Venture capital fund All-Stars Investment has raised US$500 million to expand its portfolio of startups.The Hong Kong-based company’s latest investments include co-working space operator Ucommune, AI startup SenseTime, and ride-hailing giant Grab.All-Stars focuses on “category leaders,” so it will continue to invest in later-stage investments, said co-founder Richard Ji.This comes as total investments from Chinese VC funds and private equity firms have declined by 67.5 percent to US$4.4 billion last month.
ClickDishes Teams With Alipay For Mobile Orders – PYMNTSWhat happened: Canadian on-demand food tech startup ClickDishes and Alipay are partnering to launch a mini-program in Vancouver that will allow users to order ahead, skip the line, and make payment.With the mini-program, Alipay users will be able to access hundreds of participating restaurants across Vancouver, Calgary, and Edmonton areas to place orders.ClickDishes will be the first North American food ordering platform on Alipay.Why it’s important: The partnership with Canadian food tech startup is Ant Financial’s latest attempt to expand its services in North America.It also hints the company’s moving more quickly with mini-programs which launched last July—more than a year after rival WeChat launched its mini-programs.
This article is brought to you by Studios, Tech in Asia’s new advertising arm which provides integrated media, marketing, events, and design solutions to help brands expand their reach in the tech ecosystem.You can also sign up for Studios’ bi-weekly newsletter to have resources on marketing, sales, events and the latest tech updates delivered straight to your inbox.Video content was massive in 2018.According to the new Global Internet Phenomena Report by Sandvine, video streaming accounted for nearly 58 percent of the total downstream volume of internet traffic around the world.Always-connected devices driving video media in SEAThe smartphone boom in SEA is perhaps the single biggest factor driving video consumption in the region.
If you have ever, for some ungodly reason, desired to live in Jeff Bezos’s old house – well you can do that now, for the low, low price of just under £1.2 million.Per the Seattle Times, the three-bedroom, 1.75 bathroom residence on Northeast 28th Street in West Bellevue in the Seattle metropolitan area was also the original location of Amazon headquarters (namely, in the garage).It was first built in 1954 and was “extensively remodelled with a new roof and bathroom in 2001, years after Bezos moved out,” the Times wrote.The garage was also remodelled, so the interiors likely no longer resemble the residence when Bezos lived there.However, it does retain an oversized mailbox Bezos once used to receive book catalogues back when Amazon sold books, rather than late capitalism.West Bellevue is the most expensive neighbourhood in the region, according to the Times – something that surely can’t be linked to Amazon’s post-garage legacy of contributing to skyrocketing rent and income inequality in Seattle – and the paper estimated that a $300,000 (£230,000) down payment and annual income of $300,000 (£230,000) would be necessary to pick up the house.
The success of China’s commercial artificial intelligence and semiconductor markets will have a direct impact on the country’s geopolitical and military power, according to a new report.The report, published on Feb. 6 by US think tank the Centre for a New American Security (CNAS), said that the technologies could insulate China from economic or political pressure from the US while increasing the “technological capabilities available to China’s military and intelligence community.”“… China’s success in commercial AI and semiconductor markets brings funding, talent, and economies of scale that both reduce China’s vulnerability from losing access to international markets,” the report said.China has set ambitious goals for the development of AI and other hi-tech industries.The country plans to move to a high-value economy through its Made in China 2025 initiative by developing its autonomous and electric vehicle, semiconductor, robotics, and aerospace sectors.The State Council, China’s cabinet, has also laid out plans for the country to become a world leader in AI by 2030.
