CHINA TOPIX

05/01/2024 09:02:20 pm

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Michael A. Katz

JT

Study: Google Glass Has Blind Spots – Because They’re Glasses

A newly released study revealed that Google Glass causes blind spots. But reaction has been overblown as the risk turns out to be no greater than wearing regular eyeglasses with large frames.

investor

UBS Says China's Economy Will Slow Down Over Next Two Years

The investment bank forecasts that the China's GDP growth will decelerate to 6.8 percent in 2015 and 6.5 percent in 2016.

Alibaba

Alibaba Q2 Revenue Surges, But Faces Profit Margin Pressure

In its first quarterly earnings report since its IPO, Alibaba's revenue jumped 54% to $2.74 billion. However, its profit margins narrowed during the quarter, a trend that could continue, experts warn, if the company focuses too much on growth.

super cookie

Verizon Wireless Tracks Customer Web Use With Stealth ‘Super Cookies’

The super cookies allow Verizon to monitor and keep tabs on which websites its customers visit, and they can't be erased by the user, or avoided by setting a browser to private or incognito. "Verizon users might want to start looking for another provider," warns The Electronic Frontier Foundation.

Chinese bullet train

China Wins Contract to Build High-Speed Rail Link in Mexico

Mexico has granted a Chinese-led group a multi-billion dollar contract to build high-speed trains and a 130-mile rail link in the country - the first time China will export its high-speed trains.

Lei Chunian

Schoolboy Hero of Sichuan Earthquake Arrested for Fraud; Scammed Girlfriend Out of 100,000 Yuan

Lei Chunian, who as a 15-year-old became a national hero for rescuing seven other children during the 2008 Sichuan earthquake, allegedly took 463,000 yuan for favors he never delivered on - including 100,000 from his own girlfriend.

Blued

Chinese Gay Dating App Gets $30 million in Funding From Doll Capital Management

Chinese gay dating app Blued has received $30 million in series B funding from Beijing-based venture capitalist firm DCM-Doll Capital Management.

Cook

Tim Cook Wants Everything Apple Makes Available in China

Apple CEO Tim Cook wants everything the company develops to be available in China, and Apple Pay is his top priority.

Drone

China Successfully Tests Anti-Drone Laser Gun

The laser was able to take out a small drone aircraft within a 2-kilometer (1.2 mile) radius, and just five seconds after locating its target.

Hu Dong

Chinese Actor, Model Hu Dong Reportedly Arrested for Using Crystal Meth

The 45-year-old Hu reportedly confessed that he had been using crystal methamphetamines,

PMI

China Sees Drop in Factory Activity, Another Sign of a Slowing Economy

More evidence that China's economy is hitting the brakes has come in as the country reported a slowdown in its manufacturing growth for the month of October.

Brewing poop soup

Can Poop Soup Help Fight Cancer? Research Suggests Yes

Villagers in China are drinking manure-soaked water after an elderly woman claims it cured her cancer. Does it work? "Exposure to cow manure may explain why dairy farmers have substantially lower rates of lung cancer despite smoking," says a cancer research scientist.

ebola

China Uses Cell Phones to Track Travelers from Ebola Zones

Authorities in the Chinese city of Guangzhou, are giving free cellphones to travelers entering the region from the Ebola hot zones of West Africa in order to track them for 21 days.

Alibaba

Alibaba Says it Will Be Bigger Than Wal-Mart in Two Years

"Within two years, the online retail volume of Alibaba will exceed the sales of Walmart," said Alibaba's president Jin Jianhang. But is it comparing apples to oranges?

Consumer Sentiment

China's Consumer Sentiment Hits Three-Year Low, Job Market Outlook Worst in Five Years

The Westpac MNI China Consumer Sentiment Indicator fell to its lowest level since September 2011, while employment confidence fell for the fifth consecutive month to match a five-year low.

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