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It's not the technology

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MessagePosté le: Lun 9 Juil - 07:51 (2018)    Sujet du message: It's not the technology Répondre en citant

(Source: CGTN)

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ANKARA, Sept. 14 (Xinhua) -- Turkish Prime Minister Binali Yildirim met his Kuwaiti counterpart in the capital Ankara on Thursday, discussing on the further bilateral cooperation and joint efforts to solve the ongoing Gulf crisis.

Yildirim and Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah held one-on-one meeting which was followed by delegation-level talks.

During the meeting, both premiers expressed their satisfaction in the level of cooperation they have reached in the fields of economy and investment and vowed to further boost it, said a joint statement issued later.

They also expressed their concerns over the ongoing crisis among Gulf countries, with Turkey offering its full support to the mediation efforts carried out by Kuwait to resolve the crisis.

The two countries signed six agreements on security Cheap Womens Nike Cortez Classic Nylon Pink Shoes , civil aviation, communication, youth, economy and finance late Thursday.

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Ant Financial Services Group, Alibaba Group Holding's finance affiliate Cheap Nike Cortez Classic Nylon Purple Shoes , plans to adopt a partnership structure in an attempt to enable top management to maintain control of its board after an IPO, Bloomberg reported on Tuesday.

Unnamed sources familiar with the matter were quoted by the report as saying that Ant Financial's partners will nominate a majority of directors similar to how its parent company Alibaba did before it got listed on the New York bourse in 2014.

Among Alibaba's current 30 partners, seven of them have executive posts at Ant Financial, according to Bloomberg.

A PR representative with Ant Financial refused to comment on this when contacted by the Global Times late Tuesday, instead said that they have no specific plan for an IPO yet.

Ant Financial, which operates China's biggest third-party online payment tool Alipay, was valued at over $56.5 billion by Bloomberg analysts' estimates.

According to a report released by Beijing-based market research consultancy iResearch on March 5 Cheap Mens Nike NSW Cortez Flyknit Black Gold Shoes , Alipay led China's online payment market by transaction in 2014, with a 49.6 percent share. The report also revealed that the transaction volumes of China's online payments reached over 8 trillion yuan ($1.28 trillion) in 2014, up 50.3 percent year-on-year.

Chinese Internet finance, including online payment, is a promising market, but has raised consumers' concern over its safety due to a lack of sufficient regulations, said analysts.

Pan Gongsheng Cheap Nike Air Vapormax Flyknit 2018 Blue Black , deputy governor of People's Bank of China, the central bank, said during the annual sessions of the national legislative and consultative bodies that regulations and rules for Internet finance are expected to come out in the first half of this year.

Also, on the weekend, Jack Ma Yun, founder of Alibaba, gave a glimpse of the future when he demonstrated a new e-payment system using facial recognition at the CeBIT IT fair in Germany.

Criss-crossing the stage in the style of a Silicon Valley pioneer late Sunday Cheap NikeLab Air VaporMax Flyknit Betrue 2017 Blue , Ma showed off the technology that uses facial recognition from a smartphone camera selfie as a digital signature, saying he had just used it to send a gift to the mayor of the event's host city of Hanover.

Ma, a former English teacher, is known for thinking big, and at the CeBIT, which kicked off on Sunday, he was the keynote speaker Cheap Nike Air Vapormax Flyknit 2018 Grey , addressing an audience that included German Chancellor Angela Merkel.

Like many other companies from the event's official partner country China, Alibaba - flush with cash from a massive stock listing - is looking beyond the borders of its huge domestic market.

Ma enthused that, while the industrial revolution freed workers from hard labor, the digital ""revolution... liberates the strength of the human brain.""

""It's not the technology that can change the world, it's the dreams behind the technology that change the world,"" the 50-year-old told the audience, noting that his dream was to help small enterprises sell on a global market.

Some observers think Alibaba could one day rival the US online giants eBay and Amazon Cheap Women's Nike Air Vapormax 2018 Pink , or just buy them.

""Many people think that's a road that they may pursue, since it would be so expensive to build their own brand (in the US),"" said Zia Daniell Wigder, vice-president of Forrester Research.

""Simply making a name for yourself in a market where the leaders have been established for a long time is going to be difficult,"" he said.

The Chinese giant has already launched an online auction site in the US, called 11main, challenged Amazon in the field of cloud computing with a service called Aliyun Cheap Men's Nike Air Vapormax 2018 Royal Blue , and invested $200 million (188 million euros) in Snapchat, a photo-sharing application.

In September 2014, the Hangzhou-based group raised $25 billion on the New York stock market, although the share price has since fallen below the listing price.

The volume of annual trade carried on its Taobao and Tmall platforms, still mostly within China, exceeds that of eBay and Amazon combined.

But Alibaba still faces other challenges - it has been accused.

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