Xiaomi Group recently published its financial report for the third quarter of 2020, stating that the group’s total revenue reached CNY72.2 billion, a year-on-year increase of 34.5%. Its net profit after adjustment was CNY4.1 billion, a year-on-year inc…
During JD’s global technology explorer conference, the company announced to formally establish JD Explore Academy to attract top talents from all over the world. It is said that JD Explore Academy will focus on six major digital and intelligent technol…
The UK plans to create a new agency to regulate large tech companies such as Google and Facebook. Starting in April 2021, the newly minted Digital Markets Unit (DMU), which will be a part of the country’s existing Competition and Markets Autho…
Amazon plans to give its frontline employees who help it through the busy holiday shopping season a special bonus (via CNET). The company will give full-time US employees who work December 1st through to December 31st an extra $300 at the end …
Amazon warehouse workers in several countries are planning to carry out strikes and protests on Black Friday, one of the biggest sales events of the year for the company. Among other things, they’ll call on Amazon to improve pay and safety conditions…
According to reports in foreign media, Hon Hai plans to invest USD270 million to enlarge its product line in Vietnam. Hon Hai will establish a new company named FuKang Technology Company limited in Vietnam. Vietnam is reportedly the largest production …
If your business has been struggling with COVID-19 issues, this post can help you set up a strategy to tackle Google Ads and the ever-changing advertising market.
Post from Hannah O’Brien
Game developer and publisher Square Enix says it will allow the majority of its employees to work from home on a permanent basis. Starting on December 1st, the company will designate each individual worker as either home- or office-based. In b…
Waymo’s self-driving passenger service is once again facing the risk of a another COVID-19 shutdown, and those involved are reportedly taking no chances. CNBC says it has obtained email from a Waymo partner warning staff of stricter “COVID Saf…
Starting next year, Comcast will implement a 1.2TB data cap on broadband usage in 12 states and the District of Columbia. The company has had a data cap since 2016, but this is the first time it will enforce it across all 39 states where it of…
According to reports in Chinese local media, Xiaomi China chief marketing officer Yang Zhe has resigned due to health reason. In June 2020, Yang joined Xiaomi as group vice president and China CMO, leading the company’s marketing strategy formulation a…
The future of a virtual reality startup offering in-person experiences is in doubt as a consequence of COVID-19. Protocol is reporting that The Void, which produced titles like Avengers: Damage Control, has been taken over by creditors after e…
For the time being, David Fincher is a Netflix man. Speaking with French magazine Premiere, the director revealed that he’s signed an “exclusive contract with them for another four years.” [Note: The report was originally written in French, bu…
For the time being, David Fincher is a Netflix man. Speaking with French magazine Premiere, the director revealed that he’s signed an “exclusive contract with them for another four years.” [Note: The report was originally written in French, bu…
Intel processors are on their way out, replaced by home-grown designs, which will give the Mac maker more control of its destiny.
Huawei may sell its budget technology brand to a coalition of buyers that includes major partners and even the local Shenzhen government. Reuters is reporting that Honor, the low-er end arm of Huawei’s sprawling tech conglomerate, will be sold…
According to the latest information from Shenzhen Stock Exchange, Baofeng Group will be formally delisted. As of November 9, 2020, Baofeng Group’s closing price was CNY0.28 per share, a decrease of 3.45%; and its market value was only CNY92.267 million…
Cainiao’s another eWTP digital hub recently started formal operation in Kuala Lumpur, Malaysia, which will help the country become a high-growth regional logistics center, bringing localized delivery within 24 hours and cross-border delivery within 72 hours. It is said that this hub is located next to Kuala Lumpur International Airport with an area of over […]
Cainiao’s EWTP In Malaysia Starts Operation comes via ChinaTechNews.com.
The arcade industry has unsurprisingly taken a steep hit during the COVID-19 pandemic, and that’s leading Sega to bow out. Eurogamer reports that Sega Sammy Holdings has sold 85.1 percent of its Japanese arcade business, Sega Entertaiment, to …
Ballot measures were approved in California to restrict commercial use of user data and in Michigan to require warrants for searches of electronic information.
Chinese online game company 37 Interactive Entertainment recently released its report for the third quarter of 2020. The report showed that the company’s operating revenue for the third quarter was CNY3.3 billion, a year-on-year decrease of 5.39%; and …
According to reports in Chinese local media, Xiaomi recently purchased a commercial site for CNY531 million. The site is located in the central area of Houhai in Nanshan, next to China Resources Shenzhen Bay Ruifu and China Resources Tower. Alibaba, To…
Apple just released its Q4 2020 earnings, and as usual, the numbers for July through September illustrate the company in a sort of transitional part of the year. Since this is 2020, though, hardly anything could be described as business as usu…
We live in increasingly uncertain times and work in a complex industry. COVID-19 made it clear that we live in a volatile, unstable, complex and ambiguous world, as it struck digital marketing agencies with a 40% reduction in the media spend they managed for their clients. It represented the greatest data disruption in digital history. But digital marketing agencies have been on unstable ground for a while as they continuously embrace and adopt artificial intelligence at an accelerating pace involving more automation and less access to data residing in the data bubbles of the largest media owners. Add to this…
Post from Barry Adams
Halo Infinite director and studio head Chris Lee has stepped down from his role on the troubled game. Lee was overseeing the long-awaited next entry in the Halo series, which was supposed to arrive alongside the Xbox Series X and Series S cons…
NVIDIA isn’t the only chip giant making game-changing acquisitions these days. AMD is acquiring chip designer Xilinx for $35 billion in stock to “significantly” expand the range of products it makes and customers it reaches, particularly in hi…
Yiche recently announced that the company’s privatization agreement reached previously had been approved by shareholders at an extraordinary general meeting. In June 2020, Yiche Holding Limited and Yiche Mergersub Limited signed a privatization agreement. According to the agreement, Yiche will be acquired by an investor consortium at a price of USD16 per ADS in cash, […]
Yiche’s Privatization Agreement Approved By General Meeting Of Shareholders comes via ChinaTechNews.com.
