25 June 2017

Tech, Media & Telecom

  • The GeoHub online portal launched by the Los Angeles government provides real-time location-based data, such as traffic blackspots, temporary road closures and accidents, to government agencies, public and private organizations. Photo:

    Using data to anticipate city problems

    - Jun 23, 2017 12:31pm
    Earlier this year, Smart City Consortium (SCC) organized an Internet Economy Summit where Lilian Coral, Chief Data Officer of Los Angeles GeoHub, spoke about gathering and utilizing open data, sharing with the audience her experience and...
  • Travis Kalanick’s desire to keep expanding Uber's operations may not match major investors’ interest in generating some hard cash and profit. Photo: Reuters

    Will Travis Kalanick stage a comeback?

    - Jun 23, 2017 11:27am
    Entrepreneurs in the information technology era usually have strong personalities, which can both help and hurt their careers. Uber co-founder and chief executive Travis Kalanick resigned on Tuesday. The decision came at a difficult time, since...
  • Tesla wants to build electric cars in China to avoid a 25 percent tariff on imported vehicles. Photo: AFP

    Tesla moves a step closer to building electric cars in China

    Jun 23, 2017 7:31am
    Tesla Inc. took a step closer toward establishing an electric vehicle manufacturing plant in China with its announcement that it is in exploratory talks with the Shanghai municipal government, Reuters reports. Tesla has said it wants...
  • Nokia has long emerged from its mobile phone setback and transformed itself into the world’s No. 2 telecommunication equipment supplier. Photo: Nokia

    Samsung, Nokia doing far better than most people think

    - Jun 22, 2017 11:45am
    Perception can be quite deceiving. Nokia’s exit from the mobile phone business and Samsung’s battery explosion saga might have left investors with the impression that the two are goners, but the truth is, both companies are...
  • The proliferation of AI and IoT will further boost demand for all kinds of chips, benefiting major players like graphic processing unit leader NVIDIA. Photo: NVIDIA

    AI and IoT to boost chips demand

    - Jun 21, 2017 5:12pm
    While stories like JD’s record sales in its June 18 shopping festival always grab the headlines, apart from the online shopping boom, rosy prospects in hardware such as Artificial Intelligence (AI) and Internet of Things (IoT)...
  • Travis Kalanick, 40, has faced increased scrutiny in recent weeks following an investigation into the culture and workplace practices at Uber. Photo: Reuters

    Uber CEO Travis Kalanick resigns under investor pressure

    Jun 21, 2017 4:25pm
    Uber Technologies Inc. chief executive Travis Kalanick, co-founder one of the most influential technology companies of its generation, has resigned under mounting pressure from investors over his leadership, Reuters reports. Kalanick’s departure caps a tumultuous period...
  • Toshiba said it took into consideration concern about technology transfers, job security for its domestic workforce and prospects of clearing regulatory reviews in its decision. Photo: AFP

    Toshiba picks Japan-led group as preferred bidder for chip unit

    Jun 21, 2017 11:52am
    Toshiba Corp. said on Wednesday its board has chosen a Japanese government-led consortium as the preferred bidder for the conglomerate’s prized flash memory chip business, Reuters reports. The group consists of a state-backed fund, the Innovation...
  • Beginning on Tuesday, drivers in Houston, Minneapolis and Seattle can collect tips. The feature will be available to all drivers in the US by the end of July. Photo: Reuters

    Uber to allow drivers to accept tips

    Jun 21, 2017 8:12am
    Uber said on Tuesday it will for the first time allow drivers to collect tips through its smartphone app, an about-face from previous company policy, as part of the ride-services firm’s broader effort to improve an...
  • What sort of firms will become more sought-after in the wake of Amazon’s move on Whole Foods Market?

    Who benefits from Amazon’s Whole Foods coup?

    - Jun 20, 2017 4:37pm
    Amazon’s US$1.37 billion deal to acquire Whole Foods Market (WFM) initially led to a heavy sell-off of traditional retailers, which might have been worsened by options-related activities. However, the market calmed down over the weekend. Some...
  • Whole Foods Market is one of the rare few that continue to grow a traditional retailing business despite the growing popularity of online shopping. Photo: Whole Foods Market

    New retail vs old retail

    - Jun 20, 2017 9:47am
    Amazon said last Friday it would spend US$13.7 billion to acquire grocery chain Whole Foods Market Inc., marking the largest deal for the e-commerce giant which now has a market value of US$480 billion. The share...
  • Refugees who have fled their country leaving behind birth or education paper certificates would still be able to provide proof of those credentials through the digital system. Photo: AFP

