Singapore 

Internet claps back with free ‘advice’ after Singapore teen posts about first-world (grad trip) problems, Singapore, Entertainment News

If you fail to plan, you plan to fail.  Someone tell that to Audrey Chong, a 19-year-old whose sentiments online are quickly gaining traction — all for the wrong reasons.  Yesterday (Feb 19), the teenager aired her travel-related grievances on Youth.SG’s Facebook page, listing out difficulties she encountered on her recent graduation trip to Japan.  Whilst we hope she had a fruitful adventure, it seems like Murphy’s law (what can go wrong will go wrong) was at play, because she faced many problems from the onset — from pre-trip planning to her…

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Singapore 

Internet thanks Jovina Choi after 3 ERP gantries switched off, Singapore News

Electronic Road Pricing (ERP) charges at three locations will be removed next Monday (Feb 18), the Land Transport Authority (LTA) has announced. If the internet’s theories were to be believed, we all have viral Go-Jek passenger Jovina Choi to thank. In case you haven’t read the news over the past two weeks, Choi and her driver Kamaruzzaman Abdul Latiff’s filmed conversation on Jan 29 took over the web for days. She had raged at him for incurring ERP charges during the journey, eventually escalating to accusations of kidnap and racism.…

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Home 

Why Do Budget Hotels Offer Free Internet and Luxury Hotels Do Not?

[Sponsored Article]          Add-on Policies under Vertical Differentiation: Why Do Luxury Hotels Charge for Internet while Economy Hotels Do Not?LIN, SongMarketing Science, Articles in Advance, pp1-16, 2017 Hotels, like any businesses, are motivated by profit. But a strange pattern has emerged when it comes to low-cost amenities such as Internet services. One survey found only 54 per cent of luxury hotels offered free Internet compared to 91 per cent of budget hotels. As Song Lin points out, this phenomenon seems counterintuitive and has not been explained satisfactorily…

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China to press ahead with investments in 5G and Internet of Things, NDRC official says

China will press ahead with investments in artificial intelligence (AI) and 5G in 2019 as it competes with the US in the two key areas amid a technology race between the world’s two biggest economies. China’s state planner has singled out AI, the industrial internet, Internet of Things (IoT) and 5G as part of its investment priorities this year as part the country’s efforts to “construct a new form of infrastructure” and “speed up the commercialisation of 5G”, according to Lian Weiliang, deputy head of China’s National Development and Reform…

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Home 

Internet giants such as Alipay, Amazon pose existential threat to banks, says Bank for International Settlements chief

Internet and “big data” giants like Amazon and China’s Alipay pose an existential threat to traditional banks, the head of the Bank for International Settlements, Agustín Carstens, said on Tuesday. Carstens, who took charge of the central bank umbrella group a year ago, said the huge amounts of data that big internet companies gather on their customers meant they potentially have advantages over established banks. They may have better information on customers’ spending and lifestyles, which might make it easier to judge the risks of providing a loan. “This is…

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Vietnam 

VN internet economy to reach $9b in 2018 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Vietnamese internet economy has almost tripled in three years to reach US$9 billion in 2018, driven by e-commerce and online media, a new report released by Google and Temasek showed. According to the report, titled “e-Conomy SEA 2018”, the internet economy is growing in all six Southeast Asian countries surveyed but the stage of development relative to the size of each country’s economy differs. It is most developed in Việt Nam, where the gross merchandise value (GMV) of the internet economy…

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Home 

Chinese internet giant Tencent tightens control of WeChat content amid industry-wide clampdown

Chinese internet giant Tencent Holdings has taken another step to tighten control and management of content posted on its messaging and social media app WeChat by cutting back the number of official accounts allowed for producers amid a sustained government crackdown on the type of materials that appear online. “To create a green and orderly content ecosystem”, WeChat reduced the maximum number of accounts for companies to two from five previously, and to one account for individuals from two, according to an announcement from Tencent on Friday. Companies can still…

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Home 

Chinese internet giant Tencent tightens control of WeChat content amid industry–wide clampdown

Chinese internet giant Tencent Holdings has taken another step to tighten control and management of content posted on its messaging and social media app WeChat by cutting back the number of official accounts allowed for producers amid a sustained government crackdown on the type of materials that appear online. “To create a green and orderly content ecosystem”, WeChat reduced the maximum number of accounts for companies to two from five previously, and to one account for individuals from two, according to an announcement from Tencent on Friday. Companies can still…

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Vietnam 

VN’s trade office in Netherlands urges caution about transactions via Internet – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The Trade Office of Việt Nam in the Netherlands urged firms to be cautious when doing business with new partners found online. – Photo baodautu.vn Viet Nam News HÀ NỘI — The Trade Office of Việt Nam in the Netherlands urged firms to be cautious when doing business with new partners in Netherlands via the Internet. The warning was issued after several Vietnamese firms asked the trade office for help as they struggled to contact partner companies they had found via the internet. Some firms had already made advance…

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Home 

Tesla, Amazon, Microsoft and Qualcomm receive special mentions at Wuzhen World Internet Conference

Elon Musk’s Tesla and Jeff Bezos’ Amazon.com are among only four foreign companies whose products and services are included in a “World Leading Internet Scientific and Technological Achievements” list released by the state-sponsored Wuzhen Internet Conference on Wednesday. Microsoft and Qualcomm are the other two foreign names, signalling that these four US technology companies have managed to maintain friendly business relationships despite an escalating China-US trade war. The remaining 11 of the 15 firms with products on the list are all Chinese, including Tencent Holdings’ WeChat Mini app, Huawei Technologies’…

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