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In This List

ByteDance's search engine; T-Mobile/Sprint deal update; Alibaba's system-on-chip

OTT Winners, Losers In The Age Of COVID-19

After Growing In 2019, Latam FTTP Market Might Slowdown In 2020 Due To COVID-19

Another Outcome Of COVID-19: Olympics Postponed

COVID-19 Crisis: Legacy TV Universe Strategic Analysis


ByteDance's search engine; T-Mobile/Sprint deal update; Alibaba's system-on-chip

TOP NEWS

* Technology company Beijing ByteDance Telecommunications Co. Ltd. will not roll out its recently launched search engine beyond China, a spokesperson told S&P Global Market Intelligence. The spokesperson said ByteDance has no plans to launch an independent app for the search engine like Alphabet Inc.'s Google LLC and Baidu Inc. Toutiao Search results prioritize content from ByteDance's core news app Jinri Toutiao, its local short video app Douyin and its long-form video app Xigua Video, as well as from selected third-party media outlets.

* U.S. Federal Communications Commission Chairman Ajit Pai on Aug. 14 formally recommended the approval of the proposed merger between T-Mobile US Inc. and SoftBank Group Corp.-owned Sprint Corp. The chairman circulated a draft order for the FCC to sign off on the deal should the order be approved by the full commission.

* Alibaba Group Holding Ltd. is developing a system-on-chip for its X-Dragon cloud server, a spokesperson confirmed to S&P Global Market Intelligence following media reports. The chip is aimed at boosting the efficiency of Alibaba's cloud server. Alibaba's chip business unit Pingtouge is leading the project. A system-on-chip integrates computer components, including processor and memory units, and features in servers, computers and handsets.

JAPAN

* NTT Security Corp., the specialized security unit of Nippon Telegraph and Telephone Corp. signed a memorandum of understanding with Europol's European Cybercrime Centre to strengthen its commitment to sharing best practices regarding strategic threat intelligence. The MOU defines a framework for NTT Security and Europol to exchange strategic threat intelligence as well as information related to cybersecurity trends and industry best practice. Europol is the European Union's law enforcement agency.

SOUTH KOREA

* South Korea-based Goodmorning Information Technology Co. Ltd. signed a cloud solution provision partnership agreement with Microsoft Korea Inc., ZDNet Korea reported. Under the partnership, Goodmorning Information Technology will supply Microsoft's existing products along with Azure-based cloud solutions.

* Korea's Ministry of Science and ICT announced it will unveil its "comprehensive material, part, equipment localization R&D plan" by the end of August, Digital Daily reported. Meanwhile, the involved information and communications technology agencies are also preparing 5G countermeasures.

CHINA, HONG KONG AND TAIWAN

* Russia's Mail.Ru LLC, which owns Russian social networks VKontakte Ltd. and Odnoklassniki LLC, is in talks with Huawei Technologies Co. Ltd. to have its software preinstalled on the Chinese company's devices, Reuters reported.

* Didi Chuxing Technology Co. Ltd. drafted a regulation to allow minors over the age of 16 to use Didi's ride-sharing services. The draft will be publicized for seven days for public opinion.

* Oppo's sub-brand Realme is developing its own system user interface, which is expected to be launched in about six months, Pingwest reported. Realme currently uses Oppo's ColorOS for its smartphones.

INDIA AND SOUTH ASIA

* Huawei's smart devices brand Honor said it can introduce new smartphones in India as well as in other countries despite the ongoing China-U.S. trade war, The Economic Times (India) reported. Honor India president Peng Chao said the company has the resources, capability and a strategy to continue launching Honor-branded smartphones in India.

* Indian startup Parentof Solutions Pvt. Ltd., which provides insights into child growth and decision analytics, raised US$1 million in seed funding, The Economic Times (India) reported. Avid angel investor V Srinivas led the funding round that took the company's funding to US$2 million.

* Sun TV Network Ltd. delayed the launch of its proposed Marathi GEC Sun Marathi in the wake of the slowdown in the economy, the Television Post reported. The channel was anticipated to launch by end of 2019.

SOUTHEAST ASIA

* Malaysian telco edotco Group Sdn. Bhd. partnered with Luxembourg-headquartered Intelsat SA to advance connectivity capabilities of edotco's network across South Asia and Southeast Asia, Utusan reported. The collaboration will enhance edotco's monitoring in remote areas.

* PT Telekomunikasi Indonesia Tbk is in talks to reopen Netflix Inc.'s access for its internet subscribers, Kontan reported. The telco previously blocked its users from accessing Netflix's content.

* Thai-telco True Corp. said it is partnering with the Ministry of Foreign Affairs to provide 8,000 TrueMove H SIM cards, and on-demand fiber internet and Wi-Fi from True Online, to foreign diplomats and other personnel visiting Thailand during the ASEAN summit this year, Siamrath reported.

AUSTRALIA AND NEW ZEALAND

* Nine Entertainment Co. CFO Greg Barnes is leaving the Australian media company at the end of August after it reports its fiscal 2019 results. Barnes joined Nine in July 2016. Nine is expected to announce Barnes' successor soon.

FEATURED NEWS

Trump's chances of ending China's coveted developing nation status 'virtually nil': The U.S. has accused China of abusing its developing country status at the World Trade Organization, but reform of the system is unlikely without the cooperation of China's other trading partners.

FEATURED RESEARCH

Technology: Q2’19 Apple review: Mac, wearables provide a modest revenue boost for Apple: Apple Inc.'s diverse product array helped offset another decline in iPhone shipments.

RECENT EARNINGS

Tencent Q2'19 revenue bolstered by gaming segment recovery: The Chinese internet company reported a 21% year-over-year growth in revenue in the June quarter, with CEO Pony Ma saying the company is "quite happy" with how its smartphone games segment has recovered from a tightening of local regulations.

Joji Sakurai, Hyegyu Park, Frances Wang, Kevin Osmond and Patrick Tibke contributed to this report. The Daily Dose has an editorial deadline of 7 a.m. Hong Kong time. Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.