13 December 2017


  • Shazam can prove useful for Apple as the former has several strengths, including AR capabilities. Photo: Bloomberg

    Apple may be eyeing AR boost from Shazam deal

    - Dec 13, 2017 1:36pm
    As Apple strives to boost iPhone X production in China to meet strong global demand for its latest flagship smartphone, the tech giant is also focusing on another important element in its business: Apple Music. Signaling...
  • The car-sharing service, which will be run for a decade by BlueSG, is a part of Singapore’s plans to reduce the number of vehicles on its roads and encourage the use of public transport. Photo: Reuters

    Singapore’s electric car-sharing program hits the road

    Dec 13, 2017 1:24pm
    Singapore launched its first large-scale electric car-sharing program through which the land-scarce city state hopes to provide commuters with more transport options and steer them away from the need to buy their own cars, Reuters reports....
  • LeEco founder Jia Yueting had his name and ID number splashed on China’s defaulter website. Photo: Reuters

    Founder of China’s embattled LeEco placed on debt blacklist

    Dec 13, 2017 1:10pm
    The high-profile founder of struggling Chinese tech conglomerate LeEco has been placed on an official blacklist of debt defaulters, a further blow to a firm that had spent heavily to compete in areas from smart cars...
  • The mobile game Tower of Saviors made a big splash in Hong Kong and Taiwan, attracting five million downloads shortly after it was released in January 2013. Photo: YouTube

    What would every local startup buy after making big bucks?

    - Dec 13, 2017 11:14am
    It all boils down to a game of Monopoly: whoever acquires the most number of properties wins. The Tsang brothers, who developed the highly popular mobile game Tower of Saviors, are no exception to the rule....
  • A digital product manager must have deep understanding not just of the technology, but also the market and user experiences. Photo: Bloomberg

    Questions a good digital product manager should ask

    - Dec 13, 2017 9:42am
    Excellent product managers are rare, something that I can attest to after having worked in the data department of a major Chinese tech firm. That’s why it’s often said that a good product manager is the...
  • Jean-Baptiste Bellier (left) and Eric Satzger, co-founders of online rental platform SnapFlat, are initially focusing on the Hong Kong market. Photo: HKEJ

    HK online rental platform finalist in global startup contest

    Dec 13, 2017 9:11am
    Like startups involved in artificial intelligence, real estate-focused new technology businesses also have opportunities to showcase their strengths at a global event, a fact that a Hong Kong firm will readily attest. SnapFlat, an online rental platform...
  • Technical analysis suggests that bitcoin could easily surge above the psychologically important level of US$20,000 this year. Photo: AFP

    Bitcoin reaches new peak after futures launch

    Dec 13, 2017 8:58am
    Virtual currency bitcoin hit another all-time peak, two days after the launch of the first ever bitcoin futures on a US exchange and ahead of the start of another futures contract next week, as investors grew...
  • Tesla unveiled the Semi last month and expects the electric truck to be in production by 2019. Photo: Reuters

    Tesla trucks get biggest public order from PepsiCo

    Dec 13, 2017 8:47am
    PepsiCo Inc. has reserved 100 of Tesla Inc.’s new electric Semi trucks, the largest known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and...
  • Lyft presents itself as a friendlier version of Uber, which is facing investigations by governments around the world, including in Canada. Photo: Bloomberg

    Lyft starts Canada service in first international foray

    Dec 13, 2017 8:26am
    US ride-hailing company Lyft Inc. on Tuesday launched its service in Toronto, marking the first time it has taken its battle against the much larger Uber Technologies Inc. outside of the United States, Reuters reports. Lyft...
  • Jason Leung (inset, left), chief executive of Blockchain Solutions, said that after crossing the US$10,000 mark, the current bitcoin market is bubbly, Photo: Bloomberg/HKEJ

    Bitcoin investing: The ABCs and the risks you need to know

    - Dec 12, 2017 1:13pm
    The Chinese government has banned all fundraising activities through initial coin offerings as well as ordered a shutdown of bitcoin exchanges, leading to a sharp drop in bitcoin prices at one point. Yet, bitcoin prices recovered soon...
  • The bitcoin frenzy has drawn comparisons to the tulip mania that gripped Europe in the 17th century. Photo: Reuters

    Will bitcoin become the fourth classic bubble in history?

