MENUMENU

Is Tesla Inc. the ultimate loser amidst the trade war?

  • Crystal Ng
  • 17 Days ago
  • 0
Trump Administration considers adding a 25% tariff on Chinese car imports. China retaliates with an equal 25% of 106 U.S. imported goods. Tesla Inc. is already paying 25% due to China’s tariff on car imports. China has been the most prominent trading partner of the United States for some time now. NBC News states that the trades […]

Xiaomi: Alternative for Android Smartphones

  • Crystal Ng
  • 2 Months ago
  • 0
Attributable to the 21st-century advancement in technology, there are not many folks out there who are not in possession of a smartphone. As a matter of fact, smartphones are no longer considered as a luxury item, instead, they have become a necessity to our generation just like water and oxygen. They are the first thing […]

China bans Facebook messaging service WhatsApp

  • William Van-Lear Black
  • 7 Months ago
  • 0
The Chinese government has disabled Facebook-owned messaging service WhatsApp, the New York Times reports. Nadim Kobeissi, an applied cryptographer at Paris-based research firm Symbolic Software, told the Times his company began noticing slowdowns in the service Wednesday. By Monday, the block had become comprehensive. Authorities blocked video-chat and file-sharing functions within WhatsApp in mid-July, but […]

Chinese authorities crackdown on cryptocurrency ICOs

  • William Van-Lear Black
  • 8 Months ago
  • 0
Monday, the Chinese government banned the practice of creating and selling new cryptocurrencies, Reuters reports.  With the rise of Blockchain technology, initial coin offerings (ICOs)—which give investors the opportunity to buy newly-created cryptocurrencies—have gained popularity. In total, Reuters says, ICOs have raised $2.32 billion since the inception of the cryptocurrency market; $2.16 billion of that […]

Starbucks stock falls, but one analyst predicts recovery

  • William Van-Lear Black
  • 8 Months ago
  • 0
Since June 2, Starbucks stock has fallen more than 16 percent. Shares dipped just over nine percent (to $54.00/share) in 24 hours after the company released its most recent quarterly earnings report on July 27. Investors are losing confidence in the iconic coffee brand due to declining growth rates, Daniel Schönberger of SeekingAlpha writes. Though […]

Indonesia extradites xiu.com founder, China continues crack down on fugitives

  • William Van-Lear Black
  • 8 Months ago
  • 0
Chinese authorities have extradited Ji Wenhong, founder of online clothing retailer xiu.com, from Indonesia to face smuggling charges, the AP reports via New York Daily News. Indonesian officials returned Ji to China Saturday. Authorities accuse Ji of having designed a system by which his company illegally imported goods from Europe and the US. Allegedly, the […]

China is using quantum cryptography to produce unhackable transmissions

  • Ashley Leader
  • 8 Months ago
  • 0
China has proven itself able to use quantum cryptography to produce what are essentially unhackable transmissions. A Chinese group of researchers called the Quantum Experiments at Space Scale project, or QUESS, launched a quantum cryptography satellite into orbit in August last year. This satellite has enabled the QUESS project to send quantum-encrypted messages from earth to the satellite — […]

Chinese Courier ZTO Sued Over False IPO Listing

  • Cedric Brenninkmeijer
  • 9 Months ago
  • 0
Chinese courier ZTO Express and those involved in its New York stock market listings have been sued by a U.S. pension fund. The fund alleges that ZTO exaggerated its profit margins to lure investors into its $1.4 billion initial public offering. Morgan Stanley and Goldman Sachs Group Inc., which was responsible for ZTO’s IPO, are […]

Beijing Blocks WhatsApp Access in Mainland China

  • Cedric Brenninkmeijer
  • 9 Months ago
  • 0
Chinese users have reported trouble regarding the use of WhatsApp instant messaging tool on Tuesday. Many suspect that Beijing is responsible for the issues that are arising as part of its latest regulations on internet use. The issues included involved being unable to send or receive photos using the chat app, which is owned by […]

Tencent Market Cap $17.5B Drop

  • Cedric Brenninkmeijer
  • 10 Months ago
  • 0
Tencent Holdings’ lost $17.5 billion of its market cap after a newspaper review described one of its products and harmful to teenagers. Tencent Holdings is the operator of China’s dominant social network, and is also known for being the publisher behind “King of Glory,” one of the world’s most popular role-playing mobile game. The newspaper […]

