MANILA -- Engineer and travel enthusiast Jonald Basilio snapped beach landscapes with his new Huawei smartphone, unfazed by Google's decision to cut software support because he got a bargain. From smartphone shoppers seeking powerful cameras to telecommunications companies building 5G networks and cashless payment ecosystems, Filipinos are turning to Chinese technology which promises more features at lower prices compared to competition from the West. The Philippines is also turning to technology from China as President Rodrigo Duterte seeks closer economic ties between Manila and Beijing, notwithstanding a festering dispute in the South China Sea. Basilio, 32, bought his P30 handset at full price two weeks after Google said it would suspend business with Shenzhen-based Huawei to comply with a US government directive. "Wala akong hesitation. Super advanced siya against competitors (I had no hesitations. It is super advanced against competitors)," Basilio told ABS-CBN News. "Maganda … [Read more...] about From geeks to telcos, Chinese tech lures Filipinos
Silicon valley billionaires
Tesla’s Elon Musk briefly becomes ‘Daddy DotCom’ on Twitter
Silicon Valley billionaire Elon Musk tweeted here late on Sunday that he had "just deleted" his Twitter account, while also changing his Twitter display name to "Daddy DotCom". It has since been switched back to his name. Sunday, June 16 was Father’s Day in the United States and the Tesla Inc chief has a history of being playful with his Twitter account, one of corporate America’s most-watched. In February, Musk briefly changed his display name to “Elon Tusk” and added an elephant tag to his account. Musk has previously been accused by the U.S. Securities and Exchange Commission for disclosing misleading corporate information about Tesla on Twitter. Under a settlement with the regulator, he is required to have a securities lawyer to review tweets that have material information about the company before publishing. news POST Purchase this article for republication. … [Read more...] about Tesla’s Elon Musk briefly becomes ‘Daddy DotCom’ on Twitter
Sotheby’s snapped up by French tycoon Drahi for $3.7 billion
PARIS/BOSTON -- Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby's in a deal worth $3.7 billion, marking the art auction house's return to private ownership after 31 years. The acquisition allows Drahi to join French billionaire Francois Pinault - who owns Sotheby's main rival Christie's - at the top of the art world and New York society. Drahi joins an exclusive club of French billionaires active in the global art market, which also includes LVMH's boss Bernard Arnault through his Louis Vuitton foundation. Drahi's expansion in the United States also has echoes of former Vivendi boss Jean-Marie Messier, who turned a struggling French water company into a global media giant with stakes in established US institutions. The deal also marks a new chapter for the 275-year-old auction house that became a destination for a new generation of wealth created on Wall Street, in Silicon Valley and around the world. In many ways, being public … [Read more...] about Sotheby’s snapped up by French tycoon Drahi for $3.7 billion
Tesla’s Elon Musk becomes ‘Daddy DotCom’ on Twitter
Business Silicon Valley billionaire Elon Musk tweeted https://twitter.com/elonmusk/status/1140481957341495296 late on Sunday that he had "just deleted" his Twitter account, while also changing his Twitter display name to "Daddy DotCom". 17 Jun 2019 09:25PM Bookmark REUTERS: Silicon Valley billionaire Elon Musk tweeted https://twitter.com/elonmusk/status/1140481957341495296 late on Sunday that he had "just deleted" his Twitter account, while also changing his Twitter display name to "Daddy DotCom".Sunday, June 16 was Father's Day in the United States and the Tesla Inc chief has a history of being playful with his Twitter account, one of corporate America's most-watched.In February, Musk briefly changed his display name to "Elon Tusk" and added an elephant tag to his account.Musk has previously been accused by the U.S. Securities and Exchange Commission for disclosing misleading corporate information about Tesla on Twitter.Under a settlement with the regulator, he is required … [Read more...] about Tesla’s Elon Musk becomes ‘Daddy DotCom’ on Twitter
Robo-vans the future of delivery for Chinese firm
BEIJING • Forget drones. The future of deliveries may be robo-vans. A Chinese start-up called Neolix kicked off mass production of its self-driving delivery vehicles last Friday - saying it is the first company globally to do so - and has lined up giants such as JD.com and Huawei as customers. It expects to deliver a thousand of the vehicles, which resemble tiny vans, within the first year as it broadens out. The implications are potentially huge: Billionaire Jack Ma predicts there will be one billion deliveries a day in China within a decade and the commercialisation of the technology could provide lessons for autonomous vehicles carrying passengers. Neolix is not alone in this space, as Silicon Valley's Nuro raised almost US$1 billion (S$1.4 billion) this year and is starting to deliver groceries in Arizona. "Driverless cars will change the world, just like the shift from the carriage to the car," said Neolix founder Yu Enyuan, 45. "I have been looking for something worth … [Read more...] about Robo-vans the future of delivery for Chinese firm