Tech Giants

Baidu and TomTom Join in Duet to Draw High-Precision Map for Driverless Autos

Baidu and TomTom Join in Duet to Draw High-Precision Map for Driverless Autos

Dutch car-navigation software maker TomTom NV [TOM2:NA] has signed an agreement with China's Internet behemoth Baidu Inc. [NASDAQ: BIDU] to together…

Jul 6, 2017
Xu Wei
Baidu’s Self-Driving Car Platform Apollo Will Be Open to Developers; Source Codes Uploaded on GitHub

Baidu’s Self-Driving Car Platform Apollo Will Be Open to Developers; Source Codes Uploaded on GitHub

Apollo, a self-driving car platform developed by China’s internet search giant Baidu, Inc., will be made available to developers, and…

Jul 5, 2017
Liao Shumin
Xiaomi Signs Agreement With Nokia to Acquire Patents

Xiaomi Signs Agreement With Nokia to Acquire Patents

Chinese electronics company Xiaomi Inc. and Finnish multinational communications and information technology company Nokia Corporation have signed a business cooperation…

Jul 5, 2017
Yicai Global
Tencent Spinoff Set to Become China’s First Listed Online Publisher Via HK IPO

Tencent Spinoff Set to Become China’s First Listed Online Publisher Via HK IPO

China Reading Ltd., an internet literature publishing subsidiary of Tencent Holdings Ltd. [HK:0700], has submitted a prospectus for an initial…

Jul 5, 2017
Wang Siqi
Baidu Will Acquire Artificial Intelligence Company ‘Kitt.AI’

Baidu Will Acquire Artificial Intelligence Company ‘Kitt.AI’

Baidu will wholly acquire an artificial intelligence (AI) company, Kitt.AI, said Jing Kun, general manager of DuerOS AI platform of…

Jul 5, 2017
Tang Shihua
Hitachi China and Alibaba Cloud Pair to Promote Applied Cloud Computing and AI

Hitachi China and Alibaba Cloud Pair to Promote Applied Cloud Computing and AI

July 5 -- Hitachi China, the China subsidiary of Japan’s Hitachi Ltd. [TYO:6501] and Alibaba Cloud have formed a partnership, the two said yesterday.

Jul 5, 2017
Xu Wei
‘Innovation Is in Samsung’s DNA,’ Firm Says in Response to Reports It’ll Shut 7 Main Chinese Offices

‘Innovation Is in Samsung’s DNA,’ Firm Says in Response to Reports It’ll Shut 7 Main Chinese Offices

Samsung (China) Investment Co. has responded to reports that it will close seven major offices in China.

Jul 5, 2017
Xu Wei
Tencent Responds to Share Price Decline and Criticism of ‘King of Glory’: ‘Game Is Not Disaster’

Tencent Responds to Share Price Decline and Criticism of ‘King of Glory’: ‘Game Is Not Disaster’

Tencent Holdings Ltd. [HKG: 00700] share price plunged over four percent today following an article on people.cn, criticizing the internet…

Jul 4, 2017
Liao Shumin
Global Gigagiants Scramble to Snatch Share of Sought-After AI R&D Market in China

Global Gigagiants Scramble to Snatch Share of Sought-After AI R&D Market in China

International tech heavies are heading out in droves to grab market share in China where artificial intelligence (AI) has become ubiquitous.

Jul 4, 2017
Qian Tongxin
China Becomes Largest eSports Market as Game Developers Rush Into Field

China Becomes Largest eSports Market as Game Developers Rush Into Field

China’s eSports market has become the world’s largest and its growth is accelerating as major game developers rush into…

Jul 4, 2017
He Tianjiao
SF Subsidiary, Cainiao Network End Spat Over Data Sharing

SF Subsidiary, Cainiao Network End Spat Over Data Sharing

Cainiao Network Technology Co., which internet behemoth Alibaba Group Holding Ltd. [NYSE:BABA] has a 51-percent stake in, and Shenzhen Hive…

Jul 4, 2017
Xu Wei
TCL’s Smart TV Arm Secures USD66.3 Million Strategic Investment From Tencent Subsidiary

TCL’s Smart TV Arm Secures USD66.3 Million Strategic Investment From Tencent Subsidiary

A subsidiary of China’s home appliance giant TCL Corp. [SHE:000100] that specializes in producing smart televisions has recently secured a…

Jul 3, 2017
Yicai Global

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