China

  • The forgotten ‘Facebook of China’ is sold for $20M Renren, which was once heralded as the ‘Facebook of China’ and later became China’s answer to MySpace after falling out of fashion among its core young users, is selling its social networking business. Renren’s parent company Beijing Qianxiang Wangjing has agreed to sell all tangible and intangible assets of renren.com to Beijing Infinities Interactive Media, ...
  • Why the future of Chinese e-commerce is in its rural areas China announced a mere 6.7 percent economic growth in July 2018, the lowest growth rate since 2016. Despite a slowdown in overall economic growth, Chinese e-commerce has only increased, accounting for 40 percent of all worldwide e-commerce today. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • China’s NetEase raises $600M for its music streaming business As Tencent Music, China’s largest streaming firm, reportedly stalls on its proposed U.S. IPO, one of its closest challengers is doubling down. NetEase Cloud Music, a rival operated by games and publishing giant NetEase, just closed a fresh $600 million injection from a bevy of investors that include Baidu and General Atlantic, the company announced ...
  • Chinese WeWork rival Ucommune raises $200M to go after international growth China’s Ucommune, the country’s largest rival to WeWork, has been on a busy acquisition spree to build out its domestic business and now it is looking at overseas opportunities after it closed a $200 million Series D funding round. The new round was led by Hong Kong-based All-Stars Investment with participation from Chinese investment bank ...
  • 11/11 shows biometrics are the norm for payments in China Chinese consumers were quick to adopt digital payments, and a recent shopping binge showed they are ready for another leap: biometric payments. On November 11, Alibaba wrapped up Singles’ Day – the world’s largest shopping event – and hauled in $30.8 billion in total transactions, a staggering amount bigger than Cyber Monday and Black Friday combined. ...
  • Canada still hoping to secure a comprehensive free-trade deal with China International Trade Minister Jim Carr says China’s interest in so many Canadian products could ultimately lead to a comprehensive trade agreement Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new ...
  • Alibaba made a smart screen to help blind people shop and it costs next to nothing Just a few years ago, Li Mengqi could not have imagined shopping on her own. Someone needed to always keep her company to say aloud what was in front of her, who’s been blind since birth. When smartphones with text-to-speech machines for the visually impaired arrived, she immediately bought an iPhone. “Though it was expensive,” ...
  • In venture capital, it’s still the age of the unicorn Howie Xu Contributor Share on Twitter Howie Xu is the vice president of artificial intelligence and machine learning at Zscaler. He previously co-founded TrustPath and served as an entrepreneur in residence at Greylock. This month marks the 5-year anniversary of Aileen Lee’s landmark article, “Welcome To The Unicorn Club”. At the time, the piece defined ...
  • Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing Alibaba scored another blockbuster Singles’ Day after customers around the world shopped in stores and online on the tenth edition of its November 11 shopping festival. That puts this year’s gross merchandise volume – a measure for the dollar value of total transactions – at a staggering $30.8 billion, although the company recorded its lowest-ever ...
  • The top 10 cities for $100M VC rounds in 2018 so far Crunchbase News recently profiled a selection of U.S. companies’ largest VC raised in 2018, and no surprise here: the 10 largest rounds all topped out well north of $100 million. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Canada Pension Plan eyes Chinese assets as trade tensions hit valuations The CPPIB has 8 per cent of its funds invested in China and has said it expects to increase that number significantly in the next few years Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • Calling all hackers! Join us for TechCrunch China’s Shenzhen Hackathon on Nov 17 Attention coders, designers and all other builders: the TechCrunch China Hackathon is returning to Shenzhen, the city known as the hardware capital of the world, this month and we want you to take part! So if your inner being is to code, design, build and hack cool things; if you want to have fun with others like ...
  • Travel activities startup KKday lands investment from Alibaba and Line Taiwan’s KKday, a startup in the increasingly competitive travel activities space, has pulled in an undisclosed funding round that adds two strategic investors to its business: Chinese e-commerce firm Alibaba and Japanese chat app company Line. KKday was founded in 2015 to help people who travel overseas to find and book activities, ranging from tours ...
  • With a new deal for customers and a fresh $23 million, Mayvenn extends its hair care business Pitching customers a new, all-inclusive service for buying and installing hair, Mayvenn is looking to significantly expand its haircare business and just raised $23 million in a new round of funding to do it. The new financing was led by Essence Ventures — and it represents the first outside investment by the  holding company owned ...
