20 April 2019

Tech, Media & Telecom

  • Amazon is closing its China online marketplace, but shoppers in the country will still be able to order goods from the firm's global store. Photo: Reuters

    Amazon to shut China online store

    Apr 18, 2019 4:24pm
    Amazon is shutting its online store in China that allows shoppers to buy from domestic sellers, scaling back operations in the world’s most populous nation. An Amazon spokeswoman told Reuters on Thursday that the company is...
  • Amazon's third-party sales soared to US$160 billion last year from US$100 million in 1999, or an annual growth rate of 52 percent. Photo: Reuters

    Why third party business is key to Amazon’s future profitability

    - Apr 18, 2019 12:26pm
    Third-party sales have grown to 58 percent of the total last year from just 3 percent in 1999, founder and chief executive Jeff Bezos highlighted in his 2018 letter to shareholders. In my opinion, that’s part...
  • A file picture shows a Qualcomm baseband modem integrated circuit chip embedded in the hardware of an Apple iPhone 6 device. Photo: Bloomberg

    Apple needs Qualcomm for 5G modem chips, but for how long?

    - Apr 18, 2019 12:23pm
    Apple and Qualcomm have settled their two-year legal battle in relation to patent and licensing issues, with the firms announcing on Tuesday that they agreed to drop all lawsuits against each other. Under the deal, the...
  • A file picture shows the Samsung Galaxy Fold phone displayed on a screen at a company event in San Francisco on Feb. 20. Photo: Reuters

    Galaxy Fold screen malfunctioned after a day, some reviewers say

    Apr 18, 2019 9:57am
    Samsung’s new Galaxy Fold, a splashy US$1,980 phone that opens into a tablet, is malfunctioning for some journalist reviewers after only a day or two of use, according to posts on social media on Wednesday. The...
  • China Mobile’s bid to provide telecoms services in US 'raises substantial and serious national security and law enforcement risks', FCC chief Ajit Pai said on Wednesday. Photo: Bloomberg

    FCC set to block China Mobile bid to provide US services

    Apr 18, 2019 9:42am
    US Federal Communications Commission chairman Ajit Pai said on Wednesday that he opposes China Mobile’s bid to provide US telecommunications services in view of the potential national security risks, Reuters reports. “It is clear that China...
  • The EU Parliament approves a proposal to fine internet firms up to 4 percent of their revenue for failure to remove extremist content within one hour of being asked to do so by authorities. Photo: Bloomberg

    EU Parliament votes for hefty fines over extremist content

    Apr 18, 2019 9:34am
    The European Parliament voted to fine firms like Facebook, Google and Twitter up to 4 percent of their turnover if they persistently fail to remove extremist content within one hour of being asked to do so...
  • Apple’s interest in next-generation lidar sensors comes as the company has stepped up road testing of autonomous vehicles. Photo: Reuters

    Apple in talks over next-gen sensors for autonomous cars: report

    Apr 18, 2019 9:16am
    Apple has held talks with at least four companies as possible suppliers for next-generation lidar sensors in self-driving cars, evaluating the companies’ technology while also still working on its own lidar unit, Reuters reports, citing people...
  • Pinterest priced its IPO at US$19 per share, above expectations, to fetch a valuation of US$12.66 billion. Photo: Reuters

    Pinterest raises US$1.4 billion in IPO

    Apr 18, 2019 9:07am
    Pinterest Inc raised around US$1.4 billion in its initial public offering (IPO), fetching a roughly US$12.66 billion valuation, above its expectations, Reuters reports. Pinterest, the online scrapbook where users save ideas for clothes, décor and recipes,...
  • Next Digital's Apple Daily saw its subscription surge after it published a video of actress Jacqueline Wong in a compromising scene with pop singer Andy Hui, who is married to Sammi Cheng (left). Photo: CNSA/screen grab from Apple Daily video

    How Apple Daily acquired 380,000 new subscribers in one day

    - Apr 17, 2019 11:30am
    Many media experts have pooh-poohed the move by Jimmy Lai Chee-ying’s Next Digital to implement a subscription model for its flagship Apple Daily’s online edition, arguing that readers simply won’t pay for content and they are...
  • A state court in India has asked the federal government to ban TikTok, saying it encouraged pornography and made child users vulnerable to sexual predators. Photo: Reuters