Sir Martin Sorrell closed out the IAB Annual Leadership Meeting in Phoenix, Ariz., today with a sprawling conversation that touched on his feelings about retirement, the broken agency model, what Brexit could mean for GDPR and a prediction for Amazon’s growth potential.MightyHive CEO and former Google executive Pete Kim joined Sorrell onstage to talk about their vision for a new kind of advertising firm, fueled by digital disruption and dissatisfaction with the old agency model—one that Sorrell arguably helped build before stepping down as WPP’s CEO last year following a personal conduct investigation.You might think that’s a superficial thing to say, but I have to tell you never in my 40-odd years of experience has there been so much willingness to embrace that concept.”During negotiations for both companies he’s acquired, Sorrel said his first sentence was, “I’m not interested if you want to sell out; I’m interested if you want to buy into those three things.”Kim sees digital, data and media as the keys to closing the gap between the ad experiences consumers want, and the ones they so often get.You can watch anything you want, listen to anything you want, read anything you want, perfectly synchronized across every connected device,” Kim said.
For more than 90 minutes, Dorsey participated in an interview through tweets with Recode's co-founder Kara Swisher.The 42-year-old tech mogul talked about a variety of topics from tech responsibility and safety to the use of the platform by President Donald Trump and Tesla CEO Elon Musk.With Twitter users chiming in every minute, even Dorsey admitted the format of the Karajack interview was hard to follow.Walt Mossberg, a veteran tech journalist, remarked on Twitter that it was "a living example of how Twitter is a chaotic hellpit."The social network has been losing users as it tries to crack down on fake accounts, election meddling, harassment and misinformation on the site.Tech giants have a lot of responsibility resting on their shoulders, including protecting democracy and the safety of its own users.
BMW launched its latest salvo in its relentless quest to fill every last possible market segment on Tuesday, with the announcement of the 2020 X3 M and X4 M.The newest additions to the M brand both feature a 3.0-liter, twin-turbocharged I6 engine that, in base trim, produces 473 horsepower and 442 pound-feet of torque.Both crossovers can make the sprint to 60 miles per hour in 4.1 seconds, and they'll do 174 miles per hour flat-out.If that's not enough for you, BMW will also offer the X3 M and X4 M in Competition trim, which bumps output to a frankly silly 503 horsepower and raises the crossovers' top speeds to 177 mph.Power from either engine setup is routed through an eight-speed, M-tuned automatic transmission, and goes to the pavement through a rear-biased all-wheel-drive system.One of the coolest parts of these new technological terrors from BMW is the fact that the core of the engine's cylinder head is 3D printed.
But even state-of-the-art artificial leaves, which hold promise in reducing carbon dioxide from the atmosphere, only work in the laboratory because they use pure, pressurized carbon dioxide from tanks.But now, researchers from the University of Illinois at Chicago have proposed a design solution that could bring artificial leaves out of the lab and into the environment.Their improved leaf, which would use carbon dioxide -- a potent greenhouse gas -- from the air, would be at least 10 times more efficient than natural leaves at converting carbon dioxide to fuel.In order to implement successfully in the real world, these devices need to be able to draw carbon dioxide from much more dilute sources, such as air and flue gas, which is the gas given off by coal-burning power plants," said Meenesh Singh, assistant professor of chemical engineering in the UIC College of Engineering and corresponding author on the paper.Unhooking the pressurized carbon dioxide supply from these leaves means that they must have a way to collect and concentrate carbon dioxide from the air to drive their artificial photosynthetic reactions.Singh and his colleague Aditya Prajapati, a graduate student in his lab, proposed solving this problem by encapsulating a traditional artificial leaf inside a transparent capsule made of a semi-permeable membrane of quaternary ammonium resin and filled with water.
CES 2019 was, as usual, a whirlwind of mayhem, filled mainly by measured sprints from booth to booth and the tapping out of quick keystrokes as I wrote about the latest Atmos soundbars and true wireless headphones.At some point every year, though, I get to slip away to the Venetian to hear something special, and this year, Focal’s $3,000 closed-back gemstones known as the Stellia stole my heart.The Stellia headphones, just officially unveiled today as part of this year’s CanJam show in New York City, are an opulent slice of audiophilia from the French headphone maker that wrap you in luxury even before you turn the volume dial clockwise.When it comes to style, they draw heavily from Focal predecessors like the Elegia and the Utopia, including the same “yoke” mechanical features in the headband that help the cans naturally conform to the shape of your head.On the interior of the Stellia’s dimpled earpieces, fluffy foam pads are jacketed in smooth leather, while the cognac and mocha finish adorning the model version we got to put our hands on is as elegant and distinctive in person as it looks in the pictures.It’s notable that the earpads are designed for isolation, as we’re just not used to seeing a pair of headphones at this, shall we say, barrier of entry in a closed-back chassis that’s presumably designed to let you take your high-end sound on the go.
