China targets livestreaming in latest censorship crackdown

China just shut down livestreaming on three major media platforms — Weibo, the news site iFeng and the video website ACFUN. China's State Administration of Press, Publication, Radio, Film and Television sent notices to the companies ordering them to…

China clamps down on live-streaming services

 The Chinese government has cracked down on three of the country’s top live-streaming services over their apparent broadcast of unsuitable political content. Weibo, the Nasdaq-listed microblogging site, disclosed that it had received a notice from The State Administration of Press, Publication, Radio, Film and Television of the People’s Republic of China (‘SAPPRFT’)… Read More

Tesla is laying the groundwork to build cars in Shanghai

If you've been waiting to pull the trigger on one of Tesla's electric vehicles, the upcoming Model 3 probably looks pretty appealing. The car promises 215 miles per charge, ample seating, the tech for autopilot and it starts at just $35,000. Well, un…

JD.com invests $397M into luxury marketplace Farfetch as part of a new strategic partnership

 JD.com, China’s second-largest e-commerce company after Alibaba, is pumping $397 million into Farfetch, a marketplace for luxury brands, as part of a new strategic partnership. JD.com founder and CEO Richard Liu will take a seat on Farfetch’s board as part of the deal, which makes JD.com one of its largest shareholders. Read More

JD.com invests $397M into luxury marketplace Farfetch as part of a new strategic partnership

 JD.com, China’s second-largest e-commerce company after Alibaba, is pumping $397 million into Farfetch, a marketplace for luxury brands, as part of a new strategic partnership. JD.com founder and CEO Richard Liu will take a seat on Farfetch’s board as part of the deal, which makes JD.com one of its largest shareholders. Read More

Banking the unbanked in emerging markets

Hands around finance data inside of crystal ball As countries progress, citizens migrate from remote villages to large cities and foreign countries. Their economic power rises and they participate in the global economy. People need to purchase food, pay electricity bills, top up transportation cards, arrange online services, buy overseas goods, repay loans, and send money to relatives. Unlike the U.S., however, where 93% of people have… Read More

After Math: Reach out and touch someone

It's been a telling week for communications. Chinese scientists bounced quantum entangled photons into space and back, McDonald's recruited new hires through Snapchat, and it would appear that North Korea has had its fingers in everybody's cyber-pies…

Crunch Report | Amazon Bids to Buy Whole Foods for $13.7 Billion

Amazon bids to buy Whole Foods for $13.7 billion, Walmart buys Bonobos for $310 million, Mobike, a ride-sharing company in China, raises $600 million. All this on Crunch Report. Read More