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Glimmer of hope from second-hand market as gentle growth registered

Geely plans to invest more in research and development in the future. [Photo by Zhen Huai/For China Daily]

Global patent filings for the technologies, which involve smart, connected objects and span the internet of things, big data, 5G, and artificial intelligence, grew at an average annual rate of almost 20 percent - nearly five times faster than the average for all technology fields, between 2010 and 2018.

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George Osborne, the former UK chancellor and a champion of the Northern Powerhouse, identified China as the largest potential source of foreign investment for northern projects. Meanwhile China has viewed the UK as its strongest Belt and Road ally in the West since it joined the Asian Infrastructure Investment Bank two years ago.

GeekWire broke the news of Amazon acquisition agreement with Ring this week.?The companies haven’t disclosed financial terms, but at a reported valuation of .1 billion, it would be the second-largest acquisition in Amazon’s history, behind only last year’s purchase of Whole Foods Market for .7 billion.

GeekWire: Some people in the industry were surprised by this, that Microsoft won this contract. Should they have been surprised?

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Give the memo a read and let me know your thoughts in the comments below: What am I missing? What else would you ask? Which topics are you not interested in? And what else do you want to know?

Given the rapid development of financial technology in China, regulators are facing mounting challenges, ranging from illegal online fundraising to financial fraud; from money laundering to leaks of personal data.

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Gas stations run by China National Petroleum Corp in several cities could not carry out card and mobile payment transactions on Saturday because the computers were affected by the ransomware, the company said. Schools in China also were hit hard over the weekend.

Germany was confirmed as one of the 12 guests of honor of the expo in July.