According to a recent report by FireEye, a hacking group suspected of operating from China has had success stealing information from mostly Indian targets, often pertaining to border disputes and trade issues.
News, Software
Alibaba injects major funding into world’s most valuable AI firm
China’s SenseTime Group has reportedly raised $600 million from Alibaba Group Holding Ltd. and other investors at a valuation of more than $3 billion, becoming the world’s most valuable artificial intelligence startup. 0 2046
Twitter sees surge in government requests for account information
Twitter has seen an increase in government demands for account information in the first half of this year, with the US followed by Japan topping the list for such requests.
Prolific partnerships
Promotional gimmicks aside, Lenovo’s Tech World conference boasted a formidable roster of elite industry CEOs as well as some exciting product launches and demos. On the enterprise side, the firm also discussed its strategy to usher in more services and solutions-oriented offerings. James Dartnell reports from Beijing.
China, iPhone 6 sales surpasses the US
Apple achieved its second straight quarter of record results as demand for the new iPhone 6 surged and China became Apple’s second most important market after the US.
Huawei to expand retail presence
Huawei Technologies is seeking to double its retail presence around the world, amid a growing a pushing to sell more mid-range and high-end smartphones.
China discloses cyberwarfare unit
It came as a shock to just about no one in the cybersecurity industry that China has a cyberwarfare unit, which was acknowledged by the government there this week.
Why Amazon should widen focus
Ashish Panjabi, CEO, Jacky’s Electronics, discusses the online retail scenario across markets.
China bans banks from trading in Bitcoins
The price of bitcoins may be soaring, but China isn’t too thrilled with the virtual currency. On Thursday, it moved to regulate use of bitcoins, stating that its financial institutions could not deal in the virtual currency.
Chinese Apple supplier faces criticism after employee suicides
A manufacturer of glass coverings for Apple is drawing accusations of worker exploitation from Hong Kong labour groups concerned with several employee suicides at its factory in China.
China to ramp up stringent internet regulations
China is moving to further tighten its grip over social networking services, citing possible threats to national stability.