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News on the Internet & Tech Industry in China

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Blockchain concept stocks surge after Buffett lunch
Feb 21, 2020 (WiC 483)

On January 23 Justin Sun presented Warren Buffett with a number of gifts at Omaha’s Happy Hollow Club. Among them was a book authored by Sun himself, a bronze horse figurine (both Sun and Buffett were born in the Year of the Horse), and a ...

A collective effort

Alibaba wins admirers for its efforts to fight the virus outbreak
Feb 14, 2020 (WiC 482)

The devastating earthquake that struck Sichuan in 2008 changed attitudes towards corporate social responsibility (CSR) in China. The disaster claimed 70,000 lives and left more than five million people homeless. But at least $1.5 billion in ...

Wuhan’s top tech firms downplay virus impact
Feb 14, 2020 (WiC 482)

Xi Jinping has visited Wuhan twice since taking over as China’s paramount leader. One of his stopovers on both trips was a vast district in the city known as Optics Valley. In 2013 he affirmed the elemental importance of science and technology ...

Boris breaks ranks on 5G

How Huawei has strained the UK’s ‘special relationship’ with the US
Jan 31, 2020 (WiC 481)

Boris Johnson, who read Classics at university, seems more comfortable looking back to the ancient world than peering ahead to the technologies of the future. During his stint as London’s mayor he talked up the British capital as a tech hub. ...

Pushing the (red) envelope

Kuaishou takes centre stage as sponsor of this year’s CCTV Gala show
Jan 31, 2020 (WiC 481)

Because of the Wuhan coronavirus outbreak, the mood over Chinese New Year has been sombre. The week-long holiday, traditionally a time when people gather with their families and friends, saw shops and restaurants close down and cinemas shut (see ...

Dutch firm pressured not to sell crucial chipmaking equipment to China
Jan 24, 2020 (WiC 480)

Moore’s Law isn’t dead. It’s not slowing down and it’s not even sick. Such is the description from Philip Wong, vice president of corporate research at Taiwan Semiconductor Manufacturing Company (TSMC). One of the companies benefiting ...

Environmental worries over bluetooth earphones
Jan 24, 2020 (WiC 480)

Even though they were once mocked by consumers for looking like damaged Q-tips, at least 60 million pairs of Apple’s wireless earbuds – called AirPods – were sold last year. While the tech giant doesn’t release full figures for any of its ...

Tok of the town

Baidu launches lawsuit against punchy rival
Jan 10, 2020 (WiC 478)

It ranks as the world’s seventh most downloaded app of the last 10 years, despite only being launched in 2017. And unlike most of the other Chinese social media brands, it is as well-known internationally as it is at home. It is of course the ...

Facing the future

Chinese firms want to shape facial recognition standards around the world
Dec 6, 2019 (WiC 477)

When Minority Report came out in the summer of 2002, China was home to just 200 million mobile phone users and years away from launching its third-generation telecom network. Although we are still some way off replicating the dystopian ...

Workers rise up!

Chinese tech giants take flak over mistreating employees
Dec 6, 2019 (WiC 477)

After Adam Neumann walked away from WeWork with a severance package of $1.7 billion, plus a consultation fee of $185 million, his staff got less bountiful news: a fifth of them were to be axed as a result of the firm’s financial woes. Some 275 ...

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