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  • August 31, 2014
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  1. Business - Companies - INTERNET

    Online liquor store Jiuxian lands 300m yuan investment

    Posted Aug 21st 2014, 06:37pm by James Griffiths

    ... James Griffiths james.griffiths@scmp.com China’s largest online alcohol retailer Jiuxian announced it had received a 300 million yuan (HK$377.9 million) equity investment from several ... to the Beijing-based retailer’s sixth round of financing, according to Tech in Asia. Jiuxian has raised almost 1 billion yuan in financing since 2011, including from Sequoia Capital, which also invests ...

    http://www.scmp.com/business/companies/article/1578566/online-liquor-store-jiuxian-lands-300m-yuan-investment
  2. News - China Insider - INTERNET

    'Closest thing China has to a presidential debate': face-off between two geeks over a mobile phone

    Posted Aug 28th 2014, 08:24pm by Chris Luo

    ... and his companies advertised. The T1 is the first product Smartisan released in the mainland. It launched months ago and sells for 3,000 yuan (HK$3,775) each. The entire debate dragged ... by questioning his review’s motive and pointing out that Zealer received eight million yuan in investments from four domestic smartphone makers. Wang responded that his company’s operation and editorial ...

    http://www.scmp.com/news/china-insider/article/1581473/battle-geeks-chinas-first-live-tech-debate-clicks-28-million
  3. News - Hong Kong - INTERNET

    Alert over increase in online scams as e-commerce grows

    Posted Aug 12th 2014, 05:03am by MICHAEL DE WAAL-MONTGOMERY

    ... a Hong Kong discount trading website last year, but didn't receive their products. Public records show that the company, Import Stock, incorporated in Hong Kong in March 2010, went ...

    http://www.scmp.com/news/hong-kong/article/1571557/alert-over-increase-online-scams-e-commerce-grows
  4. News - World - INTERNET

    'Treat cyber crime like deadly disease': security experts call for aggressive government action

    Posted Aug 11th 2014, 04:49am by Reuters

    ... concerned about technologically sophisticated enemies using malware to sabotage utilities, wipe out data stored on computer drives, and steal defence and trade secrets. Such fears, along ...

    http://www.scmp.com/news/world/article/1570864/treat-cyber-crime-deadly-disease-security-experts-call-aggressive
  5. News - Hong Kong - INTERNET

    CUHK just one of data hijackers' half a million targets

    Posted Aug 07th 2014, 04:25am by DANNY LEE

    ... year worth about HK$100 per bitcoin, and is now worth about triple that. "If income from extortion has an effect on trading activity, [the bitcoin community] have a huge problem," ...

    http://www.scmp.com/news/hong-kong/article/1567854/cuhk-just-one-data-hijackers-half-million-targets
  6. News - World - INTERNET

    Talk on identifying users of internet privacy service Tor cancelled

    Posted Jul 22nd 2014, 11:45pm by Reuters

    ... advantage of its cloak of anonymity. The Black Hat conference, one of the longest-running and best-attended security trade shows in the world, is scheduled for Las Vegas on August 6-7. Corley said ...

    http://www.scmp.com/news/world/article/1557262/talk-identifying-users-internet-privacy-service-tor-cancelled
  7. Business - China Business - INTERNET

    Launch of new products to grow mainland China online finance market

    Posted Jun 25th 2014, 02:37am by BIEN PEREZ

    ... York, was the first to launch an innovative online wealth management product for mainland consumers last June. The highly successful Yu E Bao money market fund had raised about 554 billion yuan (HK$696 billion) and signed up about 81 million investors by the end of April. With Yu E Bao, Alibaba lowered the minimum fund investment to one yuan from the previous average of about 1,000 yuan ...

    http://www.scmp.com/business/china-business/article/1539914/launch-new-products-grow-mainland-china-online-finance
  8. News - China - INTERNET

    Video sharing site Qvod fined 260m yuan for sharing porn, infringing copyright

    Posted May 21st 2014, 06:20pm by He Huifeng

    ... will be fined 260 million yuan (HK$327 million) for linking to pornographic material and copyright infringement, according to media reports in Shenzhen. Qvod, founded in 2007, has been accused ... without authorisation. Qvod was fined 250,000 yuan. Early last month, Qvod was compelled to shut down its servers after the National Copyright Administration said it continued to violate ...

    http://www.scmp.com/news/china/article/1517306/video-sharing-site-qvod-fined-hk327million-sharing-porn-and-infringing
  9. News - Hong Kong - INTERNET

    Hacking fears as Facebook crashes

    Posted Jun 20th 2014, 02:43am by Christy Choi and Adam Martin

    ... confirmed between late May and June 14, including three that involved cash trades resulting in financial losses. Line said the problem was not with its security but with users failing to take care ...

    http://www.scmp.com/news/hong-kong/article/1536419/hacking-fears-facebook-crashes
  10. News - World - INTERNET

    Independent music labels clash with YouTube over subscription service

    Posted Jun 18th 2014, 09:55pm by GDN

    ... will block videos from labels that do not sign licensing deals for the new premium tier will be hugely controversial among indie labels. Trade body Worldwide Independent Network (Win) has filed ...

    http://www.scmp.com/news/world/article/1535691/independent-music-labels-clash-youtube-over-subscription-service

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