Silicon Dragon News – mid-February, 2015
Baidu’s Chinese New Year heat map tracking the large annual migration from Beijing, Shanghai and Shenzen in real time.
Happy Chinese New Year!
TECH DEALS AND TRENDS
Robin Li channels Liberace at Baidu’s 15th anniversary gala.
What is it with China’s tech lords?
Join Baidu – see Robin Li play the drums. The perks of joining a Chinese internet firm.
China Internet search leader Robin Li’s fortune drops $1.8 billion as Baidu shares plunge
Leading taxi apps Kuaidi and Didi in $6 billion merger to counter Uber’s advance in China http://ow.ly/J6siA
LinkedIn’s China bet starts paying off with increase in users http://bit.ly/1zfeda4
Tesla’s Elon Musk ready to fire execs over weak China sales – just 120 of the luxury electric cars last month. Could put dent in Tesla’s global ambitions. http://for.tn/1L3PGMe
Apple’s digital personal assistant Siri got a new competitor from ZTE: “Hello, World! I’m from China!” http://t.co/7JUGirPOp7
Behind Alibaba’s $590 million bet on smartphones http://bloom.bg/16LwyVB
Chairman of ludicrously valued, Netsun, aka “the other Hangzhou-based e-commerce company,” now a billionaire. http://goo.gl/jdWtDq
Under Lenovo’s ownership, Motorola appears to have gotten its mojo back. http://onforb.es/1zSDEFo
Chinese company Hanergy plans to release solar powered cars later this year. http://onforb.es/1AwqmP5
Taiwan’s National Development Council will invest $83 million in four venture capital funds, including 500 Startups and TransLink Capital
Inside China’s bitcoin mine that’s making $1.5 million per month from a repurposed factory in Liaoning province.
China Rising: How four giants are revolutionizing China’s homegrown film business. http://bit.ly/1zF2VkC
Tech clouds over China: entrepreneurs, customers, cloud computing onforb.es/16xhbAR
The new white flight: in Apple’s hometown, parents flee schools that are “too Asian” – too academically driven
Jack Ma’s Indian sojourn into e-commerce begins with Alibaba affiliate Ant Financial Services acquiring a 25% stake in mobile payment ecosystem Paytm, run by One97. Alibaba co-founder Peng Lei is joining the board of Paytm. http://bit.ly/1vQd1zA
India-based mobile news aggregator raises $50 million from NY hedge fund Falcon Edge Capital, Matrix Partners, Sequoia Capital and Omidyar Network. The new financing follows $18 million in October for the startup positioned for Indian-language mobile users.
Location-based SEO enabler NowFloats in Hyderabad raises Series A funding led by Omidyar Network. http://bit.ly/1CQQ3c3
India outgrew China last year if you believe the new statistics.
Indian billionaire amongst secret buyers of NYC real estate http://flip.it/18iLE