  • A Chinese recession is inevitable – don’t think it won’t affect you | Kenneth Rogoff Analysts say a Chinese recession would only hurt the region. That may be wishful thinkingWhen China finally has its inevitable growth recession – which will almost surely be amplified by a financial crisis, given the economy’s massive leverage – how wi… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • China can apparently now identify citizens based on the way they walk China is home to the world’s largest network of CCTV cameras — over 170 million — and its police have adopted Google Glass-like ‘smart specs’ to seek out suspects in crowds, but now its surveillance efforts have hit a new level with technology that can apparently identify individuals based on their body shape and the way ...
  • Alibaba rival JD.com plays the long-game on technology investment China’s JD.com  has made it clear recently that it’s venturing into artificial intelligence and automation. Every few months over the past year, the online retailer – China’s second-largest by transactions after Alibaba – has unveiled new products based on cutting-edge technology: for example drone delivery, self-driving trucks, fully automated warehouses, to name a few. Most ...
  • Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Tarform debuted new e-motorcycles but is there a U.S. market? Naspers announces $300 million initiative to support startups and tech in South Africa Africa’s VC landscape is becoming more ...
  • China’s frenzy over League of Legends championship sheds light on esports growth When China’s Invictus Gaming defeated European squad Fnatic in the League of Legends 2018 finals this past Saturday, China’s social media platforms became awash in ecstasy and pride. “It’s like winning an Olympic gold, a teenage dream come true,” writes one thirty-something audience of the competition on his WeChat feed. Many others share that sentiment. ...
  • Trade wars bite as China’s private sector growth hits 28-month low – business live China has suffered a ‘broad-based slowdown’, economists warn, as growth hits its lowest since June 2016Introduction: China’s service sector growth stalled last monthComposite PMI fell from 52.1 to 50.5, near stagnation 8.35am GMT European stock markets… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Xi Jinping promises to open Chinese markets in trade war joust with Trump Leader portrays China as champion of globalisation ahead of talks with US president at G20 – but Asian shares continue to slideXi Jinping has promised to lower import tariffs and improve access to the Chinese market in remarks meant to portray his coun… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • US-China trade deal fears and rising rates put dampener on global rally FTSE 100 closes down 18 points while Wall Street drops after release of strong jobs market dataA strong week for global stocks has ended on an uncertain note at a time of fears over delays to resolve the American trade dispute with China and concerns o… Share this:Click to email this to a friend (Opens in ...
  • How did Iran find CIA spies? They Googled it Yahoo News report points to exposure of CIA communications causing deaths of dozens. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new ...
  • Tencent is launching its own version of Snap Spectacles Some were surprised to see Snap release a second version of its ‘face-camera’ Spectacles gadget, since the original version failed to convert hype into sales. But those lackluster sales — which dropped as low as 42,000 per quarter — didn’t only fail to dissuade the U.S. social firm from making more specs, because now Tencent, ...
  • Markets surge after Trump hints at China trade deal – business live Rolling coverage of market reaction to Donald Trump’s trade optimism and US non-farm payrolls 10.12am GMT Simon Wright, the chief executive of Crossrail, will be replaced by the head of the London Underground following the government’s £350m bailout of… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Shares soar as Trump hints at possible US-China trade deal The president’s positive remarks about a call with Xi Jinping, and a report that he has asked officials to draw up terms, lift battered markets Asian shares have surged on reports that Donald Trump wants to reach an agreement with Chinese president Xi … Share this:Click to email this to a friend (Opens in new window)Click ...
  • New data shows China has “taken the gloves off” in hacking attacks on US The new normal: More sophisticated attackers, more destructive attacks. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to share on ...
  • Baidu hits the gas on autonomous vehicles with Volvo and Ford deals China’s search engine giant Baidu is continuing its partnership spree for Apollo, its open development platform for autonomous driving, after it inked a deal with Swedish automaker Volvo to develop level four self-driving passenger cars. “Autonomous driving has been our dream, but it’s coming true,” said Li Zhenyu, vice president and general manager of Baidu’s ...
  • China’s Youon expands into Europe as other bike startups backpedal worldwide A little known Chinese bike company is riding into Europe as its peer Ofo has applied the brakes to its global expansion strategy in recent months. Youon, which gets by manufacturing public bikes for city governments across China, has formed a joint venture with UK-based bike-sharing startup Cycle.land, it says in a statement. The deal ...
  • China reveals trade war strain as yuan slides and manufacturing stalls Tensions with the US are beginning to bite amid a wider slowdown in the world’s second biggest economyThe Chinese economy has revealed fresh signs of struggling to cope with the pressure of a trade war with the US and a wider slowdown at home as manufa… Share this:Click to email this to a friend (Opens in ...
  • Russia’s only aircraft carrier damaged as its floating dry dock sinks One worker missing, four injured; Admiral Kuznetsov‘s hull gashed by crane. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to ...
