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PhonePe in talks to acquire Indian app store Indus OS

Walmart-backed Indian payments services firm PhonePe is in advanced stages of talks to acquire Samsung-backed Indus OS, a startup that operates an eponymous third-party Android app store, a source fam

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Chinese citizens' trust in government rises to 98 percent: Survey

A view in Tian'anmen Square, Beijing, China, October 1, 2020. /VCG Chinese citizens' trust in their government rose to 98 percent several months into the COVID-19, according to a survey publis

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Rec Room raises at $1.25B valuation from Sequoia and Index as VCs push to find another Roblox

Investor FOMO following Roblox’s blockbuster public debut is pushing venture capitalists who missed out on that gaming giant to invest in competing platforms.Today, Rec Room announced it has rai

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Squarespace raises $300M at staggering $10B valuation

Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation.New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Manag

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Tiger Global in talks to invest in young Indian social network at $170M valuation

Who says there is no room for a new social network?Tiger Global is in advanced stages of talks to lead a round of $15 million to $20 million in seven-month-old Kutumb that values the Indian startup at

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Two Sessions: How China and the U.S. confronted the COVID-19 pandemic

03:10 The United States and China—the world’s two largest economies have profound differences when it comes to their political systems, societies, values, and principles.The way they’v

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Trudeau set to meet Biden virtually on Tuesday

FILE PHOTO: Canada's Prime Minister Justin Trudeau walks to a news conference in Ottawa, Ontario, Canada, June 20, 2018. /VCG Photo Canadian Prime Minister Justin Trudeau is scheduled to hold

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Sudan claims Ethiopian forces crossed into its territory

Sudanese security officers patrol as Ethiopian refugees who fled Tigray region are seen at the Fashaga camp on the Sudan-Ethiopia border, in Kassala state, Sudan, December 13, 2020. /Reuters E

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'Koo' is it? India finds Twitter's replacement

Twitter logo (L), Koo logo (R) Indian ministers, lawmakers, officials and their staunch supporters are moving to the home-made, largely-obscured Koo app in droves to counter Twitter after the

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New York Knicks still the most valuable NBA team – Forbes

TheNew York Knicksis still the most valuable team among the National Basketball Association (NBA) league as Forbes released its 23rd annual NBA Team Valuations on Wednesday.Valued at $5 billion, u

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Folk art exhibition in Beijing offers festive air

The exhibition shows the vibrant, bold palette of folk art, the simple forms and shapes to deliver primitive beauty and the profound cultural meanings being implied. [Photo provided to China Dail

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PM Modi Invited to G7 Summit in UK in June, Boris Johnson Likely to Visit India Before Event

The United Kingdom has invited Prime Minister Narendra Modi to attend the G7 summit, which will be held in Cornwall in June 2021."UK Prime Minister Boris Johnson will u

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Glassdoor: Best tech companies to work for in 2021

Glassdoor just released its annual ranking of the best companies to work for in 2021. We broke out the top 10 tech companies from the list of large businesses (1,000+ employees) as well as from the sm

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AstraZeneca to buy Alexion for $39b to expand in immunology

Britain's AstraZeneca has agreed to buy U.S. drugmaker Alexion Pharmaceuticals for $39 billion in its largest ever deal, diversifying away from its fast-growing cancer drug business in a bet on ra

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Carrie Lam: 'One Country, Two Systems' upholds Hong Kong's core values

Chief Executive of China's Hong Kong Special Administrative Region (HKSAR) Carrie Lam said Wednesday that the core values underpinning the HKSAR's success, including pe

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Google opens its Fuchsia operating system to outside developers

For the longest time, Google’s new Fuchsia operating system remained a bit of a mystery — with little information in terms of the company’s plans for it, even as the team behind it

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"Prioritize vaccinating those most in need", WHO chief says

VCG Image The COVID-19 vaccines should first be administered on persons most in need before being rolled out to the rest of the population, the World Health Organization (WHO) Director-General