Companies of China

“From Cloud to Cloud Intelligence” — Alibaba Cloud Outlines Strategic Upgrade after a Decade of Success

Retrieved on: 
Thursday, March 21, 2019
Technology, Data management, Internet, Software, Online marketplaces, Economy of China, Alibaba Group, Alibaba Cloud, Companies of China, E-commerce, UCWeb, AliExpress

Alibaba Cloud, the cloud computing and data intelligence arm of Alibaba Group, unveiled at its Beijing Summit the new strategy to develop the company into a more technologically inclusive platform.

Key Points: 
  • Alibaba Cloud, the cloud computing and data intelligence arm of Alibaba Group, unveiled at its Beijing Summit the new strategy to develop the company into a more technologically inclusive platform.
  • Cloud computing is becoming the main business focus of Alibaba Group and over the past decade Alibaba Cloud has been the technology and public cloud platform underpinning the entire Alibaba economy from e-commerce and payment, to logistics and supply chain management.
  • Alibaba has championed cloud computing in China over the past 10 years and has been at the forefront of rapid technology development.
  • Alibaba Cloud provides a comprehensive suite of cloud computing services to businesses worldwide, including merchants doing business on Alibaba Group marketplaces, start-ups, corporations and government organizations.

Hainan Airlines to Launch Guiyang-Paris Non-Stop Service on March 24

Retrieved on: 
Wednesday, March 20, 2019
HNA Group, Hainan Airlines, Economy of China, Companies of China, Provinces of China, China Southern Airlines, Jinan Yaoqiang International Airport

HAIKOU, China, March 20, 2019 /PRNewswire/ -- Hainan Airlines Holding Co., Ltd. ("Hainan Airlines") will launch non-stop service between Guiyang, China and Parison March 24, itsfourth non-stop route from mainland China to Paris following Xi'an-Paris, Chongqing-Paris and Shenzhen-Paris.

Key Points: 
  • HAIKOU, China, March 20, 2019 /PRNewswire/ -- Hainan Airlines Holding Co., Ltd. ("Hainan Airlines") will launch non-stop service between Guiyang, China and Parison March 24, itsfourth non-stop route from mainland China to Paris following Xi'an-Paris, Chongqing-Paris and Shenzhen-Paris.
  • The once weekly Guiyang-Paris route will be serviced by a Boeing 787 Dreamliner and takes off every Sunday.
  • Witha spacious and comfortable cabin layout, business class is equipped with 180-degree lie flat seats.
  • Hainan Airlines has to date launched 20 European routes servicing Berlin, Brussels, Edinburgh, London, Madrid, Manchester, Moscow, Paris, Rome, Vienna and Zurich.

Tencent to Showcase Global Cloud Ecosystem for Game Developers at GDC 2019

Retrieved on: 
Tuesday, March 19, 2019
Software, Companies of China, Tencent, Companies, Nanshan District, Shenzhen, WeChat, Cloud computing

Tencent Cloud's world-class global cloud infrastructure currently operates 53 availability zones in 25 countries and regions worldwide, offering high concurrency, rapid elastic expansion, anti-DDoS protection, and solutions tailored to various game genres.

Key Points: 
  • Tencent Cloud's world-class global cloud infrastructure currently operates 53 availability zones in 25 countries and regions worldwide, offering high concurrency, rapid elastic expansion, anti-DDoS protection, and solutions tailored to various game genres.
  • Two of these, Tencent Games and social media platform WeChat, will also showcase their offerings for the gaming sector at GDC.
  • As a partner of many world leading game developers, Tencent Games CROS has been supporting over 200 games.
  • "GDC is set to be our most significant event in years," said Jack Da, Vice President of Tencent Cloud International.

Tencent to Showcase Global Cloud Ecosystem for Game Developers at GDC 2019

Retrieved on: 
Tuesday, March 19, 2019
Software, Companies of China, Tencent, Companies, Nanshan District, Shenzhen, WeChat, Cloud computing

Tencent Cloud's world-class global cloud infrastructure currently operates 53 availability zones in 25 countries and regions worldwide, offering high concurrency, rapid elastic expansion, anti-DDoS protection, and solutions tailored to various game genres.

Key Points: 
  • Tencent Cloud's world-class global cloud infrastructure currently operates 53 availability zones in 25 countries and regions worldwide, offering high concurrency, rapid elastic expansion, anti-DDoS protection, and solutions tailored to various game genres.
  • Two of these, Tencent Games and social media platform WeChat, will also showcase their offerings for the gaming sector at GDC.
  • As a partner of many world leading game developers, Tencent Games CROS has been supporting over 200 games.
  • "GDC is set to be our most significant event in years," said Jack Da, Vice President of Tencent Cloud International.

EQUITY ALERT: Rosen Law Firm Encourages NIO Inc. Investors with over $100K in Losses to Contact the Firm – NIO

Retrieved on: 
Wednesday, March 13, 2019
Professional services, Legal, Securities Class Action, Securities regulation in the United States, Class action, Security, NIO, Companies of China, Automotive industry, Companies

The lawsuit seeks to recover damages for NIO investors under the federal securities laws.

