Business, Internet

Ant Financial Appoints New CEO

Alibaba's financial subsidiary Ant Financial announced during its two-year anniversary conference that Ant Financial's president Jing Xiandong will officially replace …
Gadgets & Electronics, Internet

Foxconn Acquires 29.4% Stake In Austrian IT Group

Austrian information technology group S&T announced that they have gained an investment of EUR152.83 million, which is about USD168.3 million, …
Gadgets & Electronics, Software

Beijing Robotics Startup Gains US$6 Million Investment

The maker of an all-terrain robot that mimics the movements of a spider has closed a US$6 million series A …
Gadgets & Electronics, Internet

China's Richest Man Bets On IoT

First he built a real estate empire, then he crafted an entertainment business, then he dove into banking, and now …

Google, Facebook Team With Chinese Enterprise To Build Trans-Pacific Fiber Optic Cable

Google and Facebook are blocked in China, but that hasn't stopped the American companies from partnering with Chinese companies to …
Business, Internet

No Holiday For As It Buys Qunar's Vacation Assets and affiliate are dumping their vacation rental business, and is swooping in to acquire those assets.
Business, Internet, Software

Tencent Finishes Finding Funds For Finland's Supercell

Supercell, the Finnish maker of games such as Hay Day, Clash of Clans, Boom Beach and Clash Royale, looks ready …
Gadgets & Electronics, Telecom & Wireless

TSMC Net Profit Up 28.4% In Q3 2016

Taiwanese semiconductor company TSMC says it realized combined operating revenue of about NTD260.41 billion as it announced its financial report …
Business, Software

More Automation As Foxconn's Subsidiary Builds Logistics JV

Foxconn Group's Jusda and South Korea's SK Holdings C&C signed a strategic cooperation agreement to set up a supply chain …

MediaTek To Triple Indian Employees Over Three Years

Taiwan-based semiconductor firm MediaTek announced that the company plans to triple the number of its Indian employees from the current …
Telecom & Wireless

Huawei To Build Innovation Center In Nigeria

Chinese telecommunications device maker Huawei will build an innovation experience center in Lagos, Nigeria.
Gadgets & Electronics

SoftBank's Robot Comes Bundled Within Alibaba's Chinese Operating System

Japan's SoftBank Group earlier this year introduced its robot Pepper, and now the robot is aimed for sales in China …
Gadgets & Electronics, Telecom & Wireless

Vivo Becomes Exclusive Smartphone Partner For NBA In China

Chinese smartphone brand Vivo and NBA formally announced that the two parties have reached a multi-year strategic cooperation for Vivo …
Gadgets & Electronics, Software

No More Humans: Foxconn Deploys 40,000 Robots In China

Foxconn has deployed 40,000 robots in its factories in mainland China as it aims to reduce the number of workers …
Telecom & Wireless

NetQin Appoints Two New Directors

Chinese mobile Internet services provider NetQin announced appointments of Guo Lingyun and Zhu Yan as directors of the company.
Business, Software

Blackstone To Sell Chinese IT Outsourcing Company For USD675 Million

Private equity company Blackstone Group has agreed to sell Pactera to a technology company under HNA Group for USD675 million.
Business, Internet

Online Learning Gains Cash Infusion From GSR Ventures In China

Xuele, a K-12 online education platform in China, has closed its series C financing round.

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