17 January 2020

Consumer & Gaming

  • Steve Lee Ka-ding rode on his popularity to open a chain of restaurants. Photo: Facebook

    Behind the closure of celebrity chef Steve Lee’s restaurant

    - Oct 29, 2019 10:50am
    Celebrity chef Steve Lee Ka-ding rose to fame after his cooking show Granpa’s Kitchen became a big hit on television three years ago. Riding on his popularity, Lee opened his first restaurant, Ding’s Kitchen, in Causeway...
  • Tiffany is said to have hired advisers to review an acquisition offer from French luxury goods conglomerate LVMH. Photo: Reuters

    LVMH offers to buy US jeweler Tiffany: report

    Oct 28, 2019 10:09am
    Louis Vuitton owner LVMH has approached Tiffany & Co with a US$14.5 billion acquisition offer for the US luxury jeweler, Reuters reports, citing people familiar with the matter. LVMH submitted a preliminary, non-binding offer to Tiffany...
  • Xiaomi CEO Lei Jun said demand for Mi 9 Pro, the company’s first 5G-enabled phone for the domestic market, exceeded the company’s expectations and led to supply chain issues. Photo: Reuters

    Xiaomi aims to launch more than 10 5G phones next year: CEO

    Oct 21, 2019 9:28am
    Xiaomi Corp. (01810.HK) chief executive Lei Jun said the company plans to launch more than 10 5G phones next year, Reuters reports. Lei’s remarks come as the Chinese smartphone maker faces intense competition in its home...
  • Domino’s Pizza is withdrawing from some European markets where it has been beset with losses. Photo: Reuters

    Domino’s Pizza to exit four international markets

    Oct 17, 2019 3:42pm
    Domino’s Pizza Group, Britain’s biggest pizza delivery company, said on Thursday that it will exit its international markets, where it has been facing mounting losses, Reuters reports. “We have concluded that, whilst they represent attractive markets,...
  • Dior apologized for the "incorrect statement and misrepresentation" made by a staff member at a campus presentation in Hangzhou, stressing that it has always supported China's sovereignty and territorial integrity. Photo: Xinhua

    Dior apologizes after being criticized over China map

    Oct 17, 2019 11:38am
    French luxury brand Christian Dior apologized on Thursday and said it supported China’s territorial sovereignty after it was criticized for using a map of China that excluded Taiwan in a presentation, Reuters reports. Taiwan is China’s...
  • Attendees walk past signage for Epic Games’ Fortnite video game during the E3 Electronic Entertainment Expo in Los Angeles on June 12. Photo: Bloomberg

    Fortnite returns with Chapter 2, creating huge buzz

    Oct 16, 2019 10:23am
    Epic Games launched a “Chapter 2” reboot of its battle royale smash hit “Fortnite” on Tuesday, drawing the eyeballs of millions of gamers globally, Reuters reports. Fortnite, which as of earlier this year had 250 million...
  • A Blackstone entity will acquire Bellagio Resorts and Casino and lease it back to MGM under a deal announced on Tuesday. Photo: Bloomberg.

    MGM to sell Bellagio, Circus Circus resorts for about US$5 bln

    Oct 16, 2019 10:04am
    MGM Resorts International said on Tuesday that it will sell its Bellagio and Circus Circus resorts in Las Vegas in separate deals valued at about US$5 billion, Reuters reports. Blackstone Real Estate Income Trust will acquire...
  • Instant noodle sales have seen a rebound in China due to a combination of factors. Photo: Bloomberg

    What can we tell from China’s reviving sales of instant noodles?

    - Oct 14, 2019 10:39am
    China has witnessed a rebound in sales of cup noodles since last year after a drastic fall in 2017. Does that mean the economy is getting better or worse? The nation’s instant noodle sales hit a...
  • With visual recognition technology, customers can place their purchases on a Circle K self-checkout counter and pay with Octopus card. Photo: YouTube

    Queue busting: Is AI the answer?

