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China Clampdown on Big Tech puts more Billionaires on Notice

China Clampdown on Big Tech puts more Billionaires on Notice | Technology in Business Today | Scoop.it
Technology in Business

Xi Jinping’s Communist Party stepped up efforts to rein in some of China’s most powerful companies, jolting investors and dealing a blow to the country’s richest entrepreneurs.



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China Now Has 700M Active Smartphone Users, Says Umeng

China Now Has 700M Active Smartphone Users, Says Umeng | Technology in Business Today | Scoop.it
The number of active smartphones in China exceeded 700 million by the end of 2013, says a new report from analytics firm Umeng. Out of all the devices sold in 4Q 2013, 41% were to people purchasing their first smartphone.
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