Gerry's Feed
Aug 28, 2014

Microsoft CEO Nadella to visit China amid antitrust probe – source

BEIJING (Reuters) – Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world’s largest software company.

It is not clear if Nadella, who took over as Microsoft CEO in February, will meet with any Chinese government representatives as part of his visit, or try to resolve issues with the State Administration for Industry and Commerce (SAIC), one of China’s antitrust regulators.

Aug 28, 2014

Exclusive: Microsoft CEO Nadella to visit China amid antitrust probe – source

BEIJING (Reuters) – Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world’s largest software company.

It is not clear if Nadella, who took over as Microsoft CEO in February, will meet with any Chinese government representatives as part of his visit, or try to resolve issues with the State Administration for Industry and Commerce (SAIC), one of China’s antitrust regulators.

Aug 26, 2014

ICBC deal shows U.S. tech giant IBM still engaged in China

BEIJING (Reuters) – Industrial and Commercial Bank of China (ICBC)(601398.SS: Quote, Profile, Research, Stock Buzz) has deployed a new IBM (IBM.N: Quote, Profile, Research, Stock Buzz) mainframe computer system, the two companies said on Tuesday, boosting the U.S. technology giant’s credentials in the country.

IBM’s joint announcement with ICBC, the world’s largest bank by market capitalization, shows IBM is still doing business with China’s state-owned banks despite widely circulated media reports in May that suggested China’s central government had ordered banks to remove IBM equipment because of cyber security concerns.

Aug 26, 2014

China antitrust regulator says Microsoft not transparent with sales information

BEIJING (Reuters) – A Chinese antitrust regulator said on Tuesday that Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) had not been fully transparent with its sales data on the software it distributes in China, including information on sales of its media player and web browser software.

Microsoft has expressed willingness to cooperate with ongoing investigations, Zhang Mao, the head of the State Administration for Industry and Commerce (SAIC), told reporters at a briefing in Beijing.

Aug 22, 2014

IBM to help China’s Inspur to design servers

BEIJING, Aug 22 (Reuters) – IBM will help China’s
largest server vendor Inspur International design
server systems, the two companies said on Friday, an unexpected
development in what has been a politically charged rivalry in
the Chinese technology market.

Since last year Inspur has aggressively marketed its servers
to Chinese state-owned firms as a replacement for IBM
(International Business Machines Corp) systems while U.S.-China
relations have worsened dramatically over mutual suspicions of
cyber-spying.

Aug 15, 2014

Apple starts to store user data on servers in China for first time

BEIJING (Reuters) – Apple Inc (AAPL.O: Quote, Profile, Research, Stock Buzz) has begun keeping the personal data of some Chinese users on servers in mainland China, marking the first time that the tech giant is storing user data on Chinese soil.

The data will be kept on servers provided by China Telecom Corp Ltd (0728.HK: Quote, Profile, Research, Stock Buzz), the country’s third-largest wireless carrier, Apple said in a statement on Friday.

Aug 14, 2014

China Mobile profit falls 8.5 pct as rivals encroach

BEIJING, Aug 14 (Reuters) – China Mobile Ltd,
China’s largest telecom provider, saw first-half net income
slide 8.5 percent as fierce competition from rival carriers and
Internet-based service providers heaped pressure on its slowing
business.

Net profit was 57.7 billion yuan ($9.38 billion), largely in
line with a consensus analyst estimate of 55.7 billion yuan,
according to Thomson Reuters SmartEstimate, but represented the
fourth consecutive quarter of year-on-year profit decline.

Aug 14, 2014

After China smartphone success, Lenovo plans leap forward overseas

BEIJING (Reuters) – China’s Lenovo Group said first-quarter profit jumped 23 percent, beating estimates, as a surge in smartphone sales showed how quickly the world’s biggest personal computer maker is transforming itself into a major player in mobile technology.

Beijing-based Lenovo said on Thursday net income climbed to $214 million in the three months through June from $174 million in the same period a year earlier, the opening quarter of its fiscal year. That was ahead of estimates of $202 million, according to a Thomson Reuters SmartEstimate poll of analysts.

Aug 11, 2014

China smartphone maker Xiaomi apologizes for unauthorized data access

BEIJING (Reuters) – Xiaomi Inc said it had upgraded its operating system to ensure users knew it was collecting data from their address books after a report by a computer security firm said the Chinese budget smartphone maker was taking personal data without permission.

The privately held company said it had fixed a loophole in its cloud messaging system that had triggered the unauthorized data transfer and that the operating system upgrade had been rolled out on Sunday.

Aug 10, 2014

‘Naked PCs’ lay bare Microsoft’s emerging markets problem

Aug 11 (Reuters) – On a trip to Beijing a decade ago, Bill
Gates was asked by a senior government official how much money
Microsoft Corp made in China. The official asked the
interpreter to double check Gates’ reply as he couldn’t believe
the figure was so low.

It’s a problem that hasn’t gone away. Indeed, Microsoft’s
current issues in China conceal a deeper problem for the U.S.
software giant – despite the popularity of its Windows operating
system and Office suite, few people in emerging markets are
willing to pay for legitimate copies.