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VTech Data Breach Highlights IoT Failings

VTech Holdings Limited, the Hong Kong maker of baby monitors and electronic toys, announced that its customer database was hacked two weeks ago. The company says an unauthorized party accessed VTech customer data housed in its Learning Lodge app store database on November 14, 2015. Learning Lodge gives its customers the ability to download apps, […]

Do Rackspace And Amazon Have China Futures With Aliyun’s Overseas Growth?

Alibaba’s cloud computing business Aliyun announced that its second data center in America’s Silicon Valley formally started operation yesterday. This is Aliyun’s ninth data center in the world and it is also the company’s third overseas data center opened this year. It is expected to satisfy the cloud computing resource demand of Aliyun’s users in […]

Central China Welcomes Government-Backed Cloud Computing Venture

Chinese Internet video group Letv signed an agreement with the municipal government of Chongqing and China Bridge Capital to build an industrial base in Chongqing. The cooperation will include cloud computing, big data, smart device manufacturing, and finance. Letv said the detailed investment amount will be disclosed soon. Letv’s scope of business covers seven sectors: […]

Cisco Invests USD100 Million To Build Inspur JV In China

Cisco announced that the company will cooperate with Inspur Group to jointly invest USD100 million to create a joint venture in China. The agreement of the two parties includes resale of Cisco’s network devices and joint development of hardware, which is reportedly a part of Cisco’s USD10 billion China development plan announced in June 2015. […]

First Of 4 IoT Ecosystem Accelerators Opens In China

British-based ARM has partnered with Chinese smart device firm Thundersoft to launch an Internet of Things accelerator in Beijing. The ARM Innovation Ecosystem Accelerator is an IoT one-stop shop for startups and OEMs in Beijing. The Beijing facility is the first of four planned and is aimed at further advancing China’s IoT industry. Financial terms […]

AsiaInfo Buys Trend Micro’s Chinese Security Services

AsiaInfo will acquire all of Trend Micro’s businesses in China, including over 100 core technologies and intellectual property rights. Meanwhile, AsiaInfo will establish an independent security technology company, which will integrate AsiaInfo’s existing communications security technologies with Trend Micro’s cloud and big data security technologies. He Zheng, chairman of AsiaInfo’s security department, said that the […]

Gome Net Profit Up 15.9% In H1 2015

Gome’s unaudited semi-annual performance report ended June 30, 2015, shows its net profit increased by 15.9% during the reporting period. According to the report, Gome’s listed company realized sales of CNY31.69 billion over the first six months of 2015, representing a year-on-year increase of 8.8%. Its consolidated gross margin was 17.7% and its total expense […]

Meituan.com Completes Acquisition Of Kuxun.cn

Chinese group buying website Meituan.com announced that the company has completed the overall acquisition of Kuxun.cn, an online tourism media site under TripAdvisor. Chen Liang, Meituan’s senior vice president and president for the hotel and tourism business group, said that with the acquisition, Meituan will benefit from Kuxun’s Internet technology system experience and improve its […]

Tencent Makes USD90 Million Sick Investment In India

China-based Tencent led the USD90 million investment in Practo, a health and medical information provider in India. On the completion of the investments, Practo’s total financing amount will reportedly reach USD124 million and its investors include Google Capital, Sofina, Sequoia Capital, Altimeter Capital, Matrix Partners, and Russian billionaire Yuri Milner. This is one of Tencent’s […]

Car Tech Opportunities Drive Neusoft Towards New Venture

Chinese IT solutions and services supplier Neusoft Group has signed a joint venture agreement with Alpine Electronics and Shenyang Fu Rui Chi to build a joint venture named Neusoft Ruichi Automotive Technology (Shanghai) Co., Ltd. With this move, Neusoft Group will be able to distribute in smart, Internet, and new energy automobile electronics businesses. Neusoft […]

Quantum Computing Lab Formed In China

Chinese cloud computing service Aliyun is expanding research into the quantum field of computers. Alibaba Group’s cloud computing subsidiary and the Chinese Academy of Sciences signed a memorandum of understanding n Shanghai to co-found the Chinese Academy of Sciences – Alibaba Quantum Computing Laboratory. The new research facility aims to take the study and applications […]

Kingsoft Teams With HP For Chinese Cloud Computing

Kingsoft Cloud has reached a deal with HP to provide medical, banking, and gaming industry customers with platform and application services based on private and mixed clouds. As both companies have private cloud businesses in China, Zhang Hongjiang, chief executive officer of Kingsoft, said HP has a deep understanding of the Chinese market. When launching […]

CNNIC Report: 27.9% Of Chinese Netizens Live In Rural Areas

China Internet Network Information Center’s latest Internet statistics showcase the breadth of the country’s online population. Its recently published 36th Statistical Report on Internet Development in China states that by June 2015, China had 668 million netizens, representing an increase of 18.94 million netizens over the past six months. At the same time, China’s Internet […]

How Does Alibaba’s Data Pact Impact Chinese Retention Laws?

