Tech Giants

Chinese Police Crack Hackers’ USD87-Million Crypto Heist

Chinese Police Crack Hackers’ USD87-Million Crypto Heist

Chinese police have uncovered a case of serial virtual currency theft worth up to CNY600 million (USD87 million), and have detained the three suspected hackers implicated, authorities recently…

Aug 20, 2018
Chen Juan
Google, Microsoft Sign Up to 2018 World Artificial Intelligence Conference

Google, Microsoft Sign Up to 2018 World Artificial Intelligence Conference

Google and Microsoft have put their names down for the 2018 World Artificial Intelligence Conference, slated to take place in…

Aug 20, 2018
Qian Tongxin
JD.Com's 2nd-Quarter Net Revenues Plumb Post-IPO Low

JD.Com's 2nd-Quarter Net Revenues Plumb Post-IPO Low

JD.Com released its results for the second quarter ending June 30 yesterday, with core indicators such as revenues and net profit flaccid, thus pushing its share [NASDAQ:JD] price down.

Aug 17, 2018
Xu Wei
Tencent’s Shares Slide Further After First Profit Dip for at Least a Decade

Tencent’s Shares Slide Further After First Profit Dip for at Least a Decade

Tencent Holdings’ shares fell 3 percent after the Chinese internet giant announced the first decline in net profit in at least a decade, with poor performance in its gaming business to blame.

Aug 16, 2018
Qiu Zhili
JD.Com, Xiaomi Team Up to Build Data-Based Precision Marketing Platform

JD.Com, Xiaomi Team Up to Build Data-Based Precision Marketing Platform

China’s biggest online retailer JD.Com and tech and internet firm Xiaomi have teamed up to develop a targeted marketing platform that enhances user experience by offering more suitable ads.

Aug 15, 2018
Xu Wei
Alibaba Picks Kehua Hengsheng to Build, Run New Data Centers

Alibaba Picks Kehua Hengsheng to Build, Run New Data Centers

Alibaba Group Holding, one of China’s biggest tech firms, is turning to electronics equipment supplier Kehua Hengsheng for its cloud data center services.

Aug 15, 2018
Tang Shihua
TenPay to Start ID Checks After Man Sends USD11,600 to Wrong Person Via WeChat

TenPay to Start ID Checks After Man Sends USD11,600 to Wrong Person Via WeChat

China's internet giant Tencent Holdings will adopt real-name verification on its third-party payment platform TenPay to adhere to regulator's requests regarding recent blunders in money transfers.

Aug 14, 2018
Liao Shumin
Samsung Denies Reports of Plan to Halt Smartphone Output at China Plant

Samsung Denies Reports of Plan to Halt Smartphone Output at China Plant

Samsung has contradicted media reports that the world’s top smartphone seller may close a plant in China that turns out its mobile phones because of slowing sales and rising labor costs.

Aug 14, 2018
Xu Wei
Samsung Mulls Halting Tianjin Production as Smartphone Market Slows Down

Samsung Mulls Halting Tianjin Production as Smartphone Market Slows Down

Samsung wants to make its northeast China production unit more efficient and competitive as growth in the smartphone sector slows…

Aug 14, 2018
Xu Wei
JD.Com, Zhejiang Zhenyuan Pair to Build Drug Distribution Center

JD.Com, Zhejiang Zhenyuan Pair to Build Drug Distribution Center

Chinese e-commerce colossus JD.Com will join with Zhejiang Zhenyuan Pharmaceutical to build a leading regional smart pharmaceutical logistics and warehousing center in Zhejiang province in southeastern China.…

Aug 13, 2018
Tang Shihua
Alibaba, Tencent Eye Opening in South Korea’s Internet Banking Sector

Alibaba, Tencent Eye Opening in South Korea’s Internet Banking Sector

Reports that South Korea could lift restrictions on private shareholdings in internet banking firms could provide new opportunities for China’s…

Aug 8, 2018
Quan Xiaoxing
B-Soft, Tencent Team to Tout AI Image Recognition in Medical Info Platforms

B-Soft, Tencent Team to Tout AI Image Recognition in Medical Info Platforms

B-Soft, Tencent Team to Tout AI Image Recognition in Medical Info Platforms. Internet behemoth Tencent Holdings will unite with healthcare…

Aug 7, 2018
Liu Jing & Tang Shihua

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