  • Uber investor Hillhouse goes after food and beverage startups with $100M fund The food and beverage market is having a moment as venture capital money sloshes around looking for its high-potential startups. Hillhouse Capital, the China-based investment fund that counts Airbnb, Uber, Baidu, and Tencent and several other tech heavyweights in its portfolio, has set up a $100 million fund with San Francisco-based private equity firm VMG ...
  • Car industry shares rally after reports of China vehicle tax cut Financial stocks also boosted by HSBC results as FTSE 100 enjoys best day for weeksShares in carmakers were boosted on Monday by a report that China is considering cutting vehicle sales tax to boost demand, helping European stock markets rebound after … Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Naspers announces $300 million initiative to support startups and tech in South Africa Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Marieme Diop and Shikoh Gitau to speak at Startup Battlefield Africa Local venture capital fund formation is on the rise in Africa, led by Nigeria Naspers announced a $100 million ...
  • Apple Store Expansion in China Said to Have Slowed Due to Red Tape, Fraud, and Other Factors In 2015 and 2016, Apple aggressively expanded its retail presence in China with 30 new stores, according to the Apple Storefronts tracker. Since the start of 2017, however, Apple has opened just five new locations in the country. Apple’s newest stor… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Apple Investigating Report of Forced Student Labor at Chinese Factory Apple today said it is “urgently investigating” a report that claims Apple Watch manufacturer Quanta Computer has subjected teenage students to illegal work conditions at its factory in the Chinese city of Chongqing. “We are urgently investigating… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Southeast Asia’s Grab pulls in $200M from travel giant Booking Fresh a strategic investment from Microsoft, Southeast Asia’s ride-hailing leader Grab is back in the money again after it closed $200 million in fresh capital from Booking Holdings, the travel firm formerly known as Priceline. The investment is part of an ongoing round of funding that Grab said is on course to reach $3 billion ...
  • Markets edgy in worst month since the financial crisis – business live All the day’s economic and financial news, as shares drop in China but push higher in Europe Latest: Euro drops as Merkel gives up CDU leadershipBloomberg: World markets have lost $8trillion in OctoberShanghai Composite Index has lost 2% todayFTSE 100 … Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • The SaaS VC gap: China & other markets trail the US Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor International growth, primarily in China, fuels the VC market today Corporate venture investment climbs higher throughout 2018 Chinese startups rule the roost when it comes to total reported venture dollars raised so far in 2018. ...
  • Big tech must not reframe digital ethics in its image Facebook founder Mark Zuckerberg’s visage loomed large over the European parliament this week, both literally and figuratively, as global privacy regulators gathered in Brussels to interrogate the human impacts of technologies that derive their power and persuasiveness from our data. The eponymous social network has been at the center of a privacy storm this year. And ...
  • China’s ByteDance leapfrogs Uber to becomes world’s most valuable startup Move aside Uber, China’s ByteDance is now the world’s highest-valued tech startup. That’s according to reports from Forbes and Bloomberg both of which claim that the company has completed a $3 billion investment that values the company at $75 billion. A source with knowledge of the deal confirmed the round to TechCrunch and suggested that ...
  • China’s NIO invests in LiDAR startup Innovusion Innovusion, a two-year-old startup developing LiDAR sensor technology for autonomous vehicles, has raised $30 million in a Series A funding round co-led by Chinese firms Nio Capital and Eight Roads Ventures along with U.S.-based F-Prime Capital. Other seed round and strategic investors joined the round, the startup said. Nio Capital is the venture arm of ...
  • Xiaomi looks set to smash its 100M sales target for 2018 Despite share price struggles, Xiaomi has revealed that it is on track for a record sales year which will see it easily surpass its goal of selling 100 million smartphones in 2018. Wang Xiang, the executive in charge of the Chinese firm’s international business, said on Twitter that he expects to hit its 2018 100 million ...
  • Tesla to bring portion of Model 3 production to China next year Tesla, which reported its first quarterly profits in two years Wednesday, is looking to extend its earnings streak by bringing its new Model 3 to customers beyond North America. And part of that plan involves accelerating its manufacturing plans in China. Tesla saw its revenue skyrocket to $6.8 billion in the third quarter (and a $312 ...
  • Australian share market in freefall amid fears over global economy Benchmark ASX200 falls 2% as Chinese central bank injects liquidity for fifth dayAustralian shares have slumped to a 12-month low as the market entered an official correction phase amid concerns about the strength of the global economy.After the worst … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Trump has two ‘secure’ iPhones, but the Chinese are still listening President Trump has three iPhones — two of them are “secure” and his third is a regular personal device. But whenever the commander-in-chief takes a call, his adversaries are said to be listening. That’s according to a new report by The New York Times, which put a spotlight on the president’s array of devices — ...
