Yu'ebao, a popular online wealth management product, will help boost funds available for China's real economy.
The steady rise of Internet finance is indeed a tough challenge to normal banks, which have enjoyed a monopolistic position and made easy gains from the artificially set interest rate gap.
It is about time for speculators to see through the illusions of bitcoin and refrain from falling into any potential money-making scheme set by others.
Tencent's announcement that it will open up its WeChat brand to business vendors and allow online payment for products and services will intensify the battle with archrival Alibaba.
Regulators need to accelerate their steps to liberalize the banks to make them more conscious of the interest of their individual clients.
Yang Yuanqing, chairman and CEO of world's largest PC maker Lenovo, Sunday urged China's top legislature to draft law on personal information protection in the mobile Internet era.
The success of online wealth management products such as Yu'ebao has pushed Internet financing into the spotlight and it even appeared in the government work report in March this year.
April 8 marked the end of Microsoft's support to Windows XP. After releasing its last two official patches, Microsoft stopped patching security holes in its 12-year-old operating system.
Free e-mail, free games and free access to many online services, when describing the Internet age it is hard to ignore its "for free" aspect.
Explosion of new media platforms like Internet and smartphones, has forced traditional news outlets into a period of painful restructuring.
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