SAIC Motor Corp. is putting finishing touches to a sport utility vehicle that features software developed with Alibaba Group Holding Ltd., marking the first foray into the connected-car business by two of China s biggest companies.The model will be available from September and be the first of a new category of vehicles for the automaker that s fully integrated to the internet, according to Gu Feng, SAIC s financial controller.Among its functions, the Roewe RX5 SUV will be able to suggest alternative routes with road closures or traffic congestion, provide directions to the nearest gas station when fuel is running low, and deliver music to one s tastes, the company said.We worked with Alibaba instead of Google or Apple because the latter looks at the car as a piece of hardware to install their software.Customer spending on such technologies will reach an estimated 40.3 billion euros $45 billion this year, with safety and autonomous driving functions the biggest categories, according to a study by Strategy & , a consulting group of PwC.In choosing Alibaba s Yun OS, SAIC is promoting a Chinese alternative to connectivity systems offered by Google s Android Auto and Apple s CarPlay.SAIC and Alibaba hope to grow the pie with services and even if they share it, it s a bigger pie for both, said Bill Russo, Shanghai-based managing director at Gao Feng Advisory Co.Alibaba said it didn t have additional comments on the collaboration with SAIC Motor.Among its other plans, SAIC Motor is considering:SAIC, which has manufacturing joint ventures with GM and Volkswagen AG, is seeking to boost deliveries of its own Roewe and MG brands and expand overseas even as it navigates the trend toward autonomous driving.
Wang Sicong, the son of Chinese billionaire and investor Wang Jianlin, made yet another splash in Chinese media this week for grabbing over 130 thousand RMB $19,800 USD in three days by answering twenty-five questions, covering a wide variety of topics from investment to his sex life on a Chinese online Q platform.The price for each question started at 3,000 RMB and has since surged to 4,999 RMB.Spurred by the news, Fenda, the platform where Wang answered these questions, has received a boost in popularity just one week after their official launch on May 15.Fenda, which means one-minute answers, is a mix between Quora and Reddit s AMA, and is operated through a WeChat enterprise account.Answers are delivered via voice messages and are no longer than 60 seconds – hence the name of the service.Users who are knowledgeable about a particular topic can set a price for their answers and get paid for answering questions from others.If they don t reply within 48 hours, the money will be reimbursed to those who raised the questions.In addition to connecting questioners and respondents in the Q chat interface, Fenda has an eavesdropping feature to engage more listeners.After the completion of dialogue, Fenda will take 10% from the overall income from both parties.Wang Sicong is not the only figure that has benefited from the platform.Top earners on Fenda are a diverse group of individuals: Zhang Yu, a gynecologist from Peking Union Medical College Hospital; Shi Hang, a prestigious screenwriter; Tong Dawei, A-list actor; and Wang Feng, a pop singer.In a shift from the traditional fan economy for internet celebs, China s cyber world is moving towards a knowledge economy which retails expertise to users under a paid business model.In addition to Fenda, Guokr, the science networking service behind Fenda, is a paid knowledge sharing website that connects industry experts and their advocates.Just one day before Fenda s launch, Zhihu, a leading Q platform in China, rolled out Zhihu Live, which allows users to join live online one-to-one sessions with experts on specific topics for a fee.Peer skill-sharing platform Skillbank and Beijing-based Pingo Space are also engaged in skill and expertise sharing sector, although their service and business model take different form with Fenda and Zhihu s.
Peiying Feng knows this.A 25-year-old design and technology student, Feng invented an app — Tap That — to teach young people about safe sex in a way that s humorous, approachable and above all else, run on a medium that they re already used to — a cellphone.The app features different characters navigating multiple sexual relationships while trying their best to dodge sexually-transmitted infections STIs .If your character gets an STI, you have to use on-screen cues to diagnose it and determine how best to cure or treat it based on the information provided.From there, you can also use virtual condoms to prevent the infection from spreading to other characters.Of course, it d probably just be easier to wear condoms all the time, but that sort of defeats the purpose of the app.
For want of an atom, the space elevator failedCarbon nanotubes CNTs are famed for being a future wonder material that will enable a swathe of super-strong but light applications from racing bikes to computer components.That means one of the more outlandish applications for CNT fibres – a sci-fi space elevator – might never happen.Theoretical studies suggest that a single CNT can have a tensile strength of 100 gigapascals GPa , making it one of the strongest materials around, but efforts to spin multiple nanotubes into a practical large-scale fibre have only produced ropes with strengths of 1 GPa.To find out why, Feng Ding of the Hong Kong Polytechnic University and his colleagues simulated CNTs with a single atom is out of place, turning two of the hexagons into a pentagon and heptagon, and creating a kink in the tube.Fracture sequenceThe team s simulations show that the kink acts as a weak point in the tube, easily snapping the normally strong carbon-carbon bonds.The results suggest just one misplaced atom is enough to weaken an entire CNT fibre, and since nanotube manufacturing processes are flawed at the moment, you will inevitably end up with a bad tube in your fibre.
