All Posts Tagged Tag: ‘China’

Alibaba Buys ‘China’s YouTube’ for $3.7 Billion

Alibaba Buys ‘China’s YouTube’ for $3.7 Billion

Alibaba has announced that it has acquired Youku Tudou for around $3.7 billion. Youku Tudou is commonly referred to as “China’s YouTube”. E-commerce giant Alibaba had previously offered a little less to purchase the company last October. Alibaba already owned about a fifth of Youku Tudou. “We believe this combination with Alibaba maximizes value for Youku Tudou shareholders and significantly …

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Apple Music Just Launched in China and Wow It’s Cheap

Apple Music Just Launched in China and Wow It’s Cheap

Apple Music is now available in China, a very important market for Apple, and it’s pretty damn cheap. How cheap? 10 RMB per month, which is about $1.50. Plus, they’re getting the same three-month free trial as everyone else. In the US, Apple Music is $9.99 per month, or $14.99 for a family plan. In the UK, it’s similar. The …

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iPhone 6s Breaks Sales Records – 13M in Three Days Says Apple

iPhone 6s Breaks Sales Records – 13M in Three Days Says Apple

According to Apple, the iPhone 6s had the best opening weekend in the history of iPhone opening weekends. The company says it sold over 13 million new iPhone 6s and iPhone 6s Plus models in the first three days of availability. “Sales for iPhone 6s and iPhone 6s Plus have been phenomenal, blowing past any previous first weekend sales results …

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Uber Wants More Uber Drivers, Launches New Carpooling Service

Uber Wants More Uber Drivers, Launches New Carpooling Service

Uber is testing a new carpooling service in what it called its “number one city in the world.” In Chengdu, China, Uber is piloting a program called uberCOMMUTE. It’s basically a carpooling feature – targeted at drivers who are already taking long commutes, and may want to haul a few other people around to save some money. “Drivers sign into …

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Katherine Archuleta Thrown Under the Bus as Old Government Software Hacked Again

Katherine Archuleta, Director of the Office of Personnel Management, has stepped down from her position in the wake of two major security breaches last year. According to some estimates, the two security breaches exposed the personal information of at least 22.1 million people. China is said to be behind the breach, but it doesn’t really matter who is behind it. …

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Apple Announces Partnerships For Environmental Efforts In China

Apple announced that it is expanding its renewable energy and environmental protection efforts in China. This includes a multi-year project with World Wildlife Fund, which the company says will “significantly increase” responsibly managed forests across the country. The two strive to protect a million acres of forests, which provide fiber for pulp, paper, and wood products. Apple says its goal …

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Apple Is Literally Hitler, Says Chinese CEO

It’s not uncommon to hear someone lash out at Apple for being restrictive, but this takes it to a whole other level. Chinese streaming platform Leshi TV, also known as LeTV, is expected to launch a smartphone next month. When you’re entering the smartphone market, one of your major competitors is Apple – so it makes sense that you’d want …

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Sephora Doesn’t Trust Its Asian Customers? Allegedly Deactivated Accounts According To Race

As beauty supply giant Sephora could be about to learn the hard way, what seems like a simple and logical solution is actually grounds for a MAJOR lawsuit. Trouble began brewing Friday morning when Sephora made the following announcement on its Facebook page: The reality is that in taking steps to restore website functionality, some of our loyal North American …

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iPhone 6 Lands in China October 17

Apple has announced that the iPhone 6 and the iPhone 6 Plus will be available to purchase in China on October 17. Pre-orders will kick off on October 10. “We are thrilled to bring iPhone 6 and iPhone 6 Plus to our customers in China on all three carriers at launch,” said Apple’s CEO Tim Cook. “With support for TD-LTE …

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Google Capital Backs InnoLight, Its 9th Company

Google Capital, along with Lightspeed China Partners, co-led a Series C round of funding totaling $38 million into InnoLight Technology, according to a new report from The Wall Street Journal. This would be Google Capital’s first investment in China. InnoLight makes high-speed optical receivers used by computer servers. This marks the ninth investment by Google Capital, the growth-stage investment arm …

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Gold Prices: Hong Kong To The Rescue?

Much of the recent fluctuation in gold prices was blamed on the improving American economy. The changing economic landscape in the United States is considered key for determining the long-term market value of the precious metal As such, gold suffered a drop in value as the US dollar strengthened; there is also the expectation that interest rates are due to …

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Jackie Chan’s Son Arrested by Chinese Government

Jaycee Chan, Jackie Chan’s son, most recently made headlines indirectly when his father stated that he was to receive none of his $130 million inheritance. Jackie Chan stated that “If he is capable, he can make his own money,. If he is not, then he will just be wasting my money.” Instead of giving the money to his son after …

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Earthquake Kills at Least 398 People in China

At 4:30 pm local time (4:30 am EST), a 6.1 magnitude earthquake struck the Chinese province of Yunnan. The epicenter of the quake was recorded some 230 miles northeast of Kunming, the capital of the Yunnan province. Current estimates state that at least 398 people have died and another 1,801 have suffered injuries of some degree. Thus far, 7,000 emergency …

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Chinese Fisherman Nets Whale Shark

A Chinese fisherman netted a 14-foot-long 4,000 pound whale shark over the weekend, and was able to strap the carcass to the roof of a truck and haul it to a fish market in Xiaozhi. Fishing for the endangered whale shark is illegal in China, but Fujian province Captain Cai Chengzhu claims that the massive fish was accidently caught in …

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Liu Yiqian: Why Is Everyone Mad At This Chinese Billionaire?

