China’s Bytedance seeks to raise $3 billion at up to $75 billion…
HONG KONG (Reuters) - Beijing Bytedance Technology Co, owner of China’s leading news aggregator Jinri Toutiao, aims to raise about $3 billion in its latest…
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China (PRC)
Samsung Group to spend $22 billion on AI, 5G, auto parts and biopharma |…
SEOUL (Reuters) - South Korea’s Samsung Group will invest 25 trillion won ($22 billion) over the next three years in artificial intelligence, 5G mobile…
Alibaba merging China food delivery units to counter Tencent-backed Meituan…
HONG KONG (Reuters) - Alibaba Group (BABA.N) plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with…
TSMC says third-quarter revenue hit by computer virus | Top Stories
TAIPEI (Reuters) - A computer virus outbreak has hit third-quarter results at Taiwan Semiconductor Manufacturing Company Ltd, the world’s largest contract…
Ding! Alibaba office app fuels backlash among some Chinese workers | Top…
BEIJING/HANGZHOU, China (Reuters) - In the cramped former home of Jack Ma, founder of the Chinese e-commerce giant Alibaba, about thirty young engineers sit…
Ding! Always-on Alibaba office app fuels backlash among Chinese workers |…
BEIJING/HANGZHOU, China (Reuters) - In the cramped former home of Jack Ma, founder of the Chinese e-commerce giant Alibaba, about thirty young engineers sit…
Google plans return to China search market with censored app: sources | Top…
BEIJING/SAN FRANCISCO (Reuters) - Alphabet Inc’s Google plans to launch a version of its search engine in China that will block some websites and search terms,…
Infineon signs deal with Alibaba on Internet of Things | Top Stories
FRANKFURT (Reuters) - Germany’s Infineon Technologies said on Thursday it had signed a memorandum of understanding with the cloud computing unit of China’s…
China’s Bytedance scrubs Musical.ly brand in favor of TikTok | Top…
SAN FRANCISCO (Reuters) - China’s Beijing Bytedance Technology Co announced late Wednesday that it is shuttering the popular Musical.ly video app it acquired…
Tesla steadies output of new Model 3 sedan, sees a profit | Top Stories
SAN FRANCISCO (Reuters) - Tesla said it would produce its new Model 3 sedan at a profit after several recent weeks in which output stabilized, buoying hopes…