Wednesday, 27th, 2024 | 9:26PM Updated

 A general view of atmosphere at the Logitech holiday preview.
Logitech acquires Saitek brand, line of controller products

Logitech has acquired the Saitek brand and its line of controller products. The peripheral manufacturer wants to take on the industry of virtual reality with this acquisition.

More people in China are getting private health insurance because of dissatisfaction with the government's health system.
More Chinese Are Buying Private Health Care Insurance; Government Insurance Insufficient

The “hot” market of private insurance is rapidly increasing sales due to the slack health insurance coverage provided by the government.

Chinese consumers flock to Hong Kong to buy imported products.
Mainland Chinese Go to Hong Kong to Buy Imported Products

There is an increasing number of middle-class Chinese consumers going to Hong Kong to buy imported products.

 The first first person to buy the Xbox One Carlos Anthony at the Xbox One Launch at at Milk Studios.
Xbox One console sent to a random customer two months before announcement

Microsoft sent an Xbox One console prototype to a random person two months before its reveal. Beta versions of the console were stored in open and less secure part of a shipping facility.

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Samsung Vice Chairman Lee Jae-yong is thought to have been making key decisions since his father was hospitalized after a heart attack in 2014.
Samsung brings Scion Lee Jae-Yong to its board of directors as Galaxy Note 7 crisis boils over

Samsung Electronics Co. Vice Chairman Lee Jae-yong, the only son of its ailing chairman, was nominated on Monday to join its board of directors.

Alibaba chairman Jack Ma delivers a speech at the opening ceremony of the 13th China-ASEAN Expo & China-ASEAN Business and Investment Summit on Sept. 11 in Guangxi Zhuang Autonomous Region.
Alibaba’s Jack Ma to Provide Tech Support as Adviser to Indonesia’s E-commerce Industry

Alibaba founder and executive chairman, Jack Ma, has accepted Indonesia’s offer as e-commerce adviser to the Indonesian government, the Wall Street Journal reported.

Chinese ridesharing giant Didi has now also entered the car rental business.
Car Rental Drivers Now Need to Pass Exams to Qualify

Chinese transportation authorities are now requiring drivers who wish to offer online car rental services to pass an exam first before being allowed to conduct their trade.

Audi shows a prototype of its connected mobility vehicle, with an electrically powered longboard and scooter hybrid, outside the company's headquarters in Beijing.
Audi to Work with China’s Three Tech Giants in Developing ‘Connected’ Cars

Audi, the German luxury carmaker owned by Volkswagen, is planning to collaborate with China’s three biggest tech firms to increase its reputation in creating “connected” cars as the company signed agreements with Tencent, Alibaba and Baidu at its annual summit in Shanghai on Sunday, Sept. 11.

Finnish game company Supercell Co-founder and CEO Ilkka Paananen and Martin Lau, President of Tencent, shake hands after Tencent announced it had agreed to buy Supercell Oy from Softbank.
China Likely to Surpass US as Top Acquirer of Foreign Companies in 2016

China is likely to beat the United States as top acquirer of foreign companies this year, if Chinese enterprises continue with its buying spree and outbound merger and acquisitions (M&A) overseas, according to a Forbes article.

The New Yalu Bridge remains unfinished.
New Yalu River Bridge Remains Unfinished; North Korea-China Ties on Hold

The unsettled relationship of China and North Korea hampered the finishing of the New Yalu River Bridge.

Jack Ma is Alibaba's chief executive.
First Chinese Online Wine Festival Supported by Alibaba’s Jack Ma

The first ever online festival is supported by Alibaba CEO Jack Ma.

Ukraine's Antonov Company built the world biggest cargo airplane.
China and Ukraine Sign Deal to Build ‘Biggest Airplane in the World’

Both China and Ukraine forged a deal to resurrect the An-225 Myria.

Pokemon Go Fastest Mobile Game To Hit Revenues Of $500 Million
Sony CEO eyes mobile gaming; Calls ForwardWorks into AR feature to replicate Nintendo’s Pokemon Go success

Sony’s chief executive Kaz Hirai is getting serious about the future of PlayStation games as it enter the mobile-gaming world, after it suggest an “aggressive” push in line with the inevitable success accepted by its console rival Nintendo’s AR-oriented “Pokemon Go” app.

Alibaba Group Holding Ltd.'s stock performance is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York.
Alibaba Stocks to Climb to New All-time Highs Even with SEC Fine

Now on its 52-week high, Alibaba stocks could rise to new highs even if the SEC accounting probe fines the company for violations, according to an article published by seekingalpha.com.

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