China’s e-commerce giant Alibaba Group Holding is setting up a US$2 billion joint venture with Kremlin-backed fund, telecom company MegaFon and billionaire Alisher Usmanov’s internet firm Mail.ru Group to expand its e-commerce business in R……

Hong Kong government has significantly increased policy support to start-ups, as the city continues its effort to turn itself into an innovation-led economy. “Hong Kong is serious in promoting its technology innovation,” said Carrie Lam Cheng Yuet-ngor……

Chinese tech giant Tencent Holdings Limited announced yesterday that the company will shut down a popular Texas Hold’Em poker video game in late September, in response to Beijing’s intensifying crackdown on the country’s gaming indust……

US President Donald Trump’s call to migrate Apple’s assembly line back to the States will impact prices of iPhones, with likely increase of up to 20%, according to Bank of America Merrill Lynch. Apple had last week filed an objection to ove……

China’s unmanned submersible Hailong 11000, also known as Sea Dragon 11000, has set a national record by descending 5,630 meters into the sea during a test dive in the northwestern Pacific Ocean, said Ministry of Natural Resources in a statement ……

Andrew Moore, Dean of the School of Computer Science at Carnegie Mellon University (CMU), is set to become the new chief of Google Cloud AI by end of the year after serving four years at the university. As originally planned, Google Cloud’s current lea……

The Chinese Ministry of Public Security has detected over 22,000 cyber criminal cases and arrested over 33,000 suspects in first six months of its drive against online crime. The crack down started in February when the ministry deployed national public……

Chinese investment bank China Renaissance has passed a hearing by the listing authorities in Hong Kong and is moving toward a share debut later this month with an initial public offering size of US$400 million. The latest information came from multiple……

Hong Kong billionaire Li Ka-shing-backed US start-up Driver has launched a paid service to match cancer patients worldwide with suitable treatments offered in the United States, China and Singapore. Driver will provide a list of the latest available ca……

Beijing-based medical cosmetology platform SoYoung today announced that it has raised a US$70 million series E round at unicorn valuation led by private equity firm Orchid Asia Group. The latest round witnessed the participation of new investors BOC In……