Enterprise Innovation — Credit Suisse has released an enhanced private banking app available to customers with accounts in Hong Kong. The bank’s initial digital private banking platform was first rolled out in Singapore in March 2015. More than 12 months of client usage analysis and usability testing led to the launch of an enhanced version of the app launched in Hong Kong, with a brand new design and client user interface as well as additional language capabilities.
Datacenter Dynamics — Hosting provider RootBSD, which specializes in deployments based on the Berkeley Software Distribution (BSD) Unix version, has expanded its cloud service footprint with a new data center in Hong Kong. Root BSD has a presence in over two dozen data centers around the world, and has added this new one in HKNet’s data center at Evergain Plaza, which is marketed as Tier II facility. HKNet is a subsidiary of NTT Com, and runs a carrier-neutral facility with Tier 1 backbone connectivity.
Hostre View — Datapipe, a leading provider of managed hosting and cloud services for the enterprise, has teamed up with Microsoft to drive the ease of cloud adoption among businesses in Hong Kong and broader Asia-Pacific. Datapipe has been recognized by Microsoft as a Direct Partner in its Cloud Service Provider (CSP) Program in Hong Kong. This makes Datapipe one of only four Direct CSP Partners in Hong Kong.
Datacenter Dynamics — A major network outage affecting disparate services such as WhatsApp, Reddit, CloudFlare and AWS on Monday was apparently caused by an engineer at TeliaSonera, who misconfigured a router and accidentally sent most of Europe’s traffic to Hong Kong, the Register reports.
Vietnam Net — According to this source, the AAG cable maintenance unit will have to reconfigure the source system and weld the optical cable of the segments connecting Vietnam to Hong Kong and America. The segment between Vietnam and Hong Kong will be welded from June 22 to 27. Then this segment will be interrupted from communications and the source configuration will resume operation on June 28.
ZDNet — Asia-Pacific fibre infrastructure company Superloop has announced that it is hoping to raise AU$35.3 million through a fully underwritten one-for-seven pro-rata accelerated entitlement offer of shares. Superloop is offering a total of 16,793,942 new shares at AU$2.10 per share, a 12.9 percent discount off the closing share price on June 16 prior to Superloop placing itself in a trading halt on Friday morning pending the announcement.
WSJ — HONG KONG—When the names and birth dates of more than 11 million children and adults were leaked from its online learning database last November, toy maker VTech Holdings Ltd didn’t discover the breach until a reporter emailed the company nine days later. Company executives said VTech took four more days after being notified before it asked users to change their passwords—and another 16 days before it issued a public statement about the breach.
The Standard — Six banks will bring Apple Pay to Hong Kong this summer with their Visa, Master-Card and American Express credit cards, including the Hongkong and Shanghai Banking Corporation and Hang Seng Bank. Other banks taking part are Standard Chartered, BOC Hong Kong, The Bank of East Asia and DBS Hong Kong.
Enterprise Innovation — IBM and gategroup have completed a 28-month project for the launch of Catering Planner for Cathay Pacific and Dragonair. This program is a new, flexible, cloud-based infrastructure to automate and enhance the airlines’ in-flight catering operation efficiency. Cathay Pacific and Dragonair together serve more than 40 million in-flight meals annually.
Japan Today — Japanese video game giant Nintendo has “insulted” Hong Kong fans by neglecting their plea to retain the more familiar Chinese names of characters in comic Pokemon, activists and fans said Monday. Petitioning at the Japanese Consulate General office, about 20 people led by radical political group Civic Passion and fans of the cartoon featuring super-powered creatures sought to have the Japanese government step in and press for more respect in local culture by Japanese firms.
PRNewswire — SINGAPORE: Research commissioned by NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced the findings of a joint study with Frost & Sullivan, revealing a strong correlation between the use of the cloud to access IT resources and the degree of internationalisation of a business.
The Stack — Speaking at this year’s inaugural Cloud Expo Asia in Hong Kong, Victor Lam, CIO of the region’s government, presented a keynote address in which he discussed the federal initiatives under way to boost cloud and data centre development – two markets he believes represent the ‘technology pillars’ in the digital economy.
Times of India — HONG KONG: Hong Kong’s central bank has a launched a new programme to strengthen lenders’ ability to protect their critical technology systems after recent attacks by unidentified groups on a global messaging system used by the financial community.
Channel News Asia — HONG KONG: Hong Kong’s securities regulator said that Chinese e-commerce giant Alibaba Group Holding Ltd breached takeover rules in the purchase of a healthcare firm in 2014 because it also bought a company owned by the brother of the healthcare firm’s vice chairman on “favourable terms.” Alibaba agreed to buy a stake in CITIC 21CN, now known as Alibaba Health Information Technology Ltd, for US$170 million two years ago.
Enterprise Innovation — A Forrester study commissioned by Microsoft revealed vastly different levels of maturity in cloud understanding and adoption among financial services institutions (FSIs) in Hong Kong and across Asia Pacific. The report titled ‘Cloud is Critical to Digital Transformation in the Asia Pacific Financial Sector’ analyzed the impact of regulatory compliance, security and privacy, and reliability concerns on current and future cloud initiatives.
