Friday, 21st, 2017 | 12:17AM Updated

AR Service Platform
Alibaba-Led Funding Round Raises $18 Million for AR Startup WayRay

China’s e-commerce giant Alibaba led a Series B funding round that raised $18 million for AR navigation startup WayRay, which partnered with car manufacturing firm Banma Technologies to develop a new AR navigation and infotainment systems, according to zdnet.com.

Attendees visit the Android booth during the Google I/O developers’ conference at the Moscone Center on May 15, 2013 in San Francisco, California.
Android 8.0 OS rumored to launch in Google’s I/O conference in May

The next Google mobile platform is currently making news online, even with Android Nougat OS still coming on several Android units. Amid the rumors about the OS’s features, the Android 8.0 OS is expected to be revealed on Google’s I/O 2017 developer festival on May 17 to 19.

Officials of Ping An Wifi
Ping An WiFi, Kuang-Chi Group Join Forces for 'Smart WiFi'

Chinese company Ping An WiFi announced that it has partnered with tech startup company Kuang-Chi Group to provide better WiFi services.

Euronet's bid throws a wrench in Alibaba's global strategy for its payment processing arm Ant Financial in western markets.
Euronet Tops Ant Financial Offer with $1 Billion Bid for MoneyGram

U.S. e-payments provider Euronet has outbid its Alibaba-backed rival Ant Financial over the acquisition of popular money transfer service MoneyGram, arguing that its all-American deal would face less regulatory scrutiny than a lower bid from its Chinese counterpart.

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A Long March-3C carrier rocket carrying the 23rd satellite with the Beidou Navigation Satellite System lifts off at the Xichang Satellite Launch Center.
Beidou Navigation Satellite System Set for Expansion to Economies Along Belt and Road Trade Route

China plans to launch six to eight Beidou Navigation Satellite Systems this year to accelerate its expansion into economies along the Belt and Road Initiative.

Instead of following the old business model, Alibaba’s new research and development team will shift into a “pure holistic R&D mechanism” by using cutting-edge technological solutions.
Tech Giant Alibaba Ready for the Next Level

On Monday, March 13, Alibaba Group Holding Ltd announced its plans to create a research task force for growth and innovation. Alibaba believes this will create new pathways that will transform the current e-commerce trading platform into the next stage: a tech powerhouse.

Ant Financial IPO
China-Tech IPOs Eyed as Potential Money-Earner for Global Banks

Global banks are hoping to take in huge sums of money from China tech startups that are expected to make their initial public offering (IPO) in the next few years, according to an article in The Australian.

A Techrules Ren concept car at the 87th International Motor Show in Geneva, Switzerland.
Chinese Car Startup Techrules Unveils Production-Ready Race Car Powered by Microturbine System

Chinese car startup Techrules makes its foray into the competitive car market by unveiling a super racing car powered by a microturbine system as its first model.

The pilot program under the Alibaba Cloud-Intel partnership can expect to produce further innovations beyond what is currently planned.
Alibaba Cloud-Intel Partnership Unveils Cloud-Based FPGA Workload Acceleration Pilot Program

Alibaba Cloud has partnered with Intel to produce a pilot program aimed at building a field programmable gate array (FPGA) acceleration service that utilizes cloud computing. Said program aims to provide consumers using cloud services to virtually access productivity-related compute resources.

WikiLeaks founder Julian Assange participates via video link at a news conference marking the 10th anniversary of the secrecy-spilling group.
China Couldn't Care Less About Latest WikiLeaks Document Dump by the US

China is less bothered to talk about the latest WikiLeaks document dump, which is purported to show how the Central Intelligence Agency of the United States breaks into smartphones, computers, television sets and other electronics for surveillance.

Ma Kai, vice premier of China's State Council, speaks during the opening ceremony of the Guiyang International Big Data Expo.
China Unveils National Engineering Laboratory for Big Data Distribution and Exchange Technologies

China officially unveiled its first national engineering laboratory that will be used for big data distribution and exchange technologies. This is a move that will help the country in the application of big data, in seeking breakthroughs in research, and in boosting China's digital economy.

People's Liberation Army in Training
Artificial Intelligence: Battleground for Next China-US Arms Race?

As China may have first seen the start of the Information Technology Revolution in military affairs, the People’s Liberation Army could have the advantage to make use of the military applications of artificial intelligence (AI) to warfare.

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