    - Oct 11, 2019 5:00pm
    The checkout process has remained unchanged for decades and stands as a significant pain point for both customers and retailers in Hong Kong – as long lines and weary staff all too often lead to lackluster...
  • Johnson & Johnson said it is confident the award will be overturned. Photo: Reuters

    Jury says J&J must pay US$8 bln in case over male breast growth

    Oct 9, 2019 9:21am
    A US jury said Johnson & Johnson must pay US$8 billion in punitive damages to a man who previously won US$680,000 over his claims that it failed to warn that young men using its antipsychotic drug...
  • Dayta AI, led by CEO Patrick Yu, has created a cloud-based video analytics platform that tracks and categorizes customers through network cameras.  Photos: HKEJ, Dayta AI

    HK-based AI startup aims to help businesses boost sales

    - Oct 4, 2019 4:02pm
    Marketing and sales activities are increasingly relying on analytical and quantitative tools nowadays among businesses around the globe, and Artificial Intelligence (AI) has emerged as one of the most hyped ways to improve product, pricing and...
  • Tiffany is among a group of luxury brands grappling with the US-China trade war. Photo: Bloomberg

    Tiffany sends top bling to China as consumers kept at home

    Oct 4, 2019 9:20am
    Tiffany & Co. is sending more of its priciest jewelry to mainland China to reach consumers kept at home by a weak currency, chief executive Alessandro Bogliolo said. “We follow our customers where they shop,” Bogliolo...
  • Wawa Planet has closed a deal to rent a three-storey property on Percival Street in Causeway Bay. Photo: Wawa Planet/Facebook

    A business that thrives even in these dark days

    - Oct 2, 2019 10:52am
    The start of the National Day “Golden Week”, normally a time when mainland tourists pour into Hong Kong’s shopping districts in full force, saw 30 shopping malls and 47 MTR stations shuttered on Tuesday. Instead of...
  • Johnson & Johnson said the settlement removes the company from a federal trial against multiple manufacturers and distributors scheduled to begin on Oct. 21. Photo: AFP

    J&J to pay US$20.4 million to settle opioid lawsuits

    Oct 2, 2019 10:07am
    Johnson & Johnson said it will pay US$20.4 million to settle claims by two Ohio counties in a lawsuit that accused the drugmaker of contributing to a US opioid addiction epidemic, Reuters reports. The company said...
  • WeWork's Adam Neumann has stepped down as CEO following the co-working space startup's stalled IPO. Photo: Reuters

    Why a growing number of CEOs are stepping down

    - Sep 30, 2019 5:38pm
    In just one day, on Wednesday last week, the chief executives of three global companies – WeWork, eBay and Juul – all resigned. What once seemed bewildering is no longer so. In fact, more than 1,000...
  • Forever 21 said the restructuring will allow it to focus on the profitable core part of its operations and shut some international locations. Photo: Bloomberg

    Forever 21 latest retailer to file for bankruptcy

    Sep 30, 2019 12:25pm
    Fashion retailer Forever 21 Inc. filed for bankruptcy on Sunday, as it joined a growing list of brick-and-mortar players who have succumbed to the onslaught of e-commerce companies such as Inc., Reuters reports. Since the...
  • DoorDash said data was accessed by an unauthorized third-party service provider on May 4. Photo: DoorDash/Facebook

    DoorDash hack leaks data of 4.9 million customers, restaurants

    Sep 27, 2019 9:41am
    Meal delivery service DoorDash Inc. has disclosed a data breach, saying information related to 4.9 million customers, delivery executives and restaurants may have been leaked, Reuters reports. The data was accessed by an unauthorized third-party service...
  • Ride-hailing startup Gojek is venturing into video-streaming amid growing demand for original Indonesian entertainment content. Photo: Reuters

    Indonesia’s Gojek launches video-streaming platform

    Sep 26, 2019 12:25pm
    Indonesian ride-hailing and payments firm Gojek on Thursday launched a video streaming service, named ‘Goplay’, that features original movies and TV shows, Reuters reports. “We see that there’s a gap where people want to watch Indonesian...
  • Thomas Cook's collapse came amid debt woes as it faced intense competition from agile online players in the global travel arena. Photo: Reuters

    The rise and fall of Thomas Cook

    - Sep 26, 2019 11:08am
    Thomas Cook, the world’s oldest travel company, declared bankruptcy on Monday. After 178 years of being the biggest British name in holiday booking and inventing guided tours, the firm has gone bust. Founder Thomas Cook was...
  • Amazon's Jeff Bezos acknowledges the need for regulations in relation to use of facial recognition technology. Photo: Bloomberg

    Amazon working on facial recognition regulation: Bezos

    Sep 26, 2019 9:26am
    Amazon’s public policy team is working on proposed regulations around facial recognition, Chief Executive Jeff Bezos said on Wednesday. “Our public policy team is actually working on facial recognition regulations, and it makes a lot of sense...