Key Points: 
  • The lawsuit seeks to recover damages for NIO investors under the federal securities laws.
  • To join the NIO class action, go to https://www.rosenlegal.com/cases-register-1534.html or call Phillip Kim, Esq.
  • toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
  • Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Switchtec™ Programmable PCIe Switches Bring Resource Pooling to China's Open Reference Design for Data Center Developers

Retrieved on: 
Thursday, March 14, 2019
Companies of China, Companies, Computing, Peripheral Component Interconnect, PCI Express, Tencent, Nvidia Ion

The T-Flex reference design featuring the Switchtec PCIe switch was jointly developed by Tencent and its partner Inspur, the top-selling server supplier in China.

Key Points: 
  • The T-Flex reference design featuring the Switchtec PCIe switch was jointly developed by Tencent and its partner Inspur, the top-selling server supplier in China.
  • This is the second time the Switchtec Gen3 PCIe switch has been selected for an open reference design, in this case specifically for ODCC members.
  • When used in a T-Flex IO resource pooling system, the Switchtec PSX Gen3 PCIe programmable storage switch enables connection of up to 16 host servers.
  • The Tencent T-Flex reference design is posted to the Open Data Center Committee (ODCC) website at: http://www.opendatacenter.cn/download/22 and available to ODCC members.

Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against Sogou, Inc. (SOGO) and March 11 Lead Plaintiff Deadline

Retrieved on: 
Thursday, March 7, 2019
Professional services, Legal, Sogou, Sohu, Tencent, Class action, Lawsuit, Economy of China, Companies of China, Websites, Class action lawsuits

Scott+Scott Attorneys at Law LLP (Scott+Scott), a national securities and consumer rights litigation firm, is reminding investors that a federal class action lawsuit has been filed against Sogou Inc. (Sogou or the Company) (NYSE: SOGO) and related defendants (collectively, Defendants).

Key Points: 
  • Scott+Scott Attorneys at Law LLP (Scott+Scott), a national securities and consumer rights litigation firm, is reminding investors that a federal class action lawsuit has been filed against Sogou Inc. (Sogou or the Company) (NYSE: SOGO) and related defendants (collectively, Defendants).
  • The lead plaintiff deadline is March 11, 2019.
  • The complaint alleges that Defendants issued materially false and misleading statements to investors in connection with the IPO.
  • Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States.

Sogou Recognized as One of Fast Company's 2019 Most Innovative Companies

Retrieved on: 
Tuesday, February 26, 2019
Sohu, Economy of China, Internet search engines, Companies of China, Tencent, Sogou, Websites, Pinyin, Online service providers, Meituan-Dianping, Internet in China, Alibaba Group

BEIJING, Feb. 26, 2019 /PRNewswire/ -- Sogou Inc. (NYSE: SOGO) ("Sogou" or "the Company"), an innovator in search and a leader in China's internet industry, announced that it has been named one of Fast Company's 2019 Most Innovative Companies, an award which recognizes organizations that are transforming their industries and broader society.

Key Points: 
  • BEIJING, Feb. 26, 2019 /PRNewswire/ -- Sogou Inc. (NYSE: SOGO) ("Sogou" or "the Company"), an innovator in search and a leader in China's internet industry, announced that it has been named one of Fast Company's 2019 Most Innovative Companies, an award which recognizes organizations that are transforming their industries and broader society.
  • "We are very pleased that Sogou has been recognized as an innovative leader in China," said Xiaochuan Wang, CEO of Sogou.
  • This year's edition of Fast Company's Most Innovative Companies also included other Chinese internet companies such as Meituan Dianping, Alibaba Group and Ant Financial.
  • Sogou has a wide range of innovative products and services including the Sogou Input Method, which is the largest Chinese language input software for both mobile and PC.

BrightSphere Repurchases Additional 3.9 Million Shares Held by HNA Capital; Paulson & Co. Inc. Completes Minority Stake Acquisition

Retrieved on: 
Tuesday, February 26, 2019
Professional services, Banking, Finance, Companies of China, Companies, Paulson & Co., HNA Group, Finance

As of February 25, 2019, the Company has total outstanding shares of 92,023,923.

Key Points: 
  • As of February 25, 2019, the Company has total outstanding shares of 92,023,923.
  • In addition, on February 25, 2019, Paulson & Co. Inc. (Paulson) completed its previously announced acquisition of HNAs minority stake in BrightSphere after receiving all required regulatory approvals.
  • As a result of BrightSpheres repurchase of a total of 8.0 million shares from HNA, Paulson now holds a 21.7% stake in the Company, rather than the 24.9% stake originally contemplated between the parties.
  • BrightSphere is a global, multi-Affiliate asset management company with approximately $206.3 billion of assets under management as of December 31, 2018.

Alibaba Cloud Unveils New Products to Empower Data Intelligence for Enterprises and Internet Companies

Retrieved on: 
Tuesday, February 26, 2019
Technology, Data management, Internet, Software, Economy of China, Alibaba Group, Companies of China, Alibaba Cloud, Cloud computing, E-commerce

Nowadays, global enterprises and internet startups alike need to quickly derive insights from data and make intelligent business decisions in a timely manner.

Key Points: 
  • Nowadays, global enterprises and internet startups alike need to quickly derive insights from data and make intelligent business decisions in a timely manner.
  • To help customers manage and analyze large corps of data, Alibaba Cloud introduced the improved DataWorks and MaxCompute 2.0 that can handle processing 100PB/day.
  • In addition to new products for data analytics, Alibaba Cloud also introduced a number of powerful infrastructure enhancements to support intelligent businesses at a global scale.
  • Alibaba Cloud provides a comprehensive suite of cloud computing services to businesses worldwide, including merchants doing business on Alibaba Group marketplaces, start-ups, corporations and government organizations.