ChinaCache Blog

Meanwhile in China: Weekly News Roundup [11/13-11/17]

Nov 17, 2017

Tencent could soon be worth more than Facebook Tencent (TCEHY), a Chinese social media and video games giant, have more than doubled in price over the past year, propelling the company’s market value ever closer to Facebook (FB, Tech30)’s $520 billion. Tencent’s own social network, WeChat, has almost one billion users, mostly in China. With Western rivals like Facebook and Twitter (TWTR, Tech30) shut out,…

Read More

ChinaCache at AWS Re: Invent 2017

Nov 14, 2017

 What is AWS re: Invent? AWS re: Invent is a learning conference hosted by Amazon Web Services for the global cloud computing community. AWS re: Invent is expected to have more than 40,000 attendees this year. The event features keynote announcements, training and certification opportunities. At the conference, you will have access to more than 1,000 technical sessions,…

Read More

Meanwhile in China: Weekly News Roundup [11/6-11/10]

Nov 10, 2017

Tencent is the latest tech company working on autonomous cars Tencent is pushing beyond its WeChat messaging app and gaming, moving into the autonomous driving space. The Chinese conglomerate will tap its artificial intelligence and mapping initiatives to compete against the likes of Baidu, according to Bloomberg‘s sources. Back in 2015, Tencent announced it’d partner with electronics maker Foxconn (responsible for…

Read More

ChinaCache concludes the network security project for the 19th Communist Party of China National Congress

Nov 6, 2017

As the 19th Communist Party of China National Congress (“National Congress”) has concluded, ChinaCache also wrapped up its assignment of monitoring network security and providing CDN services for the National Congress. To ensure the National Congress goes smoothly, ChinaCache assembled a special unit in late August to deploy online security measures, including fixing existing issues, examining…

Read More

Meanwhile in China: Weekly News Roundup [10/30-11/3]

Nov 3, 2017

Apple Roars Back to Growth in China Apple reported quarterly earnings on Thursday. The company said revenue in China was $9.8 billion during the fourth fiscal quarter, up 12 percent year over year and up 22 percent sequentially. The market share for  iPhone, Mac and iPad had all increased in the last quarter, said CEO Tim Cook. Earlier this year,…

Read More

Meanwhile in China: Weekly News Roundup [10/23-10/27]

Oct 27, 2017

Alibaba Establishes Global Research Academy Alibaba’s chief technology officer announced during Alibaba’s Cloud Habitat Conference that the group has established a global research academy named Alibaba DAMO Academy and the group will invest CNY100 billion in this academy over the next three years. Alibaba DAMO Academy includes a global laboratory, a university joint research institute, and…

Read More

Cloud computing enters “Golden Time” in China

Oct 24, 2017

With artificial intelligence (AI) booming across the world, cloud computing as its supportive infrastructure enters the “golden time” for development. The wide use of AI cannot happen without cloud computing, which helps improve hardware usage efficiency, avoid idleness and waste of resources. In July, the China’s State Council, the country’s equivalent of a cabinet, issued guidelines…

Read More

Meanwhile in China: Weekly News Roundup [10/16-10/20]

Oct 20, 2017

China food delivery start-up reaches $30 billion valuation Based in Beijing, Meituan is one of the top two food delivery companies. Since its merger with Dianping, the Chinese version of Yelp, two years ago, the new company China Internet Plus’s valuation has been growing steadily. After its most recent round of funding, the company is now…

Read More

Translated Article of the Week: New Retail Model and Artificial Intelligence Are the Next Big Things in China

Oct 16, 2017

The madness for the sharing economy has cooled down in China, as represented by the bankruptcy of a few second- and third-tier biking-sharing companies. Power bank sharing companies that received jaw-dropping funding in early 2017 are not only dealing with their own legal and financial problems but also threat from mobile phone companies as wireless…

Read More