18 January 2019

Tech, Media & Telecom

  • Tencent's revenue from online games rose 41 percent to 11.96 billion yuan in the fourth quarter. Photo: Bloomberg

    Tencent posts 50% profit growth on games business

    Mar 19, 2015 9:57am
    Tencent Holdings Ltd. reported a 50 percent earnings growth in the fourth quarter on the back of its strong online games revenue. The Shenzhen-based company said net profit for the three months to December rose to 5.86...
  • manages more than 1.4 million website addresses for businesses around the world. Photo:

    FBI probes possible Chinese military involvement in cyber attack

    Mar 19, 2015 9:55am
    Federal investigators are looking into possible Chinese military involvement in a cyber hack at which manages more than 1.4 million website addresses for businesses around the world. Hackers are suspected of stealing passwords after breaking into...
  • Internet Explorer (left) has been eclipsed by more modern browsers like Mozilla's Firefox. Photo: Bloomberg

    Internet Explorer joins Netscape on internet scrapheap

    Mar 19, 2015 9:53am
    Microsoft is finally dumping Internet Explorer. The much maligned web browser that won the battle with Netscape for online supremacy was consigned to history this week, USA Today reported. Explorer will be replaced by a flashier,...
  • Yahoo has been cutting staff worldwide. Photo:

    Yahoo closing China operations

    Mar 19, 2015 9:34am
    Yahoo Inc. is shutting down its remaining operations in China, The Wall Street Journal reported, citing an unnamed source. The US web pioneer will lay off between 200 and 300 employees, whom it said it informed Wednesday. The...
  • The Apple Watch works only with an iPhone. Photo: Reuters

    2 in 5 iPhone owners interested in buying Apple Watch: poll

    Mar 19, 2015 7:35am
    Two in five adult Apple iPhone owners in the United States are interested in buying the company’s new Apple Watch, a new Reuters/Ipsos poll shows. The high-tech smartwatch, which will range in price from US$350 to...
  • Microsoft is offering free upgrades to Windows 10 for all Windows users, regardless of whether they are running genuine copies of the software. Photo: AFP

    Microsoft offers free Windows 10 upgrade to fight China piracy

    Mar 18, 2015 2:41pm
    Microsoft Corp. is offering free upgrades to Windows 10 for all Windows users, regardless of whether they are running genuine copies of the software. The move is an unprecedented attempt by the software giant to tackle piracy in...
  • PCCW, a dominant player in the Hong Kong telecommunications market, is looking to diversify its business with acquisitions abroad. Photo: Bloomberg

    PCCW eyes acquisitions in India, Europe, US

    Mar 18, 2015 10:06am
    PCCW Ltd. (00008.HK) is looking for acquisition opportunities in India, Europe and the United States to grow its overseas business, the Hong Kong Economic Journal reported Wednesday. BG Srinivas, who was appointed managing director in July last year, said...
  • Alibaba employees cheer during the stock's New York listing last year. It's up 24 percent on its IPO price but down 29 percent from its November peak. Photo: Reuters

    End of Alibaba lock-up sparks guarded optimism

    Mar 18, 2015 8:58am
    Alibaba shares are ending a mandatory lock-up period Wednesday after the stock’s September 2014 listing and investors are hoping things will begin to turn around. The shares are down more than 29 percent from their November...
  • Facebook cash transfers will be available in the next few months in the US through computers or mobile devices running Android and Apple Inc.'s iOS operating systems. Photo: Internet

    Coming in your next Facebook chat: cash

    Mar 18, 2015 8:17am
    Facebook Inc. is adding a new feature to its messaging app that allows friends to send and receive money. The service is linked to a Visa or MasterCard debit card issued by a bank in the...
  • Deacon Chiu died Tuesday morning aged 90. Like many of his business peers, he lived long enough to bear witness to the Hong Kong story for the best part of a century. Photo: HKEJ

    Deacon Chiu is gone but his legacy lives on

    - Mar 17, 2015 6:09pm
    I was sad to learn that Deacon Chiu, former ATV chairman and owner, had passed away this morning. He was 90. I remember him as being the only ATV chairman who made the broadcaster profitable. In...
  • Yau Ching-yuen, the founder of Post 852, hopes the website can break even by the end of this year. Photo: HKEJ

