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13.10.26 - 17:30
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′Super app′ aimed at UK students uses servers owned by Chinese firm on US blacklist (The Guardian)
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ZyMix platform has contract with Tencent, which US alleges has links to People's Liberation ArmyA new messaging and payment “super app” marketed at British students uses servers owned by a Chinese company that has been put on a US military blacklist for its alleged affiliation to the People's Liberation Army.ZyMix, which is being pushed on university campuses as the UK's first super app designed “for gen Z”, combining chat, payments and community features, has a contract with a German-based subsidiary of Tencent Holdings, a Chinese conglomerate in Shenzhen. Continue reading......
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13.10.26 - 15:39
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Big Tech′s Next AI Battleground Is Your Face: Alibaba Takes Aim At Meta Ray-Ban With New Smart Glasses (ZeroHedge)
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Big Tech's Next AI Battleground Is Your Face: Alibaba Takes Aim At Meta Ray-Ban With New Smart Glasses
Alibaba Group Holding unveiled a new generation of AI smart glasses early Tuesday, intensifying competition with its challenger Meta Platforms, which currently sells a lineup of Ray-Ban smart glasses, as Big Tech positions eyewear as the next big battleground.
The Qwen Glasses N1 series, introduced in China, starts at $450 before discounts, putting it in the same price range as Meta's Ray-Ban smart glasses. A Pro version, expected to cost around $520, adds eye-tracking capabilities.
Alibaba's Qwen Glasses N1. Source: BloombergAccording to Alibaba, the smart glasses feature 50-megapixel cameras, bone-conduction microphones, and AI assistant integration with the Qwen model. The glasses will support shopping, payments, and health tracking, with battery life of up to 25 hours on standby or nine hours of music playback.
Last month, Loop Capital analyst Rob Sanderson told clients that smart gla...
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13.10.26 - 14:06
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GDS Associates Appoints Gary Cooley as Chief Financial Officer (Business Wire)
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MARIETTA, Ga.--(BUSINESS WIRE)--GDS Associates, Inc. (“GDS” or the “Company”), a leading provider of power consulting and advisory services to the U.S. utility industry, today announced that Gary Cooley has joined the Company as Chief Financial Officer. In this role, Mr. Cooley will lead GDS' financial, accounting, and operations management functions.
Mr. Cooley brings more than three decades of financial leadership experience across engineering, consulting, and advisory firms. Most recently, he served as Chief Corporate Development Officer and CFO of Anser Advisory, where he oversaw the firm's financial management and led its mergers, acquisitions, and integrations, including its acquisition by Accenture.
“Gary has spent his career successfully scaling professional services firms with discipline and steady leadership, and we are pleased to welcome him to the team,” said Miki Deric, CEO of GDS. “His track record of executing and integrating acquisitions, along with his broader financial ac...
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13.10.26 - 11:45
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TENCENT Spends Approx. HKD100M to Repurchase 237,000 Shares (AAStocks)
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TENCENT (00700.HK) announced that it repurchased 237,000 shares of the company on October 13 at a price ranging from HKD420 to HKD425.4 per share, involving approximately HKD100 million. Since the repurchase mandate resolution was approved on May 13, 2026, the Group has cumulatively repurchased 49.9887 million shares, accounting......
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13.10.26 - 10:30
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Full-day Takeaway: HSI Closes at 24,345, Up 74 pts; HSTI Closes at 4,136, Down 32 pts; HUA HONG GRACE Down over 5%; CKI HOLDINGS, ABC, BANKCOMM, CCB, BANK OF CHINA Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 74 pts or 0.3% to 24,345. HSTI dropped 32 pts or 0.8% to 4,136. HSCEI gained 6 pts or 0.1% to 8,174. Market turnover reached $187.57 billion.Active Heavyweights:XIAOMI (01810.HK) closed at $25.04, up 2.1%BABA (09988.HK) closed at $107.2, down 0.9%TENCENT (00700.HK) closed at $425.2, down 0.1%HSI & HSCEI Consti......
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13.10.26 - 06:15
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Midday Takeaway: HSI Closes Midday at 24,176, Down 95 pts; HSTI Closes Midday at 4,105, Down 64 pts; HUA HONG GRACE Down over 5%; BANKCOMM, CM BANK Hit New Highs (AAStocks)
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At midday close, HSI dropped 95 pts or 0.4% to 24,176. HSTI dropped 64 pts or 1.5% to 4,105. HSCEI fell 46 pts or 0.6% to 8,121.Active Heavyweights:BABA (09988.HK) closed at $106.5, down 1.6%TENCENT (00700.HK) closed at $422, down 0.9%XIAOMI (01810.HK) closed at $24.54, up 0.1%HSI & HSCEI Constituents on Move:HUA HONG GRACE (013......
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12.10.26 - 15:42
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TROOPS, Inc. Announces Landmark Merger with EFFORCE Group, Expanding into Multi-Vertical Digital Asset Infrastructure and Securing Crypto Trading (Business Wire)
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HONG KONG--(BUSINESS WIRE)--$TROO #Blockchain--TROOPS, Inc. (NASDAQ: TROO) ("TROOPS" or the "Company"), a diversified conglomerate spanning financial technology and insurance services, today announced that it has signed a merger agreement with EFFORCE Group.
This strategic combination unites TROOPS' robust ecosystem with EFFORCE's blockchain infrastructure and regulatory credentials. Founded by Apple co-founder Steve Wozniak, EFFORCE has established a presence in the digital asset and sustainability sectors through its focus on innovative technology-driven solutions. Mr. Wozniak remains a shareholder of EFFORCE following the transaction.
The merger is intended to bring together complementary strengths across technology, regulatory compliance, business development, and market access. By combining their respective capabilities, the parties aim to create a stronger platform positioned to pursue opportunities across multiple segments of the evolving digital asset economy.
A Multi-Vertical Ecosystem: Beyond ...
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