gap with US counterparts...
  • Chinese President Xi Jinping aims to connect his name with Xiongan New Area. Photo: Xinhua

    China’s new area unlikely to succeed in next 10 years: Analyst

    - Jun 9, 2017 2:00pm
    At the direction of President Xi Jinping, Xiongan New Area has been lauded by the state media as a demonstration for a new model of urban development. However, given all kinds of difficulties ahead, it will...
  • Clusters of new residential blocks in Anxin stands mostly empty after the local government's ban on property construction. Photo: HKEJ

    Speculators circle city of the future

    - Jun 8, 2017 12:42pm
    In a remote county on the north China plain, two hours’ drive southwest of Beijing, is Xiongan New Area. China announced its establishment on April 1. Hyped as an innovation-driven heir to Shenzhen, but inside the...

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