Chinese e-commerce firm Alibaba says its Aliyun cloud computing subsidiary has a new data protection pact that supposedly protects user data. At an event held today in Beijing, Simon Hu, president of Aliyun, announced the pact and promised to abide by this pledge to protect user data and business data privacy for all of its […]

China’s Inspur To Invest CNY10 Billion For Nationwide Cloud Center Distribution

China’s Inspur will invest CNY10 billion to distribute cloud computing data centers across the entire country. Inspur said that with solutions for the secure cloud, industrial cloud, and service cloud, Inspur will provide comprehensive cloud services to regional governments, industrial companies, and large enterprises. Inspur further revealed that the CNY10 billion investment will be used […]

NetEase Cloud Music Boasts Over 100 Million Users

After two years and three months of operation, NetEase cloud music announced that their number of users had exceeded 100 million. By July 2015, NetEase cloud music has reached seven major platforms, covering the iPhone, Android phones, Web browsers, and PC-based software. NetEase cloud music currently has included 1,200 stars and five million songs, and […]

Chinese Cloud Computing War Will Soon Begin

Huawei is ready to battle Alibaba’s Aliyun cloud service as Huawei plans to hold a launch event at the end of July 2015 to officially release its own public cloud computing services. Huawei’s rotating CEO and vice chairman Xu Zhijun disclosed in April that the company would soon launch its public cloud services to formally […]

Uniquedu Pushes Chinese Online Education With New Cloud Computing Deal

Alibaba Group’s cloud computing subsidiary Aliyun and technology-oriented comprehensive education solutions provider Uniquedu have jointly launched an Aliyun university cooperation project in China. The two parties will work together with eight universities to launch cloud computing and data science majors and specialized courses. Meanwhile, they will open an Aliyun school, which will offer online courses […]

Internet Of Things Platform Boosts China Mobile’s Services

China Mobile has launched two Internet of Things platforms targeting Chinese enterprise users. During CES Asia 2015, the telecommunications company unveiled its Internet of Things exclusive business management platform and its OneNet device cloud platform. The Internet of Things business management platform combines statistical analysis and an API interface for businesses to build hardware and […]

China’s Qihoo 360 Establishes Enterprise Security Group

Chinese Internet security provider Qihoo 360 announced the establishment of a new enterprise security group. Qi Xiangdong, president of Qihoo 360, will be chief executive officer of this new enterprise security group. Financial details, including capitalization structure for the technology business, were not made available by the company. Using the research resources of Qihoo 360’s […]

Unisplendour Acquires 51% Stake In H3C From HP

Unisplendour Corporation Limited, a subsidiary of Tsinghua Holdings, will acquire a 51% stake in H3C from Hewlett-Packard for at about USD2.3 billion. The transaction is expected to close at the end of 2015 and it is still subject to the approvals of Unisplendour’s board of directors and related government authorities. According to the agreement signed […]

Kingdee, JD.com Form Strategic ERP Development Partnership

Kingdee International Software Group and JD.com announced an agreement in which JD will invest HKD1.3 billion in cash to acquire about a 10% stake in Kingdee. Meanwhile, the two parties plan to form a strategic partnership to provide small- and medium-sized enterprises with ERP integrated solutions based on cloud computing services. Xu Shaochun, chairman and […]

Huawei Aims At 60% Growth In Storage Business This Year

Chinese telecom device maker Huawei has launched its new high-end storage product OceanStor 18000 V3 in Beijing and disclosed its storage business performance in 2014 and its business growth goal for 2015. Its global storage business sales reached USD534 million in 2014, a year-on-year increase of 55.6%. Of the total sales, nearly USD180 million was […]

China Unicom Builds Big Data JV With Telefonica

China Unicom will establish a joint venture with Telefonica, a leading Spanish multinational telecom company. According to China Unicom, the preparation team has been formed and the joint venture will soon be launched. Under the agreement signed by the two parties, the joint venture will have total capital of CNY100 million, including CNY60 million from […]

Hon Hai, NEC Form Cloud Computing Partnership

Taiwan’s Hon Hai and Japan’s NEC have reached a cloud computing deal covering China and other Asian countries. Hon Hai and NEC’s cloud computing centers for big data are located in Taiwan’s Kaohsiung and mainland China’s Guiyang, respectively. The two parties’ cloud computing business will be reportedly launched at the end of 2015, targeting corporate […]

Kingdee Reaches Global AWS Deal With Amazon’s China Business

Chinese enterprise management software and e-business application solution provider Kingdee International Software Group has signed a global strategic cooperation agreement with Amazon Connect Technology Services (Beijing) Co., Ltd. Under this global strategic cooperation agreement, the two parties will implement comprehensive and in-depth cooperation in various sectors, including enterprise resource planning, cloud service business transformation; product […]

Huawei Will Soon Launch Public Cloud Services In China

At Huawei’s Global Analyst Summit, the company’s rotating CEO and deputy chairman Xu Zhijun said Huawei will launch public cloud services in China in July 2015. This launch will put Huawei in direct cloud service competition with Alibaba’s Aliyun service. Microsoft and Amazon already launched their public cloud services in China, but those services will […]

Former Yahoo Beijing R&D Center President Joins JD.com

Chinese B2C e-commerce group JD.com announced that Zhang Chen, former Yahoo global vice president and founder and president of the Yahoo Beijing R&D center, officially joined JD.com as senior vice president to lead the technical research and development systems of the company. Zhang has nearly 20 years’ development and management experience in the software industry. […]