    Google blocks Chinese app TikTok in India after court order

    Apr 17, 2019 9:15am
    Google has blocked access to the hugely popular video app TikTok in India to comply with a state court’s directive to prohibit its downloads, Reuters reports, citing a person with direct knowledge of the matter. The...
  • Qualcomm has emerged as a big winner in a legal battle with Apple over patent practices. Photo: Bloomberg

    Qualcomm wins settlement with Apple in patent dispute

    Apr 17, 2019 9:07am
    Chipmaker Qualcomm on Tuesday won a major victory with a surprise settlement of its wide-ranging legal dispute with Apple that includes a supply agreement, Reuters reports. The settlement also incorporates a six-year patent license and a...
  • The civil lawsuit against chief executive Richard Liu came nearly four months after prosecutors declined to press criminal charges. Photo: Hennepin County Sheriff's Office via Reuters

    Minnesota student sues CEO with allegation of rape

    Apr 17, 2019 9:04am
    A University of Minnesota student who said she was raped last August by Richard Liu, chief executive of Inc, filed a civil lawsuit against him in a Minneapolis court on Tuesday, nearly four months after...
  • Huawei is willing to sell 5G chips to Apple, which would enable the US technology giant to join the 5G fray in 2020 at the earliest. Photo: Bloomberg

    Will Apple use Huawei 5G chip in iPhone?

    Apr 16, 2019 12:40pm
    Huawei founder Ren Zhengfei told business news channel CNBC in an interview aired on Monday that his company is willing to sell  5G chips to Apple Inc, which is big news because the two are close...
  • Huawei has repeatedly denied allegations that its equipment could be used by Chinese authorities for espionage. Photo: Bloomberg

    US to press allies to keep Huawei out of 5G: report

    Apr 16, 2019 9:14am
    The United States will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult for China’s Huawei Technologies Co Ltd to dominate 5G...
  • AT&T will use the Hulu stake sale proceeds to pare down debt. Photo: Bloomberg

    Hulu buys back AT&T’s 9.5% stake in US$1.43 bln deal

    Apr 16, 2019 8:52am
    Hulu has bought back wireless carrier AT&T’s 9.5 percent stake in the US entertainment streaming service for US$1.43 billion, in a deal that values Hulu at US$15 billion, Reuters reports. The sale of the AT&T stake...
  • 5G is expected to bring a dramatic increase in connected devices, benefiting firms such as BE Semiconductor Industries, a Dutch firm that produces chip packaging machines. Photo: BESI

    Invest in the beneficiaries of 5G and do it quickly

    - Apr 15, 2019 4:19pm
    The speed at which technology is developing is captured by Moore’s Law, the principle that the speed and capability of computers can be expected to approximately double every two years as a result of increases in...
  • Social media platforms and mobile apps can precisely deliver information to targeted consumers. Photo: Reuters

    The new rules of the marketing game

    - Apr 15, 2019 9:34am
    Hong Kong’s main free-to-air television broadcaster Television Broadcasts Limited (TVB) saw its share price tumble to a 20-year low after it issued a profit warning. Free-to-air television used to be the most powerful media in the...
  • founder and CEO Richard Liu said the number of those who are giving orders has grown while the number of those who do the actual work has fallen. Photo: Bloomberg boss criticizes ‘slackers’ as company makes cuts

    Apr 15, 2019 9:13am
    Richard Liu, the founder of Chinese e-commerce giant Inc, has weighed in on an ongoing debate about the Chinese tech industry’s grueling overtime work culture, lamenting that years of growth had increased the number of...
  • The fully electric SUV is the latest move in Volkswagen’s aggressive growth strategy in China. Photo: Reuters

    VW to take on Tesla X in China from 2021 with electric SUV

    Apr 15, 2019 8:47am
    Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla’s Model X as the German carmaker ramps up production of zero-emissions vehicles, Reuters reports....
  • Lyft has responded to complaints from users of its bike-share program about stronger than expected braking force on the front wheel of some electric bikes. Photo: Reuters

    Lyft pulls electric bikes in 3 US cities on braking complaints

    Apr 15, 2019 8:45am
    Lyft is removing several thousand electric bikes from service in its bike-share program in New York, Washington and San Francisco because of a braking problem, Reuters reports. “We recently received a small number of reports from...

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