San Jose, Oct. 30, 2015, — Alibaba Group Holding Ltd’s cloud computing unit recently launched of its second data center in Silicon Valley in the United States, as part of the company’s ambitious plan to be a global cloud service provider.
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Tag: Business
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Alibaba Opens Second Cloud Data Center in Silicon Valley
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Chinatown Main Street Cleans Up Chinatown as Tony Yee Remembered
By Xinming Li, bostonese.com
Boston, Oct. 31, 2015, — It was a nice day for trick and treat today while teams of volunteers joined Chinatown Main Street(CMS) Fall Street Cleaning this morning. The sudden passing of Tony Yee, former president of board of CMS might have inspired many to show up in memory of Yee, who was a tireless advocate for better and more attractive business environment for Chinatown.
Volunteers pose for a group picture(provided to bostonese.com).
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Video — Wang Jianlin on Making Wanda a Leading Global Company
Oct. 31, 2015, — Mr. Wang Jianlin, Chairman of the Dalian Wanda Group, was invited to speak at Harvard Business School on Friday. The talk titled Going Global The “Wanda” Way attracted about 900 students. Mr. Wang talked about ambitious goals of making Wanda first-rate global company in real-estate, high-end hotel, entertainment and sports.
Mr. Wang speaks at HBS (file photo).
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Apple Closes Fiscal 2015 with Record Revenue of $234 Billion
iPhone, Apple Watch & App Store Drive Revenue Growth of 22%
CUPERTINO, California — October 27, 2015 — Apple® today announced financial results for its fiscal 2015 fourth quarter ended September 26, 2015. The Company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These results compare to revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent compared to 38 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.
iPhone 6s was released during the quarter(file photo).
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Huawei Servers Help Tencent Deliver Largest Social Network in Asia
Background
Tencent ranks as the largest Internet enterprise in Asia and third largest services provider worldwide, after Google and Amazon. It serves the most users in China and is Asia’s first Internet enterprise with over USD $100 billion market value. Tencent provides a wide range of online services, gaining strength in mobile services, including gaming, social communities, advertising, reading, videos, music, and eCommerce, which are top-ranking in China’s Internet and mobile industries.
Challenges
To support heavy Internet service traffic, Tencent installed over 300,000 servers running on the live network and has purchased nearly 10 percent of all servers in the Chinese market in recent years.
Eric Xu speaks at a tech conference in 2014(file photo).
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Today Is Back-to-the-future Day in the White House
It’s an important day in American history (or, at least, in American cinematic history):
It’s the date to which Marty McFly traveled into the “future” in Back to the Future Part II.
We’ve come a long way in the 30 years that have passed since the original Back to the Future came out. Now, we’re going to talk about where we’re going in the next 30.
All day long, we’re hosting a series of conversations with scientists and innovators across the government and the country. You’ll be able to ask them questions, watch videos explaining their cutting-edge developments, and share your answer to the question above: What does 2045 look like?
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IBM Reports Disappointing Q3 2015 Results
ARMONK, N.Y.(BUSINESS WIRE), Oct. 19, 2015, –IBM (IBM) today announced third-quarter 2015 diluted earnings from continuing operations of $3.02 per share, down 13 percent year-to-year. Operating (non-GAAP) diluted earnings from continuing operations were $3.34 per share, compared with operating diluted earnings of $3.68 per share in the third quarter of 2014, a decrease of 9 percent.
The tile of the June 2011’s report of IBM’s centennial on China Press newspaper means: 100 Brilliant Years, IBM Changed the World(file photo).
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Modular Innovation and China’s Opportunities
By Xue Zhaofeng , speech at US-China Hi-Tech Summit, Boston 2015
I’m pleased to give some remarks on behalf of Peking University Business School’s (BiMBA) “Modular Innovation and China’s Opportunities” delegation. Our members are mostly from the EMBA alumni of Peking University Business School (BIMBA). All of them are excellent leaders from the investment and industry fields. Our trip to the United States is to search for the origins of innovation, and to explore new technologies, new business models, and new business opportunities.
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Next-Gen Endpoint Security Leader Bit9 + Carbon Black Raises $54.5M
WALTHAM, Mass., Oct. 14, 2015 — Bit9® + Carbon Black®, the market leader in Next-Generation Endpoint Security (NGES), today announced it recently closed $54.5 million in Series F funding. The company will use investment to fuel its accelerating growth, product innovation and international expansion.
Bit9 + Carbon Black moved its headquarters to this building at 1100 Winter St. in Waltham (file photo).
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Deepen US-China Cooperation and Create a Bright Future for High-tech Industries
Deepen US-China Cooperation Cooperation and Create a Bright Future for High-tech Industries
Speech at the US-China Hi-Tech SummitBy Ming Yi, Deputy Director of Guangzhou Industry and Information Technology Commission
Translated by Menglai Han, Anna TseRespectful guests, ladies and gentlemen, friends:
I’m very pleased to attend the US-China Hi-Tech Summit, and I enjoy meeting with you to strengthen our friendship, deepen our cooperation and seek common development. Firstly, on behalf of the Guangzhou city government, I want to express my sincere thankfulness to Haiyin Capital! I also want to give everybody warm welcome and good wishes!
Mr. Ming Yi (right) and translator Anna Tse at US-China Hi-Tech Summit, Boston 2015(photo by Menglei Han).
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