China

We’re Doubling Down in China

SAP CEO Bill McDermott remains very optimistic about doing business in China. He says that SAP has a fundamental belief in China and continues to invest in China. “We’re not having challenges in China,” says McDermott. “We’re doubling down in China. China has been very kind to SAP and we have been very kind to […]

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Starbucks Coming Out on Top in China, Says CEO

Starbucks CEO Kevin Johnson isn’t worried about competitors in the fast-growing coffee market in China. He says that competition is actually broadening the addressable market by introducing tea drinking Chinese to coffee. Starbucks has nearly 3,700 stores in China already and is generating double-digit transaction growth. For Starbucks, their growth in China and around the

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Last Year We Blocked 7 Trillion Cybersecurity Threats

The CEO of Cisco says that last year they blocked seven trillion cybersecurity threats or about 20 billion per day. He says that by and large cybersecurity organizations inside of their customers are very good. But they only have to be right once, so it’s a constant ongoing battle. Chuck Robbins, Cisco CEO, discusses cybersecurity,

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Autonomous Driving for Trucks Will Happen First, Says Full Truck Alliance CFO

“Our view is that the commercialization of autonomous driving for passenger vehicles will probably take a bit longer than people would think,” says Richard Zhang, CFO of Full Truck Alliance. “We think the commercialization of autonomous driving for trucks will probably take place a lot sooner than it will take place in the passenger car

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Apple CEO Tim Cook Sees Services Growth as Their Future

Apple CEO Tim Cook released a letter yesterday saying that Apple is lowering their guidance for the fiscal 2019 first quarter, which ended on December 29. He attributes almost 100 percent of the revenue shortfall to their business in China: “While we anticipated some challenges in key emerging markets, we did not foresee the magnitude

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China Just Lifted New Video Game Ban

China just lifted its year-old ban on new video games but no Tencent games were approved in the initial list. Gamer World News Entertainment host Capt. Rob Steinberg says that it’s not really much of a surprise that Tencent’s Fortnite wasn’t in this first 80. He sees it as a huge economic opportunity for gaming

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General Says Chinese Hacking of IBM or the Air Force is Essentially the Same

The Trump administration on Thursday unsealed Federal criminal indictments against two Chinese nationals, accusing them of working for the Chinese government over the last 12 years to hack into computers and steal key technology from Western businesses and government agencies. Retired Maj. Gen. Robert Scales says that we are already starting to see the manifestation

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We Want a Level Playing Field in China Where IP is Not Stolen

Motorola Solutions CEO Greg Brown explains how China went from a great business opportunity in the mid-1980s to an intellectual property stealing concern following their acceptance into the WTO in 2001. Brown says that when China implemented the indigenous cellular standard PDT, that in essence if Motorola wanted to play there and continue to provide

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Google’s Pichai answers to Congress: The good, the bad and the frustrating

The appearance of Google CEO Sundar Pichai in front of Congress yesterday has been eagerly anticipated by those of us following the company’s tumultuous year in the face of criticism from international press, human rights organizations, and its own staff. The hearing – lasting more than three hours – was titled Transparency & Accountability: Examining

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