Date
23 January 2019

Tech, Media & Telecom

  • US Republican Senator Tom Cotton has accused Chinese telecom equipment giant Huawei as being an intelligence-gathering arm of the Chinese Communist Party. Photo: Bloomberg

    US lawmakers introduce bills targeting China’s Huawei, ZTE

    Jan 17, 2019 8:55am
    A bipartisan group of American lawmakers introduced bills on Wednesday that would ban the sale of US chips or other components to Huawei Technologies, ZTE Corp or other Chinese telecoms firms that violate Washington’s sanctions or...
  • Chinese startup ByteDance has unveiled a new video messaging app, raising the prospect of a faceoff with Tencent's WeChat messenger. Photo: Reuters

    Can ByteDance’s new app challenge WeChat in China?

    - Jan 16, 2019 1:28pm
    After scoring huge success with the short-video clip sharing service Tik Tok, China’s ByteDance is stepping up its game and pushing into social media, an arena long dominated by Tencent’s WeChat.  On Tuesday, the Beijing-based startup,...
  • Netflix is raising monthly fees for its US subscribers as it invests billions on original content in debt-fueled expansion. Photo: Reuters

    Netflix raises prices for US subscribers

    Jan 16, 2019 9:19am
    Video streaming giant Netflix is raising monthly fees for its US subscribers as it seeks to boost revenues amid heavy spending on original content and international expansion. Monthly subscription charges will go up 13 to 18...
  • Food delivery service platform Meituan is reportedly planning to enter the gaming business in a bid to improve profitability. Photo: Reuters

    China’s food delivery giant Meituan exploring gaming business

    Jan 15, 2019 3:16pm
    China’s food delivery-to-ticketing services platform Meituan-Dianping (03690.HK) is set to enter the gaming business. Tencent-backed (00700.HK) Meituan recently posted new gaming-related job offerings on its corporate website, Chinese media reported. It is looking for a senior front-end engineer (gaming),...
  • Apple must make a quick decision on the modem chip supplier for its latest iPhone models in order to catch up with the market's frenzied preparations for the advent of 5G technology. Photo: Bloomberg

    Apple must ride 5G wave to revive its iPhone fortunes

    - Jan 15, 2019 12:50pm
    Apple is under severe pressure amid the weak sales performance of its latest iPhone series, particularly in the Greater China market, and this has led the company to issue a profit warning to investors. In order to stimulate...
  • Google showcased new features of its voice-enabled digital assistant during the CES trade show in Las Vegas last week, Photo: Reuters

    Google Assistant makes a splash at CES

    - Jan 15, 2019 10:46am
    At the Consumer Electronics Show (CES) in Las Vegas, Google made a splash as it unveiled new features of the digital helper software Google Assistant and spoke about its integration to other devices. Google set up...
  • NBCUniversal is among the media giants that are jumping onto the streaming services bandwagon. Photo: Bloomberg

    NBCUniversal to launch streaming service in 2020

    Jan 15, 2019 10:11am
    NBCUniversal will launch a streaming media service in early 2020, going after a market dominated by Netflix and Amazon, Reuters reports. The ad-supported service, announced on Monday, will be available at no cost to NBCUniversal’s pay TV...
  • HSBC says it has settled over three million forex trades using blockchain in the last year. Photo: Bloomberg

    HSBC settles US$250 bln forex trades on blockchain in last year

    Jan 15, 2019 9:42am
    HSBC said on Monday that it has settled US$250 billion worth of forex trades using blockchain in the last year, Reuters reports. The London-headquartered bank settled over three million forex trades and made over 150,000 payments...
  • A notice promoting Tencent's WeChat Pay is displayed at a restaurant in China. The mobile payment service biggie is testing its own credit scoring feature, WeChat Pay Points. Photo: Reuters

    WeChat Pay pilots credit-scoring rival to Alibaba’s Sesame

    Jan 14, 2019 1:19pm
    Chinese social media and gaming giant Tencent (00700.HK) has started testing a consumer credit scoring system on its payment service WeChat Pay, taking on a rival service linked to arch-rival Alibaba Group’s Sesame Credit. According to...
  • Samsung has been sharpening its focus on India, where roughly 350 million users still do not use smartphones. Photo: Reuters

