Tech Giants

Speeding Realization of AI Forms Baidu President Lu Qi’s Crowning Achievement in First 100 Days

Speeding Realization of AI Forms Baidu President Lu Qi’s Crowning Achievement in First 100 Days

How has Lu Qi, the new president of Baidu Inc. [NASDAQ:BIDU], advanced Baidu’s artificial intelligence (AI) after his 100-day tenure? Lu…

May 18, 2017
Liu Jia Wei Yukun
Tencent's Revenue Surges 55% Annually in First Quarter as WeChat Users Hit New High

Tencent's Revenue Surges 55% Annually in First Quarter as WeChat Users Hit New High

Users of WeChat, Tencent Holdings Ltd.’s [HKG:0700] social networking service, are growing steadily, Tencent’s first-quarter results show. Global monthly active…

May 18, 2017
Wang Siqi
Sina, Weibo Shares Soar on Better-Than-Expected Earnings

Sina, Weibo Shares Soar on Better-Than-Expected Earnings

Share prices at Sina Corp. [NASDAQ:SINA] and Weibo Corp. [NASDAQ:WB] shot up yesterday after earnings beat market expectations.

May 18, 2017
Yicai Global
Tencent's Revenue Surges 55% Annually in First Quarter as WeChat Users Hit New High

Tencent's Revenue Surges 55% Annually in First Quarter as WeChat Users Hit New High

Users of WeChat, Tencent Holdings Ltd.’s [HKG:0700] social networking service, are growing steadily, Tencent’s first-quarter results show. Global monthly active…

May 18, 2017
Wang Siqi
China Railway Corp. Unveils In-Depth Cooperation Plans With Alibaba Group

China Railway Corp. Unveils In-Depth Cooperation Plans With Alibaba Group

China Railway Corp. (CRC), China’s state-owned railway operation giant, plans to initiate an in-depth cooperation with Alibaba Group in the field of its composite-ownership system (COS) reform.

May 18, 2017
Yicai Global
Firms Fight Over Copyrights, Injures One

Firms Fight Over Copyrights, Injures One

An employee from Chinese video streaming behemoth Youku Tudou Inc. [NYSE:YOKU] injured a Tencent Holdings Ltd. [HKG:0700] staff member at…

May 17, 2017
He Tianjiao
NetEase Yanxuan Teams Up With Jiangsu to Help Taiwanese Firms Shift to E-Commerce

NetEase Yanxuan Teams Up With Jiangsu to Help Taiwanese Firms Shift to E-Commerce

Major Chinese internet player NetEase Yanxuan has inked an agreement with local governments to help Taiwan businesses sell online.

May 17, 2017
Xu Huiyun
Huawei Executives Tie Use of Different Flash Memory Products in P10 Handsets to Supply Shortage

Huawei Executives Tie Use of Different Flash Memory Products in P10 Handsets to Supply Shortage

The recent controversy about smartphone maker Huawei Technologies Co’s newly-launched P10 smart phones allegedly use different kinds of flash memory…

May 17, 2017
Li Na
China Telecom, Alibaba China Ink Comprehensive Strategic Partnership Agreement

China Telecom, Alibaba China Ink Comprehensive Strategic Partnership Agreement

China Telecommunications Corp. and Alibaba (China) Co., a subsidiary of internet leviathan Alibaba Group Holding Ltd. [NYSE:BABA], agreed to establish…

May 14, 2017
Youku, Tencent Employees Clash in Public, Injuring One; Copyright Competition a Possible Cause

Youku, Tencent Employees Clash in Public, Injuring One; Copyright Competition a Possible Cause

Youku and Tencent Video, China's two big video sites, recently clashed at a public event staffers from both attended and a war of words and scuffle ensued.

May 13, 2017
He Tianjiao
Tencent Will Up Its Investment in US Game Maker Pocket Gems by USD90 Million

Tencent Will Up Its Investment in US Game Maker Pocket Gems by USD90 Million

Tencent Holdings Ltd. [HKG:0700] has invested an additional USD90 million in US game developer Pocket Gems, raising its stake to 38 percent.

May 13, 2017
Yicai Global
LeSports Plans to Cut More Than Half of Its Staff

LeSports Plans to Cut More Than Half of Its Staff

Leshi Holding (Beijing) Co.’s subsidiary LeTV Sports Culture Develop (Beijing) Co. (LeSports) is preparing a round of layoffs, and over half of…

May 12, 2017
Yicai Global

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