    Accenture, Microsoft team up on digital ID network

    Jun 20, 2017 8:15am
    Accenture Plc and Microsoft Corp. are teaming up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no official...
  • Google said it is creating new policies and practices to suppress terrorism-related videos. Photo: Bloomberg

    Google working with other web firms to fight terrorism online

    Jun 19, 2017 9:07am
    Alphabet Inc.’s Google said it is working with other internet firms, including Facebook, Microsoft and Twitter, to share and develop technology as well as accelerate joint efforts to tackle terrorism online. In an opinion piece in the...
  • The bigger story in the tech sector should be SWANNS, which refers to SoftBank, Western Digital, Jack Ma's Alibaba, Nintendo, Nvidia and Samsung. Photo: Bloomberg

    SWANNS: Where great opportunities in tech sector lie

    - Jun 14, 2017 11:46am
    The tech-laden Nasdaq Composite Index declined 1.8 percent last Friday after Goldman Sachs warned of a “valuation air-pocket” in five leading tech stocks dubbed as FAAMG (Facebook, Amazon, Apple, Microsoft and Alphabet). The Goldman report says...
  • Marissa Mayer says she is leaving with 'nostalgia, gratitude, and optimism'. Photo: Reuters

    Verizon closes Yahoo deal, Mayer steps down

    Jun 14, 2017 8:05am
    Verizon Communications Inc. said on Tuesday it closed its US$4.48 billion acquisition of Yahoo Inc.’s core business and that Marissa Mayer, chief executive of the internet company, had resigned, Reuters reports. The completion of the acquisition...
  • Uber, led by Travis Kalanick, has been roiled by allegations that senior executives turned a blind eye to sexual harassment and other corporate misbehavior. Photo: Reuters

    Uber CEO Kalanick expected to go on temporary leave

    Jun 13, 2017 5:04pm
    Uber Technologies CEO Travis Kalanick is likely to take a leave of absence from the company as its board tries to fix problems related to the firm’s corporate culture and practices, Reuters reports. While no final...
  • Terry Gou, founder and chairman of Foxconn, is putting together a consortium to bid for Toshiba's prized chip business. Photo: Reuters

    Foxconn says Apple, Dell joining bid for Toshiba chip business

    Jun 13, 2017 8:31am
    Apple Inc. and computing giant Dell Inc will join a Foxconn-led consortium bidding for Toshiba Corp’s highly prized chip unit, the CEO of the world’s largest contract electronics manufacturer told Reuters. Terry Gou, Foxconn’s founder and...
  • Alibaba, which is controlled byJack Ma (pictured here), and SF Express have agreed to settle a business row, but it may not be the end of the matter. Photo: Bloomberg

    Alibaba-SF spat: Why Jack Ma should be worried

    - Jun 9, 2017 6:32pm
    Imagine a scenario where Amazon orders its retail partners to snub UPS and instead courier their goods only through logistics firms that fall at the feet of Jeff Bezos, the e-commerce giant’s boss. How will the market and...
  • Economists say about 80 percent of the loss in US manufacturing jobs over the past three decades was mainly a result of technological change. Photo: Bloomberg

    Labor markets in the age of automation

    - Jun 9, 2017 5:14pm
    Advances in artificial intelligence and robotics are powering a new wave of automation, with machines matching or outperforming humans in a fast-growing range of tasks, including some that require complex cognitive capabilities and advanced degrees. This...
  • AlphaGo, developed by a subsidiary of Google, has demonstrated the power of Artificial Intelligence as it beat the world’s top players in the Chinese board game Go. Photo: Xinhua

    Using AI to unlock human potential

    - Jun 9, 2017 1:05pm
    The artificial intelligence (AI) wave has spread to Hong Kong. Hang Seng Bank plans to introduce Chatbot, with natural language processing and mechanical learning ability, to provide customers with credit card offers and banking services information;...
  • Local short-seller Anonymous Analytics said rival Gotham’s report on AAC Technologies is grossly misleading. Photo:Twitter

    War of words between two short-sellers: What is going on?

    - Jun 8, 2017 12:16pm
    Anonymous Analytics released a 51-page report attacking short-seller Gotham City Research over the latter’s report on Apple supplier AAC Technologies Holdings Inc. (02018.HK). Short-sellers are considered part of the New Media, which may offer some insights...

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