  • Mobvoi launches new $200 smartwatch and $130 AirPods alternative Chinese AI company Mobvoi has consistently been one of the best also-rans in the smartwatch game, which remains dominated by Apple. Today, it launched a sequel to its 2016 TicWatch, which was a viral hit raising over $2 million on Kickstarter, and it unveiled a cheaper take on Apple’s AirPods. The new TicWatch C2 was outed at a ...
  • Global markets take fright at cocktail of geopolitical risks US/China trade dispute, US interest rates, Brexit and Italy’s budget spook investorsWall Street and European stock markets followed Asian shares lower on Tuesday, as investors around the world took fright at the increasingly fractious global geopolitic… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Stock market investors are finally facing up to global turmoil Early declines signalled acknowledgment of US-China trade war and other eventsStock market investors’ ability to ignore big geopolitical events is legendary. Give them a whiff of lower interest rates and most big-picture troubles can be relegated to th… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Supermicro CEO Joins Cook in Calling for Bloomberg to Retract Supply Chain Hack Story Last week, Apple CEO Tim Cook called on Bloomberg to retract a highly controversial story suggesting Chinese spies planted microchips in the Supermicro server motherboards used in Apple’s data facilities, saying there was no truth to Bloomberg’s claims… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • China’s stock market surges on stimulus hopes – business live Rolling coverage of the latest economic and financial news, as the Shanghai stock market leaps by over 4% 7.47am BST Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.“Any words and… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Why $1 Ebay Yoga Pants Could Be the Latest Victim of President Trump’s Trade War With China American shoppers may have to kiss goodbye to the $1 yoga pant deals with free shipping from Chinese sellers that have sprung up on EBay and other e-shopping platforms after the latest salvo in President Donald Trump’s trade war. Trump’s ordering of the U.S. Postal Service to withdraw from an obscure 192-nation postal treaty threatens… Share ...
  • China is funding the future of American biotech Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been a record year for US medical investing, but investors in Beijing and Shanghai are now increasingly leading the largest deals for US life science and biotech companies. In fact, Chinese venture firms have invested more this ...
  • China moves quickly in bid to counter sharp slowdown in economy Vice-premier and central bank governor intervene as GDP grows at lowest rate since 2009 Chinese officials have reacted quickly to a sharp slowdown in growth at the world’s second largest economy, promising that it remained strong despite an escalating … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Apple CEO Tim Cook Calls on Bloomberg to Retract Supply Chain Hack Story: ‘There’s No Truth to This’ For the first time since Bloomberg published a highly controversial story suggesting Chinese spies planted microchips in Supermicro server motherboards Apple used in its iCloud facilities, Apple CEO Tim Cook has gone on the record to vehemently deny th… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • China growth slowest since financial crisis as trade war looms – business live Economic growth of 6.5% in the third quarter was the weakest since early 2009 and is expected to slow further as the effects of China’s trade war with the US take hold 8.27am BST Putting China’s growth figures in context, Neil Wilson at markets.com say… Share this:Click to email this to a friend (Opens in new ...
  • ‘This is next-level geopolitics’: USMCA China trade clause will test how willing Canada is to tempt fate with U.S. APMA president Flavio Volpe speaks with the Financial Post’s Larysa Harapyn about how the USMCA’s China trade clause could impact supply chains in Canada Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter ...
  • Cryptocurrency wallet startup Cobo raises $13M Series A to enter the U.S. and Southeast Asia Cobo, a cryptocurrency wallet startup headquartered in Beijing, has raised a $13 million Series A to enter new international markets. The round was led by DHVC and Wu Capital, a family office based in China. Cobo plans to expand in the United States and Southeast Asia, in particular Vietnam and Indonesia. Cobo is also now ...
  • Apple Apologizes After Stolen Apple ID Credentials Aided in Phishing Attack in China Apple has formally apologized to users in China over the hacking of some Chinese accounts in a series of phishing scams that hit the country last week. The successful phishing attacks used stolen Apple IDs to gain access to customer funds, leading to “… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Google CEO Sundar Pichai speaks publicly for the first time about its censored China search engine Commenting publicly for the first time about Google’s censored search engine for China, CEO Sundar Pichai said onstage at the WIRED 25 summit in San Francisco that the company is taking “a longer-term view” about the country. Codenamed Project Dragonfly, the controversial development has been public knowledge since a report in August by the Intercept, ...
