Japan-based telecom giant SoftBank, which is also parent company of Sprint, signed an MoU with Saudi Arabia’s Public Investment Fund
SoftBank Group created its Vision Fund, with the main focus of making global investments in the technology sector. The Japanese group said the fund will...
Chinese market accounted for more than 58% of ZTE total revenue in the period
Chinese vendor ZTE recorded operating revenue of 47.76 billion yuan ($7.17 billion) in the first half of 2016, climbing 4.05% over the same period the previous year.
ZTE reported a domestic operating revenue...
The partnership will extend HTC's VR app store to Alibaba Cloud platform
Alibaba Cloud, the cloud-computing arm of Chinese e-commerce giant Alibaba Group, has signed a strategic partnership with HTC Corporation to explore scalable and price-competitive virtual reality (VR) solutions for customers worldwide.
Under the terms...
Alibaba officials said the RX5 SUVÂ is already available for pre-order
Chinese e-commerce giant Alibaba Group announced the launch of OS'Car, the first mass-produced internet car powered by the company's YunOS smart car operating system.
The new OS’Car RX5 sport utility vehicle was built in partnership with...
SoftBank investment into Sprint 'not producing cash flow at the moment'
Last week Nikesh Arora, a former Google honcho and up until last week the president and COO of SoftBank, made waves when he suddenly resigned his post.
Arora is set to leave those positions on July...
Cloud computing offer targets Japan with branded Alibaba Cloud
SoftBank and Chinese online and mobile commerce company Alibaba Group formed a joint venture dubbed SB Cloud Corporation to provide cloud computing services in Japan. The company said it will use technologies and solutions from Alibaba...
Chinese billionaire Jia Yueting, CEO of LeEco, told CNBC in a recent interview that technology giant Apple is "outdated," amid a government shutdown of Apple's book and movie services.
Yeuting also discussed a new self-driving car project, LeSEE, that's meant to rival Tesla. He explained his...
Yahoo executives are considering a sale of the company's Internet businesses in a series of meetings ongoing this week, according to a The Wall Street Journal report citing sources close to the action.
The report also said Yahoo is mulling "how to make the most...
WASHINGTON – The Trans-Pacific Partnership is a massive free trade agreement among the U.S. and 11 other Pacific Rim nations, including Australia, Japan and Singapore. If ratified, the TPP could create the largest free trade zone in the world. However, concerns ranging from farm subsidies...
Rural penetration goal of China Telecom, Alibaba partnership
Chinese e-commerce giant Alibaba has partnered with compatriot state-run mobile operator China Telecom to boost the adoption of mobile commerce in rural and isolated localities across China.
Under the agreement, Alibaba and China Telecom will offer 14 models of mobile phones, named...
Amazon and Alibaba compete for booming mobile market
WASHINGTON – E-commerce pioneer Amazon.com is lagging behind in the fight to grab market share in China, which, with 1.25 billion mobile phone users and 640 million Internet users, is now the world's largest e-commerce market.
Currently, the...
Amazon will sell directly to Chinese consumers
American e-commerce heavy hitter Amazon on March 8 announced it will open a store on its Chinese competitor Alibaba’s digital shopping platform Tmall.
Tmall, unlike other online market places that mostly facilitate the transaction between consumers and stores, brands,...
As we settle into our post-festive lull, with Christmas and New Year celebrations firmly behind us, maybe we can look to China to lift our spirits a little.
The country is gearing up for its own festivities – with its annual Chinese New Year celebrations...
Alibaba pumps $590M into Chinese smartphone-maker
Alibaba has announced plans to invest $590 million in Meizu, a fast-growing Chinese smartphone-maker, in exchange for an undisclosed minority stake in the company.
Alibaba reportedly plans to integrate its mobile operating system and e-commerce technology into Meizu’s phones, as...
