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Internet & Tech

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Tencent delays music IPO; Baidu eyes comeback
Oct 26, 2018 (WiC 429)

When China’s answer to Justin Bieber launched his debut album in 2015, he was doing a lot more than forging a solo career. Perhaps more significantly for the music industry, Lu Han only released his album, Reloaded I, digitally and ...

Survival of the unfittest?

Is troubled giant Ofo about to be taken over by smaller rival Hello?
Oct 26, 2018 (WiC 429)

A survey by Innosight, a US consultancy, found that the average lifespan of companies on the S&P 500 Index in 1964 was around 33 years. Their tenure is set to drop to 12 years by 2027 due to technological disruption and more dealmaking. ...

Getting smarter?

Tencent implements a major business reshuffle
Oct 5, 2018 (WiC 427)

Sunday is supposed to be a day of rest. Not last weekend for Tencent, when it announced its first major restructuring for six years. Maybe the idea was to show a sense of urgency. Part of the plan is a regrouping of some of its existing ...

Dominating the data

Chinese tech guru talks about where China stands in the AI race
Sep 28, 2018 (WiC 426)

Another week and another worsening seven days of Sino-US relations, after Donald Trump triggered tariffs on $200 billion more Chinese goods and then accused China of trying to influence the US mid-term elections with the aim of damaging his ...

Who dares wins?

2018 is proving a pivotal year for the TMD – as they take on the BAT
Sep 21, 2018 (WiC 425)

Throughout Chinese history, checks and balances have always been at play in the royal court. Just tune in to an episode of any imperial drama: the plot invariably develops around how the concubines in the palace fight amongst themselves, ...

Two internet tycoons make headlines on leadership grounds
Sep 14, 2018 (WiC 424)

The three most prominent tycoons in their respective home markets of Hong Kong, Macau and Taiwan are CK Hutchison’s Li Ka-shing, casino magnate Stanley Ho and Morris Chang of semiconductor heavyweight TSMC. Notably they all stepped down this ...

Fight or flight

Will a US lawsuit filed by Shenzhen drone rival clip DJI’s wings?
Sep 14, 2018 (WiC 424)

Chinese tech firms are now all too familiar with being blocked in the US on national security concerns. Articles on this topic – particularly those involving the telecoms equipment makers Huawei and ZTE – have received so many newspaper ...

iQiyi ditches view counts
Sep 14, 2018 (WiC 424)

Last week The Story of Yanxi Palace, the biggest hit show this summer, finally concluded. The 70-episode costume drama – about scheming concubines in the Qing Dynasty (see WiC422) – had racked up 15.9 billion views on the online ...

How AI backfires on Bytedance’s Q&A app
Sep 14, 2018 (WiC 424)

Turf wars among tech firms are nothing new. Apple was engaged in a seven year-long legal battle with Samsung over smartphone patents. More recently, Waymo, Alphabet’s autonomous car unit, sued Uber for appropriation of trade secrets and patent ...

Huawei claims series of ‘firsts’ for new microchip
Sep 7, 2018 (WiC 423)

In ancient times, the appearance of a Kirin, or Qilin in other parlance, was deemed a rare and auspicious event that heralded an era of peace and prosperity. The mythical animal, a cross between a unicorn and a dragon, was seen as symbol of ...

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