No Picture

China: The mirage of the ‘new economy’

SHANGHAI | By Andy Xie via Caixin | The current Internet boom and the new economy, centered around social networking, e-commerce and online gaming, has not produced a significant productivity boost for the economy and likely will not in the future. The boom is mostly about redistributing existing demand from offline to online.

The Battle Lines Are Drawn for Alibaba and Tencent

China: The Battle Lines Are Drawn for Alibaba and Tencent

BEIJING | By Zhu Yishi at Caixin | The war between the country’s two Internet giants, Tencent Holding and Alibaba Group, in the mobile Internet arena has escalated. The Internet giants enter the mobile Internet industry with different strengths but a similar determination to come out on top.

UK SMEs missing billions under digital austerity

LONDON | By Victor Jimenez | That the CBI has aired a word in favour of their smaller colleagues reveals the extent to which the real economy strives to free itself from the anti-pro austerity meaningless conflict.

Twitter’s bird makes its nest in Spain

Like other American tech giants such as Facebook, Google or Microsoft, Spain is the new gate for Twitter’s international expansion… although all of them go to Ireland to pay taxes.

Facebook’s juicy iceberg

NEW YORK | You update your status. You share last weekend pictures in the snow and react on your colleague’s comments to the football game….