YouTube is abandoning its plan to lure more paying subscribers and stepping back from the Netflix-led ware on streaming. Google-owned platform is reverting back its original programming free to watch on its website. YouTube is focusing on its ad-supported model, rather than chasing content providers such as Amazon and Netflix as Apple and Disney are…
China’s launch of a new technology focused stock exchange to rival Nasdaq on Wall Street has underlined the significance of state funding to the country’s fastest growing tech sector. Of the first 25 companies listed on Shanghai’s Starboard, 14 report state-owned investors among their top three shareholders . The first 25 listing, which raised $5.3bn,…
Facebook’s dreams of launching a new virtual currency have hit the buffers as two more financial regulators including International Financial Stability Board and the UK’s Financial Conduct Authority said yesterday they were paying close attention to the social media company’s plans. The regulators would not allow the world’s largest social network to launch its planned…
Better-on-the-internet experience is here with the %G launch by EE promising downloads faster than 4G ( 1000megabits per second) less lag. You can stream favourite TV program on the go, Facetime or Facebook on demand with an entire box set of our choice all from the comfort of 4G smartphone. 5G is superfast with the…
Alibaba, the Chinese ecommerce group, is overhauling its business model of a fast-growing subsidiary in an attempt to offer a complete international service which can challenge Amazon, the world’s largest online retailer. Trudy Dai, President of Alibaba’s wholesale marketplaces division AliExpress, which sells goods from Chinese retailers to customers in more than 150 countries –…
Tencent suddenly pulled the PlayerUnknown’s Battlegrounds mobile game in China, migrating gamers to the less catchy and more politically correct Heping Iingying, or Elite Force for Peace. Tencent is ditching its blockbuster PUBG, one of the money spinners, on the mainland, where it has failed to win commercial licences for many of its latest top…
In rural India internet usage is turbocharged by lower data prices, ecommerce growth is now the fastest outside India’s eight tier one cities, and industry rivals like Amazon which has committed over £5bnand local rivals are competing fiercely for a new wave of customers. Young entrepreneur Ananda Mishra founded his small ecommerce business Grozip in…
The Shenzhen-based Huawei’s first quarter revenue rose 39 per cent from the previous year to Rmb179.7bn (£21bn), suggesting US efforts to persuade countries to ban the Chinese group’s telecoms equipment from their 5G networks have not tempered growth. Although Australia and Canada have joined US in blocking Huawei kit several European countries have effectively rowed…
Snapchat is following the mobile gaming lead of WeChat and Facebook Messenger by adding games to Snapchat as it tries to puts failures of 2018 behind it. Snap is hoping to tap the £54bn ($70bn) mobile gaming market, when Apple, Google, Tencent and Microsoft are all making new bids for developers’ and players attentions. The…
China’s Great Firewall once a glorified porn filter has evolved into the most sophisticated system of online censorship in the world In China you can erase and delete all your Twitter posts after publishing a data analysis of government officials, plagiarised academic work. Over the past year, Beijing’s censors have for the first time tried…