text

ByteDance to pump $170 million into e-book reader Zhangyue

While short videos are what drive ByteDance’s revenues and give the Chinese startup international recognition, the firm is expanding into numerous new areas like other tech giants to fuel growt

text

Ant Group to launch $35 bln IPO after final nod from China regulator

The Alipay logo is pictured at the Shanghai office of Alipay, owned by Ant Group which is an affiliate of Chinese e-commerce giant Alibaba, in Shanghai, China, September 14, 2020. /Reuters Chi

text

Kenya's resurgent COVID-19 transmission raises fear of second wave

A health worker takes a swab sample from a girl during COVID-19 mass testing exercise in Kangemi, Nairobi, capital of Kenya, Oct. 17, 2020. /Xinhua The sudden increase in COVID-19 positive cas

text

Cathay Pacific to shut down Dragon brand, cut over 8,000 staff

An Airbus SE A321 aircraft operated by Cathay Dragon, a unit of Cathay Pacific Airways Ltd., top, taxis past an Airbus A330 aircraft operated by Cathay at Hong Kong International Airport in Hong

text

Standard Chartered applies to set up securities firm in China

Standard Chartered main branch in Hong Kong. /Reuters Standard Chartered applied to establish a securities company in China, said the China Securities Regulatory Commission (CSRC) on Saturday.

text

About 1,700 college students in Manchester told to self-isolate

VCG Image Some 1,700 students at Manchester Metropolitan University have been told to stay in their rooms for 14 days after 127 tested positive for coronavirus, local media reported Saturday.T

text

President Trump reportedly has approved the Oracle deal for TikTok’s US operations

President Donald Trump said has has given his stamp of approval “in concept” on the Oracle bid for the U.S. operations of the wildly popular social media app, TikTok, according to a repor

text

And the winner of Startup Battlefield at Disrupt 2020 is… Canix

We started this competition with 20 impressive startups. After four days of fierce pitching in a wholly new virtual Startup Battlefield arena, we have a winner.The startups taking part in the Startup

text

Facebook is officially killing off the Oculus Rift line

Facebook is officially killing off the Rift.The company showed off its latest headset at its newly renamed Facebook Connect online event today, but they also revealed that they would be ending sales o

text

What makes Chinese market the 'holy grail' for foreign firms?

Some of the Wall Street's most powerful financial institutions are pressing ahead with deals in China even as tensions escalate between the world's two largest economies, the Financial Times reported

text

Facebook seeks fresh legal delay to block order to suspend its transatlantic data transfers

Facebook is firing up its lawyers to try to block EU regulators from forcing it to suspend transatlantic data transfers in the wake of a landmark ruling by Europe’s top court this summer.The te

text

Deloitte: China attracting foreign investors in financial services

07:59 The Chinese government's continued reforms and opening up had managed to attract a "large number" of foreign services firms into the country this year, despite a dampened global

text

"When China recovers, we recover with it": Honeywell key executive

"When China recovers, we recover with it. So for us, as a very, very local and entrenched multinational company operating in China, recovery of China is a great story for us," said Shane Tedjarati, pr

text

China's top bank regulator sees smooth financial industry operation

China's top banking regulator Guo Shuqing speaks to reporters on the sidelines of the National People's Congress at the Great Hall of the People in Beijing, China, March 5, 2019. /Reuters Chin

text

LA’s consumer goods rental service, Joymode, sells to the NYC retail investment firm, XRC Labs

After raising $15 million in financing from one of technology’s most successful global investment firms, the Los Angeles-based consumer goods rental company Joymode is selling itself to an early

text

Google is building a new private subsea cable between Europe and the U.S.

Google today announced its plans to build a new subsea cable with landing points in New York in the U.S. and Bude, UK and Bilbao, Spain in Europe. The new cable, named after the pioneering computer s

text

Italy PM says EU recovery fund "radical change" from austerity, fiscal conservatism

In his report to Italian parliament on European Union (EU) summit which agreed on a landmark deal over a budget for the next seven years and a massive recovery fund, I