Mobike lost more than 200,000 bikes to theft and vandalism this year, Asia’s central banks are ahead in the race to develop their own digital currencies, say experts

  • Coronavirus: Israeli AI start-up says it has tools for the Chinese, Hong Kong governments to help people in distress
    by Lam Ka-sing on February 27, 2020 at 11:00 pm

    An Israeli artificial intelligence company says that it can help the Chinese and Hong Kong governments track SOS requests and people in close contact with patients affected by the deadly coronavirus. But there are concerns that the data collected will be used to track and monitor individuals.Cobwebs Technologies, whose platform is built to trawl the darkest and deepest corners of the internet for signs of fraudulent and criminal activities, can also help monitor mentions of the virus on the web…

  • Congress approves US$1 billion to help rural telecoms companies ditch Huawei and ZTE
    by POLITICO on February 27, 2020 at 9:52 pm

    This story is published in a content partnership with POLITICO. It was originally reported by John Hendel on on February 27, 2020.The Senate unanimously voted on Thursday to pay rural telecoms carriers US$1 billion to rip and replace any gear in their networks from Chinese telecommunications giants Huawei and ZTE.The Senate action sends the legislation to President Donald Trump for his signature. Top administration figures have indicated general support for the funding, which would…

  • Over 3 million WeChat merchants hit by outages after ‘sabotage’ by service provider Weimob’s employee
    by Jane Zhang on February 27, 2020 at 9:00 pm

    Over 3 million merchants on Chinese super app WeChat were potentially affected by service outages after a key operation and maintenance employee at major cloud-based marketing provider Weimob “deliberately sabotaged” the latter’s production environment and database.Tencent-backed Weimob – one of the largest third-party service providers for small and medium-sized businesses on WeChat – said in a Hong Kong stock exchange filing this week that the employee apparently attacked its systems due to …

  • Online party games are helping cure the coronavirus lockdown blues in China
    by Abacus on February 27, 2020 at 9:00 pm

    This article originally appeared on ABACUSEach morning over the past month, Evan Wan has been regularly setting up meetings with his friends. But these aren’t your usual catch-ups.  Wan, like millions of others in China, has found himself quarantined at home because of the coronavirus outbreak.To continue having some semblance of a social life, he has been catching up with friends, meeting new people and even networking with potential business contacts by playing party games online. Wan…

  • Facebook cancels F8 developers conference due to coronavirus
    by Agence France-Presse on February 27, 2020 at 8:23 pm

    Facebook on Thursday cancelled its annual F8 developers conference, the biggest annual event for the US tech giant, over fears about the possible spread of the coronavirus.The gathering in the Silicon Valley city of San Jose – which had been set for early May – typically draws thousands of software makers from around the world who collaborate with the tech giant on its platform.“In light of the growing concerns around Covid-19, we’ve made the difficult decision to cancel the in-person component…

  • Huawei to build first European 5G factory in France to soothe Western nerves
    by Reuters on February 27, 2020 at 6:27 pm

    Huawei will build its first European manufacturing plant in France, its chairman said on Thursday, as the Chinese telecoms giant seeks to ease worldwide concerns stoked by US charges that Beijing could use its equipment for spying.Liang Hua said Huawei, the world’s biggest producer of telecoms equipment, would invest €200 million (US$217 million) in the first phase of setting up the mobile base station plant. He said it would create 500 jobs.Huawei, which denies its equipment poses a security…

  • Video streaming provider Leshi, once touted as a Chinese tech titan, edges closer to delisting after reporting huge losses for third straight year
    by Daniel Ren on February 27, 2020 at 12:50 pm

    Leshi Internet Information and Technology, once seen as a potential Chinese technology titan, is well on its way to being expelled from the stock market after reporting huge losses for a third consecutive year.The video streaming service provider founded by embattled Chinese entrepreneur Jia Yueting said on Thursday that its loss for last year widened to 11.3 billion yuan (US$1.6 billion) from 4.1 billion yuan in 2018. Revenue slumped 69 per cent to 490 million yuan.“It is edging closer towards…

  • Epidemic game Plague Inc. disappears from Apple’s App Store in China
    by Abacus on February 27, 2020 at 12:29 pm

    This article originally appeared on ABACUSThe smash-hit epidemic simulation game Plague Inc. has disappeared from the App Store in China after becoming a hit in the country since the start of the coronavirus outbreak. The 8-year-old game had newfound popularity in China because of its premise: Players must engineer a super virus with the end goal of wiping out the human race. But now iPhone owners can no longer download or update the game on the iOS App Store in mainland China. Those who…

  • Coronavirus: Gilead to widen testing of antiviral drug in Hong Kong, South Korea, other Asian markets
    by Coco Feng on February 27, 2020 at 9:46 am

    US biopharmaceutical company Gilead Sciences is widening clinical trials of remdesivir, its antiviral drug for the treatment of Covid-19, across Asia and several other countries around the world amid the rising number of novel coronavirus cases outside mainland China.Two new clinical studies, involving around 1,000 patients, will start next month at medical centres in Asia, as well as other countries globally with high numbers of diagnosed cases, according to a Gilead announcement on Wednesday…

  • Microsoft cancels more Ignite tours in Asia over coronavirus concerns
    by Abacus on February 27, 2020 at 7:56 am

    This article originally appeared on ABACUSAfter canceling its Ignite conference in Taipei, Singapore and Shanghai over concerns about the coronavirus epidemic, Microsoft said it’s also canceling the Hong Kong stop. It was scheduled to take place on March 25th and 26th. Microsoft Ignite is an enterprise IT event held annually for developers. This year’s tour had already completed stops in some Asian cities before the end of January, including stops in Beijing, Shenzhen, Tokyo and Seoul…


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