Monthly Archives: February 2019

Alipay updates anti-fraud functionsscans a quick response

Alipay, the country’s top mobile payment platform, announced on Tuesday a major anti-fraud u

pgrade on its application by teaming up with 26 public security departments nationwide.

The new function, dubbed “Security Guard”, allows users to set up related accounts among f

amily members or close friends. Should any abnormalities on transactions occur, the system would send

out alerts to all related accounts in order to prevent the fraud from materializing and minimize loss of funds.

“Security is the lifeline of Alipay, and we hope to fight fraud in a manner as harsh as dru

nk driving,” said Rui Xiongwen, vice-president of Ant Financial, Alipay’s parent company.

Alipay users can choose to delay payment for two hours or 24 hours and raise an alert

on the platform if they deem such transactions potentially misdirected or fraudulent.

The system has been linked to local public security authorities to help freeze any transaction

s in doubt. The money will be credited back to the user’s account if authorities determine fraud has been committed.

A number of local anti-fraud centers in cities like Beijing, Shanghai and Shenzhe

n also pledged to cooperate with Alipay on financial security education and anti-fraud alarming systems.

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driven breakthroughs. Although among the two, the Huawei

Mate X is more practical than Galaxy Fold because the latter is folded inward to lower the risk of br

eaking apart while falling down, which is not so useful when breaking-glass insurance is popular.

More importantly, the “new” foldable smartphones are hardly of any pr

actical use. Of course, one can easily double the display of the foldable smartphone by un

folding it so it has the size of an iPad, but that’s all. In plain words, the foldable display enables users to combine a tablet an

d a smartphone into one. There might be more uses in the future, but at least not for now.

When touchable displays for smartphones was invented, they did not get popularized until certain apps that suit

ed touchable displays only, such as Fruit Ninjia, gained popularity. Now foldable smartphones faces a similar pr

oblem. Only when apps that suit the foldable smartphones are developed will the phones be truly accepted by the market.

Wu Shuyuan, a senior analyst at Sigmaintell, a company specialized in display analysis

Samsung Fold and Huawei Mate X are both foldable smartphones, but they differ greatly in terms of des

ign. The former is folded inward while the latter is folded outward, and each has its advantages and disadvantages.

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State Councilor Wang Yi said Sino-US trade negotiations

have once again made concrete progress and provided positive pro

spects for bilateral relations and the global economy. Wang, also minister of foreign affa

irs, made the remark at an event on Monday, according to a statement issued by the ministry.

Yao Yang, dean of the National School of Development at Peking University, said, “It is encouraging that both sides have begu

n to work on the text of an agreement, which indicates a speeding up toward sealing a trade deal.”

“The progress also showed that effective economic diplomatic meas

ures can help resolve cumbersome issues and reduce confrontation between two nations,” Yao said.

After tit-for-tat exchanges of hefty import tariffs, President Xi Jinping and hi

s US counterpart, Donald Trump, agreed in December to halt new tariffs for 90 days to a

llow for talks. Since then, negotiations have been conducted on a wide array of topics.

Early Sunday afternoon in Washington, Trump tweeted that he “will be delaying” the incr

ease of tariffs on Chinese imports scheduled for March 1, due to “very productive” trade talks between the two countries.

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Rudolph, Tina Fey and Amy Poehler introduced Sunday’s

  telecast, following Queen and Adam Lambert’s opening performance of “We Will Rock You” and “We Are the Cham

pions.” The “Saturday Night Live” alums riffed off the messy build-up to this year’s awards.

  An abundance of drama surrounded the build-up to this year’s Osca

rs, even before getting around to the nailbiting best-picture finish.

  The contenders reflected the gamut of an evolving movie industry, with “Roma” representing Netflix’s arrival in mo

vies, after the streaming service’s model-bending impact on the TV business.

  On the flip side, “Black Panther” embodied the blockbusters upon which the studios have come to rely, and the th

ird-highest-grossing US release of all time at $700 million, nearly doubling that total worldwide.

  A number of individual nominees registered breakthroughs for women and people of color, only

a few years after lack of diversity among the acting categories birthed the #OscarsSoWhite hashtag.

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The Academy of Motion Picture Arts and Sciences endu

  red a series of missteps leading up to the telecast, beginning with the proposal to introduce a “popular film” category. That id

ea was quickly scuttled, as was a subsequent plan to move four awards into the commercial breaks to help st

reamline the ceremony, which prompted a rebellion from Academy members.

  In between, Kevin Hart was chosen to host the awards, before the resurfacing of homophobic socia

l-media posts prompted the comic to withdraw. After a period of confusion, it was finally co

nfirmed the awards would be mounted without a host, the first time that’s happened in 30 years.

  Much of the tumult surrounding the 91st annual Oscars can be traced back to la

st year’s awards — and more specifically, a precipitous ratings decline, fall

ing to an all-time low. Shortening the ceremony to three hours, or close to it, has been among the solutions that host net

work ABC has advocated as a means of stopping the bleeding from a Nielsen standpoint.

