Shanghai Municipal Bureau of Industry and Commerce is investigating allegations of a recurring defect in the Nikon D600 camera, following the broadcast of a consumer rights report on CCTV.
By The Way
Eileen Yu checks out industry developments across the Asia-Pacific region, discussing their relevance to the global tech business landscape.
Eileen Yu began covering the IT industry when Asynchronous Transfer Mode was still hip and e-commerce was the new buzzword. Currently based in Singapore, she has over 16 years of industry experience with various publications including ZDNet, IDG, and Singapore Press Holdings.
After stating it won't restrict transactions involving the digital currency, Monetary Authority of Singapore now says operators of virtual currencies including Bitcoin ATMs must abide by new rules to address risks associated with terrorist funding and money laundering.
Chinese e-commerce giant will pay HK$6.24 billion (US$803.74 million) for a 70.8 percent stake in ChinaVision Media Group, gaining immediate access to a host of content including television dramas, movies, and games.
Galaxy smartphone maker files for U.S. patent to unlock mobile devices when users touch-and-drag drawings that have at least one intersection point. These diagrams also can be customized to launch specific apps.
Local merchants transacting on PayPal saw their online exports climb 38 percent in 2013, says the e-payment vendor, for whom overseas business now accounts for over half its total revenue. Mobile contributes 15 percent of its overall payment volume.
Taiwanese PC maker sets up 80:20 joint venture with e-commerce vendor, Uitox, to offer its ZenFone mobile phones via an Asus e-store targeting China and Taiwan.
But its 2017 goal will face challenges, particularly in data security, given the Chinese networking vendor's links to spying allegations.
Country's ICT regulator declares that mobile consumers must be given access to all legitimate online content and apps, and telcos shouldn't be allowed to block such access or render these apps inaccessible.
The immense popularity of over-the-top services such as WhatsApp, Viber, and Skype has been the bane of telcos angsty about their dipping voice and SMS revenues. Can QoS deals ease the frustration?
Amid increasing Chinese investment overseas, European businesses are still nervous about selling their companies to the Chinese, preferring instead to be taken over by a fellow European or U.S. company. Why?