Alibaba executive chairman Jack Ma has become China’s richest man with an estimated fortune of $25 billion. According to Hurun Reports of China’s super-rich for this year, Ma has relegated to second place Wanda property group chief Wang Jianlin, whose fortune is estimated at $24.2 billion.
The Swiss Federal Institute of Technology’s Africa Initiative is working to create the world’s first commercial cargo drone route. The route, scheduled to be in operation in 2016, will run 80 kilometers and connect a number of towns and villages with vital supplies, such as blood, before being upgraded to carry bigger payloads and cover longer distances.
Facebook is getting ready to launch a revised version of the ad platform, Atlas Advertiser Suite, which will help marketers understand and target their audience more effectively. Atlas will collect information not just from Facebook, but also from third-parties that place ads with the social media giant.
Gabriel Weinberg, CEO and founder of privacy-oriented search engine DuckDuckGo has confirmed that the service is now blocked in China. DuckDuckGo was inaccessible in China earlier in the summer, but it is unclear when the full blockage started.
Apple’s problem, says mobile strategist Curtis Prins, is that it makes cool products for rich kids – a market that is heavily saturated. And while China remains a good market for Apple products, the company has ceded 30% of its China market share to Huawai and Xiaomi, which target the larger numbers of Chinese who cannot afford to buy Apple products.
Microsoft’s former chief software architect, Ray Ozzie, hopes his new mobile app, Talko, will help bring the inflections and closeness of the human voice to the iPhone and Android platforms. Talko sends spoken words instead of text messages and allows users to record a message and recipients to listen to it at their leisure.