People are mad at Chinese billionaire Liu Yiqian and the reason may shock you. This wealthy individual decided to splash the cash a few days ago, spending a whopping $36 million for a 500-year-old artifact. The “chicken cup” as it’s known, is one of a few precious porcelain cups that remain from the Ming Dynasty. The cup earned its name …

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Kim Jong-Un Furious Over Viral Dance Video

North Korea’s Great Successor Kim Jong-un is said to be very displeased over a parody video, which features the Supreme Leader dancing his way through absurd situations to a Chinese pop song. According to South Korean newspaper The Chosunilbo, North Korea asked China to stop the spread of the YouTube clip, as it “seriously compromises Kim’s dignity and authority.” China …

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China Bubonic Plague: City Quarantined, One Dead

In China bubonic plague has forced officials to quarantine parts of the city of Yumen, which is located in the northwestern portion of the country. A 38-year-old man in that city died of bubonic plague last week. He had reportedly been in contact with a dead marmot, which is a type of squirrel-like rodent. Close to 100,000 people have been …

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Plague Found in China, City of Yumen Sealed Off

Chinese state media reported Tuesday that the city of Yumen has been sealed off since last week, after a 38-year-old man died of bubonic plague. Yumen, which has a population of roughly 30,000, is situated in the northwestern province of Gansu, and is presently surrounded by police at roadblocks. No residents are allowed to leave the established perimeter, and travelers …

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Xi Jinping Meets with US; Talk Economy & Security

When Xi Jinping, General Secretary of the Central Committee of the Communist Party of China and the President of the People’s Republic of China, came into office a little over one year ago, he faced several monumental challenges as the leader of the world’s largest and potentially most powerful country. The main issue plaguing Xi was China’s economy, which had …

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Angela Merkel Calls U.S. Spying Allegation ‘Serious’

Chancellor of Germany Angela Merkel said in a news conference in Beijing Monday that if allegations that a German man had been working as a double agent for the U.S. are true, “it would be a serious case.” According to intelligence sources, a 31-year-old employee of Germany’s BND foreign intelligence agency admitted to slipping classified documents to a U.S. contact. …

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If You Drop Your Phone in a Septic Tank, Just Let It Go Man

As a 28-year-old whose screws up a lot, I in no way feel qualified to dispense life advice on most topics. Having said that, I feel pretty confident in issuing this one small token of advice: If you drop your smartphone in an open-pit toilet, just let it go, man, it’s lost. In fact, if you drop anything into an …

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Chloe Bennet Says Acting Career Took Off When She Changed Her Name

Actress Chloe Bennet believes her luck in Hollywood changed within days of adopting a new surname. The 22-year-old actress was born Chloe Wang, the daughter of a Chinese father and Caucasian mother in Chicago, IL. “I was having trouble booking things with my last name. I think it was hard for people to cast me as an ethnic, as an …

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Pinocchio Rex, T-Rex’s Cousin, Unearthed In China

The skeleton of a new tyrannosaur was found at a construction site in China. The skeleton was identified as the cousin of the T-Rex, and named “Pinocchio Rex” for its lengthy nose. Scientists at the Edinburgh University in the U.K. named the new dinosaur Qianzhousaurus sinensis. They also described the creature as having a height of up to 9 meters. The …

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China Explosion: President Xi Vows “Decisive Action”

Chinese President Xi Jinping has vowed action against the terrorist strike yesterday. His visit to the region, focused on combating terrorism, coincided with the attack. China’s Xinjiang province was rocked by an explosion yesterday at a train station. Assailants attacked civilians with knives, then set off explosives. The coordinated nature of the attack left officials to believe it was motivated …

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Xbox One Launching in China in September, a Year After Lift on Console Ban

Fourteen years ago, China enacted a console ban as the Ministry of Culture derided both the political and violent content in many games. Sure, black market console sales skyrocketed–but it was technically illegal to sell consoles like the Xbox 360 and PS3 in China. Last September, the country officially lifted the ban. Game consoles are now allowed to be sold …

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Bill Gates Urges Philanthropy From China’s Wealthiest

Bill Gates may be known as the richest man in the world, but that doesn’t mean he can solve every global problem himself. The co-founder of Microsoft is once again urging China’s wealthiest people to tackle the country’s poverty levels. “China has many successful entrepreneurs and business people … I hope that more people of insight will put their talents …

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Chinese Beards Considered Potential Hazards

Chinese officials are calling beards “potential hazards” and are even offering financial rewards for informants who notify them of people who have beards or women who wear veils over their faces. The Chinese officials believe that the beards and veils can be used to disguise an individuals identity and make it easier for them to participate in terrorism. They are …

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Justin Bieber Offends China, Asks for Trial Delay

After being called out by Mad Men actor Jon Hamm in an interview with Men’s Fitness magazine in which Hamm called the 20-year old a “s**thead,” Canadian pop musician Justin Bieber continues to live up the name. On Monday, his lawyers filed a motion saying they needed more time to prepare his case for trial which is set for May …

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Chuck Hagel, Defense Secretary, To Visit China

It looks like Chuck Hagel will be missing out on the NCAA men’s basketball championship game Monday night. Hagel, the U.S. defense secretary, will be making a trip out of the country on Monday. Hagel will be heading to China to start off his work week and while there it is expected he will visit China’s sole aircraft carrier. Washington’s …

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China Bitcoin Crackdown Leads To Exchange Shutdown

BTC38, one of China’s biggest bitcoin exchanges, informed its users that 3rd party payment processors would be suspended. The news came following a major crackdown by the People’s Bank of China. China’s major financial institution has previously come out strongly against the bitcoin. As the digital currency gains momentum despite recent controversy, the PBOC has moved more aggressively to weaken …

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