Reuters Technology Report: China's iQiyi looks abroad after hitting 100 million paying subscribers

Click to View in Browser Monday, June 24, 2019 China's iQiyi looks abroad after hitting 100 million paying subscribers iQiyi, China's answer to Netflix, intends to push harder into overseas markets such as North America and Japan after the video-streaming service hit a milestone of 100 million paying subscribers this month, a senior executive said on Monday. Bitcoin tests 15-month highs after 10% weekend jump Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin. Bogus Brexit murder plot and other lies planted online by Russian accounts: study In August 2018, Spanish authorities uncovered a plot by anti-Brexit campaigners to assassinate leading Brexiteer and now favorite to be Britain's next prime minister, Boris Johnson. Or did they? HSBC-backed startup aims to become LinkedIn of global trade In a first of its kind initiative, HSBC Holdings Plc is backing the launch of a technology startup that aims to connect small-and-medium-sized manufacturers with component suppliers in different parts of the world as part of its trade banking push. U.S. explores requiring domestic 5G equipment to be made outside China: WSJ U.S. President Donald Trump is looking to require next-generation 5G cellular equipment used in the United States to be designed and manufactured outside China, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Politicians need to move fast as Facebook & Co move into finance: BIS Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance, though banks won't be squeezed out anytime soon, the Bank for International Settlements (BIS) said on Sunday. India's space startups ignite investor interest From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of space technology startups are mushrooming in India, catching the attention of investors keen to join the space race. Velodyne Lidar hires bankers for an IPO: Business Insider Autonomous vehicle technology company Velodyne Lidar has hired bankers for an initial public offering, Business Insider reported on Saturday, citing sources familiar with the process. India asks scooter, bike makers to draw up plan for EVs: sources India's federal think-tank has asked scooter and motorbike manufacturers to draw up a plan to switch to electric vehicles, days after they publicly opposed the government's proposals saying they would disrupt the sector, two sources told Reuters. U.S. bars China supercomputer firms, institute from buying American parts The U.S. Commerce Department said on Friday it was adding several Chinese companies and a government-owned institute involved in supercomputing with military applications to its national security "entity list" that bars them from buying U.S. parts and components without government approval. Related Video The cash register that can tell a croissant from a donut by sight Is China's electric dream in danger? Mediafile How about Hightail-ing it? On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today A quick-fix on the day's news delivered when you want it. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook