Zong Zhong Peng

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Tencent takes a 15 percent stake in Alibaba rival JD

Tencent (HKG: 0700), the tech giant behind China’s QQ and WeChat messaging apps, is radically shaking up its ecommerce operations by forming a …

The Console Market Is In Crisis

A few days ago Sony announced it has now sold a total of 6 million PlayStation 4 consoles. Microsoft’s next-gen equivalent, the Xbox One, has likely racked up sales of around 4 million so far. Both flagship consoles were released around the same time in late November last year, in time for the 2013 …

Is Marc Andreessen right about what is holding the media industry back? Mostly, yes

Advertisement<p>14 Comments<p>Credit: All Things D<p>Venture investor Marc Andreessen of Andreessen Horowitz doesn’t have many media investments, apart from …

Sony Looks To The Past To Move Forward

The PlayStation. The Walkman. The Trinitron. The transistor radio. All icons in Sony’s storied history from an era when the Japanese giants still roamed the earth. The Sony of today is not like the Sony of yesterday. For every memorable blockbuster, there’s an infamous flub: The late embrace of …

By dumping Motorola, Google gains more control of Android

Forget how much Google potentially lost by selling Motorola Mobility to Lenovo — pay more attention to what it has to gain.<p>Now that Google no longer has a mobile hardware division of its own, it has more leverage to work together with other Android phone makers. And that could be the key to taming …

WeChat, A Messaging App With 300 Million Users, Could Keep Facebook And Twitter From Expanding Into China

The New York Times David Barboza writes that the app created by Internet company Tencent has made it impossible for Facebook and Twitter to expand in Asia.<p>Barboza interviewed Forrester Research technology analyst Wang Xiaofeng who explained the core problem:<p>"Weixin has all the functionality of …

Google Play

Why Verizon is buying Intel Media: it’s all about taking on Comcast

Advertisement<p>9 Comments<p>Credit: Peshkova / Shutterstock<p>Verizon(S VZ) made it official on the day of its Q4 2013 earnings call: The company is indeed …

Should Microsoft Acquire Yahoo For $53 Billion?

In February 2008, Microsoft offered to buy Yahoo for $31 a share — then a 61% control premium. Yahoo said no thanks but six years later, Microsoft should only offer a 30% premium of $52 a share – or $53 billion. How else can Microsoft hire a CEO who will boost its stock price even as it loses …

HP just can’t quit Windows 7

Advertisement<p>8 Comments<p>Poor Windows 8. Hewlett-Packard(s hpq) is promoting PCs running Windows 7 in a “back by popular demand” promotion on its …

How Badly Did Satoru Iwata's Nintendo Mess Up? Let Us Count the Ways

Amid the news of Nintendo's severely lowered sales forecasts, many fans and armchair analysts are arguing for the removal of the company's president, …

Tencent's 10TB of free cloud storage is hands down the best

How much shareable cloud storage can you get for free nowadays? Dropbox, probably the most popular option, offers a measly 2GB in it’s free tier. Box …

Snapchat, Hedge Funds, and the Future of Investing in Startups

Where there’s money to be made, you’ll find investors…ok, hedge funds.<p>Leena Rao’s TechCrunch article yesterday on the return of hedge funds to startup investing identifies a trend that we all felt was happening but didn’t necessarily have the high-profile example to jog us. When Snapchat, the hot …

Netflix, Hulu, Amazon Prime Originals: Time To Cancel Your Cable Subscription | HuffPost

Xbox One's 3m vs. PS4's 4.2m - Sales numbers don't always tell the whole story

As part of the ongoing sales numbers/chest-beating competition between Sony and Microsoft, the two companies have both showed their latest sales figures: 3 million for the Xbox One, which is ever so slightly behind the 4.2 million of the PlayStation 4. For those, like me, who take a bit too much …

Nintendo Confirms Wii U Has Flopped, Slashes Sales Forecast By ~70%

Nintendo has confirmed what we knew already: its unhappy controller/console combo, the Wii U, is a flop. The company said hardware sales of the Wii U had failed to reach its target during the year-end, pushing it into a third consecutive annual loss, Reuters reports.<p>“We failed to reach our target …

The Rise Of The Hedge Fund Startup Investor (Again)

The first question I thought of when I read that San Francisco hedge fund Coatue Management was the backer behind Snapchat’s $50 million round of funding was which VC firm lost the deal. My second question was why take money from a hedge fund?<p>In the past two years or so, you have seen more hedge …

Investors Drop Big Money On Dropbox So It Can Beat Box

Dropbox is raising between $250 million and $400 million at a $10 billion valuation according to the Wall Street Journal and Re / code. Why? Because Dropbox has spent the last year rebuilding its product to make it work for businesses, and now it’s time to sell that product. How? Because a source …

Amazon Patents “Anticipatory” Shipping — To Start Sending Stuff Before You’ve Bought It

Amazon’s plans for autonomous flying delivery drones are so last year. The ecommerce juggernaut is purportedly working on something far more dystopian: pre-shipment.<p>Amazon has filed a patent for a shipping system designed to cut delivery times by predicting what buyers are going to buy before they …

One diabetic’s take on Google’s Smart Contact Lenses

Advertisement<p>172 Comments<p>One in 19 people on this planet have diabetes. I am one.<p>About four to six times a day I am reminded of many things — my …

To understand the future of TV, look in your pocket

Advertisement<p>14 Comments<p>Credit: Flickr / GianCayetano<p>The future of TV is a hotly debated topic. And while consumption of TV content has increased …

China Tech Startup Nabs $120 Million To Go Global With Softbank's Support

Chinese tech startups continue to make big strides forward. The latest example is mobile Internet company Wandoujia.<p>The Beijing-based, three-year-old startup just raised $120 million in one of the largest venture capital financings seen in China’s short Internet history. The funding from Softbank, …

Twitter said to be teaming with Stripe for in-tweet payments

Twitter could soon announce a partnership that would allow retailers to accept payment directly in tweets, according to a report by Recode.<p>Twitter may soon be a platform retailers use for more than just advertising and marketing. If a report published today is accurate, retailers may soon be able …

eCommerce

Google[x] Testing Smart Contact Lenses To Help Monitor Diabetes

Google is testing out a contact lens product that is designed to help measure glucose levels in tears in an attempt to manage a patient’s diabetes. An outcome from the company’s Google[x] department, the prototypes are capable of generating a reading once per second. Google is also in talks with …

You can now 3D print directly from Adobe’s Photoshop

Advertisement<p>3 Comments<p>Credit: Signe Brewster<p>First Microsoft, now Adobe: 3D printing will get a big mainstream boost Thursday when users find they …

Nintendo Announces Massive 45% Increase In 3DS Game Sales In 2013

While the Wii U is still the “console who must not be named” in terms of sales at this point, Nintendo is more than happy to boast about its other piece of hardware, the 3DS. The handheld has exploded in popularity this year, even competing against a smartphone market that was supposed to doom the …

If Watson is going to be a $10B biz, IBM had better figure out the cloud

Advertisement<p>2 Comments<p>During an event Thursday morning officially unveiling the new IBM(s ibm) Watson Group, division head Mike Rhodin said …