Alipay, the e-payment affiliate of the Alibaba Group, is setting up a 40 million yuan ($6.5 million) online payment security fund.
 
The fund will be used to support research into online payment security issues and aid companies that develop security software.
 
Alizila, the e-commerce n

Eden Estopace
Thailand is in the process of switching from analog to digital television broadcasting services.
 
The National Broadcasting and Telecommunications Commission (NBTC) has fixed a date of 1 to 24 April 2014 for trial broadcast by digital television operators granted licenses to operate 24 commercial channels.
 
A full launch broadcast is sch

eGov Innovation editors
Huawei appoints senior executives
Huawei has reshuffled its top management team as the company further strengthens its marketing, carrier, enterprise and product groups.
ZTE estimates that its first quarter profit doubled or even tripled, as the vendor made progress with its strategic refocus.
 
The company said it expects to report a net profit for the quarter of between 425 million yuan and 637 million yuan ($68.4 million - $102

Dylan Bushell-Embling
BT and Microsoft have signed a global agreement to provide customers with more secure connectivity to Microsoft’s public cloud platform through the Microsoft Azure ExpressRoute.
 
Azure ExpressRoute allows customers to bypass the public internet when connecting to Azure through a private connection based on BT’s IP Connect VPN service.
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Enterprise Innovation editors
Enterprises will spend more than $235 billion on cloud architecture and services by 2017—a 35% increase from the $174 billion projected to be spent this year, and triple the $78 billion from 2011, according to a new report from IHS Technology.
 
This year alone, cloud spending is pegged to rise 20% from $145 billion last year.

CFO Innovation Asia staff
An ambitious hi-tech zone in Western China is striving to become the country's Silicon Valley, a place for innovation that will drive not only the high-tech industry but also the economy as a whole.
 
"Twenty years ago, when China just raised the Torch Program and set up the first national hi-tech zones, learning from Silicon Valley seemed like an illusion.

eGov Innovation editors
Alcatel-Lucent’s managed services division was on a path to losing €130 million in 2012. Gary Nugent, who took over as VP of the group that year, put the unit in intensive care to clean it up and figure out what to do.

Joseph Waring

Softbank is considering making a major acquisition in Europe if it fails to convince US lawmakers to allow it to merge its US subsidiary Sprint Nextel with T-Mobile USA, according to reports.

Dylan Bushell-Embling

The global broadband subscriber base grew by 40 million to 678.6 million in 2013, according to the latest figures from the Broadband Forum.

While copper-based technologies continue to dominate broadband connections, fiber-based connections including FTTx and VDSL are the fastest growing, according to data compiled by Point Topic.

Dylan Bushell-Embling