Microsoft’s announcement rounds out what was a less-than-stellar Prime Day for the online retailing giant, which endured several glitches within its formidable e-commerce engine Monday as Prime Day festivities kicked off.
Mobile payment giant Alipay on Thursday announced a major upgrade to its 'Smile to Pay' service, aiming to make its facial-recognition process more accessible to merchants and customers.
Moon noted the second Trump-Kim summit will be imminent, saying the DPRK top leader Kim Jong-un's trip to China this week has shown a positive indication.
Michael Pettis, professor of finance at Peking University, said it is a fallacy that when an economy reaches a certain size it has to be financially open to the rest of the world.
Microsoft continued hiring in China even amid the COVID-19 pandemic so as to meet surging demand for its technologies, he said.
Mike Wang, partner at the Chinese law firm King & Wood Mallesons said the data matched their business experience. "Our clients are finding it much easier to foster constructive relationships with target companies on the Belt and Road map, with support from both the Chinese government and the target company’s government," he said.
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Mobile wallets backed by various payment technologies are scrambling to grab a slice of China's public transportation market, which could become a multi-billion dollar business by 2020.
Microsoft, generally considered the No. 2 public cloud provider by market share, doesn’t provide a comparable revenue run rate number, but its commercial cloud revenue was billion in its most recent quarter. This includes not just Microsoft’s Azure cloud computing platform but also Office 365 commercial, Dynamics Online, and other cloud products and services.
Models unveil the Lotus 410 sport automobile, produced by Group Lotus Plc, a luxury unit of Proton Holdings Bhd, during the 86th Geneva International Motor Show in Geneva, Switzerland, last year. BLOOMBERG VIA GETTY IMAGES
Mikako Kitagawa, senior principal analyst at Gartner, said in a research note that "we saw the start of a rebound in PC shipments in mid-2018, but anticipation of a disruption by CPU shortages impacted all PC markets as vendors allocated to the higher-margin business."