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Google Mini captures top spot in connected speaker market: survey

Google Home Mini has vaulted to the top spot in the global market for connected speakers, edging out a rival device from Amazon, a survey showed.

The Strategy Analytics report for the second quarter of 2018 showed the smallest device from Google (foreground, in orange) captured 20% of the market with sales of 2.3 million. — AFP

China urges US to show sincerity, correct behaviour in trade actions

BEIJING: China hopes the United States will show sincerity and take steps to correct its behaviour, its commerce ministry said yesterday, after both countries slapped new tariffs on each other’s goods this week in an escalating trade war.

US President Donald Trump has threatened further retaliation if Beijing takes aim at US agricultural or industrial workers as he accused China of trying to sway US elections by targeting farmers.

Meituan up 5% on debut in positive signal for HK IPOs

Counter is valued at US$55bil after strong first-day showing

Meituan’s stock market performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and previous multi-billion dollar IPOs that have struggled to hold above their issue price, such as smartphone maker Xiaomi and China Tower.

Alibaba’s Jack Ma says trade war ends 1 million US jobs promise

BEIJING: Alibaba Chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the United States due to U.S.-China trade tensions, Chinese news agency Xinhua reported on Wednesday.

Jack Ma on how to avoid trade tension

HANGZHOU: The prolonged trade tension between the United States and China will not take place if the way trade is conducted becomes technology-based.

Alibaba Group founder and executive chairman Jack Ma said a technology-based trading method would result in fewer trade barriers and less tensions.

SAP, Alibaba team up on cloud services

SAP SE, the German business software company, said it was teaming up with Alibaba to offer its flagship products on the Chinese company's cloud infrastructure.

SAP is teaming up with Alibaba to offer its flagship products on the Chinese company's cloud infrastructure. — Reuters

Jack Ma: Change way trade is conducted to avoid tensions

HANGZHOU: The prolonged trade tension between the United States (US) and China will not take place in the future if the way trade is conducted becomes technology-based.

China’s Alibaba doubles down on chips amid cloud computing push

Alibaba Group Holding Ltd will set up a dedicated chip subsidiary and aims to launch its first self-developed AI inference chip in the second half of 2019 that could be used for autonomous driving, smart cities and logistics.

Alibaba's aggressive drive to develop its own semiconductors comes as China's government looks to raise the quality of home-made chips to help propel high-tech domestic industries from cutting-edge transport to AI healthcare systems. — Reuters

AstraZeneca plots China robot offensive to counter price cuts

With smart cancer diagnostics, one-stop-shop diabetes kits and AI systems to improve ambulance pick-ups for patients with chest pain, AstraZeneca aims to move from simply supplying drugs to become a broad healthcare provider in China.

Tencent investment executive quits amid Chinese gaming industry turmoil

Tencent Holdings Ltd executive Jonathan Lai, who led the company's investments into Western digital entertainment firms, has left to join a New York-based investment manager, according to his LinkedIn profile.

Lai's exit comes at a time when Tencent is reeling from a Chinese crackdown on online gaming that seeks to limit the number of new online video games and restrict the time young people spend playing games. — Reuters

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