The tech industry has lost one of its most important figures. Samsung has revealed that Chairman Lee Kun-hee died on October 25th at the age of 78 after spending the past six years in hospital following a heart attack. The company didn’t name …
A report finds 50,000 cases where law enforcement agencies turned to outside firms to bypass the encryption on a mobile device.
JP Morgan Chase is clearly eager to compete with Square in contactless, app-based store payments. It just launched a Chase-branded Business Complete Banking account with a QuickAccept feature that promises simpler (and crucially, faster) payme…
The pandemic has catalyzed seismic transformations and thrust the importance of digitalization onto center stage.
Facebook is adding support for Instagram to its Messenger API. That will allow brands and businesses to handle Instagram messages through third-party apps. For the first time, they’ll also be able to set up customer service bots to handle comm…
According to reports in foreign media, Tencent plans to increase its stake in Universal Music Group by 10% before its option expires in January. At present, the review is still in progress, and it is not clear whether the original consortium members wi…
The faster wireless standard uses different chunks of the radio spectrum—but the technology remains nascent.
Baidu announced on its official Weibo that its self-driving taxi service has been fully opened in Beijing. People in Beijing can directly place an order for a free trial of the self-driving taxi service at the self-driving taxi stations in Haidian and Yizhuang without making an appointment. At present, there are two ways to make […]
Baidu’s Self-driving Taxis Fully Opened In Beijing comes via ChinaTechNews.com.
Let’s take a look at some of the dos and don’ts of ecommerce marketing in 2021 you can start implementing as the end of the year approaches.
Post from Travis Jamison
According to information from Tian Yan Cha, a business information inquiry website, Zunyi Xunfei Super Brain Big Data Company Limited was established on September 30, 2020 with registered capital of CNY30 million, and its legal representative is Lou Ch…
Yelp wants to help its users make better decisions about the places they’re looking up and is rolling out a new feature today that will alert people if a business has been associated with “egregious, racially-charged actions.” These labels wil…
China’s Uxin Limited published an announcement, stating that the company has signed final stock offering agreements with two investors. According to the agreements, Uxin will issue and sell a total of 84,692,839 Class A common stocks to these two inves…
Geely Automobile Holdings Limited recently published an announcement, stating that the company’s total sales in September 2020 reached 126,400 units, representing an increase of 11% year-on-year and month-on-month. Among them, its export volume more th…
The company, launched by Oculus cofounder Palmer Luckey, is building software to connect multiple Air Force systems—allowing officers to act more quickly.
According to Alibaba’s announcement on the Hong Kong Stock Exchange, Jack Ma will no longer serve as a director of Alibaba Group in accordance with a series of inheritance arrangements two years ago. However, Ma will still be one of the partners of Ali…
After an almost year-long wait, Venmo is ready to offer its first credit card to customers in the US. The new piece of plastic is issued by Synchrony and backed by Visa. The main perk of the card is a cashback rewards program that adapts as yo…
Tesla delivered more vehicles than it has in any quarter to date between July and September. In its Q3 vehicle delivery and production report, Tesla said it shipped 139,300 vehicles during those three months.That’s 45 percent more than the num…
There has been a lot of marketing budgets pulled during the Covid-19 pandemic. But can you risk scrapping your SEO budget?
Post from Helen Pollitt
With the COVID-19 pandemic hitting the retail industry hard, many sellers have placed more focus on e-commerce. Google has helped out merchants in the US by allowing them to list their products on the Shopping tab for free since April. Retaile…
ESL and DreamHack, two of the biggest tournament organizers in esports, have merged. ESL co-CEOs Ralf Reichert and Craig Levine will lead the new company, which is called ESL Gaming. DreamHack CEO Marcus Lindmark will continue to run that bran…
Since 2014, Amazon has touted the efficiency and safety benefits of its new automated fulfillment centers where robots assist human workers in processing packages. But it turns out automation may be doing far more harm to the company’s employees than…
Just one day before Google’s Pixel 5 reveal, Sonos has filed a new lawsuit against the search giant, alleging it has infringed five more patents. The patents cover technologies that form the basis of some of Sonos’ best-known features, including its…
According to reports in Chinese local media, Ant Group’s Ant Bank (Hong Kong) formally started operation in Hong Kong on September 28, 2020, providing 24-hour e-banking services for Hong Kong citizens. Hong Kong users can download the Ant Bank (Hong Ko…
