China :: Science & Technology

Tesla's China business is booming Hong-Kong traded Tencent, a company best known for its WeChat messaging app, disclosed in a Tuesday filing that it's  taken a 5 percent stake in Tesla for $1.78 billion.  The investment follows Tencent's new stake in taxi-hailing app Didi Chuxing, which can be accessed through WeChat. "I think Tencent likely wanted exposure to a company that was growing very quickly in electric and autonomous" vehicles, said Tasha Keeney, an analyst on the  ARK Industrial Innovation ETF (ARKQ) , whose top holding is Tesla. "We think the autonomous mobility as a service market could be $10 trillion in gross sales globally by the early 2030s, and companies like Tesla or  Baidu  could take a cut of that," she said. Tesla declined to comment to CNBC. Tencent did not respond to emailed requests for comment. A Tencent spokesperson  told The Wall Street Journal  that "Tesla is a global pioneer at the forefront of new te

Tourism authorities aim to improve public facilities across the country Fed up with the theft of toilet paper from public bathrooms, tourist authorities in China's capital have begun using facial recognition technology to limit how much paper a person can take. The unusual move — part of a "toilet revolution" — is another step in China's vast upgrading of public facilities. Bathrooms at tourist sites, notorious for their primitive conditions and nasty odours, are a special focus of the campaign, a response to a vast expansion in domestic travel and demands for better-quality facilities from a more affluent public. Facial recognition technology is coming to Canadian airports this spring Facial recognition tech is allowing stores to reward customers "Today in China, people are highly enthusiastic about tourism, and we have entered a new era of public tourism," said Zhan Dongmei, a researcher with the China Tourism Academy. "The expectation

Donald Trump is already losing to China in technology: Here is how In the waning days of Barack Obama’s administration, one of the president’s advisory councils issued a report warning of China’s plans to snatch control of the critical semiconductor industry. Its recommendation: “Win the race by running faster.” In the waning days of  Barack Obama ’s administration, one of the president’s advisory councils issued a report warning of China’s plans to snatch control of the critical semiconductor industry. Its recommendation: “Win the race by running faster.” It is sound advice, but the new administration isn’t listening. Donald Trump’s policies, in fact, offer a roadmap for how not to compete with China. That’s because team Trump doesn’t fully grasp the threat China now poses to the US economy. China is marshaling massive resources to march into high-tech industries, from robotics to medical devices. In the case of semiconductors alone, the state has amassed $150 billion to bu

Be afraid. I have often jested that the main difference between the United States and China is not that one is capitalist and the other communist. Rather, it is that one is run by lawyers and the other by engineers. Nowhere is this truer than in the astonishing “catch-up” occurring on the mainland in the explosion of digital technologies and their application to the daily lives of hundreds of millions of ordinary Chinese consumers. As long as China is governed by engineers, I reckon this breakneck transformation will shock, intimidate and challenge us for decades to come Ask people in the US or Europe about Chinese technology and most will still cast a dismissive smile and say China remains home of the cheap and cheerful copycat stuff that fills Walmart shelves. The dangerous naivity of this view was brought home forcefully at our APEC Business Advisory Council (ABAC) meetings last year – the first in San Francisco and the second in Shenzhen. The first thing we noticed was tha

KingSoft, one of the most famous software companies which developed KingSoft Office (replacement of MS Office), PowerWord (dictionary) and Kingsoft Antivirus etc, is testing its own web browser, named Liebao (meaningCheetah). We are still waiting for the invitation code to test it out. But according to its newly launched official site , this dual-core (built on webkit and IE core) browser is promised to be more safe, better designed (UI designed by Rigo ) and 3 times faster than Chrome. KingSoft is expert on Antivirus technology which is somehow integrated into the core of Liebao Browser. KingSoft called this invention as BIPS (Browser Intrusion Prevention System). In other words, even with no antivirus software running on your system, the browser itself still has the capabilities of e.g. Anti-Phishing, Anti-Trojan and code-injection-proof etc. The site also says that some parts of webkit core has been rewritten/improved which makes Liebao three times faster than Chrome. So why KingSof

It seems many phone manufacturers are feeling a lack of love. Everyone is focusing on iPhone this or Android that. Phone manufacturers who once dominated the market are desperate to claw back market share and some much needed consumer affection. Rather than sell based on their great inventory of apps (that are severely lacking), brands are trying to convince consumers based on other features and functions. Recently Ive seen ads from Motorola for their new Droid Razr Maxxx model, which claims to have the longest talk time battery life of any 4G smartphone. Now Nokia is trying the similar strategy with their new Nokia 808 Pureview Model with an awesome camera. But is selling based on such niche features enough? I feel like a total ecosystem of hardware and software is needed to convince sophisticated consumers who know how seamless and useful, iPhone and Android is already. The 808 Pureview will start shipping this month and is the first smartphone to feature Nokias award winning PureVie

Chinais without doubt one of the worlds major centers for Entrepreneurship in Internet and Mobile Internet fields. And it is worth looking at other areas in the world where entrepreneurship is also a hot topic. In South-East Asia, with the fast development of economy, we have observed quick rise of Internet / Mobile Internet entrepreneurship in countries includingThailand,Vietnam,Indonesia,Philippines,Singapore, etc. Startups there benefit from rapid market growth, tax advantages,and global collaboration. For this 50thedition of Mobile Monday Beijing, we have invited entrepreneurs from bothThailandandChina, to showcase their activities, and share experience in different markets. This event is in collaboration with Mobile Monday Thailand. Details: Time and Date: 7-10:30pm, May 14th Location: ( Innovation Garden, Orange Lab s) Cost: 100RMB Register here Related posts: Planet of the Apps Asia, 8-10 June Singapore When Technology Meets Design, It is Life Open Source Meetup, July 9th at