BEIJING, Feb 27 — Some of China’s largest Internet companies deleted more than 60,000 online accounts because their names did not conform to regulations due to take effect on Sunday, the top Internet regulator said. Alibaba Group Holding Ltd, Tencent Holdings Ltd, Baidu Inc, Sina Corp affiliate Weibo Corp and other companies deleted the accounts in a cull aimed at “rectifying” online names, the Cyberspace Administration of China (CAC) said.
The IT industry has high expectations from Budget 2015-16 in terms of attention and budget allocation. “We expect PM Modi government’s first complete Union Budget to outline the policy and regulatory framework to aid business sentiments and bolster growth,” says Kenny Ye, MD of UCWeb India. He says he hopes the new government is able to provide adequate thrust to investments in IT and its infrastructure, which could in turn act as an impetus to the the government’s Digital India mission.
BEIJING/WASHINGTON: China is weighing a far-reaching counterterrorism law that would require technology firms to hand over encryption keys and install security “backdoors”, a potential escalation of what some firms view as the increasingly onerous terms of doing business in the world’s second largest economy. A parliamentary body read a second draft of the country’s first anti-terrorism law this week and is expected to adopt the legislation in the coming weeks or months.
Millions of Vietnamese could not access google.com.vn on noon at February 23. Instead of the interface for information search, they saw an image of a young man who seemed to show off his iPhone, and the notice that the website had been hacked by Lizard Squad. Lizard Squad is a black-hat hacking group, known for its claims of distributed denial-of-service (DDoS) attacks to disrupt services related to gaming.
Chinese telecom operator China Mobile announced that by the end of January 2015, it had reached over 100 million 4G users. The company also announced that they plan to build one million 4G base stations, develop 250 million users, and sell 200 million devices in 2015. According to China Mobile, their 4G network has realized continuous coverage in most cities and towns and partial coverage in developed villages, reaching over one billion people. Meanwhile, they provide 4G roaming services in 71 countries and regions.
The 4G is the fourth generation wireless communication technology, allowing data transfer with maximum speed in ideal conditions up to 1-1.5 Gbps, over 40 times higher than the highest bandwidth of 3G services. In the world, more than 300 network operators have offered the technology and the most advanced smartphone models are integrated with 4G technology. Last year there were about 450 million 4G subscribers globally, and the number is expected to reach 830 million in 2015.
American game developer Zynga announced that the company will close its office in Beijing. Zynga announced the decision while publishing its performance report for the fourth quarter of 2014. The company said that they will cut the 71 jobs in Beijing office and the related expense of USD7 million will be included in the first quarter of 2015. According to Zynga’s financial report, the company reached operating revenue of USD183 million in the fourth quarter of 2014, a year-on-year increase of 9% and an increase of 9% compared with the previous quarter.
NEW DELHI: The government has given the task of identifying objectionable content on the internet to industry body IAMAI, telecom minister Ravi Shankar Prasad informed Parliament today. “Internet and Mobile Association of India (IAMAI), an association of content providers, has been mandated to prepare a list of objectionable sites, particularly pornographic websites, available on internet. “The identified sites will then be considered for disabling,” Prasad told Rajya Sabha. At present, Indian arms of leading internet companies occupy top ranks at IAMAI.
BEIJING: Some of China’s largest Internet companies deleted more than 60,000 online accounts because their names did not conform to regulations due to take effect on Sunday, the top Internet regulator said. Alibaba Group Holding Ltd, Tencent Holdings Ltd, Baidu Inc, Sina Corp affiliate Weibo Corp and other companies deleted the accounts in a cull aimed at “rectifying” online names, the Cyberspace Administration of China (CAC) said.
The parliamentary committee tasked with investigating the Government’s data retention bill has put its support behind the long-mooted introduction of a mandatory data breach notification scheme. The committee made the recommendation today in its report on the Telecommunications (Interception and Access) Amendment (Data Retention) Bill 2014. Australia’s Privacy Commissioner Timothy Pilgrim has long pushed for the introduction of laws that would force companies to notify customers as well as his office if personal information had been compromised in a data breach.
SINGAPORE – Investment in the Singapore startup ecosystem proposed for Budget 2015 were welcomed by entrepreneurs and venture capitalists (VCs) here, even as concerns over their limitation in scope and challenges in implementation lingered. The new venture debt programme – where the government will provide 50 per cent risk-sharing with banks to fund companies with “minimal collateral” – was one of the more monumental initiatives unveiled on Monday, according to those BT spoke to.
NEW DELHI: The Supreme Court has said that even as it has found inconsistencies in the stand taken by the government, it is allowing the auction of 2G telecom spectrum from March 4. It added that the outcome will not be finalized without its permission. While staying the February 12, 2015 interim order of Tripura High Court, the apex court bench of justice Dipak Misra and justice Adarsh Kumar Goel said that no bidder, if successful, shall claim any equity in the bidding process.
Malaysia is looking to make its progress towards environmental sustainability more transparent. This month it released data and rankings of the environmental efforts made by every state in the country. Here’s why it is publishing this information and the challenges that it’s facing. The Malaysia Environmental Performance Index (MyEPI) is calculated with 33 indicators based on state and national level data.
Mumbai in India plans to spend INR 225 million (US$3.6 million) on technology to track garbage collection across the city. The city will install radio frequency interface devices (RFIDs) in garbage bins that will tell the municipal authorities which bins have not been cleared. Garbage collection vehicles will be fitted with GPS to monitor their locations in real-time.
Manila-based Yoyo Holdings, the Japanese-led startup known for its mobile rewards platform Candy, announced last week that it has launched a lock screen-based rewards platform for Android users in Indonesia, called PopSlide. The app is available on Google Play in Indonesia. The platform distributes news, weather forecasts, other updates, and ads to your smartphone lock screen. In return for viewing such information, users receive rewards for free Internet access on their smartphone.
