Security

Android Pay Formally Enters Hong Kong Retail Stores

Google's Android Pay has formally entered Hong Kong and will be available in many local banks and retail stores catering to the nearly eight...

SaaS Firm Raises Funds From Chinese Property Developer

Shanghai-based data storage and security SaaS firm Owtware Technology Ltd. says it has raised US$15 million. Zhongnan Capital, a direct investment fund under Chinese property...

Meituan Dianping Gains Payment License Via Acquisition

Internet lifestyle service and group buying platform Meituan Dianping announced that they have completed the acquisition of Qiandai.com, a third-party payment company in China. With...

Kingsoft Group Announces CEO Change

China's Kingsoft Group announced that its current chief executive officer Zhang Hongjiang will retire on December 1, 2016 and Zou Tao, current chief executive...

New Chinese Tech Deal Aims At Fewer Auto Deaths

Road safety is a hot topic in China with news this week that a driver in China reportedly died while his Tesla car was...

Chinese Fintech Firm Buys American Cybersecurity Company

Ant Financial, the fintech company running's Alibaba Alipay affiliate, has just purchased an American cybersecurity firm for US$70 million, according to local media. Ant Financial...

Xiaomi's Online Payment Service Opens In China

China's Xiaomi cooperated with China UnionPay in launching its payment service MI Pay. With this move, Xiaomi becomes yet another smartphone maker that chas ooperated...

SSqian Raises More Funds To Expand Digital Signature Services

Seeking to capitalize on a proposed government regulation requiring online lending businesses to use electronic signatures, venture capitalists have poured money into SSqian, a...

Two Chinese Banks Hit By Internet Phishing Scams

Bank of China Hong Kong and Hang Seng Bank have both issued warnings in recent days about Web-based attacks targeted at bank customers in...

Chinese Companies Dump VPN Services For Opera Acquisition

Virtual private networks are maybe so abundant in China that a group of Chinese acquirers now have no need for Opera's VPN services. A Chinese...

Online News In China Gets Wakeup Call

News media in China ostensibly operate to reinforce and promote the edicts and values of the government. And the government and Party do not seem...

Here's Where You Can Use Apple Pay In Hong Kong

Hong Kong consumers who have long relied on the contactless Octopus payment service now have an alternative. Apple Pay launched in Hong Kong and...

IoT Smart Home Development Boost As Midea Joins With Huawei

The southern Chinese city of Shunde in Guangdong was the site last week for Huawei's consumer business CEO Yu Chengdong and Midea Group's chairman...

Chinese Outbound Tourists To Singapore Gain Enhanced Payment Services

The leading Chinese online payments provider is seeking worldwide partners to establish a mobile service ecosphere with overseas airports, department stores and dining scenes...

Lenovo Computers Again Shown To Have Security Flaws

Ethical hacker and security researcher Dymtro Oleksiuk revealed that Lenovo's computers have security vulnerabilities and hackers could bypass Windows security protocol to attack those...

Microsoft Changes Greater China CEO

Microsoft announced that its Greater China Chairman and CEO Ralph Haupter will become Microsoft worldwide senior vice president and Asia Pacific president and will...

Is China Unicom's Entry Into Fintech Sign Of A Bubble?

Fifteen years ago, some staid Chinese manufacturers got sexy by calling themselves Internet companies, and China Unicom's latest move into the very busy fintech...

Lenovo Launches Entrepreneurship Accelerator In Hong Kong

Focusing on supporting entrepreneurial start-ups specializing in cutting-edge technologies such as artificial intelligence, big data, and robotics, China's Lenovo Group has bet big on...

China's Baidu Makes American Blockchain Investment

Chinese search engine Baidu.com has made a fintech investment in an American blockchain company. U.S. Bitcoin start-up Circle Internet Financial announced that they gained USD60...

Ant Financial To Acquire 20% Stake In Thai Payment Company

Alibaba's financial subsidiary Ant Financial reportedly plans to acquire a 20% stake in Ascend Money, an electronic payment and small loan company in Thailand,...

China Bans Apple's Latest iPhones Over Patent Dispute

Investors eyeing Apple's China growth with anticipation have had their bubbles popped today with news that the tech company was ordered to stop selling...
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