A conceptual image of a space elevator Credit: Obayashi Corporation Carbon nanotubes have been pegged as the wonder material that could finally allow us to build a space elevator.A discouraging new study suggests these microscopic strands aren t as resilient as we thought—and all it could take is a single misplaced atom to bring the whole thing crashing down.As reported in New Scientist, Feng Ding of the Hong Kong Polytechnic University wanted to find out why, so he and his colleagues simulated CNTs with a single atom out of place.New Scientist explains:The team s simulations show that the kink acts as a weak point in the tube, easily snapping the normally strong carbon-carbon bonds.This is definitely a setback in the effort to design and build a space elevator, which will require cables with tensile strengths reaching 50 GPa.If these skylifts are ever going to happen, engineers are going to have to figure out a way to make CNTs perfect at the atomic level—and that s a daunting proposition.
A discouraging new study suggests these microscopic strands aren t as resilient as we thought — and all it could take is a single misplaced atom to bring the whole thing crashing down.As reported in New Scientist, Feng Ding of the Hong Kong Polytechnic University wanted to find out why, so he and his colleagues simulated CNTs with a single atom out of place.New Scientist explains:The team s simulations show that the kink acts as a weak point in the tube, easily snapping the normally strong carbon-carbon bonds.As Ding said, Most mass-produced CNTs are highly defective, and high-quality CNTs are hard to produce in large quantity.This is definitely a setback in the effort to design and build a space elevator, which will require cables with tensile strengths reaching 50 GPa.If these skylifts are ever going to happen, engineers are going to have to figure out a way to make CNTs perfect at the atomic level — and that s a daunting proposition.
Kleiner Perkins has been through the wringer since the go-go dot-com days of the late 1990s.Only one of its five general partners — Ted Schlein, who leads Kleiner s investments in security and some of its enterprise investments — has been with the firm throughout all the tumult, having joined the firm 20 years ago.Meanwhile, Beth Seidenberg, who leads the firm s investments in everything from life science to digital health, joined Kleiner in 2005; Wen Hsieh, who focuses on enterprise and hardware deals, joined in 2006; Mike Abbott joined in 2011 to focus largely on enterprise deals; and Eric Feng, a former CTO for both Hulu and Flipboard, joined last October to lead the firm s consumer investing.Meanwhile, Randy Komisar, who joined Kleiner in 2005, is now largely coaching the firm s general partners.We ve always had services, but VC isn t scalable, as we learned, so we re almost surgical, helping our portfolio in highly targeted, high-value ways, as opposed to being a factory where we have every service under the sun.There s no doubt cars or ambient computing represent huge opportunities.
BEIJING—Western technology companies have long struggled to figure out how to operate in China, home to the world s biggest internet and smartphone markets but ruled over by an authoritarian government.LinkedIn adjusted its business strategy to fit Chinese preferences, joining hands with Chinese firms China Broadband Capital and Sequoia China.They have realized in order to be successful in China you cannot take a business model from the West and cut and paste it and expect it to work, said Edward Tse, chief executive of global strategy consulting firm Gao Feng Advisory Co.Now, LinkedIn faces another potential hitch after it was acquired by Microsoft MSFT 1.96 % for $26 billion, raising concerns among some China technology watchers that the software giant could interfere with LinkedIn China s progress.Isabella Chen, greater China manager for wine trader Les Grands Chais de France, checks her LinkedIn app daily to read wine news and updates posted by her 81 connections.Part of the problem Chitu faces is that China s younger demographic uses social-media apps such as Tencent Holdings Ltd. TCEHY 1.59 % s WeChat for personal and professional conversations.While WeChat users can import their LinkedIn contacts, it is much easier for them to scan a person s QR code or create a group chat within the WeChat app, instead of connecting via a separate platform, analysts say.
