Newsflash on Dec 17. 2018

Time: 2018-12-17 09:46:13 Source: Digital360; China Daily



Game on for Chinese 5G firms.
Huge investments, intensive R&D mark the race toward next-gen mobile technology. It's a high-stakes high-tech race. Billions, maybe, trillions of dollars are up for grabs globally-and Chinese technology companies are vying to scoop up as much of the fifth-generation or 5G mobile telecommunication technology pie as possible, as the D-Day of commercial launch around 2020 nears.
 
B2B companies see more customers buying online. Nearly half of B2B companies expect 50% or more of their customers to buy from them online within three years, a new survey from Forrester Research and B2BecNews finds.
 

Smart cities to bring smart solutions. Tech advances to improve lives, offer faster commutes, clean air, reduce crime Smart cities promise to bring better lives, faster commutes, cleaner air and lower crime, all through the intelligent use of connected technology, said experts, and after huge investment in the sector, China is leading the way.
 

China to overtake Europe in AI research. The nation is set to overtake Europe as the world's biggest contributor to artificial intelligence research within four years, according to a new report.
 
The study of global AI trends also found that China is attracting more academic talent than it is losing, while Europe, the world's largest AI research market by number of publications, is suffering a "brain drain".
 

AWS to refund Korean customers for network failure. AWS will offer a 10 percent refund in the next monthly bill of South Korean customers that were affected by last month's network failure in Seoul, the company announced. The company suffered an hour-long network failure on November 22, which halted the services of major local online shopping malls and cryptocurrency exchanges.


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