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Vice President of Tencent says Wechat will never read and store chat log

Huawei and Tencent in standoff over user data triggers discussion on the definition of user authorization and data security. On August 15, Ding Ke, vice president of Tencent, responded to the Beijing News about the above questions for the first time. He said that Tencent held an internal meeting with Huawei executives on Friday, which […]

Freestylers on Rap of China Go Viral

Rap Battles! Young folks showing others how it’s done If you’re looking for how freestyling is done, your best bet is by watching the TV series, the Rap of China. The iQiyi produced network variety show not only went viral on WeChat and Weibo, it even became the new hot topic among those in the […]

The Tmall “Auto Vending Machine” Is Expected to Be Launched This Year

Within about 20 minutes, Devin had placed an order on Tmall and purchased a new car by using the “auto vending machine.” Because his Sesame credit is higher than 750, the credit approval process takes merely a few seconds to complete, can begin making the downpayment for 10%, and the new car can be driven […]

Kai-Fu Lee: I disagree with Elon Musk’s “AI will destroy humanity”

Frankly speaking, I do not quite agree with the view of Elon Musk’s that “AI will destroy humanity”. I have specific views about five areas: AI is just a tool and far from superintelligence. Based on my work experience in the research, development and investment of the AI field over the last 37 years, such […]

“Copy to China” Companies that Just Aren’t Fitting In Well

Let’s rewind back to the first 20 years of Internet development in China and talk about its business model. What everyone did back then was “Copy to China”. We essentially brought successful business models from Europe and US to China. For example: Sohu copied Yahoo Tencent copied ICQ Baidu copied Google Taobao copied eBay Meituan […]

After fighting with Baidu, JD.com may join the BAT Group

JD’s (京东）closing price on June 26 was $43.08, raising their total market value to $61.149 billion. They are quickly approaching to Baidu‘s total market value of $61.973 billion at the time, thus threatening the existing group of tech giants BAT: Baidu, Alibaba, and Tencent. In comparison, Baidu is lagging behind the other two in terms […]

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