Alibaba Group is continuing its push into brick and mortal retail and is acquiring a controlling stake in China’s largest …
News, Software
Alibaba injects major funding into world’s most valuable AI firm
China’s SenseTime Group has reportedly raised $600 million from Alibaba Group Holding Ltd. and other investors at a valuation of more than $3 billion, becoming the world’s most valuable artificial intelligence startup. 0 2177
Citic, Baidu unveil direct bank driving Chinese fintech
China’s Citic Bank and search engine firm Baidu have come together to launch a direct banking joint venture called AiBank, …
Dragonfly, DECENT to bring blockchain to users
Gaming giant, Dragonfly and DECENT, developer of a proprietary blockchain technology called DCore, have come together to bring blockchain to …
Mozilla drops Yahoo, makes Google the default browser
Alphabet’s Google has reclaimed the spot as the default search engine on Mozilla’s Firefox Internet browser in the US and other regions.
Amazon cloud assets to be sold to Chinese partner Beijing Sinnet
Amazon cloud assets will be sold to the firm’s Chinese partner Beijing Sinnet, according to recent reports. Amazon has issued …
Gartner: Q2 server growth jumps 2.8%, Huawei 58%
Worldwide server revenue increased 2.8 percent year over year in the second quarter of 2017, while shipments grew 2.4 percent …
Facebook seeks China opportunity with secretly launched app
The photo-sharing app, called Colorful Balloons, was released in May to reportedly help Facebook enter a market that it’s been blocked since 2009.
UAE among world’s ‘stand out’ digital nations: WEF
The United Arab Emirates has been classified as a ‘stand out’ country in the World Economic Forum’s (WEF) Digital Evolution Index (DEI) for 2017.
Huawei CBG reports $15.6B revenue growth in H1 2017
Huawei Consumer Business Group has announced its 2017 first half year financial results showing sales revenue for the first six months of 2017 increased by 36.2 percent year-on-year to $15.6 billion (CNY105.4 billion).
Apple builds China data centre to comply with cybersecurity law
Apple is reportedly setting up its first data centre in China, in partnership with a local Internet services company.