    Small new media outlets continue battle for survival

    - Mar 17, 2015 5:56pm
    During the pro-democracy Umbrella Movement last year, independent news sites popped up like mushrooms in Hong Kong. They grabbed audience from the traditional media and quickly built their own groups of loyal readers. However, readership in...
  • Brent Callinicos joined Uber in 2013 after serving as treasurer and chief accountant at Google. He will become an adviser to Uber. Photo: WSJ

    Uber finance chief quits

    Mar 17, 2015 8:57am
    Uber Technologies Inc., the online taxi service, has confirmed that chief financial officer Brent Callinicos is stepping down. Chief executive Travis Kalanick made the announcement in an e-mail to investors but has not named a replacement,...
  • An online scrapbooking application, Pinterest appeals particularly to women, which makes it an attractive platform for advertisers. Photo: Bloomberg

    Pinterest valued at US$11 bln after fundraising

    Mar 17, 2015 8:03am
    Pinterest Inc. said Monday it had raised US$367 million in venture capital, valuing the online firm at US$11 billion and making it one of the most highly valued start-ups in the world, The Wall Street Journal reported....
  • Facebook's new set of guidelines on banned posts runs to 2,500 words, nearly three times as long as the previous one. Photo: Bloomberg

    Facebook issues new guidelines on banned posts

    Mar 16, 2015 1:27pm
    Facebook has issued a new set of guidelines providing more information on what material is banned on the world’s largest social network. Monika Bicket, Facebook’s global head of content policy, said the rewrite was aimed at...
  • The SecuTABLET is displayed at the CeBIT show in Hanover Sunday. Photo: Bloomberg

    BlackBerry, IBM, Samsung team up on secure tablet

    Mar 16, 2015 8:28am
    BlackBerry Ltd. introduced a modified Samsung tablet computer that lets government and corporate users make use of popular applications such as YouTube and WhatsApp while keeping work-related information confidential, Bloomberg reported. The 2,250 euro (US$2,360) SecuTABLET...
  • Alibaba has set up a 1 billion yuan fund with SAIC Motor Group to develop internet-enabled cars. Photo: Bloomberg

    Alibaba steps up fight for leadership in internet cars

    - Mar 13, 2015 4:42pm
    Being a dominant player in China’s e-commerce market is obviously not enough for Alibaba. Aside from snapping up or buying into a wide range of technology companies, it is also moving into another new arena: internet-connected...
  • India is a hugely important market for Xiaomi and can also serve as an export base, says Hugo Barra, Xiaomi's vice president of international operations. Photo: Bloomberg

    Xiaomi eyes production in India in 12-18 months

    Mar 13, 2015 4:25pm
    Chinese smartphone maker Xiaomi Inc plans to launch production in India within 12 to 18 months, aiming to take on Samsung Electronics and local firms like Micromax in one of the world’s fastest-growing markets. “We want...
  • Taobao accounts for 95 percent of the C2C market in China online retail, but many products sold on the platform are said to be fake. Photo: CNSA

    China B2C e-commerce to outgrow C2C in two years: UBS

    - Mar 13, 2015 10:20am
    The business-to-consumer (B2C) e-commerce segment will outgrow the consumer-to-consumer (C2C) market in China’s online retail market in one to two years, according to an analyst from UBS. “B2C is the area where everyone seeks growth. The opportunity...
  • IBM is trying to adapt bitcoin's blockchain technology to non-virtual currencies like the US dollar or euro. Photo: Bloomberg

    IBM eyes bitcoin payment system for major currencies

    Mar 13, 2015 8:15am
    International Business Machines Corp. is considering using the technology underlying the bitcoin virtual currency to create a digital cash and payment system for major currencies, Reuters reported, citing an unnamed source. IBM hopes to allow people to...
  • Vitargent founder Eric Chen (second from right) said the company's innovative technology can bring down the cost and improve the accuracy of toxicity testing for food stuff, drugs and other commercial products. Photo: HKEJ

    HK firm makes breakthrough in toxicity testing technology

    Mar 12, 2015 5:49pm
    Vitargent (International) Biotechnology Ltd., a homegrown biotechnology startup, has achieved a breakthrough in testing technology by using certain fish embryos to detect toxic substances in commercial products. The company, nurtured by Hong Kong Science and Technology Parks Corp.,...

EJI Weekly Newsletter

Please click here to unsubscribe