Co-founder of the venture capital group FreeS Fund Li Feng shared his vision on the future of virtual reality VR on Tuesday at the NetEase Future Tech Conference in Beijing.He pointed out that since VR is still a fairly immature technology, user experience is not yet good enough to satisfy some consumers.Li Feng, Co-founder of FreeS Fund.Photo from Baidu Images.According to Li, the FreeS Fund has invested in several Chinese VR startups who offer solutions to problems yet to be solved in the field of VR, including motion capture and data computing.For example, they have invested in a company that uses algorithms to transfer plane waves to spherical waves, thus improving VR sound experience.Li also said that compared to the US, it is easier for VR startups to develop in China.He said that in the US, internet giants such as Microsoft and Facebook have been investing heavily into the VR industry over the past two year, and that the resources these companies have accumulated – including technologies and talent – make it hard for local startups to find a place.Maybe not this year, but I believe that in two to three years, the VR user experience will be greatly improved, and consumers are therefore expected to spend more time on it, making VR the next big thing, said Li.There are some competitive players in the Chinese market right now, like Baofeng Mojing, launched by China s video streaming platform Baofeng.com, the Shanghai-based Deepoon, and Shenzhen-based 3Glasses.According to Bloomberg, the value of the VR market in China is expected to reach USD 8.5 billion in four years.
Zaihang.com founder Ji Xiaohua announces the latest fundraising result for the company and its question-and-answer platform Fenda.The younger Wang s company Prometheus Capital and Chinese talk-show video site Luoji Shiwei, are among the investors.In the era of the sharing economy, people can also make a profit by sharing their surplus of knowledge which is valuable to othersJi Xiaohua, Zaihang s chief executive and founderActress Zhang Ziyi, Chinese rock singer Wang Feng, property giant Vantone Holdings chairman Feng Lun and a number of artists and celebrities have also joined the younger Wang to answer questions on Fenda.The popularity of Fenda is out of our expectation because of the participation of artists and celebrities, but Fenda has also attracted many professionals from various sectors to share their knowledge and earn money, Ji said.Doctors, teachers, science researchers, professional recruiters and companies have also joined Fenda to answer questions, he said.Ji said companies such as Chinese car website Autohome and Chinese mobile workout app Keep have already joined Fenda to answer questions.
So much for losing its mojo.Despite twists and turns in recent years that have sometimes rivaled those of a telenovela, and even with its most famous member, John Doerr, no longer a general partner, Kleiner Perkins has raised two new funds totaling $1.4 billion, show newly processed SEC filings.The firm s digital growth fund — its third — has secured $1 billion in commitments.The capital will be managed by Mary Meeker, Ted Schlein, Mood Rowghani and Noah Knauf, who very recently joined Kleiner from Warburg Pincus.early-stage fund, meanwhile, has closed with $400 million in commitments.As you ve read here recently, Kleiner s early-stage team now features five general partners: Schlein, Mike Abbott, Eric Feng, Beth Seidenberg and Wen Hsieh.
News: The money will be used for late stage startups and younger companies.US venture capital firm Kleiner Perkins Caufield & Byers KPCB has raised over $1bn to support startups.A pair of filings with the US Securities and Exchange Commission reveal that the company raised $1.4bn for its latest core and growth funds.Of the total amount, $1bn has been raised for the KPCB Digital Growth Fund III for later-stage agreements.The fund will be managed by Mary Meeker, Noah Knauf, Mood Rowghani and Ted Schlein.The fund, Kleiner Perkins Caufield & Byers XVII, will be managed by Michael Abbott, Eric Feng, Wen Hsieh, Schlein and Beth Seidenberg.
A working dad made a promise to spend more time with his son after a touching video showed him what he was missing.LEGO filmed the man s son, Hsiao Feng, sharing a glimpse of his imagination when building a scene with his bricks.The boy, from Taiwan, explained his dad repairs and sells cars.He used his LEGO to build a strong car that would be unbreakable .I will give this car to my dad, and he will never have to repair it, he said.And he wouldn t be so tired anymore.
Storied Sand Hill Road venture capital firm Kleiner Perkins Caufield & Byers has reportedly closed $1.4 billion in new funds.The funds include a $400 million fund for early-stage investments — dubbed KPCB XVII — and a $1 billion fund for later-stage investments — dubbed the Digital Growth Fund, The Wall Street Journal reported.Kleiner Perkins, which has  backed companies including Google, Twitter and Airbnb, became somewhat of a household name in Silicon Valley last year during a month-long, high-profile gender discrimination trial in San Francisco.Former partner Ellen Pao claimed the firm refused to promote her and then fired her because she is a woman, and kept court-watchers riveted with stories of the firm s alleged boy s club atmosphere.A jury ultimately sided with Kleiner Perkins, but the trial sparked a lingering discussion about gender equality in Silicon Valley VC firms and tech companies.The close of the two new funds comes three months after John Doerr, a longtime leader at the firm, left his position as general partner and moved into a chairman role.Doerr said he was taking a step back as part of a plan to transition to the next generation of leaders, but said he planned to remain involved in the firm.The early stage fund will be led by Beth Seidenberg, Ted Schlein, Mike Abbott, Eric Feng and Wen Hsieh.The Digital Growth Fund is managed by Schlein, Mary Meeker, Mood Rowghani and Noah Knauf, The Journal reported.Photo: Kleiner Perkins general partner Beth Seidenberg.Kleiner Perkins Tags: Kleiner Perkins Caufield & Byers, venture capital
The Taiwanese navy somehow managed to accidentally fire a missile, with the supersonic anti-ship device blasting off from a docked craft, hitting a local fishing boat and killing the captain.The military patrol boat was undergoing an inspection when the Hsiung Feng III missile was fired.And as horrible as it sounds, it could've been worse.The boat's fury was fired in the direction of China, which doesn't exactly get along with Taiwan at the moment, so there was a small chance World War III could've kicked off while we were asleep again.Fortunately for the world but unfortunately for one fisherman sailing waters off the Taiwan-controlled islands of Penghu, the missile flew for 45 miles or so before crashing into the sea and destroying his boat.Navy vice-admiral Mei Chia-shu told reporters: "Our initial investigation found that the operation was not done in accordance with normal procedure," which is quite the understatement.
