Alibaba abandons Cainiao IPO plans, offers $3.75 billion to buy remaining stake
Alibaba Group, in a surprising move, has decided to shelve the initial public offering (IPO) plans for its logistics arm, Cainiao, and instead is offering [more…]
Category: China
Vietnam targets semiconductor growth with Lam Research partnership
In a strategic move to bolster its semiconductor industry, Vietnam has welcomed Lam Research, a U.S. chip equipment maker, with open arms. The company’s Group [more…]
Hong Kong’s ambitions soar with major investments towards global tech hub status
In a significant boost to Hong Kong’s aspirations as a global technology and research hub, two major announcements have ignited fresh optimism. Hong Kong and [more…]
U.S. chip giants take a back seat at this year’s Semicon China
As the ongoing tech war between China and the United States intensifies, this year’s Semicon China, one of the semiconductor industry’s largest events, is showcasing [more…]
EHang’s EH216-S electric flying taxi now available on Alibaba’s Taobao marketplace
EHang, the pioneering Chinese flying taxi manufacturer, is making waves in the aviation market with its latest offering, the EH216-S electric vertical take-off and landing [more…]
Apple settles class-action lawsuit for $490 million over iPhone demand disclosure
Apple, the tech giant known for its innovative products and loyal customer base, has found itself in the midst of a legal battle that has [more…]
The U.S. House of Representatives greenlights plan to kick TikTok out of the U.S.
In a move that shocked precisely no one, the House of Representatives voted overwhelmingly to kick TikTok, the popular social video app, to the curb [more…]
Flying taxis soar closer to reality in U.A.E., Archer Aviation and Falcon Aviation set to transform skyline
In a move set to revolutionize travel between Dubai and Abu Dhabi, Archer Aviation and Falcon Aviation have joined forces to develop cutting-edge vertiport infrastructure [more…]
Lenovo drives A.I. innovation in Hong Kong with bold strategies and investments
Lenovo, known for its cutting-edge technology, is diving headfirst into the world of artificial intelligence (AI) in Hong Kong. According to a recent survey by [more…]
Alibaba’s new A.I. tools revolutionize marketing for merchants on Taobao and Tmall
Alibaba Group, the Chinese e-commerce giant, is pushing the boundaries of AI technology with the introduction of new generative AI tools for merchants on its [more…]