These days, across the British Isles, borrowing cats from friends and family is apparently a thing.Cat borrowers get to enjoy kitty cuddling and mouse-murdering for free, while the wee beasties’ actual owners go broke paying vet bills.We meet several such tabby takers in a series of silly spots created by adam in London for Dreamies cat treats, a Mars Petcare brand.In each case, non-cat-owning humans entice felines into hanging out with them, using Dreamies as bait.First up, a pair of pint-sized purrr-loiners with an Addams Family vibe:Maybe it’s time to borrow a child psychologist for those two creepy kids.
Warren Washington, who's 89 years old, has been awarded the 2019 Tyler Prize for Environmental Achievement — an award sometimes described as the "Nobel Prize for the environment."The prize honors Washington's pioneering work modeling Earth's climate.Washington is sharing the award with climate scientist and writer Michael Mann, one of the first people to present scientific evidence of human-driven climate change.Before models like Washington's, scientists' understanding of the planet's climate was based on theory and observation alone; now, experts can study weather patterns, make long-term projections about climate change, and simulate what the climate looked like tens of thousands of years ago.In an era of unprecedented warming, Antarctic melting, and sea-level rise, the ability to model Earth's future is vital.Supercomputers use the models' mathematical equations to calculate how matter and energy get exchanged between different parts of the environment.
A new ion source known as HIISI has been developed in the Accelerator Laboratory of the University of Jyväskylä (JYFL-ACCLAB).It is the most powerful room-temperature ion source in the world at the moment.A new facility allows for much higher ion beam intensities and energies from our main cyclotron.It will be used in fundamental research and in testing components of space satellites."The solutions is a fantastic achievement for our world-class ion source group and the technical staff of the laboratory.It come as a result of basic experimental research and deeper understanding of the various physical processes going on in the ion source plasma", says the leader of the Accelerator Laboratory, Professor Paul Greenlees.
Instagram is celebrating Black History Month with its ShareBlackStories initiative.The official @instagram account will share Stories from creators including Tawny Chatmon, Paola “Pao Pao” Mathé and Uzumaki Cepeda, as well as short films featuring distinct black voices, produced by Clarence Hammond and Dougie Cash from Will Smith’s Overbrook Entertainment, as well as Marsha L. Swinton.Instagram’s iOS and Android users in the U.S. will also have access to new creative tools conceptualized by black voices at Instagram, including camera effects inspired “by the rich cultural history of telling stories through African mud cloth patterns,” Instagram Brand’s André Llewellyn and Joy Ofodu wrote in a blog post.Other camera effects include custom templates designed by community illustrator Loveis Wise and a new ShareBlackStories sticker.
Yesterday Marvel revealed it will be bringing four new shows to the streaming service—all animated, all aimed at adults, all from well-known creators, and all starring comic-book characters who fall squarely on the Spider-Ham end of the spectrum.There'll be Howard the Duck, written by Kevin Smith and Adult Swim mainstay Dave Willis; Tigra & Dazzler, co-written by Chelsea Handler; Hit-Monkey, about, yes, a macaque assassin; and M.O.D.O.K., a show co-written by Patton Oswalt and starring a villain who's essentially a living Madball.Sure, Marvel has managed to turn tertiary characters into household names, but this is like Hot Pie and the Shame Nun getting Game of Thrones spinoffs.When Disney's walled garden bears fruit, will everything outside those walls just wither on the vine?After the Marvel Cinematic Universe became a commercial juggernaut, branching out to TV seemed inevitable, both narratively and synergistically.), an obvious choice as a Disney-owned network.