The Taiwanese navy somehow managed to accidentally fire a missile, with the supersonic anti-ship device blasting off from a docked craft, hitting a local fishing boat and killing the captain.The military patrol boat was undergoing an inspection when the Hsiung Feng III missile was fired.And as horrible as it sounds, it could've been worse.The boat's fury was fired in the direction of China, which doesn't exactly get along with Taiwan at the moment, so there was a small chance World War III could've kicked off while we were asleep again.Fortunately for the world but unfortunately for one fisherman sailing waters off the Taiwan-controlled islands of Penghu, the missile flew for 45 miles or so before crashing into the sea and destroying his boat.Navy vice-admiral Mei Chia-shu told reporters: "Our initial investigation found that the operation was not done in accordance with normal procedure," which is quite the understatement.
This time around, the 49-year-old entrepreneur wants to continue to execute his vision and keep Flipboard going for many years to come.At first glance, the company might not seem like anything spectacular, particularly in a fluctuating marketplace.McCue shrugged the rumors off, saying that it s all in the same vein as the dead unicorn meme.You have to change, McCue explained.As for a lack of fanfare, he pointed out that Flipboard doubled its monthly users from 40 million to 80 million in less than a year.He describes the problem there as two-fold: There was no scale of users and they weren t able to have enough runway to get the scale to happen.Advertisers have a plethora of opportunities to market their products, including running sponsored tweets on Twitter and buying ads on LinkedIn, Facebook, Instagram, or even on Google.Take Banana Republic as an example: If the clothing retailer wants to market its next line of khakis, it ll buy placement on a billboard in San Francisco, an ad in Vogue, TV commercials, and more.
Alibaba has advanced its reach on mobile after it acquired one of China s most prominent Android app stores, Wandoujia, in an undisclosed acquisition.The deal was announced in Chinese only, and media in the country pegged it at around $200 million.That s a significant amount, for sure, but it is nothing compared to the $1.9 billion that Baidu parted with to acquire 91 Wireless, China s top Android app store, three years ago.Wandoujia was reportedly valued at more than $1 billion in January 2014 when it landed a $120 million funding round led by SoftBank, however increased competition from carrier-run app stores and rivals like 91 Wireless and Qihoo 360, not to mention reports of internal conflict, appear to have impacted its development over the past two years.Currently, Wandoujia comes in as China s fifth largest app store, according to data from Analysys International, with around six percent marketshare.The startup was founded in 2009 by former Google China-er Jack Feng and telecoms engineer Junyu Wang, and it claimed 300 million users at the time of that SoftBank investment.
How clever do you think you are?Normally we would try and define such a benchmark using something like the IQ test.However a new MRI scanning technique could force us to ditch the test as scientists have achieved a world first in attempting to define and measure human intelligence.Professor Jianfeng Feng and his team in the Department of Computer Science conducted the groundbreaking research at Warwick University.The aim of the research was to discover how intellect works in the human brain and thereby inform how Artificial Intelligence AI works in the future.The study used MRI scans to observe thousands of brains and was only possible due to recent developments in brain imaging techniques.
Juri is coming to Street Fighter 5, Capcom has revealed.In a blog post, Capcom detailed all the moves Seth's South Korean spy will be bringing to the roster.Juri will also play a part in the new, free story DLC, "A Shadow Falls", which will explore what she's been up to in the time since her debut in SFIV.Her first V-Skill is called "Kasatsushu", where Juri charges up before rushing her opponent, kicking them from behind.Her V-Trigger, "Feng Shui Engine Type Alpha", sees Juri activate her left eye's Feng Shui Engine, which can cancel all of her standard attacks into one another for massive chain combos.Lastly, her Critical Art, "Sakkai Fuhazan" kicks a large vertical blade towards the enemy which strikes multiple times.
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