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Big Tech
Big Tech
China’s JCET buys Shanghai plant of US flash memory maker SanDisk
The US$624 million deal is expected to enlarge JCET’s share in China’s data storage market.
The US$624 million deal is expected to enlarge JCET’s share in China’s data storage market
8 minutes ago
Alibaba, JD.com battle it out in Hong Kong as mainland China market matures
1 hour ago
TSMC, Samsung, other chip makers monitor quartz supply after hurricane shut mines
6 hours ago
Big Tech
Historic funding round values OpenAI at US$157 billion
OpenAI plans to use the funds to advance its AI research, increase computing capacity, and develop tools for solving complex problems.
3 Oct 2024 - 12:09PM
OpenAI CEO Sam Altman speaks during the Microsoft Build conference in Seattle, Washington, May 21, 2024. Photo: AFP
Tech War
Huawei’s Meng Wanzhou back at the helm of firm ahead of next smartphone launch
In her latest tenure as rotating chairwoman, Meng is expected to oversee the launch of Huawei’s next flagship 5G smartphone series, the Mate 70.
1 Oct 2024 - 8:00PM
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Big Tech
Chinese merchants still have opportunities to grow overseas sales, PayPal says
PayPal executives say Chinese merchants creative about meeting demand will continue to see growth in international sales.
1 Oct 2024 - 5:00PM
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Big Tech
Meta Platforms will produce virtual reality headsets in Vietnam
Facebook parent Meta said it will produce its next-generation virtual and augmented reality headsets in Vietnam, creating 1,000 jobs.
1 Oct 2024 - 3:04PM
Big Tech
SoftBank rises on possible US$500 million investment in OpenAI
SoftBank’s stock rebounded, helped by the Japanese company’s possible participation in an OpenAI funding round.
2 Oct 2024 - 9:27AM
Softbank CEO Masayoshi Son speaks during the annual general shareholders’ meeting in Tokyo on June 21, 2024. Photo: AFP
Big Tech
China Telecom say AI model with 1 trillion parameters trained with Chinese chips
The state-owned telecoms operator did not reveal what chips it used for its 1 trillion-parameter model, but it has a partnership with Huawei.
30 Sep 2024 - 10:24PM
23
Big Tech
Alibaba’s Sun Art suspends trading, sparking divestment speculation
Alibaba took control of Sun Art Retail Group four years ago to pursue a ‘new retail’ strategy.
30 Sep 2024 - 9:39PM
Big Tech
ByteDance said to be turning to Huawei chips to train AI model
ByteDance’s next step in the AI race is to use Huawei’s Ascend 910B chip to train a large language AI model, said the people.
30 Sep 2024 - 5:11PM
Big Tech
Huawei is sending samples of its new AI chip meant to rival Nvidia
Huawei is sending out samples of its Ascend 910C processor for testing as the tech giant races to fill a void left by Nvidia.
29 Sep 2024 - 10:00AM
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Huawei has been positioning its Ascend 910 chips as a domestic alternative to Nvidia AI chips. Photo: Handout
Big Tech
Alibaba looks on course for a turnaround amid investor frenzy for Chinese stocks
The renewed positive market sentiment for Alibaba reflects its resilience after struggling in recent years.
27 Sep 2024 - 9:00PM
Big Tech
Shein’s job cuts in Singapore underscore challenges facing fast-fashion giant
The job cuts by Shein in Singapore reflect how the Chinese-founded fast fashion company is grappling with a series of challenges.
27 Sep 2024 - 6:00PM
Big Tech
Intel rebuffs Arm after British firm asked to buy US chip maker’s product unit
In the high-level inquiry, Arm did not express interest in Intel’s manufacturing operations.
27 Sep 2024 - 2:52PM
Big Tech
Tencent cashes in on Futu as China boosts economic stimulus
Tencent has been unwinding some of its investment portfolio and the Futu share sale is in line with the strategy, a source says.
27 Sep 2024 - 11:11AM
The Tencent headquarters in Shenzhen, southern China. Photo: AFP
Big Tech
PayPal expands in China as it courts cross-border merchants
The financial tech firm launched PayPal Complete Payments on Thursday, allowing merchants to accept foreign credit cards and mobile wallets.
26 Sep 2024 - 10:31PM
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Big Tech
Alibaba waives delivery fees for Hong Kong’s Taobao users in US$142 million plan
Delivery charges on the city’s Taobao users will be waived for certain orders that cost more than US$14 during this fourth quarter.
27 Sep 2024 - 1:35PM
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Big Tech
Alibaba prepares US$5.7 billion war chest for Singles’ Day merchants
Taobao and Tmall plan to give out 30 billion yuan in consumer vouchers and use 10 billion yuan worth of resources to boost traffic amid e-commerce competition.
26 Sep 2024 - 7:00AM
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Big Tech
Shein makes rare job cuts in Singapore as London IPO remains in limbo
The fast-fashion retailer is laying off more than 20 people in a restructuring of its IT R&D centre.
26 Sep 2024 - 12:07AM
Shein has faced scrutiny over its China origins as it seeks an IPO in the UK. Photo: Reuters
Big Tech
Internet investor Prosus fully exits Trip.com stake in US$743 million block trade
The sale comes a month after Walmart sold its its its US$3.6 billion stake in Chinese e-commerce company JD.com after an eight-year partnership.
25 Sep 2024 - 6:35PM
Big Tech
Huawei heats up global smartwatch market with launch of new GT 5 series
Huawei’s latest product launch reflects the US-sanctioned firm’s efforts to boost revenue, as demand for advanced smartwatches rises in 2024.
25 Sep 2024 - 6:07PM
Big Tech
OpenAI pitched White House on unprecedented data centre buildout
OpenAI has pitched the Biden administration on the need for massive data centres to develop more AI models to compete with China.
25 Sep 2024 - 11:18AM
OPINION
Andrew Sheng
Opinion
|
For the best AI outcomes, good policy is key
25 Sep 2024 - 3:36PM
Zhou Xin
My Take
|
China’s video gaming industry needs more like Black Myth: Wukong
27 Aug 2024 - 1:11PM
Charles Ferguson
Opinion
|
AI companies must pay attention to national security needs
8 Aug 2024 - 2:17PM
George Chen
Opinion
|
Hong Kong can’t afford to lose out on generative AI
1 Aug 2024 - 9:30AM
Gerui Wang
Opinion
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Why China is pushing so hard for international cooperation on AI
25 Sep 2024 - 3:21PM
Elina Noor
Opinion
|
Southeast Asia cannot be a bystander amid escalating global crises
2 May 2024 - 9:30AM
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