  • Chinese electric automakers Nio exceeds Q3 delivery target for its ES8 SUV Nio, the Chinese electric automaker aiming to compete with Tesla, reported that it delivered 3,268 of its new ES8 vehicles in the third quarter, beating its own target by 9%. The company planned to deliver between 2,900 and 3,000 ES8s in the third quarter, according to Nio CFO Louis T. Hsieh. Nio began deliveries of the ...
  • U.S. lawmakers warn Canada to keep Huawei out of its 5G plans In a letter addressed to Canadian Prime Minister Justin Trudeau, Senators Mark Warner and Marco Rubio make a very public case that Canada should leave Chinese tech and telecom giant Huawei out of its plans to build a next-generation mobile network. “While Canada has strong telecommunication security safeguards in place, we have serious concerns that ...
  • Kuo: Apple Has Opportunity With iPhone XR in China as Chinese Rivals Face ‘Lower Than Expected’ Demand In a research note obtained by MacRumors, Apple analyst Ming-Chi Kuo said cumulative smartphone shipments from four major brands on the Chinese market, including Huawei, Oppo, Vivo, and Xiaomi, declined 10 percent on a year-over-year basis during China… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Kaspersky Lab Says Report Claiming China Hacked Apple’s Former Server Supplier is Likely ‘Untrue’ Russia-based cybersecurity company Kaspersky Lab today said that while “hardware supply chain attacks are a reality,” evidence suggests Bloomberg Businessweek’s report about Chinese intelligence tampering with server motherboards manufactured by Apple’… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Why are stock markets falling and how far will they go? The FTSE 100 has plunged 10% since May and Wall Street suffered its biggest drop in 8 months this week. What’s going on?A volatile week across global stock markets has escalated into a heavy sell-off, with European stock markets plunging to their lowes… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • A ‘weak link’ no more? New trade deal prods Canada to stop Chinese counterfeits headed for U.S. Canada was the fourth largest source of the 34,000 counterfeit shipments seized by American authorities last year Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • IMF boss defends Federal Reserve after Trump calls it ‘crazy’ Christine Lagarde says policy of raising US interest rates ‘legitimate and necessary’The boss of the International Monetary Fund has defended the Federal Reserve’s interest rate rises as “legitimate and necessary”, after Donald Trump said the central b… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Why are markets plunging and which stocks are worst hit? Rising US interest rates, trade war tensions and uncertainty in Italy provide a volatile mixA volatile week across global stock markets has escalated into a frenzied sell-off, with European stock markets plunging to their lowest level in 20 months on T… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Climate change will make the next global crash the worst | Larry Elliott The storm clouds are gathering, but the world’s economies now have far fewer shelters from disaster than they did in 1929Late last month Indonesia was hit by a devastating earthquake and tsunami that left thousands of people dead and missing. This week… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • World stock markets dive as Trump attacks ‘crazy’ US rate hikes President adds to borrowing costs concern as China tension fuels febrile market moodShares in the Asia-Pacific region dropped sharply on Thursday following a big sell-off on Wall Street overnight as Donald Trump condemned “crazy” US interest rate hikes… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • NSA Senior Advisor Latest to Question Report Claiming China Hacked Apple’s Former Server Supplier Rob Joyce, Senior Advisor for Cybersecurity Strategy at the NSA, is the latest official to question the accuracy of Bloomberg Businessweek’s bombshell “The Big Hack” report about Chinese spies compromising the U.S. tech supply chain. “I have prett… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Apple Said to Have ‘Dramatically Reduced’ Multi-Billion-Dollar iPhone Repair Fraud in China Within the past four years, Apple has managed to “dramatically reduce” the rate of iPhone-related repair fraud in its retail stores in China, according to The Information’s Wayne Ma. The report is based on interviews with more than a dozen former Apple… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • China’s fast-rising Bullet Messenger hit with copyright complaint Bullet Messenger, a fast-rising Chinese messaging upstart that’s gunning to take on local behemoth, WeChat, has been pulled from the iOS App Store owing to what its owners couch as a copyright complaint. Reuters reported the development earlier, saying Bullet’s owner, Beijing-based Kuairu Technology, claimed in a social media posting that the app had been taken down ...
  • IMF cuts forecast for global growth for first time in two years as trade war takes toll Risks to the global outlook have risen in the last three months and tilt to the downside, the IMF warns Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click ...
  • Trump’s trade war with China and Europe will hit global growth – IMF UK’s outlook for 2019 stays at 1.5% but previous forecast for 1.3% this year cut to 1.1% Donald Trump’s trade war with China and Europe is forecast to hit global growth this year and reverberate through 2019, the International Monetary Fund has warned … Share this:Click to email this to a friend (Opens in new window)Click ...