Thursday, 28th, 2024 | 2:43AM Updated

China's First Domestically Developed Electric Aircraft Delivered To Faku Caihu Airport
China to Build 500 More Airports by 2020

In anticipation of the soaring growth of China’s aviation industry, the government plans to build 500 more airports across the country by 2020.

Jean Liu, Didi Chuxing president, answers questions from media during a news conference in Beijing early this year.
Apple Enters China Taxi Service, Invests $1 Billion in Startup

Apple has moved from selling iPhones to offering services, joining China’s taxi service sector and investing $1 billion in Didi Chuxing, the country's largest ride-hailing company, according to an article published by ft.com.

Nintendo is prepping up to produce, film and distribute movies on their own.
Nintendo 2016 news: Nintendo President confirms possibility of Nintendo movie adaptations; Company gearing up to enter movie industry

Nintendo has ventured towards producing movies based on its roster of successful and popular game franchises in the past. However, it has been awhile since the company dipped its toes in film development. Moreover, its most famous theatrical worldwide adaptation “Super Mario Bros.” released in 1993 has been less than successful. Nevertheless, it seems like Nintendo is gearing up towards entering the movie business once again.

The Asian Infrastructure Investment Bank (AIIB) is headquartered in Beijing.
Study Calls China the Global Leader in Development Finance as India Takes Its Title as Fastest Growing Economy

A recent study declared China as a global leader in development finance as India takes its place as the fastest growing economy in the world.

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Facebook founder and CEO Mark Zuckerberg at the f8 Developer Conference.
Facebook CEO invites prominent conservative leaders for private meeting

Facebook Inc. chief executive Mark Zuckerberg invited conservative leaders on May 18 for a private meeting. The social media company is doing this for a damage control campaign after a bad rumor surfaced on a tech website.

List of companies that use Quickplay's video streaming solution including AT&T its new owner.
QuickPlay will now power AT&T TV and video streaming to take on Netflix and Amazon

QuickPlay, a video streaming platform, has been acquired by AT&T to boost its video streaming services to take on Netflix and Amazon. The tech company revealed the news on May 17, Yesterday, but the terms of the deal are still undisclosed.

Otto Self-Driving Trucks
Google’s self-driving, Maps gurus are co-founders of trucking startup Otto

Google, Apple, and Tesla former employees have teamed up to launch a new company to turn big rigs into self-driving trucks. Otto is a San Francisco-based startup with 40 employees including co-founders Anthony Levandowski from Google's self-driving car team, and former Google Maps head Lior Ron.

A customer looks at a fake luxury bag allegedly bought and shipped from a Chinese online store.
Alibaba Pledges to Remove Counterfeits Following Suspension

China's e-commerce giant Alibaba has vowed to get rid of counterfeits on its online platforms following the suspension of its membership in an international anti-counterfeiting group, China Daily reported.

Consumers check out the gold and platinum accessories at a jewelry store in China.
China’s Interest on Platinum Jewelry Drops, Lowering World Demand

Despite lower global prices, the demand for platinum jewelry in China is diminishing, which sends global demand to further decline, Reuters reported.

Microsoft CEO Satya Nadella holds a new Nokia Lumia 930 as he delivers a keynote address during the 2014 Microsoft Build developer conference on April 2, 2014 in San Francisco, California.
Microsoft rumored to sell its Nokia division to Foxconn, merge Microsoft Mobile with Surface team

The phone business of Microsoft has never been its forte, and now the company is reportedly contemplating to move out of it. According to latest reports, the company plans to license the Nokia brand, whose rights it holds until 2024, to Foxconn.

BB-8 is shown in a Project Spark creation
Microsoft to officially shut down Project Spark online services on August

Microsoft is shutting down their Project Spark video game creator as they end the online services because the company believes it is no longer feasible to maintain the development.

Margarethe Vestager
Google faces all-time biggest antitrust fines, search limits in Europe

Google is facing record-breaking anti-trust fines in Europe for monopoly abuse related to the company's popular search engine. European Union (EU) officials in Brussels are wrapping up a seven-year investigation of the Alphabet company.

StarVR Headset
Acer joins Starbreeze to build pricey VR headset for arcades, theme parks

Acer is teaming up with Starbreeze to build a high-end virtual reality headset designed for theme parks and arcades. Starbreeze has been showing off the headset during the past year, but future development of StarVR will be a partnership between the PC giant and game studio.

Facebook Moments
Facebook yanks facial recognition tech from EU version of Moments over privacy laws

Facebook is launching a brand new version of its photo-sharing tool Moments to Europe and Canada after the initial rollout almost a year ago. However, one major difference is that unlike Moments available in the United States it is missing facial recognition tech.

Consumers check the new Hyundai SUV at the 2016 Beijing Auto Show.
Hyundai, Kia to Produce Low-cost SUVs to Compete with Chinese Rivals

South Korean automaker Hyundai Motor and its affiliate Kia Motors are set to launch three low-cost sport utility vehicles (SUVs) in China next year, people privy to the plans told Reuters.

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