    - Dec 12, 2017 9:59am
    Tulip Bubble, South Sea Bubble and Mississippi Bubble are three major economic bubbles in history, something that I learnt during my time as a student at the London School of Economics and Political Science. The current...
  • The attacks, which began 18 months ago and allow money to be stolen from banks’ ATMs, appear to be ongoing. Illustration: Reuters

    Hackers hit US, Russian banks in ATM robbery scam: report

    Dec 12, 2017 8:26am
    A group of Russian-language hackers silently stole nearly US$10 million from at least 18 mostly US and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm says. Group-IB warns that the...
  • FCC chairman Ajit Pai has unveiled plans to repeal the rules that prohibit internet service providers from impeding consumer access to web content. Photo: Reuters

    US agency prepares to hand over internet oversight to FTC

    Dec 12, 2017 8:19am
    The US Federal Communications Commission plans to turn over oversight of internet service providers to another federal agency as it plans to vote on Thursday to revoke the landmark 2015 “net neutrality” rules, Reuters reports. FCC...
  • Verizon estimates that it reaches more than 200 million US monthly unique mobile and digital users. Photo: Reuters

    Verizon to pay US$2.25 bln to NFL for five-year streaming deal

    Dec 12, 2017 8:06am
    Verizon Communications Inc. will pay around US$2.25 billion for a five-year partnership with the National Football League that allows users to stream games on its Yahoo and go90 platforms as well as on mobile devices, Reuters...
  • The Fox assets in question would have expanded Comcast’s international footprint through ownership of European pay TV provider Sky Plc and Star network in India. Photo: Reuters

    Comcast drops bid for Fox assets

    Dec 12, 2017 7:56am
    Comcast Corp. said on Monday it had abandoned its bid for most of the assets of Rupert Murdoch’s Twenty-First Century Fox Inc., leaving Walt Disney Co. as the sole suitor in pursuit of the US$40 billion-plus...
  • Bitcoin's steep gains and rapid rise have attracted investors around the world as well as intense scrutiny from government regulators. Photo: Reuters

    Bitcoin futures suggest breakneck rise in price to slow

    Dec 12, 2017 7:45am
    Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months, even as it blasted above US$17,000 to a fresh record high in the spot market,...
  • In Hong Kong, more than 33 million Octopus cards are currently in circulation, making it one of the two most widely used payment tools in the city. Photo: HKEJ

    Consumers can’t be forced into using new payment tools

    - Dec 11, 2017 1:54pm
    The history of using cards to replace cash as an alternative payment tool dates back to 1930 when some department stores and oil firms in the United States issued their proprietary cards. Bank-issued credit cards came...
  • Expensive copyright, a lack of technical standards and large platforms like Amazon’s Kindle or Tencent’s China Literature are some of the reasons stalling the development of e-book markets in Hong Kong and Taiwan. Photo: Reuters

    E-books: Why HK and Taiwan are slow to take off

    - Dec 11, 2017 11:50am
    Tencent-backed China Literature (00772.HK) is the first company listed in Hong Kong that focuses on online publishing and e-books. Although there are mixed views about its valuation, its stellar public debut suggests lots of people love...
  • Grant Spencer says New Zealand is studying whether it would be feasible to replace the kiwi with a digital currency but adds that bitcoin is not a template for the future. Photo: Bloomberg

    Bitcoin looks remarkably like a bubble, NZ central bank warns

    Dec 11, 2017 8:36am
    Bitcoin’s spectacular gains look like a speculative bubble and the cryptocurrency is too unstable to be useful in the future, Bloomberg reports, citing New Zealand’s central banker. “It looks remarkably like a bubble forming to me,”...
  • A 3D-printed Twitter logo is displayed in front of the Russian flag.  The protest against Russia’s exclusion from the Winter Olympics has been amplified by apparently automated or semi-automated Twitter accounts. Photo: Reuters

    Twitter ‘bots’ boost Russian backlash against Olympic ban

    Dec 11, 2017 8:31am
    What began as a grassroots online campaign featuring a schoolboy has grown into a mass hashtag protest against Russia’s exclusion from the Winter Olympics – backed by what appear to be fake Twitter accounts and users...

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