Vision plays a central role in human cognition. While we use eyes to see things and the brain to interpret and coordinate, it is difficult for computers or robots to duplicate the way human perceive and visually sense the world around them. Computer vision is the science that aims to give a similar capability to […]
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10 live-streaming apps luxury brands need to know in 2017
Editor’s note: A version of this post first appeared on Jing Daily, the leading digital publication on luxury consumer trends in China. From Papi Jiang’s Swiss watch collaboration to Tmall’s virtual U.S. shopping trip, live-streamed luxury brand campaigns are part of a growing trend as China’s live-streaming audience expands. The latest report by Chinese consulting company iiMedia Research estimated that the number […]
Local Companies Dominate The List Of Top 30 Employers In China, Led By Tencent
On Friday, Zhaopin.com announced their annual China Best Employer Award with Tencent as the #1 employer in China. This annual award is jointly issued by Zhaopin and Peking University’s Institute of Social Science Survey. Now in its 11th consecutive year, the award has become a valuable reference for job seekers in China. This year, more than […]
From Synthetic Foods To Soft Robotics, Here’s What frog Says About Tech 2017
Predicting the future is about seeing patterns amid chaos. frog, a global design and strategy firm, has continued its efforts in predicting the future with the release of its latest forecasts for 2017. The firm has a good track record as they predicted VR/AR, AI, and the blockchain would boom this year. Many of the tech […]
Why Third-party Payment License Is The Most Coveted Resource For Chinese Tech Companies
If you are a company that runs online payment services in China, you must obtain a license to legally conduct the transactions in the country. That’s a basic rule. But for Chinese firms who want to dip their toes in payment industry, getting a license to legalize their status as an online payment agency is becoming […]
Alibaba Pictures Invests in Hangzhou Cinema Company
Alibaba Pictures, the entertainment arm of the Chinese e-commerce giant, is investing RMB 100 million (US$15.2 million) for an 80 percent stake in a movie theater operator in its hometown of Hangzhou, as it takes on rival Dalian Wanda. The company will acquire around 61 percent of Hangzhou Xingji from shareholder Hangzhou Kunwei for RMB […]
Is There A Film Industry Bubble? China’s Top Tech-Backed Figures Weigh In
The speed with which the Chinese film industry has developed in recent years has been dizzyingly fast, even for the country’s most experienced veterans. “Less than a decade ago it was the filmmakers who went out looking for financing,” Alibaba Pictures CEO Zhang Qiang told a forum on finance and film at the Shanghai International […]
Chinese Online Gaming Firm Giant Interactive Gets into Pictures
Chinese online game developer and operator Giant Interactive Group is getting into China’s booming movie business, local media reports said. According to the reports on Monday, the company has formed a new subsidiary called Giant Pictures (Jùrén Yǐngyè / 巨人影业) It is the first major move Giant has made since it was privatized in 2014 […]
China To Halt New Entertainment, Tech Stocks To Stave Off Market Bubble
In a bid to head off a speculative bubble, China’s securities regulator is set to bar companies from selling new shares to fund investments in film and television, online gaming, internet finance and virtual reality, fields that it deems non-core businesses, a leading national magazine reported. Citing two unnamed sources, one at the China Securities […]
[Update] LeSports Lands 8 Billion RMB Funding At 21.5 Billion RMB Valuation
It seems that March is a good time to be an affiliate company of Chinese internet giant LeEco, former LeTV. Shortly after LeCloud raked in a 1 billion yuan (150 million USD) A round, the company’s emerging online sports media unit LeSports is raising a massive 7 billion yuan (1.07 billion USD) series B, putting LeSports […]