Date
24 January 2019

Industries

  • In the Xiaomi prototype, the two sides can be folded back, making it a regular-sized phone with screens on both the back and the front. Photo: Lin Bin/Weibo

    Will foldable screens convince smartphone users to upgrade?

    - Jan 24, 2019 1:02pm
    Global smartphone shipments have been slowing since last year as many of the latest models have failed to convince consumers to upgrade. This year, however, the market may see some signs of recovery as smartphone makers...
  • Boeing's Autonomous Passenger Air Vehicle prototype is shown during an inaugural test flight in Virginia in the United States on Jan. 22. Photo: Handout via Reuters

    Boeing flying car prototype completes maiden test flight

    Jan 24, 2019 9:43am
    Boeing announced Wednesday that its flying car prototype completed its first test flight, helping the firm move ahead on a project aimed at on-demand autonomous air transportation. The 30-foot-long aircraft – part helicopter, part drone and...
  • Huawei chief financial officer Meng Wanzhou is under house arrest in Canada at the request of the United States over alleged violations of US sanctions on Iran. Photo: AFP

    Canada envoy says Huawei’s Meng has strong case vs extradition

    Jan 24, 2019 7:42am
    A top executive from Huawei Technologies Co. Ltd being held in Canada can make “strong arguments” against extradition to the United States, in part due to President Donald Trump’s politicization of the case, Canada’s ambassador to...
  • Baidu was accused of placing low-quality pieces from its Baijiahao service toward the top of its search results, hoping to turn users' search for content into traffic for itself. Photo: Bloomberg

    Baidu pledges to improve search service after complaint

    Jan 23, 2019 4:35pm
    China’s top search engine Baidu Inc. on Wednesday pledged to improve its media aggregating service after a complaint about the quality of the service and its search results went viral on social media, helping send its...
  • Attendees pass by a Huawei booth during the CES trade show in Las Vegas earlier this month. The Chinese firm has boosted its smartphone business significantly last year despite facing many challenges. Photo: Reuters

    Huawei wants one in four in Hong Kong to choose its phones

    - Jan 23, 2019 1:57pm
    It is somewhat perplexing, but definitely worth paying attention, as we hear claims that China’s Huawei may be selling one in every five mobile phones purchased in Hong Kong. That is right! The mainland tech giant...
  • ByteDance has acquired some of Smartisan's patent rights to explore business opportunities in the education sector. Photo: Reuters

    ByteDance steps into hardware business

    - Jan 23, 2019 12:08pm
    Beijing-based smartphone apps developer ByteDance enjoys a valuation of as much as US$75 billion, but one of its biggest issues is that it doesn’t have its own hardware to deliver content to users. This becomes all the...
  • A staff member walks through the hallway of Alibaba Group's futuristic FlyZoo hotel in Hangzhou on Tuesday. Photo: Reuters

    At Alibaba’s hotel, robots deliver towels and mix cocktails

    Jan 23, 2019 10:02am
    Gliding silently through Alibaba Group Holding Ltd.’s futuristic “FlyZoo” hotel, black disc-shaped robots about a meter in height deliver food and drop off fresh towels. The robots are part of a suite of high-tech tools that...
  • Tesla is said to have held talks with a Chinese firm as it seeks to diversify battery supply sources for its electric vehicles. Photo: Reuters

    Tesla holds battery supply talks with China’s Lishen: report

    Jan 23, 2019 9:21am
    Tesla has held talks with China’s Tianjin Lishen to supply batteries for the US electric carmaker’s upcoming Shanghai factory, Reuters reports. The two firms signed a preliminary agreement, the news agency said, citing people with knowledge...
  • Technology if not handled properly, can bring huge costs, as China's Pinduoduo has just discovered. Photo: Reuters

    The lesson from Pinduoduo’s discount voucher disaster

    - Jan 23, 2019 9:03am
    In less than three-and-a-half years since its founding, social e-commerce site Pinduoduo emerged as China’s third-largest online shopping site, trailing only the Alibaba and JD.com platforms. However, problems arose recently as some people exploited a loophole on...
  • Waymo said the new facility will mass-produce Level 4 autonomous vehicles which can pilot themselves without a human driver under certain conditions. Photo: Bloomberg

    Waymo to build self-driving cars in Michigan

    Jan 23, 2019 9:01am
    Alphabet Inc.’s Waymo self-driving vehicle unit said on Tuesday it plans to build a plant in Michigan to transform vehicles into autonomous cars for Waymo’s ride services business, Reuters reports. Waymo has proposed private investments of...
  • IBM has been shifting toward the faster-growing segments such as cloud, software and services to lower dependence on its traditional hardware products . Photo: Reuters

