WeChat-owner Tencent buys stake in rival Kik
Popular chat app Kik has secured $50m funding boost from Chinese web giant Tencent, owner of rival social media apps WeChat and QQ.
China
Macy’s to test e-commerce in China
The US retailer has teamed up with Hong Kong based Fung Retailing Ltd., to conduct and e-ecommerce pilot venture in mainland China via Alibaba’s Tmall Global, an online marketplace linking world-wide retailers to the Chinese consumer. The business will be called Macy’s China Ltd., and will operate out of Hong Kong. Product will be selected … [Read more…]
‘Egg’ batteries give new life expectancy to future smartphones
Aluminium could give a big boost to capacity and power of lithium-ion batteries. The mobile internet and smartphones have long been challenged by battery-life. The big problem are the electrodes in rechargeable batteries. They need to expand (during charging) and then shrink as the power is used. This leads to irreversible damage that shortens the … [Read more…]
Alibaba and Unilever strike ecommerce partnership in China
Chinese ecommerce giant Alibaba and Unilever have partnered to enable the international FMCG group to reach more Chinese consumers.
Hitachi AI to help complex decision making
Hitachi has developed new AI technology designed to come up with solutions to contentious scientific or economic issues based on big data.
BBC iPlayer ‘watched by more than 60 million people outside the UK for free’
Nearly 65 million people around the world are bypassing internet restrictions to watch the BBC’s shows online, according to new research.
China mobile social media users to reach 335.9m in 2015
China mobile social networking users will reach 335.9 million this year, up 20.7% on 2014, according to new research.
Baidu’s global market share drops nearly 8%
Chinese search giant Baidu saw its global market share fall to 7.52% in June 2015, according to new research.
Bigger than Black Friday? Amazon creates Prime Day
Amazon is to run a huge day of sales on July 15 to celebrate its 20th birthday to rival the likes of Black Friday in the US and Singles Day in China.
Greece halts online payments: citizens seek Bitcoin salvation
Admist Greece’s ongoing financial crisis, the government has stopped online payment transactions from going ahead using Greek debit or credit cards.