CORAL SPRINGS, Florida, January 20, 2016 /PRNewswire/ --
In just the recent few years, Internet technology, social media platforms, digital and gaming developers that most may not be aware of have arrived in the industry claiming their stake in the global market while rapidly growing in popularity within the investment community. Leading technology & social platform operators in focus are Moxian, Inc. (OTCBB: MOXC), Facebook Inc. (NASDAQ: FB), Baidu, Inc. (NASDAQ: BIDU), Alibaba Group Holding Limited (NYSE: BABA) and Zynga, Inc. (NASDAQ: ZNGA).
Moxian, Inc. (OTCQB: MOXC) today announces that its subsidiary, Moxian Technologies (Beijing) Co. Ltd., was selected by Xinhua New Media Culture Communication Co. Ltd. as the exclusive reseller of its advertising space in the gaming industry and its partner in development of the gaming platform in the Xinhua New Media App. Per the five-year cooperation agreement, Moxian will enjoy all rights within the scope of authorization and cooperation. In the efforts of promoting Online-to-Mobile (O2M), the Xinhua New Media App will integrate the MO-Coin and MO-Point ('Moxian Virtual Currency') system whereby users of the application will be rewarded with Moxian Virtual Currency when clicking on any advertisements.
Read the full Moxian (MOXC) Press Release at http://www.financialnewsmedia.com/profiles/moxc.html
The Xinhua New Media App has more than 110 million users with 10 million daily active users. As an exclusive Xinhua New Media gaming partner, Moxian will leverage the opportunity to promote its games on the platform, which will register and is able to port active Xinhua New Media users onto the Moxian platform. The agreement opens for Moxian a new source of revenue, as well as simultaneously enhances the company's relationship with Xinhua News Agency. In addition, this cooperation will boost Moxian's visibility in the market space; through the game platform collaboration, Moxian will garner more users.
In other Global technology, gaming, social platform operations and developments of note: In a recent Motley Fool article, Facebook's (NASDAQ: FB) WhatsApp messaging platform, which it paid handsomely for, has announced that it is eliminating all subscription fees and making the service free. The company says that it wants to make WhatsApp more useful, and remove any anxiety that the service will become inaccessible if users don't pay the fee. Many WhatsApp users are located in emerging markets and do not have a debit or credit card to charge. WhatsApp also reiterated that it has no intention to introduce third-party ads as an alternative way to monetize the service. Instead, it is testing out a new way for users to interact with businesses (the businesses would have to pay instead of the consumer).
Baidu Research, a division of Baidu, Inc. (NASDAQ: BIDU), last month unveiled new research results from its Silicon Valley AI Lab (SVAIL). Results include the ability to accurately recognize both English and Mandarin with a single learning algorithm. The results are detailed in a paper posted on ArXiv.org: Deep Speech 2: End-to-End Speech Recognition in English and Mandarin. SVAIL's Deep Speech system, announced last year, initially focused on improving English speech recognition accuracy in noisy environments (for example, restaurants, cars and public transportation).
Alibaba Group Holding Limited (NYSE: BABA) announced that it will report its unaudited financial results for the quarter ended December 31, 2015 before the U.S. market opens on Thursday, January 28, 2016, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Hong Kong Time) the same day. Details of the conference call are as follows: International: +65 6713 5090 , U.S.: +1 845 675 0437, U.K.: +44 203 621 4779, Hong Kong: +852 3018 6771, China: 400 620 8038 or 800 819 0121 , Conference ID: 24260474
Rubicon Project, which operates one of the largest advertising marketplaces in the world, and Zynga (NASDAQ: ZNGA), a leading social game developer, recently announced that for the first time ever marketers will be able to access Zynga's premium guaranteed and reserved inventory via programmatic buying. The relationship marks a first for Zynga as it makes its most premium guaranteed inventory, which was previously only available via manual sales channels, available to programmatic buyers globally through Rubicon Project's industry leading Guaranteed Orders marketplace. The inventory includes highly sought after ad units that combine unique and compelling creative content, including gamified and native ads with deep first party data insights across the highest value placements including first look, limited interruption and sponsorship placements coveted by buyers.
In other technology company news: China Unicom (Hong Kong) Limited CHU and China Telecom Corp. Ltd. CHA, the second and third largest mobile phone carriers in China respectively, have reportedly entered into an agreement to share their resources for various strategic initiatives. The partnership is being largely seen as a strategic cooperation to challenge the dominance of the much larger China Mobile Limited (NYSE: CHL). Presently, China Mobile enjoys a 63% share of the Chinese mobile market in terms of subscribers, far ahead of the combined 36% market share held by China Unicom and China Telecom.
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