Tech, Media & Telecom

Baidu, Citic Bank said to plan partnership to challenge rival tech firms' online-only offerings

Search giant Baidu and China Citic Bank plan to establish a direct bank that will likely focus on w

Tsinghua Unigroup to invest $47bn in bid to become global chip giant

Chipmaker Tsinghua Unigroup will invest RMB300 billion (US$47 billion) over the next half-decade in

China's P2P platforms post record sales despite regulators' finger-wagging

Chinese peer-to-peer (P2P) lending platforms sold a record RMB119.6 billion (US$18.8 billion) of fi

Beijing said to plan tighter controls on streaming of foreign media

The State Administration of Press, Publication, Radio, Film and Television is expected to further r

Singles Day purchases at Alibaba platforms, affiliates top $14bn

Purchases on Alibaba's online retail platforms rose 50% over the previous year to US$14.3 billion o

Tencent Q3 net profit up 32% as mobile payment presence grows

Third-quarter net profit at tech firm Tencent Holdings grew 32% to RMB7.45 billion (US$1.17 billion

Regulator denies onerous rules on foreign payment card firms

Fan Yifei, a vice governor at China's central bank, said there were no plans to limit licenses issu

Alibaba to pay $3.67bn for streaming site Youku Tudou

E-commerce conglomerate Alibaba Group Holdings will pay US$3.67 billion for outstanding shares of N

Tech regulator calls out Baidu, 360, Sina for apps' privacy violations

China's Ministry of Industry and Information Technology has castigated 21 Chinese technology compan

Authorities launch three-year pilot program to facilitate new drug approvals

The China Food and Drug Administration on Thursday announced a three-year pilot program, effective asks China's antitrust regulator to investigate Alibaba

E-commerce giant has sent a letter of complaint to China's State Administration of Industry

American tech firms' China deals raise national security concerns in US

Cross-border cooperation between Chinese and American tech firms are coming under greater scrutiny,

Op-ed: Keeping a cool head in China's simmering tech sector

A closer inspection

Despite revenue gains Baidu's Q3 profit falls 27% due to heavy spending

Mainland Internet search giant Baidu saw profit fall 27% in the third quarter to RMB2.84 billion (U

Alibaba sees quarterly gains in mobile revenue, merchandise volume

E-commerce conglomerate Alibaba Group Holdings reported on Tuesday that its revenue in the second f

Draft rules for China's car-hire apps could stifle fledgling industry

The firms behind China's biggest car-hire apps are voicing concern over proposed regulations that w

Travel sites Ctrip, Qunar swap shares in tie-up as industry heats up

Travel-booking firm Ctrip agreed to a share swap on Monday with travel search engine Qunar in a mov

China's shopping centers under rising pressure from e-commerce

Mainland malls and department stores are under growing pressure as online retail booms, turning bui

Public security ministry warns Chinese iPhone users of new phishing scam

Chinese iPhone users are being hit by a popup scam that asks them to unlock their accounts while br

Tencent said to start charging for some WeChat payments, transfers

Tencent Holdings will charge users of its ubiquitous social networking and payment app WeChat 0.1%

Baidu confirms hiring freeze after internal email leaked

Internet search giant Baidu acknowledged it had enacted a hiring freeze on large-scale recruiting o

Chinese firm apologizes for enabling security breach of Apple user data

Guangzhou Youmi Mobile Technology apologized Tuesday for disseminating code allowing at least 256 a

Alipay blames user's unauthorized payment permissions on data leak

Alibaba-affiliated online payment service Alipay has blamed a data leak for the unauthorized linkin

China's telecom giants sell $33.71bn in assets to tower joint venture

China Mobile, China Telecom and China Unicom have agreed to sell and transfer assets worth RMB214 b

Chinese private equity firm to run $400mn seed fund on AngelList investment platform

China Science & Merchants Investment Management Group, the third-largest private equity firm in

Tencent CEO sells off $400mn in company stock

Tencent CEO Pony Ma appears to have sold off 23 million shares of the company's stock through four

Data centers are the digital engine rooms of China's new economy

Hard-working hardware

Xi promises access, IP protection in meetings with US tech execs

Chinese President Xi Jinping told American and Chinese business leaders at a roundtable in Seattle

Microsoft to make Baidu default search engine for Edge browser in China

Microsoft has signed a deal with Baidu to make the search engine the default option and home page f

Cisco to partner with mainland server maker to ensure access, sources say

Networking-equipment giant Cisco Systems plans to announce a partnership with Chinese server maker


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