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Controversial Serena Williams cartoon ruled not to have br

  A widely criticized Australian newspaper cartoon showing tennis legen

d Serena Williams jumping up and down next to a broken racket and a pa

cifier which she had spat out was not racist, according to the country’s media watchdog.

  The Australian Press Council ruled that the drawing, published by Murdoch group newspaper the Hera

ld Sun, did not breach Australia’s press standards and instead was capturing Williams’ “on-co

urt tantrum” at the 2018 US Open final “using satire, caricature, exaggeration and humor.”

  The cartoon was published shortly after the bad-tempered final, in which Wi

lliams had a dispute with the umpire over his allegedly sexist treatment. The pr

ess watchdog received a number of complaints about the image, which drew international condemnation.

  The press council said the newspaper “was depicting the moment when, in a high

ly animated tantrum, Ms Williams smashed a racquet and loudly abused the ch

air umpire, calling him a thief, a liar and threatening that he would never umpire her matches again.

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multi-level banking system with wide coverage and div

  erse expertise should be established, while personalized and differentiated financial products that suit market demand should be developed, he said.

  The number of small and medium-sized financial institutions as well as their proportion o

f businesses should be increased, while financial services to the small and micro firms as well as agr

iculture, rural areas and rural people should be improved, Xi said.Xi stressed the need to establish a standard, tra

nsparent, open, dynamic and resilient capital market that has sound fundamental institutional arrangements, pr

oper management on market access and exit and tightened full-process supervision on transactions.

  He said that financial services conducive to the development of industr

ial, market, regional and green development systems of a modernized economy shall be provided.

  An all-around and multi-level financial service system including ve

nture capitals, bank loans and bond and stock markets shall be put in place, he said.

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DPRK leader leaves Pyongyang for Hanoi for second DPRK

PYONGYANG — Kim Jong-un, top leader of the Democratic People’s Republic of Korea (DPRK), left here Saturday afternoon by train f

or Vietnamese capital Hanoi for the second DPRK-US summit, the official Korean Central News Agency (KCNA) reported Sunday.

Kim will meet with US President Donald Trump there on Feb 27-28. Their first meetin

g was held in June 2018 in Singapore, which resulted in improved bilateral relations.

Kim will pay an official visit to Vietnam at the invitation of Vietnamese President Nguyen Phu Trong before his meeting with Trump.

Kim was accompanied by Kim Yong-chol, Ri Su-yong, Kim Phyong-hae and O Su-yong, members of th

e Political Bureau and vice-chairmen of the Central Committee of the Workers’ Party of K

orea (WPK), Ri Yong-ho, member of the Political Bureau of the WPK Central Com

mittee and foreign minister, No Kwang-chol, alternate member of the Po

litical Bureau of the WPK Central Committee and minister of the People’s Armed Forces, among others, said the KCNA.

Kim was seen off at Pyongyang Railway Station by Kim Yong-nam, Choe Ryong-hae and Pak Pong-ju, members of the Presidium of the Political Bureau of the Cen

tral Committee of the WPK, and other senior officials of the party, government and armed forces, said the KCNA.

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Flight inspections at new Beijing airport complete ddays early

  Beijing’s new international airport finished its flight inspections on Sunday, 19 days ahead of schedule, according to the civil aviation authority.

  At 10:20 am, an aircraft taking off from Beijing Capital Internation

al Airport in the northeastern part of the city landed smoothly on the northern run

way at Beijing Daxing International Airport. The Civil Aviation Administration’s North China Regional Bu

reau called the event a “successful completion” in a news release, referring to its series of flight inspections.

  The inspections, which lasted for 34 days, started on Jan 22 and were suppo

sed last until March 15 to cover the airport’s four runways, six landing systems, lighting facilities and other services.

  Flight inspections, which all airports must undergo before opening, are designed to ensure the airport’s flight pro

cedures and aviation navigational aids will be ready for operation, according to the news release.

  Daxing airport is scheduled to be completed by June 30 and enter commercial operation before Sept 30.

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In their article, the Conservative ministers warned that econom

  national security, and peace in Northern Ireland would be compromised in the case of a no-d

eal Brexit, and added the scenario would risk inflaming the nationalist sentiment in Scotland.

  ”Far from Brexit resulting in a newly independent United Kingdom, stepping boldly into t

he wider world, crashing out on March 29 would see us poorer, less secure and potentially splitting up,” they write.

  Rudd, Clark and Gauke also cautioned members of the European Research Gro

up (ERG), a Parliamentary alliance whose members advocate for a no-deal Brexit and have previously voted do

wn May’s deal, that their lack of cooperation would be responsible for a postponement in the Brexit process.

  ”It is time that many of our Conservative parliamentary colleagues in the ERG recognized that Parliament will stop a disastrous No Deal Brexit on Mar

ch 29. If that happens, they will have no one to blame but themselves for delaying Brexit,” they wrote.

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