Are they late to the video party?LinkedIn, the professional social network platform, is preparing to launch a live video service that will allow its users to post real-time video content to selected groups, according to reports this week.LinkedIn is aiming to provide organisations and individuals with the ability to host real-time conferences, Q sessions and product announcements on their pages.LinkedIn hope that the service will be used to cover launch events, graduations, award ceremonies and even be used by organisations to release their earnings calls.According to reports by TechCrunch, LinkedIn has selected third-party live broadcasting developers to help deliver video content in conjunction with creators.So far Switcher Studio, Wowza Media Systems, Wirecast and Socialive and Brandlive have been reported as involved in the project.
Chinese smartphone maker Vivo has rolled out today a premium smartphone brand iQOO, marking another effort for Chinese phone makers to shake off their budget image.A newly built Weibo account dubbed “iQOO mobile phone” greets the public today with its first-ever microblog that reads, “Hello, this is iQOO.” The registration details of the account show it shares the same owner of Vivo, which later reposted the blog with a comment saying “Welcome new friends in the new year.”Little details other than the name were disclosed as of present.However, a poster that comes in the microblog suggests that the new brand will feature futuristic and technologically advanced devices.Local media pointed out that this new brand would target at flagship models costing more than RMB5,000 ($737), aiming at the higher range of the smartphone market.Vivo’s entry to the premium market represents a trend among Chinese phone makers to challenge a segment that’s traditionally dominated by their foreign counterparts like Apple and Samsung.
How much would it cost you to move to Mars?According to Elon Musk, a one-way trip to the red planet would set you back only $500,000 (£389,000 / AU$706,000) - and one day maybe even a fraction of that.Responding to a query on Twitter, Musk used his account to suggest would-be space travelers could "sell their home on Earth" in order to afford the interstellar journey.You won't need it where you're going, we guess?Musk's figures are still obviously a lot of money.But considering that SpaceX's Falcon 9 rocket launches cost on average $57 million (£44m / AU$80m), it's not an unreasonable calculation, and puts the prospect of Mars in the hands of average homeowners - if not exactly the average citizen.
Alibaba-run supermarket Hema, online education firm Hujiang, and mobility platform Hello TransTech, were among the more than 20 companies censured by the Shanghai office of the Cyberspace Administration of China (CAC) as a result into a follow-up investigation into excessive collection of personal data by the apps.The problems, which were originally detected in October, were further investigated by CAC Shanghai last month and released to public on a WeChat post (in Chinese) on Monday.All the companies mentioned have made further plans to promote continued compliance and security management, the notice also reads.CAC Shanghai added there were still 21 data access issues remaining in some of the apps, which are deemed “unreasonable” or “reasonable but risky.” However, it added that in some instances this was due to technical limitations in Google’s [mobile] operating system Android.A spokesperson for Hujiang, one of the companies named in the CAC announcement, told TechNode that in its case, the risky data access issues it faced stemmed from an application promotion service “app push,” which is normally provided by third-party solution firms that send messages from apps that aim to encourage users to activate their accounts.Hujiang, which is a Shanghai-based online education platform, said it had made agreements with third-party solution providers to address the problems, and that the next version of its mobile app is currently being tested and will be released later.
In less than two weeks, LG will be making its one-two punch at MWC 2019 to try and reverse its fortunes.But even before it announced the LG G8 ThinQ and the LG V50 ThinQ 5G, it’s doing something a bit odd in Korea.Perhaps to give something the brand’s fans can aim for on a limited budget, it’s launching the LG Q9 one in its home.The only problem is that it might be a year too late to make a difference.The LG Q9 One isn’t exactly new.We first heard of its scheduled arrival last month, which makes it a bit odd that it took it a whole month to make it available.