Thursday, 28th, 2024 | 3:27PM Updated

A worker inspects solar panels at a solar farm in Dunhuang, northwest of Lanzhou, Gansu Province.
China’s Solar Panel Producers Picking Up After Sales Slump

China's photovoltaic (PV) industry has begun to pick up since last year, with a new aim to support the construction of solar power stations with installed capacity of 17.8 GW for this year, following serious sales slumps caused by the imposition of anti-dumping duties by the U.S. and the European Union, the Economic Information Daily reported.

After recording an 8.9-percent slump in exports last July, China overhauled its exchange rate formation mechanism.
Exporters Welcome Low Yuan, Expect Profits

Last week’s plunge in the value of the yuan is expected to benefit China’s export-driven companies, as many factory owners stated that they will profit from the depreciation.

Mike Jackson
Mercedes-Benz Honors AutoNation CEO Mike Jackson

AutoNation CEO Mike Jackson recently received an award from luxury car manufacturer Mercedes-Benz. Jackson received the 2015 Mercedes-Benz Star Driver Award on Aug. 15. The award is given annually as part of r the Monterey Car Week.

AT&T recently changed its policy towards network throttling.
New Documents Reveal AT&T Helped NSA Perpetrate Massive Spying Operation

With Internet security and online privacy currently one of the hotly debated topics in the United States, a new set of documents was recently publicized showing a close partnership between the National Security Agency and wireless network giant AT&T.

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Target sign
Target Ditches Gender-Specific Signage For Toys, Home and Entertainment

American retail company Target Corporation recently announced its plan to ditch gender labels on its toys and entertainment sections. The decision, clearly aimed to promote gender equality, was met with mixed responses with some raising the concern that the company is overdoing its efforts towards gender equality.

No person affiliated with Ruihai International Logistics Co. Ltd. has been held accountable for the accident since the investigation commenced.
Automakers Scramble to Assess Damage of Tianjin Blasts

Global automakers, including Volkswagen and Toyota, are racing to assess damage to cars and facilities after two massive explosions rocked the port city of Tianjin, China’s largest auto import hub.

Amazon announced that its Music app is now available on Android Wear devices.
Amazon Sets Up Presence in China to Widen Its E-commerce Business

Amazon.com Inc., the United States' leading e-commerce platform, has introduced its Amazon Global Store in China on Thursday, with the goal of capturing the Chinese market, the firm told the Global Times through an email statement.

Macy's U.S. will be debuting in China through Tmall Global.
U.S. Department Store Chain Macy's to Join Alibaba's Tmall Global Store

Macy's Inc., the famous mid-range department store chain in the United States, is set to establish presence in China later this year through Tmall, a top e-commerce platform in the country.

With the smartphone market practically saturated, HTC plans to move
HTC Announces Plans to Downsize to Compensate for Market Losses

HTC plans to let go of 15 percent of its workforce after reporting losses amid a difficult market.

Lenovo and Razer have revealed the Lenovo Y Series Razer Edition desktop PC.
Lenovo Announces Lay-offs as Part of Restructuring to Adapt to Harsh Market

Following disappointing profits, Lenovo has announced that it will have to let go of a significant portion of its employees as part of an effort to restructure.

More Chinese are now buying luxury items online.
Wealthy Chinese Scramble to Move Money Offshore After PBOC Devaluation

Several wealthy Chinese are scrambling to ship their money out of the country for fear that the 2-percent devaluation on Tuesday, Aug.11, would be the start of a long-term currency slide, despite the pronouncement by the People’s Bank of China (PBOC) that further depreciation has no basis, the Shanghai Daily reported.

Candy Crush Saga
Candy Crush Crashes As Q2 Gross Bookings Drop 13%, Shareprice Dips 9%

Has the popular game Candy Crush gone the way of Angry Birds? After months of being the favorite of gamers, gross bookings for the second quarter dropped 13 percent to $529 million, reports King Digital Entertainment, the developer of Candy Crush.

Google is an American multinational technology company specializing in Internet-related services and products.
Google Puts Up Umbrella Company Alphabet; Name Implies Above Average Profits

Alphabet, Google's new investment corporation, will be led by Google founders Sergey Brin and Larry Page. Page will serve as the CEO, Brin will become President, while Google's executive-turned-CEO, Sundar Pichai will be entrusted with running the company's search engine, YouTube video services, as well as online advertising operations.

A study conducted by Boston Consulting Group revealed that about 3.5 million Web-based jobs are set to be created in China by 2020.
Internet Boom Creating More Job Opportunities in China: Study

A study conducted by Boston Consulting Group (BCG) revealed on Wednesday, Aug.12, that about 3.5 million Web-based jobs are set to be created in China by 2020, brought about by the Internet boom, the China Daily reported.

A new set of leaked photos provide hints regarding what the BMW i5 will look like.
BMW Refuses To Sell Alphabet.Com Domain To Google

When Google launched its parent company Alphabet, many were puzzled why the search engine giant decided to give it a domain name abc.xyz instead of using the more common .com top-level domain. As it appears, the Alphabet.com domain is already taken by German automotive manufacturer BMW and the company has no plan of selling it to Google.

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