500 Startups today announced the launch of its latest microfund, 500 Kimchi. The US$15 million fund will target early stage startups in South Korea’s mobile space. Tim Chae, former entrepreneur in residence at 500 Startups and a K-Pop instructor, takes the helm as 500 Kimchi’s investing partner. The announcement says a new office will be set up in Seoul soon.
Jakarta is a megacity with a bad rep for underserving its inhabitants. Regular floods, fires, record-breaking traffic gridlocks, and pollution make life in Indonesia’s capital a daily stress test. But the tide is slowly turning as Jakarta’s government, now under the leadership of governor Basuki Tjahaja Purnama, is discovering how to make communication technology work in its favor.
SINGAPORE: As e-commerce continues to grow in the Asia-Pacific region, so too are the efforts of online merchants. In a bid to gain an edge over the competition, online vendors are providing new ways to connect with their customers in real time through services such as online chats. Seeking to capitalise on that, United States-based customer service software company Zendesk – which last year acquired Singapore live-chat start-up Zopim for US$29.8 million (S$40.2 million) – on Thursday (Feb 26) opened its Asia-Pacific headquarters on Commonwealth Drive.
NEW DELHI: The Supreme Court has asked high courts which have admitted petitions from some telcos challenging clauses in the spectrum auction rules not to proceed with them, saying that it will rule by March 3 on all such matters related to the sale guidelines. A top court bench, comprising justices Dipak Mishra and Adarsh Kumar Goel, said that it would rule on a petition filed by the central government seeking transfer of all pending cases in different high courts to clear the way for the auction.
TAIPEI, Taiwan — Foxconn’s Terry Gou (郭台銘), chairman of the world’s largest manufacturer of consumer electronics, yesterday said he hopes 70 percent of assembly can be automated within three years. Hon Hai Precision Industry Co., which trades as Foxconn Technology Group, sees robotics as a major investment direction for the coming year, Gou said at a prayer ceremony marking the Year of the Goat.
NEW DELHI: Large government and education projects, coupled with re-entry of older players in consumer segment, are expected to help the tablet PC market in India post single digit growth this year, research firm IDC said. The tablet market in India, which saw a correction post the introduction of BIS regulation in July 2013, closed at 3.5 million at the end of December 2014, a decline of 15 per cent over 2013.
TAIPEI, Taiwan — Chunghwa Telecom Co. (中華電信), Taiwan’s largest mobile provider, gave an assurance Thursday that its customers’ privacy remains secure, despite the alleged hacking of SIM card encryption keys based on technology of Gemalto, the world’s largest maker of mobile SIM cards. “Based on Gemalto’s response to Chunghwa Telecom, there is no evidence or concern that our customers’ SIM card encryption keys have been exposed in transit,” Lin Kuo-feng (林國豐), president of Chunghwa Telecom’s mobile business group, told a media gathering to announce the company’s 2015 annual targets.
Researchers at the Electronic Frontier Foundation (EFF) yesterday said that they had found evidence that implies attackers have exploited a security vulnerability in the Superfish adware and a slew of other programs. Superfish, a company that markets a visual search product, made the news last week when Lenovo was found to have pre-loaded the program on its consumer-grade PCs during a four-month span late last year.
The geographical expansion paid off in fiscal 2015 as revenue growth was led by jointly by the Americas and Europe with 33% year on year acceleration in revenue in each region. Asia-Pacific followed with 21% year on year revenue growth in fiscal 2015. It should be noted that Europe achieved the same revenue acceleration as the Americas despite foreign exchange headwinds from a weakened Euro.
Bandai Korea unveiled new online and mobile games using cartoon intellectual properties “Gundam” and “Digimon” in Korea, Thursday. Gundam is a sci-fi television anime series depicting giant robots and Digimon is a cartoon and video game content about creatures in an imaginary digital world. Both Japanese media contents have garnered significant popularity around the world.
Bitcoin enthusiasts in China exchanged a total of RMB 10 million (US$1.6 million) in Chinese New Year gifts using the cryptocurrency, according to Beijing-based exchange OKCoin. This mostly happened through WeChat, the popular messaging app, as half a million people used OKCoin’s mobile wallet and WeChat account – called OKLink – to gift bitcoin to their buddies during the course of the week-long holiday.
It’s been a decade and a half since the Indian IT industry began its ascendancy into the IT services stratosphere, quickly becoming a key supplier of much of the world’s IT-related software services needs. Today, it is a $100 billion-plus industry, with around $35 billion of business emanating from the US alone. But as it wends its way along the evolutionary path, some things have been made clear to even the casual observer:
Google Korea said Thursday it will continue to provide diverse solutions to help app developers more effectively promote their applications and attract new users. “There is plethora of apps out there, but the key is to create more users from the developers’ perspective,” said Jonathan Alferness, a product management director at Google.
Indonesia’s Lippo Group announced today the launch of its massive ecommerce venture MatahariMall – the online version of one of the nation’s biggest mid-priced department stores. Lippo Group is one of the archipelago’s largest and richest conglomerates, and has invested US$500 million into the initiative. Lippo plans to spend the money over the next two to three years in hopes that the site can create US$1 billion in sales.
TAIPEI, Taiwan — Taiwanese jobseekers’ interest in China has declined to a six-year low due partly to China’s economic slowdown, according to a 1111 Job Bank (1111人力銀行) survey released yesterday. The Taipei-based online job bank surveyed 1,103 people via email from Feb. 2 to Feb. 16, with a 2.95-percentage-point margin of error and 95-percent confidence level. About 61 percent of respondents claimed a personal interest in working in China, down 9 percentage points from 2009 and setting a new six-year low.