Truly International Sues Letv Zhixin To Get Back CNY240 Million Investment
Truly International Holdings Limited is using the courts to go after a subsidiary of embattled Chinese tech firm LeEco. Truly states that due to LeEco's...
ICOs Are Dead In China As Chinese Government Nixes Cryptocurrencies
Seven Chinese regulatory bodies issued initial coin offering rules that totally ban the practice by cryptocurrency and Bitcoin wannabes. ICOs are often compared to initial...
Alibaba To Build Northwestern Headquarters In Xi'an
To better support the development of China's western region and China's ambitious One Belt, One Road inititiative, Alibaba Group's chairman Jack Ma announced plans...
Alibaba Gambles On Smart City Development In Macau
Alibaba and the government of Macau Special Administrative Region signed a strategic cooperation framework agreement for the construction of smart city services in the...
Chinese Telecom Operators To Cancel Long-distance Call, Roaming Fees
China's three major telecom operators, China Telecom, China Mobile, and China Unicom, announced plans to cancel long-distance call fee and roaming fees within China...
Is There Anything To Fear About Apple's China Data Center?
News broke yesterday that Facebook-owned Whatsapp was partially filtered and blocked in China. This action comes a week after Apple announced it was complying...
Mobile Programmatic Ad Fraud Is Big With Entertainment And Education Apps
Many Chinese companies have risen on the back of mobile advertising, but a new report says fraud is rampant in the sector. Global ad revenue...
Hong Kong Loses Tech Business Champion
Mark O. Clift, the chief operating officer of Hong Kong's technology hub, passed away this week. The news was confirmed in a message from Pagan...
Xiaomi Reaches Patent Deal With Nokia
Xiaomi and Nokia have signed a business cooperation agreement and a multi-year patent licensing agreement covering cross-licensing of standard essential patents for mobile networks. At...
Chinese Government Demands Weibo Cease Streaming Video Services
The Chinese adage that the tall blade of grass gets cut first is definitely true this week, as China's top social media and microblogging...
LeEco To Close Cloud Disk Personal Services At End Of June 2017
The Chinese government's tightening noose on illegal Internet content has found its latest victim: LeEco. LeEco's cloud disk service announced service closure to individual users,...
China's Bitcoin Trading Value Soars In May 2017
In May 2017, the Bitcoin trading value in China reached CNY21.708 billion, four times that of April 2017. And the total Bitcoin value reached...
China's New Cybersecurity Law Carries Death Penalty For Some Offenses
China's latest cybersecurity law came into force last week and the sky did not fall and companies have not shuttered. After months of haranguing by...
Tencent May Have Just Defeated Baidu At Its Own Game In China
Baidu is a poorly-executed search engine. But with both government regulations handcuffing its development and lack of competition in China, it has never needed...
Alipay's Travel Tax Refund Service Arrives In Ten European Countries
Chinese Internet payment platform Alipay will launch a travel value-added tax refund service in ten countries in Europe to allow consumers to complete tax...
Tencent's Silicon Valley Data Center Opens While Foreign Firms Lack China Access
Tencent's Silicon Valley data center, which is the company's first data center in the U.S., has commenced operations. Tencent will build four additional overseas data...
Huawei's Data Center And Innovation Labs Bring Investment To New Zealand
New Zealand's government revealed that Chinese telecom device maker Huawei will invest NZD400 million, which is about CNY1.938 billion, in the country for data...
U.S. Government Penalty Impacts ZTE's Results For 2016
2016 was not a great year for Chinese telecommunications firm ZTE. The company says it had total losses of CNY767 million. ZTE published its performance...
Alibaba Reaches "Happy" Strategic Deal With Denmark
On the heels of Alibaba Chairman Jack Ma's overtures to American President Trump and to the Australian government with a new round of tech...
Skytech, Ant Financial Sign Cooperation Framework Agreement
Chinese software, integrated system, and technical services provider Skytech announced that the group has signed a cooperation framework agreement with Alibaba's online payment affiliate...
U.S. Government Extends ZTE's Temporary Export License
The United States Department of Commerce has reportedly agreed to extend ZTE's temporary export license to March 29, 2017, allowing American companies to continue...