23 February 2019


  • Apple is offering the financing scheme amid waning iPhone sales in China. Photo: Reuters

    Apple, Ant offer interest-free iPhone financing in China

    Feb 22, 2019 6:00pm
    Apple Inc. has teamed up with Chinese payments giant Ant Financial Services Group and several local banks to offer interest-free financing amid waning smartphone sales, Reuters reports. The US tech behemoth issued a rare revenue warning...
  • Jimmy Lai's (left) Next Digital and Yu Pun-hoi's HK01 are striving to adapt to a changing environment in the media industry. Photo: Next Digital, Reuters, RTHK, HK01

    HK01, Apple Daily struggle amid winter chill in media industry

    - Feb 22, 2019 3:50pm
    Winter is gone, but most of us are not even sure if it came because of the unusually warm weather. But wintertime is very much around in Hong Kong media. Influential online news website announced...
  • US President Donald Trump said US telecommunications companies are at risk of being left behind by other countries in the development of 5G networks. Photo: Reuters

    Trump urges US telecoms firms to step up 5G work

    Feb 22, 2019 9:35am
    US President Donald Trump called on the country’s telecommunications companies to boost their work to build faster 5G wireless communications networks, saying they were lagging and at risk of being left behind by other countries’ efforts, Reuters...
  • NWD’s initiative marks the first time a Hong Kong developer is implementing blockchain technology to help speed up property transactions, notes Adrian Cheng, the developer’s executive vice-chairman. Photo: Bloomberg

    NWD creates HK’s first blockchain platform for homebuyers

    Feb 21, 2019 12:30pm
    Property developer New World Development (NWD) on Wednesday announced the creation of Hong Kong’s first property-purchase blockchain platform, in collaboration with Hong Kong Applied Science and Technology Research Institute Company (ASTRI). Bank of China (Hong Kong)...
  • Xiaomi founder and CEO Lei Jun introduces the latest flagship phone Mi 9 at a launching ceremony in Beijing on Wednesday. Photo: Reuters

    Xiaomi’s Mi 9 beats iPhone in camera performance

    - Feb 21, 2019 11:21am
    Chinese smartphone makers have been making lots of improvement in the design and application of their products over the past few years. While many believe that Samsung Electronics and Apple are still the frontrunners in the...
  • HKEX chief executive Charles Li believes the exchange operator will benefit from Shenzhen-based Ronghui Tongjin’s network and technological capabilities. Photo: Bloomberg

    HKEx buys into Shenzhen-based fintech firm in rare move

    Feb 21, 2019 10:10am
    Hong Kong Exchanges and Clearing Ltd (HKEx) is acquiring majority stake in a Shenzhen-based fintech firm, a rare investment that signals the exchange operator’s aim to bolster its financial markets technologies.  Hong Kong’s stock market operator...
  • EU's proposed new copyright rules would require Google and other online platforms to sign licensing agreements with rights holders such as musicians, performers, authors, news publishers to use their work online. Photo: Reuters

    EU countries back copyright reforms aimed at Google, Facebook

    Feb 21, 2019 9:23am
    European Union countries on Wednesday endorsed an overhaul of the bloc’s copyright rules which would force Google and Facebook to pay publishers for news snippets and filter out copyright-protected content on YouTube or Instagram, Reuters reports....
  • A company executive speaks during the during the Samsung Unpacked launch event in San Francisco on Wednesday. Photo: Bloomberg

    Samsung unveils folding phone with 5G and Galaxy S10 series

    Feb 21, 2019 9:16am
    Samsung Electronics on Wednesday unveiled a nearly US$2,000 folding smartphone that doubles as a tablet, in what would be the most expensive phone on the market. The Galaxy Fold will go on sale on April 26...
  • VoiceAI was named a champion and outstanding model at the CUHK Entrepreneurship Competition held during the university's Entrepreneur Day in May 2018. Kevin Li (3rd from left) is co-founder and chief executive of the startup. Photo: CUHK

    China voiceprint recognition startup wins backing from HK fund

    - Feb 20, 2019 5:07pm
    Shenzhen-based VoiceAI Technologies, a startup that provides voiceprint recognition technology and intelligent voice solutions, has completed a pre-A series funding round with the backing of a Hong Kong venture fund. The pre-A round, whose scale is...
  • Tech billionaire co-founder Elon Musk said there has to be "some kind of constraints" on the creation of bitcoin and other cryptocurrencies. Photo: Reuters

