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AI frenzy: Chinese tech firms are scrambling to make AI generative bots like ChatGPT
ChatGPT is blocked in China, but businesses and people love the programme and access it using VPNs. To cater to growing domestic demands, Chinese tech companies are rushing to create their own AI Generators and launch them in the Chinese market
Alibaba co-founder Jack Ma living in Tokyo after China's crackdown on tech firms: Report
58-year-old Ma has largely disappeared from public view since he criticised the Chinese regulators in 2020, accusing the state-run banks of having a pawnshop mentality and calling for bold new players that can extend credit to the collateral poor
Beyond The Lines | Why Xi Jinping wants the chip? Tech it up, when chips are down
The Chinese economy — including its strategic economy — is so dependent on Taiwan that its missiles, cyber capability, technology-integrated weapon systems, its tech sector would have been swiftly dismantled in the event of an attack on Taiwan
Asian markets mixed as rate hike woes offset China tech hopes
Markets have seen some levelling out in recent weeks as the easing of lockdown measures in China helps to offset some of the worries about higher rates and the impact of the Ukraine war
As Beijing takes control, Chinese tech companies lose jobs and hope
In place of the pride and ambition that dominated a few years ago, fear and gloom now rule as many tech companies lower their growth targets and lay off young, well-educated workers.
Tokyo Olympics 2020: Overseas ticket holders may get only partial refunds
Tokyo organisers said about 600,000 Olympic tickets have been sold to people outside Japan. Japanese residents bought 4.45 million.
Watch: Jack Ma appears in online video after missing from public view for over two months
In the video, the Chinese tycoon is seen addressing teachers supported by his foundation. The video also showed the businessman visiting a school on 10 January
Indian telcos, internet providers asked by govt to 'immediately block' access to the 59 banned Chinese apps
ByteDance will hold discussions with Indian officials this week and seek clarifications on the app ban.
Silver Lake invests an additional Rs 4,546-cr in Jio Platforms, raises stake in Reliance Industries' digital arm to 2.08 percent
The deal adds to a pile of funds raised by Jio in recent months and comes close on the heels of Abu Dhabi sovereign fund Mubadala Investment Company injecting Rs 9,093.6 crore on 4 June.
COVID-19 impact: Alibaba extends reach in China as pandemic outbreak opens doors; traffic at online marketplace shoots higher
Alibaba on Friday reported increases of 21 percent in quarterly revenue and 19 percent in core commerce sales, beating expectations.
Alibaba's Jack Ma resigns from SoftBank board; to pull back from formal business roles, focus on philanthropy
SoftBank said it will propose three new appointments to the board, including group CFO Yoshimoto Goto, at its annual general meeting on 25 June.
General Atlantic invests Rs 6,600 cr in Reliance Jio; with investments from Facebook, Silver Lake, Vista Equity, platform raises Rs 67,194 cr in under 4 weeks
Jio Platforms on Sunday announced that it has sold a 1.34 percent stake to New York-based private equity firm General Atlantic for nearly Rs 6,600 crore, making it the fourth such stake sale in the last four weeks.
Jio Platforms attracting funds from Facebook, Silver Lake, Vista Equity, highlight Mukesh Ambani's digital-era venture capitalist avatar
In the new normal for Reliance Industries Limited, investors in Jio Platforms like Silver Lake and Vista Equity are more like knowledge and network partners.
India plans to fast track Chinese investments over fears of policy change hitting plans of companies, investors: Report
While the fast track mechanism would be open to all India’s neighbours with a land border, China would be the main beneficiary.
Some Indian companies with Chinese investments indulge in predatory strategies: Think tank
Chinese investors hold stakes in 18 of the 30 Indian startup unicorns, and some companies backed by them indulge in "predatory" behaviour, which needs to be brought under scrutiny, a domestic think tank said on Thursday
Facebook invests $5.7 billion in Reliance Industries Jio Platforms; plans digital services for Indian grocers
The deal for 9.99 percent of Jio Platforms, which houses the telecoms unit Jio Infocomm as well as other news, movie and music apps, gives Jio Platforms an enterprise value of about $66 billion, Reliance said.
BigBasket acquires milk delivery app DailyNinja for Rs 48 crore to strengthen business in Bengaluru
BigBasket has taken over Bengaluru-based milk delivery app DailyNinja. The online grocery delivery company will now have access to DailyNinja's network of 2,000 milkman partners across India
Private equity, VC investments hit record high of $48 bn in 2019; huge fund flow to infrastructure sector drives growth: Report
As per the report, private equity/VC investments in infrastructure space were at $14.5 billion in 2019, which were higher than the cumulative PE/VC infrastructure investments received in the previous seven years.
SoftBank's $3 billion WeWork financing talks stall with Japan banks; complicates $9.5 bn rescue package: Report
SoftBank in October said it would launch a $9.5 billion bailout of WeWork after the cancellation of the startup’s initial public offering
SoftBank-backed Paytm raises $660 mn from Alibaba arm Alipay, others; 2.6 mn shares to be allotted to investors
On 29 November, there were reports that Paytm was looking at raising another round of funding of $1 billion, and is in discussion with multiple investors, including former UK Prime Minister David Cameron.