Security

Huawei Teams With WorldRemit To Offer Mobile Payments In Africa

Chinese telecom device maker Huawei and digital transfer services provider WorldRemit reached a deal to offer international transfer services to Huawei's mobile phone users...

U.S. Payments Start-up Teams With Alipay, WeChat To Reach Chinese Consumers

Silicon Valley start-up company Stripe has reached deals with Chinese digital payment service providers Alipay and WeChat payment to enable global vendors to accept...

China's Cashless Alliance Gains New ATM Member

China's leading ATM company GRG Banking announced plans to join Cashless Alliance and the company said they would launch innovative products to better meet...

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...

Alipay Hong Kong Taxi Payments Could Be Its Killer App

It's one country, two systems for Alipay as it focuses on retail payments in Hong Kong, a special administrative region of China, with a...

Alibaba, China Telecom Seal New Deal For Network Services

Alibaba and China Telecom signed a comprehensive strategic cooperation agreement in Beijing that includes work on Internet of Things and payment services. Under the agreement,...

Cheetah Mobile's Live Show Subsidiary Gains USD60 Million Investment

Chinese mobile Internet security company Cheetah Mobile announced that its live show subsidiary Live.me Inc signed a USD60 million fund raising agreement. Cheetah Mobile currently...

Nobody At The Steering Wheel In Baidu's Apollo Project

Baidu has launched a new project named "Apollo", which will provide an open, complete, and secure software platform to its cooperation partners in the...

China's DJI Builds First Drone Product Line For Corporate Customers

Chinese drone maker DJI has now targeted corporate customers carrying ample budgets with a new drone product line for corporate users. DJI's drone products have...

Baidu's Latest Acquisition Strengthens Its Smart Home Services

Smart home technology company Raven Tech is reportedly being bought by Chinese search engine Baidu for an undisclosed sum. Chinese media report that Beijing-based Raven...

Chinese Search Engine Baidu Gains Online Banking License

Not only will China's biggest search engine have access to netizens' online search habits, it will soon also hold dominion over their bank accounts...

Shenxing Tech Raises Funds For Facial Recognition In China

Beijing-based facial recognition and artificial intelligence company Shenxing Tech has raised funds to expand its business in the public security sector and provide better...

Chinese Consortium Invests CNY20.6 Billion Into UK Data Centers

British data center company Global Switch, which is owned by the Reuben Brothers, has sold 49% of its shares to a consortium formed by...

Israeli Cloud Security Company Eyed By Chinese Firm

Chinese telecom device maker Huawei reportedly plans to acquire Israeli cloud database security start-up HexaTier for up to US$42 million. The two parties are expected...

Fujitsu Confirms PC Merger With Lenovo

Fujitsu's president Tatsuya Tanaka says his company hopes to sign a PC business merger agreement with China's Lenovo before March 31, 2017, which is...

China Mobile Inks "Internet Plus" Strategy With Alibaba In Beijing

One of the top buzzwords in China's Internet the past 18 months has been "Internet Plus", which is Premier Li Keqiang's focus on merging...

Beijing Facial Recognition Firm Closes Face-Saving Investment

Anyone who knows China understands the importance of face, and a Beijing startup is extending that social metaphor to the digital world with a...

China's Data Center Footprint Expands To Europe And Middle East

While it is still impossible for foreign data centers to setup wholly-owned operations in China, one of China's Internet darlings is expanding around the...

Cheetah Mobile Operating Revenue Up 9.7% In Q3 2016

Cheetah Mobile's financial report for the third quarter of 2016 financial year shows that its total operating revenue reached CNY1.128 billion, which was about...

Sunny Times For FangCloud's Latest Investment

Hybrid cloud computing services in China have gained more momentum with new investment into FangCloud Technology. The cloud services company claims to have raised US$8.4...
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