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Domain: abacusnews.com
Stories and comments across the archive that link to abacusnews.com.
Stories · 7
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People Changing Jobs Too Often Could Be Punished by China's Social Credit System (abacusnews.com)
Lots of things can hurt your social credit in China. Failing to repay your debts, plagiarizing academic articles and building a debt-laden tech empire and then fleeing to another country, to name a few random examples. One province now wants to add another "discredited behavior" that seems much more harmless: Switching jobs too often. From a report: Zhejiang is pushing to build a local social credit system that will, among other things, deem residents a "discredited" person if they move from job to job too frequently, according to a local TV report. "If someone keeps quitting and landing new jobs, his social credit will definitely be a problem," Zhejiang official Ge Pingan said at a local forum, addressing a complaint from one company's human resources department about being unable to do anything when employees want to leave. Ge didn't specify how "frequently" is too frequent, but he said the upcoming system will put restrictions on both companies and individual workers. -
Steam is Finally Coming To China But Chinese Gamers Don't Want It (abacusnews.com)
Valve officially announced this week the arrival of Steam China in Shanghai. But Chinese gamers are telling the PC gaming platform to "get lost!" From a report: One of the most upvoted comments wrote, "Steam China get out of China." It's important to point out that gamers are directing their anger at Steam China, not Steam. In fact, Chinese gamers love Steam... the global version of it, anyway. There are an estimated 30 million Chinese users playing games on the platform -- games which otherwise aren't officially available in China.
But that's exactly why they fear the launch of Steam China, which is a joint venture between Valve and Chinese company Perfect World. Gamers worry that not only will Steam China be a heavily censored platform with a much smaller lineup of titles; worse yet, it might also be the trigger for the government to ban the global version of Steam. -
Huawei Trolls Apple By Giving Battery Packs To People Waiting in Line For the iPhone XS (abacusnews.com)
Huawei, which recently surpassed Apple to become the world's second largest smartphone player, can't stop taking shots at the iPhone maker. From a report: After the iPhone XS was unveiled with little new, Huawei tweeted "Thank you for letting us be the real hero of the year," a tease for their upcoming Mate 20 Pro unveiling next month. Now Huawei's taking another shot -- by handing out battery packs to people waiting in line for the iPhone XS and XS Max in Singapore. The packaging says "You'll need it", which is actually a valid boast: Anandtech found that Huawei's P20 and P20 Pro had better battery life than the iPhone 8 and X. -
China Blocks Twitch (engadget.com)
After becoming the third most popular free app on China's App Store, Twitch is now no longer accessible and the Twitch app has been removed from the country's App Store. Engadget reports: While Twitch was available in China previously, it never gained much traction since its service is much slower than it is elsewhere. But when the country's CCTV state broadcaster chose not to air the Asian Games, those wanting to watch the event's eSports competitions sought coverage from other outlets. Now, with Twitch seemingly blocked in the country, it follows in the footsteps of other banned sites, including Facebook, YouTube and Twitter. Abacus first reported the news. -
China Blocks Twitch (engadget.com)
After becoming the third most popular free app on China's App Store, Twitch is now no longer accessible and the Twitch app has been removed from the country's App Store. Engadget reports: While Twitch was available in China previously, it never gained much traction since its service is much slower than it is elsewhere. But when the country's CCTV state broadcaster chose not to air the Asian Games, those wanting to watch the event's eSports competitions sought coverage from other outlets. Now, with Twitch seemingly blocked in the country, it follows in the footsteps of other banned sites, including Facebook, YouTube and Twitter. Abacus first reported the news. -
China Internet Report 2018 (abacusnews.com)
At Rise Conference in Hong Kong on Tuesday, Abacus executive producer Ravi Hiranand, South China Morning Post technology editor Chua Kong Ho, and 500 Startups partner Edith Yeung presented China Internet Report 2018, highlighting the big names and wider trends shaping China's technology. The takeaway: China has nearly 3 times the number of internet users as the United States, and the gap will only widen: China has 772 million internet users, vastly more than the 292 million in the US. And there's still plenty of room to grow -- internet penetration is only at 55% in China, while in the US, it's 89%.
Beijing is China's unicorn capital: Some of China's biggest tech giants may have started in Shenzhen, but Beijing leads the way with 31 tech unicorns. (Shenzhen has just 11!)
China's internet giants are doing everything: From streaming video to self-driving cars, the big three (Baidu, Alibaba and Tencent) are present in almost every tech sector, either by investing in startups or by building it themselves.
Government policy continue to actively shape China's tech industry.
China's online shopping giants are going offline.
China loves short videos.
WeChat's mini-programs are cementing its place as China's virtual mobile operating system: Mini-programs, which are no bigger than 10 megabytes and running in the WeChat app are gaining ground -- WeChat now hosts 1 million mini-apps, and the number of people who use them daily is expected to reach 400 million.
China lags behind the US in AI, but the government wants to catch up -- soon.
China is making smart speakers but Chinese users aren't buying them: There are now over 100 smart speaker developers in the country (including all of the tech giants), but demand isn't there yet -- in 2017, only 350,000 smart speakers were sold in China, compared to 25 million in the US.
China is now the world's biggest gaming market: It accounts for more than aquarter of the world's total gaming revenue (the US is close behind in second). And it's dominated by two players: Tencent and NetEase, who jointly have over 60% market share in China. -
China Internet Report 2018 (abacusnews.com)
At Rise Conference in Hong Kong on Tuesday, Abacus executive producer Ravi Hiranand, South China Morning Post technology editor Chua Kong Ho, and 500 Startups partner Edith Yeung presented China Internet Report 2018, highlighting the big names and wider trends shaping China's technology. The takeaway: China has nearly 3 times the number of internet users as the United States, and the gap will only widen: China has 772 million internet users, vastly more than the 292 million in the US. And there's still plenty of room to grow -- internet penetration is only at 55% in China, while in the US, it's 89%.
Beijing is China's unicorn capital: Some of China's biggest tech giants may have started in Shenzhen, but Beijing leads the way with 31 tech unicorns. (Shenzhen has just 11!)
China's internet giants are doing everything: From streaming video to self-driving cars, the big three (Baidu, Alibaba and Tencent) are present in almost every tech sector, either by investing in startups or by building it themselves.
Government policy continue to actively shape China's tech industry.
China's online shopping giants are going offline.
China loves short videos.
WeChat's mini-programs are cementing its place as China's virtual mobile operating system: Mini-programs, which are no bigger than 10 megabytes and running in the WeChat app are gaining ground -- WeChat now hosts 1 million mini-apps, and the number of people who use them daily is expected to reach 400 million.
China lags behind the US in AI, but the government wants to catch up -- soon.
China is making smart speakers but Chinese users aren't buying them: There are now over 100 smart speaker developers in the country (including all of the tech giants), but demand isn't there yet -- in 2017, only 350,000 smart speakers were sold in China, compared to 25 million in the US.
China is now the world's biggest gaming market: It accounts for more than aquarter of the world's total gaming revenue (the US is close behind in second). And it's dominated by two players: Tencent and NetEase, who jointly have over 60% market share in China.