China wants to put a solar farm in space by 2025

According to China’s state-backed Science and Technology Daily, Chinese scientists plan to build and launch small power stations into the stratosphere between 2021 and 2025, with a megawatt-level station planned for 2030 and a gigawatt-level facility before 2050. Without interference from the atmosphere or seasonal and night time loss of sunlight, these space-based solar farms … Read moreChina wants to put a solar farm in space by 2025

Australia’s government and political parties hit by cyberattack from ‘sophisticated state actor’

The Australia government suffered a cyberattack that it suspects is the work of a “sophisticated state actor,” according to the country’s prime minister. PM Scott Morrison said today the computer network of the country’s parliament, and those belonging to Liberal, Labor and Nationals parties, were targeted by an attack that took place a few weeks ago, The Sydney … Read moreAustralia’s government and political parties hit by cyberattack from ‘sophisticated state actor’

China tells teachers to quit assigning homework through WeChat

China’s education authorities are about to take some burden off parents with school-aged children. A proposal posted last week by the Department of Education in China’s eastern province of Zhejiang said teachers should be banned from using WeChat, QQ or other mobile apps to assign homework or ask parents to grade students’ assignments. As mobile internet … Read moreChina tells teachers to quit assigning homework through WeChat

UK believes it doesn’t need to ban Huawei from 5G networks

You might not hear about these findings for a while. A Digital, Culture, Media and Sport department spokesperson told the FT that the review of 5G security was “ongoing” and that talk of any definitive decisions was “inaccurate.” That last statement doesn’t necessarily contradict the apparent leak. It’s possible that the NCSC has ruled out … Read moreUK believes it doesn’t need to ban Huawei from 5G networks

Chinese surveillance company found tracking 2.5 million people

The data has been exposed for months, Gevers noted. SenseNets hasn’t commented on the findings, but it did start locking down its database after Gevers reported the security hole. He didn’t know what he’d come across before disclosing the vulnerability, though, and has since regretted the move knowing that it provided insight into Chinese oversight. … Read moreChinese surveillance company found tracking 2.5 million people

China’s Didi is laying off 15% of its staff

China’s largest ride-hailing firm Didi plans to let go 15 percent of its employees or about 2,000 people this year, sources told TechCrunch. The cut comes as the beleagured transportation giant copes with a stricter regulatory environment that puts a squeeze on driver supply and backlash from two high-profile passenger murders last year. Chief executive Cheng … Read moreChina’s Didi is laying off 15% of its staff

Alibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili

Ecommerce giant Alibaba is continuing its push into the world of youth culture after it scooped up an 8 percent stake in anime streaming and game publishing company Bilibili. According to a securities filing on Thursday, Alibaba’s Taobao marketplace has acquired about 24 million shares in Bilibili, the Shanghai-based firm that has captured 93 million monthly users … Read moreAlibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili

Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M

Ant Financial, the financial services behemoth affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe. It’s acquired London-headquartered payments company WorldFirst in a deal that sources tell us is valued at around $700 million. (That price would also line up with multiple reports from December claiming the two were in … Read moreAlibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M

GoEuro rebrands as Omio to take its travel aggregator business global

European multimodal travel booking platform GoEuro has announced a change of name and destination: Its new ambition is to go global, scaling beyond its regional grounding to tackle the challenge of intercity travel internationally — hence needing a more expansive brand name. The name it’s chosen is Omio, pronounced with the stress on the ‘me’ … Read moreGoEuro rebrands as Omio to take its travel aggregator business global

China’s Alipay digital wallet is entering 7,000 Walgreens stores

China’s payments heavyweights have been following tourists abroad as their home market gets crowded. Ant Financial, Alibaba’s financial affiliate with a said valuation of $150 billion, now sees its virtual wallet Alipay handling transactions at 3,000 Walgreens stores in the U.S. and is eyeing to reach a roster of 7,000 locations by April. The alliance will … Read moreChina’s Alipay digital wallet is entering 7,000 Walgreens stores