Chinese central bank official says cryptocurrency trade needs to end

Chinese authorities might consider banning centralized trading of virtual currencies as well as individuals and businesses that provide related services, according to CNBC. In a memo outlining details of discussions at a meeting of internet regulators and other policymakers, PBOC Vice Governor said the government would continue to apply pressure to the virtual currency trade…

Poorest regions of China see faster eCommerce adoption

Ecommerce market in China is growing faster in western and central provinces than in the richer coastal regions, according to a recent report from Alibaba Group. The biggest rises in online retail sales during the first 11 months of 2017 were posted by Gansu province, Guizhou province and Tibet autonomous region,…

Alibaba considers Hong Kong listing, says founder Ma

Alibaba founder Jack Ma has said that the company will “seriously consider” listing in Hong Kong, as the financial hub prepares to allow dual-class share listings. Reuters reports that Jack Ma made the comments at an event in Hong Kong, in response to remarks made by Hong Kong Chief Executive Carrie…

Google merges payment platforms under Google Pay

Google is revamping its mobile payment offerings and creating a new brand called Google Pay. The new product merges Google’s existing mobile payment platforms. That includes Android Pay, which lets customers pay for things online and in stores with their Android phones, and Google Wallet, which lets you send money…

Apple will now replace out-of-warranty iPhone batteries for US$29

Apple apologized today for its handling of a battery issue affecting older iPhones, and offered to replace aging batteries for just US$29 (~RM117), dramatically less than the US$79 fee it would typically charge. The replacement service will be available worldwide, starting in January and continuing until December 2018. Apple will also be including a new…

Snapchat to let users publish Stories outside the app

In an effort to regain its popularity, Snapchat is reportedly developing a feature that will let users share stories outside its app, called Stories Everywhere. It’s no secret that Snapchat’s relevance has been dwindling, Instagram is currently dominating the ‘stories’ game in addition to experiencing lower share prices during Q3. Since then,…

Hackers are hijacking Sonos and Bose speakers to play scary sounds

It has been discovered that several Sonos and Bose speakers possess vulnerabilities that allow them to be hijacked. When hackers do take over the speakers, they play Alexa commands, creepy noises and Rick Astley tunes. Fortunately for Sonos and Bose, only a fraction of their speakers including the Sonos PLAY:1, Sonos One and…

You can now learn Chinese on iOS via an AI-powered app developed by Microsoft

If you have the interest in picking up Chinese and own an iOS device you might want to look up the Microsoft Learn Chinese app, which is AI-powered. The app basically lets users hone their Chinese language skills without having to practice with another person, and as well all know,…

Amazon opens Prime service to Singapore

Amazon.com has launched Prime service in Singapore to offer customers access to fast shipping, streaming and gaming. In July 2017, the ecommerce tech company launched a free two-hour delivery service in Singapore, the first entry in open competition with Alibaba Group. In a fragmented region of 600 million people like Southeast…

Shazam has been acquired by Apple

Apple recently confirmed that it had acquired music-identifying app Shazam. In a statement, Apple said that Shazam and Apple Music are naturally compatible, and there are fascinating plans in store. Apple did not reveal the acquisition amount, although TechCrunch reports that the agreement was in the range of USD 400 million (~RM1.63 billion). Snapchat and…