China

Alibaba acquires competitor Kaola from NetEase in $2bn deal

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Alibaba is acquiring Kaola and integrating it into Tmall, creating the largest cross-border e-commerce platform in China. On Thursday (5 September), Alibaba announced its intention to acquire NetEase’s import e-commerce platform Kaola for approximately $2bn. Both Alibaba and Kaola have significant operations in Hangzhou, the capital of China’s Zhejiang province. The transaction will pave the […]

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China hydrogen fuel-cell capacity leaps almost 650pc in a year

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This week in future tech, Chinese media has reported that the country’s expansion of hydrogen fuel cells has accelerated to unprecedented levels. China’s bid to ditch its image as one of the world’s major polluters appears to be in full swing, particularly when it comes to hydrogen fuel cells. Hydrogen is one source of cleaner

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Beijing-Based Company Creates China’s First Cloned Kitten

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China’s first “copy cat” is ready to make its debut: A Beijing-based company reportedly created the nation’s first cloned kitten and it is an adorable fur baby. Huang Yu, the kitten’s owner, contacted Sinogene, a commercial pet-cloning company that has previously cloned 40 dogs, after his feline, Garlic, died after urinary tract infection complications earlier

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Alibaba acquires NetEase Kaola in deal worth $2 billion – TechCrunch

Alibaba, China, cross-border e-commerce, E-Commerce, Fundings & Exits, Kaola, netease, TC, Technology NEWS, Tmall, Tmall Global /

Alibaba Group has acquired NetEase Kaola for $2 billion, the two companies said today, and will integrate it into Tmall, creating the largest cross-border e-commerce platform in China. The announcement follows weeks of media reports about a potential deal, which was said to have stalled in the middle of August after the companies reportedly disagreed

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WeChat restricts controversial video face-swapping app Zao, citing “security risks” – TechCrunch

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Zao went viral in China this weekend for its realistic face-swapping videos, but after controversy about its user policy, WeChat restricted access to the app on its messaging platform. Users can still upload videos they created with Zao to WeChat, but if they try to download the app or send an invite link to another

WeChat restricts controversial video face-swapping app Zao, citing “security risks” – TechCrunch Read More »

ZAO face-swap app goes viral, sparks privacy concerns in China

AI, Business, category-/Internet & Telecom/Mobile & Wireless, China, facial recognition, Mobile, security, Technology NEWS, Zao /

(Reuters) — ZAO — a new Chinese app that lets users swap their faces with celebrities, sports stars or anyone else in a video clip — racked up millions of downloads on the weekend but swiftly drew fire over privacy issues. The app’s surge in popularity and sudden backlash from some users highlights how artificial

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The Mall Is More or Less Dead, Says Legendary Retail Analyst Jan Kniffen

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“The mall is more or less dead except in 279 great cases where we’ve got fabulous malls out there,” says legendary retail analyst Jan Kniffen. “But the 1,100 malls they’re struggling. It’s the levered retailers and the mall-based retailers that are struggling. We’re going to have 26 retail bankruptcies this year. But in a downturn,

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US receives 130 licence requests to sell to Huawei despite blacklist

Android, China, Companies, Huawei, Russia, security, Technology NEWS, US, US politics /

US companies are still eager to sell products to Huawei as tensions between China and the US continue to escalate. On Wednesday (28 August), Reuters reported that the US Department of Commerce has received more than 130 applications from companies seeking licences to sell US goods to Huawei, according to sources. This comes just two

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More than 130 U.S. companies have reportedly applied to sell to Huawei, but the Commerce Department has approved none of them – TechCrunch

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Trump said in July that some U.S. suppliers would be allowed to sell to Huawei while it remains blacklisted, but so far no vendors have been allowed to do so. Reuters reports that more than 130 applications have been submitted by companies that want to do business with Huawei, but the U.S. Commerce Department has

More than 130 U.S. companies have reportedly applied to sell to Huawei, but the Commerce Department has approved none of them – TechCrunch Read More »

Caught on Camera: Monkey Uses Stone to Shatter Glass Enclosure at China Zoo

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A white-faced capuchin monkey used a rock to shatter a panel of its glass enclosure at a zoo in China last week. Watch the video below. (Stock Photo: Morgan Paul / 500px / Getty Images) Monkeys have been known to use tools to crack open nuts and grind food, but visitors at a Chinese zoo

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