    Musk praises bitcoin but says he won’t get involved in it

    Feb 20, 2019 2:47pm
    Tech billionaire Elon Musk said bitcoin could be a valuable way to transfer money, but clarified that he would not want to get involved in the digital currency. “Bitcoin’s structure is brilliant but I don’t think it...
  • Huawei is working hard to fend off US moves to ease it out of the market. Photo: Reuters

    Huawei bets on P30 series to boost market share amid US moves

    - Feb 20, 2019 11:32am
    In its trade conflict with China, the United States has been asking allies to ban Huawei Technologies from taking part in their efforts to introduce 5G technology into their telecommunications networks, alleging that the Chinese company...
  • Google is acquiring a California-based company that helps enterprises streamline database migration in the cloud. Photo: Reuters

    Google to acquire data migration firm Alooma in cloud push

    Feb 20, 2019 9:14am
    Google announced on Tuesday that it will buy data migration company Alooma, an initiative that is seen as part of efforts to catch up with Amazon and Microsoft in the cloud service business. Headquartered in Redwood City,...
  • Leveraging the Lightning Network technology, new app Tippin is allowing Twitter users to make small bitcoin transactions as a tip if they like a tweet. Photos: Reuters, Bloomberg

    New app allows users to tip on Twitter with bitcoin

    Feb 19, 2019 3:12pm
    Notwithstanding a market “winter”, the cryptocurrency industry is continuing an effort to push mass adoption of new digital tokens. Social media platforms, with a large user base, are seen as an attractive area for the crypto...
  • Poor performance of Siri voice assistant is believed to be among the reasons why sales of Apple's HomePod speakers have been tepid. Photo: Bloomberg

    Why Apple needs to enhance its Siri voice tool

    - Feb 19, 2019 1:29pm
    With iPhone sales slowing, Apple is taking a fresh look at its business and realigning its priorities in a bid to enhance the services income and catch up on rivals in aspects such as artificial intelligence...
  • The development of the Xuexi Qiangguo app by Alibaba is the latest example of a Chinese tech company collaborating with the government. Photo: Reuters/AFP

    Alibaba behind hit Chinese Communist Party app: report

    Feb 19, 2019 9:47am
    A Chinese government propaganda app that recently became a huge hit was developed by Alibaba, Reuters reports, citing two people at the company. “Xuexi Qiangguo”, which literally translates as “study to make China strong” and is...
  • Britain believes it can manage any risks arising from use of Huawei  equipment, according to a report. Photo: Reuters

    Britain doesn’t support total Huawei network ban: report

    Feb 19, 2019 9:44am
    British security officials do not support a full ban of Huawei from national telecoms networks despite US allegations the Chinese firm and its products could be used by Beijing for spying, Reuters reports, citing sources with...
  • Facebook has been accused by British lawmakers of intentionally and knowingly violating data privacy and anti-competition laws. Photo: Reuters

    UK lawmakers slam Facebook and call for more regulation

    Feb 19, 2019 9:22am
    Facebook intentionally breached data privacy and competition law and should, along with other big tech firms, be subject to a new regulator to protect democracy and citizens’ rights, British lawmakers said on Monday. In a damning...
  • Didi Chuxing, China's largest ride-hailing services firm, is said to be planning to take on Uber in Latin America markets. Photo: Bloomberg

    China’s Didi plans to enter Chile, Peru markets: report

    Feb 18, 2019 9:30am
    Chinese ride-hailing giant Didi Chuxing is planning to take on US rival Uber in some of Latin America’s fastest-growing markets, recruiting managers in Chile, Peru and Colombia, Reuters reports, citing job postings and a company official....
  • Uber wants investors to focus on the solid growth in gross bookings rather than the continued net loss. Photo: Reuters

    Uber revenue up 43% in 2018 but profit remains elusive

    Feb 18, 2019 9:00am
    Uber Technologies announced on Friday global revenue of US$11.3 billion for 2018, up 43 percent from the prior year, but remained deep in the red even though it managed to reduce the losses. Losses before taxes,...
  • The GSMA warns that excluding certain vendors from the market could disrupt the supply of equipment, increase costs to operators and their customers, delay the rollout of 5G services and hobble existing networks. Photo: Reuters

    Telecoms industry calls for Europe-wide network testing regime

    Feb 15, 2019 5:20pm
    The telecoms industry has called on European governments to join mobile operators in establishing a testing regime to protect network security without having to resort to the disruptive step of excluding vendors from the market, Reuters...

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