Despite Rocket Failure, China Poised to Make Strides in Space

  • William Van-Lear Black
  • 10 Months ago
  • 0
A newly-designed Chinese rocket slated to carry the country’s heaviest ever satellite failed Sunday, Chinese news outlet Xinhua reports. The Chinese plan to conduct “further investigation” into “an anomaly [that] occurred during the flight of the rocket” and allegedly caused its failure. No information has been provided regarding the nature of either the “anomaly,” or […]

Apple’s Preventative Measures Against Leaks of Corporate Secrets

  • Cedric Brenninkmeijer
  • 10 Months ago
  • 0
Apple goes to great lengths to prevent leaks and ensure any information regarding their products remain concealed. Their methods include hiring NSA, FBI and secret service experts on a global scale to ensure that only Apple is privy to its product information. But considering the value of future products and how they are made leads […]

Man’s Hand Built iPhone Cheaper Than Retail Version

  • Sharnita Sanders
  • 1 year ago
  • 0
Phones can get to be quite pricey. So, if you don’t feel like paying hundreds of dollars for a smartphone, just make your own. At least that’s what one man thought when he built his own iPhone 6s from scratch. The crafty guy in question is named Scotty Allen. Allen has been living in China […]

South African Court Says Selling Rhino Horn is Legal

  • Sharnita Sanders
  • 1 year ago
  • 0
An appeal by the Department of Environmental Affairs was recently dismissed by South Africa’s Constitutional Court. The appeal was to retain a moratorium on the domestic trade in rhino horns. According to a source, Pelham Jones, who is the chairman of South Africa’s Private Rhino Owners Association (PROA), was named as one of the respondents […]

Pink Diamond Breaks Record With $71.2 Million Sale at Auction

  • Sharnita Sanders
  • 1 year ago
  • 0
The record price for any diamond or jewelry piece to be sold at auction was set recently when a pink diamond known as the “Pink Star” went for $71.2 million at Sotheby’s auction. The Pink Star is stunning coming in at 59.6 carats. The Pink Star came from the mines of Africa in 1999 by […]

China Brings In Record Breaking Lobster Imports From the U.S.

  • Sharnita Sanders
  • 1 year ago
  • 0
Lobster imports from the United States has become increasingly popular in China. So much so, that it’s setting a new record for the country as China begins to further its expansion of its lobster market. Until 2010, American lobster wasn’t something you would find in China. Around that time, however, the value for the delectable […]

Alibaba Partners with China’s Largest Supermarket And Department Stores

  • Anahit Moumjian
  • 1 year ago
  • 0
Alibaba Group Holding has teamed up with Shanghai Bailian Group in executive chairman Jack Ma’s latest step toward shaking up old-fashioned retail with technology. Bailian is currently one of China’s largest supermarket and department store chains. Shares of the company surged to their daily 10% limit on Monday after the China Securities Journal reported on […]

Ivanka Trump’s Clothing Brand Suffers Due to Boycott

  • Sharnita Sanders
  • 1 year ago
  • 0
After many consumers decided to boycott over thirty retailers that carry Ivanka Trump’s clothing line, Ivanka’s line suffered a bit during the week. In fact, Nordstrom said on the 2nd that it wouldn’t be carrying the line anymore. That’s not the only major retailer to ditch the Ivanka’s clothing line. Nieman Marcus announced just a […]

China’s Tourism Revenue Revenue Up 16 Percent

  • Anahit Moumjian
  • 1 year ago
  • 0
The Chinese tourism industry saw a revenue increase of 15.9% to 423.3 billion yuan ($61.55 billion) during the recent Lunar New Year festival, according to the China National Tourism Administration. Driven by 344 million domestic tourist visits, the rate of growth was still slightly slower than the rise of 16.3% seen the previous year. CNTA […]

Sony Says Its Not Selling Its Picture Business

  • Sharnita Sanders
  • 1 year ago
  • 0
Despite the rumors surrounding Sony, the company announced on Thursday that it was not selling its picture business. The company struggled through a $1 billion writedown that was caused by the low demand for movies on disc. This ended up having Sony cut at least 11 percent of Sony’s yearly profit that estimated around 240 […]
Page 1 of 41234 »