Time: 2018-12-19 10:02:42 Source: Digital360; China Daily
Telecom giant Huawei to spend $2b on cybersecurity over next 5 years. Huawei Technologies Co Ltd said on Tuesday it would spend $2 billion over the next five years on cybersecurity by recruiting more people and upgrading laboratories, as the Chinese technology major seeks to ease concerns about its telecom gear.
Cheek for check-in: Alibaba opens AI 'future hotel'. Chinese internet giant Alibaba on Tuesday opened a hotel loaded with artificial intelligence (AI) and robots, automating a series of procedures like check-in, lights control and room service.
Online meets offline, as New Retail spreads. Two years after overtaking the United States as the world's largest consumer market, China is gaining pace in revolutionizing the retail-scape, with merchants hailing the dawn of the New Retail.
New Retail refers to the integration, or interlinking, of online and offline shopping using modern technologies, data and customer engagement techniques. It is a faddish term coined in 2016 by Alibaba's charismatic founder Jack Ma. In his words, New Retail is making the distinction between physical and virtual commerce obsolete.
Dow Chemical opens an online store on Alibaba’s 1688 portal. Dow joins a number of companies headquartered in the United States with a presence on 1688.com for selling to businesses in China.
Smartphone companies bet big on foldable screens. Smartphone makers are betting big on foldable screens that fit into a pocket to revive a market mired in an innovation lull and a sales slump.
Samsung Electronics Co Ltd revealed its much-anticipated foldable phone, which is a tablet when it is fully opened and becomes a smartphone when closed, at the company's annual developers' conference in San Francisco in November.
