Walt Disney (DIS.NYSE) has formed alliance with Tencent Holdings (0700.HKG), China’s largest internet service provider, and the state-run China Animation Group to collaborate on developing animated content for China and international markets, Bloomberg reported. The partnership, called the National Animation Creative Research and Development Cooperation, will work as an incubator to train local animators and […]
Category: Tech, Media & Telecom
ZTE Corp (ZTE.CVE), China’s second-largest telecommunications equipment maker, agreed to export US$10.5 million worth of embargoed American computer equipment to Iran, Reuters reported. Documents reviewed by Reuters showed the US tech products were part of an equipment-supply contract dated June 30, 2011 between ZTE, Beijing 8-Star and Aryacell, a unit of Iran Mobin Electronic Development […]
China’s two largest microblog sites resumed normal service Tuesday after barring users from commenting on other microblog accounts for three days on government orders, AP reported. Sina’s (SINA.NASDAQ) Weibo.com and Tencent’s (0700.HKG) t.qq.com shut down the commenting feature in a move to clean up illegal and harmful information after websites circulated information on the downfall […]
Chinese Vice Premier Li Keqiang, who is expected to replaced Wen Jiabao as China’s premier later this year, promised Apple (AAPL.NASDAQ) CEO Tim Cook that the country would strengthen intellectual property protection and called on multinational companies to “pay more attention to caring for workers” in China, Reuters reported, quoting state media. This is Cook’s […]
The US is considering relaxing restrictions to allow China to purchase American military technology, The Wall Street Journal reported. Beijing has long complained that US limits on exports of high-tech equipment that could have military applications – such as aircraft engines, underwater cameras and propulsion systems, and telecom equipment – are overly restrictive and amount to protectionism. […]