    IBM shares jump on strong profit, outlook

    Jan 23, 2019 8:36am
    IBM Corp. beat analysts’ fourth-quarter earnings estimates and forecast full-year profit above expectations, sending its shares up about 7 percent, Reuters reports. The company has been shifting toward the faster-growing segments such as cloud, software and services to...
  • The arrest of Huawei chief financial officer Meng Wanzhou has soured relations between Canada and China. Photo: Bloomberg/Reuters

    US will seek extradition of Huawei CFO from Canada

    Jan 23, 2019 7:32am
    The US Justice Department said it will pursue the extradition of a Huawei Technologies executive who was arrested in Canada in December, Reuters reports. The United States has accused Huawei chief financial officer Meng Wanzhou of...
  • John Bogle's investment theory worked very well in the US market, but the strategy may not be ideal for Hong Kong, argues an expert. Photo: Reuters

    Why passive investment may not work in HK stock market

    - Jan 22, 2019 2:27pm
    John Bogle, the founder of Vanguard Group and a major proponent of index investing, passed away last Wednesday in the United States at the age of 89. The passive investment approach he advocated has been extremely...
  • Huawei said it has so far signed more than 30 commercial contracts for 5G network deployment and shipped 25,000 5G base stations. Photo: Reuters

    China gears up for 5G launch

    - Jan 22, 2019 12:52pm
    China is frenziedly preparing for the rollout of fifth-generation mobile technology even as several western nations appear to be ganging up on Huawei Technologies to exclude the Chinese telecommunications equipment giant from their own 5G plans...
  • Having reaped excellent returns in previous years, investors in Hong Kong have largely held on to their assets, be it equities or property, despite the choppy macro environment last year. Photo: Reuters

    Why HK’s stock and property markets didn’t fall further

    - Jan 22, 2019 9:14am
    At an investment outlook summit held by the Hong Kong Economic Journal last weekend, most guest speakers agreed that Hong Kong may not suffer much this year despite bearish sentiment in both the property and equity markets. Alex...
  • WhatsApp has expanded worldwide a measure put in place in India last July to limit text forwards to five recipients. Photo: Bloomberg

    WhatsApp restricts text forwards to curb rumors

    Jan 22, 2019 9:12am
    WhatsApp has begun to limit worldwide the number of times a user can forward a message to five as the popular messaging service looks to fight “misinformation and rumors”, Reuters reports. The limit of five is...
  • Tesla's Model 3, aimed at the mass market, is expected to be introduced in Europe next month. Photo: Reuters

    Tesla’s Model 3 gets green light in Europe

    Jan 22, 2019 8:18am
    Tesla’s Model 3 has been given the green light to hit the road in Europe, clearing the final hurdle for the European introduction of the battery-powered sedan expected next month, Reuters reports. The Model 3 is...
  • Google lacked transparency and clarity in the way it informs users about its handling of personal data and failed to properly obtain their consent for personalized ads, the French regulator CNIL said. Photo: AFP

    France fines Google US$57 million over privacy breach

    Jan 22, 2019 7:31am
    France’s data protection watchdog fined Alphabet’s Google 50 million euros (US$57 million) for breaching European Union online privacy rules, the biggest such penalty levied against a US tech giant, Reuters reports. The French regulator CNIL said...
  • The securities regulator said Prasert Prasarttong-osoth, his daughter and another executive executed and matched trading in Bangkok Airways shares that caused price and volume to be inconsistent with market conditions. Photo: Bloomberg

    Thai tycoon quits listed firms on regulator’s order

    Jan 21, 2019 1:11pm
    Thai tycoon Prasert Prasarttong-osoth resigned on Monday as chief executive of Bangkok Dusit Medical Services and Bangkok Airways after the securities regulator barred him from holding executive positions in listed Thai firms, citing share manipulation, Reuters...
  • Carlos Ghosn's release on bail would allow him to meet more frequently with his lawyers and defend himself before the board of Renault. Photo: Reuters

    Nissan’s Ghosn offers to wear electronic ankle tag for bail

    Jan 21, 2019 10:41am
    Ousted Nissan Motor Co chairman Carlos Ghosn has offered to wear an electronic ankle tag and hire guards to monitor him in an unusual bid to secure his release on bail after two months of detention...

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