Tech in Asia — On-demand logistics startup GogoVan raised a series C funding round, it announced today. The funding amount is undisclosed, but is described as “a decent amount for future business expansion.” The round was led by private equity firm New Horizon Capital and was joined by Singapore Press Holdings, Hotung Investment Holdings, and existing investors. Alibaba’s new US$130 million Hong Kong Entrepreneurs Fund also participated.
Advanced Television — Netflix has released April data for its ISP Speed Index, a monthly update on which Internet Service Providers (ISPs) provide the best prime-time Netflix streaming experience. This month, Netflix included nine countries in Asia to the index as the company start adding countries where we launched service earlier this year.
Nikkei — HONG KONG — China’s e-commerce giant Alibaba Group Holding is set to provide venture capital for GoGoVan, an online logistics platform based in Hong Kong. Through its Hong Kong Entrepreneurs Fund, a not-for-profit initiative launched last year, Alibaba joins private equity firm New Horizon Capital, venture capitalist Hotung Investment Holdings, and media heavyweight Singapore Press Holdings, along with existing investors, in GoGoVan’s third injection of investment capital, also known as “Series C”, completed on Thursday.
Enterprise Innovation — During the 2016 budget speech, Financial Secretary John Tsang announced a HK$2 billion Innovation and Technology Venture Fund that will match investments made by private venture capital funds in local technology start-ups. Another HK$500 million has also been earmarked for an Innovation and Technology Fund for Better Living, which aims to encourage the city’s various industries to develop creative technology solutions.
Enterprise Innovation — As the government starts to take serious steps in developing Hong Kong into a smart city, leaders in both the government and private sector must change their mindset to enable the quick execution of various initiatives being laid out for the city’s smart city journey.
Cloud Computing News — Hong Kong is the most ‘cloud-ready’ Asia Pacific nation with an overall ranking higher than that of the US and UK, according to the latest analysis from the Asia Cloud Computing Association (ACCA). Japan, previously the leader, moved down four places to #5 in the chart with an overall score of 73.0 compared to Hong Kong’s 78.1, with the latter scoring top markets in broadband quality, privacy, and data centre risk.
My Broadband — Growing trade between Africa and Asia has prompted talk of a new mega subsea broadband cable along Africa’s eastern coastline, says Hong Kong ICT firm PCCW. Last week, PCCW said it along with Telkom, MTN , Saudi Telecom Company (STC) and Telecom Egypt (TE) signed a memorandum of understanding to build Africa-1.
PCCW Global has entered into a long-term collaboration with Keppel Data Centres Holding to co-develop and market an international carrier exchange in Hong Kong. The 1000 square meter facility will be fitted out to Tier III specifications with 2N power redundancy to ensure service availability of up to 99.982%.
Your Industry News — Keppel Telecommunications & Transportation Ltd (Keppel T&T) through Keppel Data Centres Holding Pte Ltd, has entered into a long-term collaboration agreement1 with PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider.
Tech on Asia — Bitmex, a financial trading platform that aims to let anyone bet on anything, has claimed the top prize at the Arena startup pitch battle at Tech in Asia Singapore 2016. The startup has clinched US$10,000 in cash. It also earlier won the Fintech Pitch Battle powered by DBS. Here’s our in-depth profile of Bitmex.
MIS Asia — Alibaba Cloud — the cloud computing arm of Alibaba Group — has launched its first global startup programme called Create@Alibaba Cloud. The programme — which is an expansion from Alibaba Cloud’s previous initiatives in Hong Kong and China — is aimed at enabling startups to maximise their potential through Alibaba’s support network and suite of cloud infrastructure services.
Networks Asia — Asian countries, led by Hong Kong and Singapore, top the new Cloud Readiness Index (CRI) 2016 released by the Asia Cloud Computing Association (ACCA). Hong Kong leads APAC in cloud readiness, jumping four spots from the previous Index to oust Japan from the top rank. Singapore is a close second and also moved two ranks higher from fourth place in the previous CRI.
Enterprise Innovation — Hong Kong’s leading English-language newspaper, the South China Morning Post (SCMP), has ditched its 10-year-old paywall, giving free access to its content to the public effective 6:00 p.m. on 5 April. Concurrent to the paywall removal, a new SCMP Mobile app has been launched, which offers new features including search, personalization, faster loading time, deep linking from social media and easy navigation.
Enterprise Innovation — Mobile shopping has become increasingly popular in Hong Kong with more than two in five making purchases via their mobile device in the last three months, the latest MasterCard Online Shopping Survey reveals. The widespread use (98.8 percent) of Internet-enabled smartphones in the city has set the backdrop for more and more Hong Kongers (42.9 percent) choosing to shop on their smartphones, marking an 18.3 percent increase since 2011.
Enterprise Innovation — Banks based in Hong Kong are very focused on their perimeter security that they overlook to protect their online banking services on the application and user levels. “They are still in the alignment stage and they don’t emphasize protection in the application and user level,” said Juni Yan, managing director for Hong Kong and Taiwan at F5 Networks.