Barely two months after Apple admitted it was storing users’ data online in mainland China, reports emerged that hackers have tried breaking into its iCloud data.
Apple representatives in China declined to comment on the reports of the hacking attack, which were posted on GreatFire.org, a group that conducts research on Chinese internet censorship.
The revelations, if true, would be little surprise to China observers. But it would be a comeuppance for Apple whose decision to store users’ data in mainland servers underlined the tenuous balance that foreign tech companies must strike between commitment to customer security and the realities of the Chinese market. Read more
Just four years old, Chinese smartphone maker Xiaomi has shot up sales rankings to become the top smartphone seller in China, the world’s largest smartphone market, according to data by Canalys, the technology research company.
In a report released this week the company said Xiaomi’s shipments in China grew 240 percent year on year, to 15.1m in the second quarter, write Charles Clover. Read more
Jack Ma, Alibaba’s founder, admitted on Sunday that he had never once used Taobao, the ebay-like flagship website for the ecommerce company he will be taking public later this year, writes Charles Clover and Ma Fangjing.
The odd sounding admission came in the middle of a rambling commencement speech to graduates of Tsinghua University on Sunday, in which he highlighted his humble origins and lack of professional experience. He needs to keep his emotional distance from his products, he said, so that he can make decisions about them objectively. And that apparently means not knowing how they work. Read more
After the correction in tech stocks in recent weeks, investors would be forgiven for being surprised by the performance of two tech IPOs in New York this week. Read more
Alibaba, which filed for its US IPO on Tuesday, is frequently called the Amazon or eBay of China. But while there may be similarities in their business model, the online shopping experience for customers can be quite different indeed.
Here, a look at some of the things one finds on Alibaba’s various shopping platforms, how they differ from each other, and some of the ways in which they are vastly different from their western counterparts. Read more
Alibaba’s shareholder list contains some well-known names from around the globe — from China and Japan to Singapore, Silicon Valley and Russia. Here is a breakdown and guide to the biggest names to profit from the listing. Read more
The rollout of Apple’s iPhone by China Mobile to 300 cities this year is going to be slower than many analysts expected – contributing to its outlook disappointing on Monday and its shares falling more than 7 per cent at the open today.
But new estimates for the rollout of 4G services promise rich pickings for Apple later in 2014 and beyond. Read more