WSJ: U.S. Technology Companies Worry About the Backlash They Face in Europe

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By Stephen Fidler:  Europe Pulls Welcome Mat for U.S. Tech Companies One message so far from the corridors around the World Economic Forum in Davos: U.S. technology companies are very worried about the backlash they are now facing in Europe. From their standpoint, Europe risks shooting itself in the foot by rejecting the cutting-edge technologies they have brought to the continent. But they would say that, wouldn’t they? Look at it from the European point of view. Europe once led the world in mobile technology: The Global System for Mobile…

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IDC 2015 Top 10 Predictions of China ICT Market: 3rd Platform Pursuit of New Growth During Economic Adjustment Period

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Beijing, January 7, 2015 – In 2014, China’s macro economy maintained growth even under enormous pressure. The year also witnessed continuous industrial restructuring, feeble growth of overall real economy, recession of real estate market, and single digit growth of exports. Meanwhile, anti-corruption measures have also affected government spending. China’s GDP growth rate in 2014 was 7.3%, the lowest level in 24 years. Nonetheless, considering the sheer volume of China’s GDP which is  the second largest in the world, the growth rate of 7.3% is still substantial compared with those developed…

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China gets its first online private bank, courtesy of Tencent

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Chinese internet and social giant Tencent has launched the country’s first private online bank. The bank, which is called WeBank in a clear allusion to its massively popular instant messaging service WeChat, is also China’s first internet-based financial institution. The launch of WeBank sees Tencent steal a march on Alibaba and eight other private investors who were last year given permission to launch five private online banks. As Technode pointed out at the time, the pilot programme is designed to help make funding more accessible to startups and small businesses.…

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Africa’s mobile money platform Mpesa expands to Europe

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Editor’s note: Tomorrow Transformed explores innovative approaches and opportunities available in business and society through technology. (CNN) — Snapchat may be the latest application with a new mobilepayment feature launched this week, but the idea that made Snapcash possible was spawned more than seven years ago in Africa. When M-Pesa came on the scene in 2007 — a money transfer system devised by Vodafone and Kenya-based Safaricom – it sparked a mini-revolution. With the touch of a button, relatives in Nairobi could transfer cash instantly to their remote up-country families…

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Unauthorized software is proliferating in the workplace, What apps are your employees using?

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Unauthorized cloud-based software is proliferating in the workplace, causing regulatory and security challenges for companies that often don’t even know their employees are using it. Some of the services are well known, such as Dropbox, for file sharing, and the multipurpose social-media site Facebook . But at some companies, employees are tapping hundreds of cloud-based apps to perform functions ranging from Web conferencing to conducting surveys to sharing photos. Skyhigh Networks, a provider of services that track and control cloud apps, surveyed more than 350 large companies this year and…

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Facebook’s Mark Zuckerberg speaks Chinese in Beijing visit

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Facebook has been blocked by Chinese authorities for over five years, but company founder Mark Zuckerberg appears to be on a new charm offensive to crack the massive market. In a move that has sent tongues wagging across China and around the globe, Zuckerberg on Wednesday showed off his nascent Chinese language skills in Beijing by participating in a 30-minute question-and-answer session conducted entirely in Mandarin. When asked about Facebook’s plans in China, Zuckerberg said the company already has a presence in the country, focused on helping Chinese companies grow in…

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Oculus founder thinks virtual reality can disrupt more than just video games

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For now, Luckey admits, the video game industry is the best place for pioneers to work on VR. “It’s the only industry with the talent to create 3D environments,” he says. Oculus Rift’s Palmer Luckey Wants Virtual Reality To Disrupt Your Industry Too Palmer Luckey is a guy with a definite vision, one of virtual reality transforming not only how video games are played in the living room—but also changing the way teachers conduct their classroom, how doctors perform surgeries at a hospital. Consider, Luckey says, the opportunity of allowing every…

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Sophia Bekele’s “P.U.S.H to Change Africa” KeyNote Won the YALS in New York

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“Standing on the “Shoulders of Giants: Our History, Our Legacy, Our Destiny.”, Persist Until Something Happens – to change Africa. Oct. 14, 2014 – Founder of DotConnectAfrica Trust and Yes2DotAfrica Campaign was invited to present a Key Note speech at th 2014 CUNY Young African Leadership Symposium (YALS), Themed “Standing on the “Shoulders of Giants: Our History, Our Legacy, Our Destiny.” The YALS aims to remind the African youth of the rich history that has become their legacy; the people who defined their present; and to rethink the meaning of…

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Apple and Google brands worth $100bn each

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PARIS: The US Apple and Google brands which have become household names around the globe are worth more than $100 billion each, and top a ranking of the world’s biggest brands, consultancy Interbrand said. In number one place, computer brand Apple has risen 21 percent in value this year to worth an estimated $118.9 billion (93.0 billion euros). In second place, the brand value of Internet search engine Google has increased by 15 percent to $107.43 billion. “The fact that Apple and Google have exceeded $100 billion is proof of…

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Twitter sues US government over Transparency Report restrictions

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Twitter has been publishing what bits of info it’s allowed to concerning national security requests for some time now, but the social media feed wants the ability to publish the whole thing. Today, the outfit filed a lawsuit aiming to get approval to post its entire transparency report. In a blog post, VP of Legal Ben Lee says that the company is asking a California District Court “to declare these restrictions on our ability to speak about government surveillance as unconstitutional under the First Amendment.” As is stands, Twitter and…

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