Date
24 April 2018

Tech

  • Internet security investment theme heats up

    - Mar 4, 2014 3:36pm
    Shifting from its environmental and social focus in the past few years, the Chinese People’s Political Consultative Conference (CPPCC) has taken up the allocation of technological resources as the first item on its agenda for this year. The...
  • Alibaba ‘to buy 20% stake’ in Wasu Media, paper says

    Mar 4, 2014 12:11pm
    Alibaba Group Holdings Ltd. is expected to take a 20 percent stake in Wasu Media Holding Co. Ltd. (000156.CN), its smart-TV set-top box partner, National Business Daily reported Tuesday, citing media reports. Alibaba declined to comment...
  • Online video battlefield shifting to mobile platforms

    - Mar 4, 2014 9:58am
    China’s internet video sector appears set for further consolidation as Web titans Sohu.com Inc (SOHU.US) and Tencent Holdings (00700.HK) are said to be in talks for a merger of their video portals in a bid to...
  • Tencent, Baidu, Qihoo 360 may invest in JD.com, Caijing reports

    Mar 4, 2014 9:18am
    Domestic e-commerce site JD.com has invited Tencent Holdings Ltd. (00700.HK), Baidu Inc. and Qihoo 360 to become cornerstone investors in its planned initial public offering in the United States this year, news website Caijing.com.cn reported Monday. The...
  • Cell phone users boost mobile internet traffic, Xinhua says

    Mar 4, 2014 8:29am
    China’s growing number of cell phone users has led to a surge in data flow as more of them access mobile internet on their handsets, Xinhua news agency reported Monday, citing, government figures. Cell phone users...
  • Domestic players to gain in China internet ‘clean-up’

    - Mar 3, 2014 9:48am
    Internet companies should brace for a tougher Chinese regulatory environment as Communist Party chief Xi Jinping oversees initiatives by the newly established central internet security office to “clean up” the nation’s virtual world. As part of...
  • China to launch cargo ship into space in 2016, Xinhua says

    Mar 3, 2014 7:49am
    China is expected to launch a cargo ship into space around 2016 to serve the Tiangong-2 space laboratory, Xinhua news agency reported on Sunday. The cargo ship, named “Tianzhou” or “Heavenly Vessel” in Chinese, will be delivered...
  • Market approach eyed in technology allocation, paper says

    Mar 3, 2014 7:35am
    China’s top political advisory body said the government will adopt a market approach to allocating technology resources, Shanghai Securities News reported Monday. This includes less government intervention and increased funding for universities and research institutes. Also, the...
  • Monthly active users may not be the best tech valuation metric

    - Feb 28, 2014 2:46pm
    The recent deal flurry in the internet sector has fueled hopes for a quick build-up in the valuation of WeChat, the instant messaging app of Tencent Holdings Ltd. (00700.HK), sending the share price of the parent...
  • Dangdang returns to black in fourth quarter, filing says

    Feb 28, 2014 12:36pm
    E-Commerce China Dangdang Inc. reported a net profit of 21.7 million yuan (US$3.54 million) for the three months to December from a loss of 122.09 million a year earlier, the company said in a regulatory filing. It...
  • iQiyi rides universal appeal of Korean star-crossed lovers

    - Feb 28, 2014 12:36pm
    She’s an actress, he’s an alien and the show is a close encounter that’s proving an out-of-this-world-smash hit in China. So much so that one online game developer in Xiamen reportedly gave its workers a day...
  • Ad-skipping browser riles video giants, paper says

    Feb 28, 2014 11:09am
    Beijing-based web browser Maxthon said it will keep its unique function that allows users to skip advertisements despite alleged intimidation and threats from domestic online video providers, Global Times reported Thursday. Since its Feb. 20 launch, the controversial...
  • A brand new TCL in the making

    - Feb 28, 2014 10:37am
    Tough competition and low margins in its traditional home appliances and mobile phone business is prompting TCL Group to turn its gaze to services such as video-on-demand and internet finance. The move underscores the pressure that...
  • Hainan inks deal with Alibaba for ‘digital city’, paper says

    Feb 28, 2014 8:55am
    Hainan government has signed a preliminary agreement with Alibaba Holdings to jointly develop the southern island province’s pilot area for international tourism into a digital internet city, the National Business Daily reported Friday, citing the local...
  • China Unicom 2013 net profit up 46.7%, filing says

    Feb 28, 2014 8:54am
    China Unicom (Hong Kong) Ltd. (00762.HK) reported on Thursday a net profit of 10.41 billion yuan (US$1.698 billion) for 2013, marking an increase of 46.7 percent over the previous year. Operating revenue reached 295.04 billion yuan,...
  • Tencent faces a less than perfect scenario amid buying spree

    - Feb 28, 2014 8:05am
    Like there’s no tomorrow, internet behemoth Tencent (00700.HK) has been snapping up assets left and right, the latest of which is restaurant rating site Dianping which was added to its e-commerce business portfolio earlier this month....
  • Huawei names Kenya CEO, Xinhua says

    Feb 28, 2014 7:23am
    Telecoms equipment maker Huawei has appointed a new CEO for Kenya to help expand uptake of information and communication technology services in the country, Xinhua reported Thursday, citing a company statement. The new chief executive, Dean...
  • Network superpower push to favor local firms, paper says

    Feb 28, 2014 7:09am
    President Xi Jinping {習近平} has vowed to build China into a network security superpower, the Securities Times reported Thursday, citing a China Central Television bulletin. According to CITIC Securities Co., Ltd. (06030.HK, 600030.CN), the central government...
  • China Mobile unveils integrated messaging service, paper says

    Feb 27, 2014 2:40pm
    China Mobile Ltd. (00941.HK) announced at the Mobile World Congress in Barcelona a new integrated communications service that allows customers to combine messaging, voice services and contacts on their handsets, Beijing Times reported Thursday. The new...
  • Dull market may bring exciting chance for Chinese handset makers

    - Feb 27, 2014 1:41pm
    After the excitement of the past two years, when the leading smartphone makers unveiled their most creative models onto the market, the year 2014 is fast turning out to be a tepid anticlimax — if one...

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