    Samsung plans budget smartphone series to take on Chinese rivals

    Jan 14, 2019 9:17am
    Samsung plans to launch a budget smartphone series in India ahead of a global release, aiming to regain ground ceded to Chinese rivals such as Xiaomi in the world’s second-biggest mobile phone market, Reuters reports. The three...
  • Huawei is said to be facing scrutiny in another key market in Europe. Photo: Reuters

    Poland could limit use of Huawei products: report

    Jan 14, 2019 9:00am
    Poland could consider banning the use of Huawei products by public bodies, a senior government official said on Sunday, following the arrest of a company official in the east European country last week, Reuters reports. The...
  • Blockchain platforms will be required to implement real-name registration for users via a national ID or telephone number, censor content and store user data. Photo: Bloomberg

    China sets blockchain rules to enable ‘orderly development’

    Jan 11, 2019 9:22am
    Chinese blockchain platforms will have to censor content, allow authorities access to stored data and check the identity of users under Beijing’s new rules, Reuters reports.  The Cyberspace Administration of China (CAC) said the regulations, which...
  • A WeChat logo is displayed in Guangzhou. The dominating messaging platform in China will soon be equipped with its own voice-activated digital assistant. Photo: Reuters

    Tencent to launch voice assistant for WeChat users

    Jan 10, 2019 1:35pm
    Chinese social media and gaming behemoth Tencent Holdings (00700.HK) is set to introduce a voice-activated assistant for WeChat, offering greater convenience to users of the messaging service in tasks such as playing music, ordering food and...
  • Apple chief executive Tim Cook has been providing an upbeat assessment of the company's outlook since its shares plunged after a profit warning last week. Photo: AFP

    How Tim Cook could win back investors’ hearts and minds

    - Jan 10, 2019 1:21pm
    After Apple’s shares sank following a profit warning about worse-than-expected quarterly revenue last week, chief executive Tim Cook has been trying to put a positive spin to the company’s outlook. Cook told CNBC’s Jim Cramer on...
  • Huawei could face hurdle in another overseas market as Washington urges Western nations to exclude the Chinese firm's equipment from 5G networks. Photo: Reuters

    Norway mulls exclusion of Huawei from 5G network

    Jan 10, 2019 9:36am
    Norway is considering whether to join other western nations in excluding China’s Huawei Technologies from building part of the Nordic country’s new 5G telecoms infrastructure. “We share the same concerns as the United States and Britain...
  • A Samsung executive shows off a new television during the 2019 CES industry event in Las Vegas on Jan 7. The Korean firm will offer direct access to Apple’s iTunes content via smart TVs. Photo: Reuters

    Why Apple is altering its OTT strategy

    - Jan 9, 2019 2:51pm
    Apple may not be participating in the Consumer Electronics Show that is underway in Las Vegas, but the company has still found itself grabbing the news headlines, thanks to a key announcement. The US tech giant...
  • Mobileye is leading a push among Israeli tech firms for a greater presence in the China market. Photo: Reuters

    Israel’s Mobileye strikes two new deals in China

    Jan 9, 2019 9:29am
    Mobileye, which makes technology for autonomous driving, said on Tuesday that it is expanding its business in China with two new partnerships, Reuters reports. One deal saw the Israel-based firm ink a memorandum of understanding with...
  • Facebook CEO Mark Zuckerberg said the discussions will all be public, either on his Facebook or Instagram page or other media. Photo: Bloomberg

    Facebook CEO plans public debates on future of technology

    Jan 9, 2019 9:25am
    Facebook Inc. chief executive Mark Zuckerberg will host a series of public discussions about the future of technology in society as part of his personal challenge this year, Reuters reports.  Zuckerberg sounded his plan in a...
  • TransUnion promises to strengthen the security of its computer system during a meeting of the Legislative Council's Panel on Financial Affairs on Monday. Photo: Bloomberg/HKEJ

    TransUnion online services suspended until security issues fixed

    Jan 8, 2019 5:13pm
    Consumer credit reporting agency TransUnion said its online services in Hong Kong will remain suspended until an ongoing investigation of security loopholes found in its computer system is completed. Appearing before the Legislative Council’s Panel on...
  • Xiaomi and TCL agreed to cooperate in the development of smart products and electronic devices. Photo: Bloomberg/AFP

    Why Xiaomi and TCL forged an alliance

    - Jan 8, 2019 1:02pm
    Xiaomi Corp. (01810.HK) continues to explore new business partnerships to boost its business. After Xiaomi announced that its Redmi smartphone brand will start operating independently, it was revealed that the Chinese technology firm had bought a...

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