Thursday, 28th, 2024 | 2:29AM Updated

Employees of Snapdeal, an Indian online retailer, check packages for delivery in an office in Mumbai.
Indian Sellers to Get Access to 5 Million Chinese Goods with Paytm’s Help Through Alibaba

Indian sellers may soon be able to get access to Chinese products at cheaper rates, as well as assistance on logistics and payment, with the help of e-commerce platform Paytm, using the latter's connection with Alibaba, The Economic Times of India reported.

A logo sits illuminated outside the Huawei pavilion during the second day of the Mobile World Congress 2015 at the Fira Gran Via complex on March 3, 2015, in Barcelona, Spain.
Huawei CEO expresses solidarity with Android, says will use OS provided it remains open

Responding to prevailing rumors that Huawei may eventually ditch Android for its own under development Kirin OS, CEO of the Chinese tech giant has clarified that they would be using Google's operating system till it remains open.

China is said to benefit economically and politically from the UK's exit from the European Union.
Though China Is Biggest Winner of Brexit, Experts Caution Asian Nation to Remain Vigilant

China is probably one of the few countries who will benefit from the “Brexit” or the United Kingdom’s recent exit from the European Union (EU), though some experts warn the country not to be complacent.

Qualcomm CEO Steve Mollenkopf speaks during a press event at the Mandalay Bay Convention Center for the 2014 International CES on Jan. 6, 2014 in Las Vegas, Nevada.
Qualcomm sues Alibaba-backed Meizu for patent infringement in Beijing IP Court

Qualcomm Inc, American multinational semiconductor company, has announced that it has filed a patent suit against Alibaba-backed Chinese tech start-up Meizu in the Beijing Intellectual Property Court.

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Jack Ma dared concerned agencies to file a lawsuit against Alibaba.
Why Alibaba's Jack Ma Once Axed Two of His Best-performing Salespeople

Alibaba's big boss Jack Ma once had to face the tough decision of having to axe two of his best salespeople for giving out bribes just to sign clients.

The Facebook logo is displayed at the Facebook Innovation Hub on February 24, 2016 in Berlin, Germany.
Facebook hires former Google Fiber chief Kevin Lo to beef up its wireless plans

In its endeavor to help people across the world to connect to the Internet, Facebook has recently hired former Google Fiber general manager Kevin Lo.

Foxconn is shutting down Sharp's improper and redundant business units, per the group's chairman Terry Gou.
Foxconn to Shut Down Sharp's Ailing Overseas Operations; Massive Layoffs Eyed

Foxconn Technology Group wants to shut down high-cost, underperforming overseas operations at Sharp Corp., after recently acquiring the cash-strapped Japanese display maker.

A woman uses the Uber app on a Samsung smartphone on Sept. 2, 2014, in Berlin, Germany.
Shanghai Taxi Company Accuses Uber of Unfair Competition

A Shanghai taxi company has sent a complaint letter to China’s Ministry of Transport, saying that online car-hailing platforms such as Uber and its local counterpart Didi Chuxing represent unfair competition.

World wealth swells with China and Japan contributing a bulk of super-rich.
Global Wealth Soars with Asia-Pacific Region in the Lead

China and Japan overtake the United States in terms of the global super-rich population as noted by a recent annual world wealth report from a consultancy company.

Microsoft's purchase of LinkedIn may prove to be troublesome for the business-oriented networking platform.
Microsoft Acquisition May Complicate LinkedIn Operations in China

Microsoft’s acquisition of LinkedIn may bring complications to the latter’s expansion in China, considering what happened with Alphabet Inc.’s Google pullout from the country due to censorship in 2010.

VW TDI
Volkswagen to pay over $10B for US settlement after diesel emissions scandal: Reports

Volkswagen will reportedly pay over $10 billion to settle claims of almost half a million owners following the diesel emissions cheating scandal in the United States. Sources who are familiar with the agreement shared on June 23, Thursday that the funds paid by the German automaker will also be used to help battle US air pollution.

JD.com CEO and founder Richard Liu speaks at the NASDAQ Market site at Times Square in New York.
JD.com Partners with Wal-Mart China After Stocks Surge

JD.com has announced that it has formed a strategic partnership with Wal-Mart China after its shares went up recently, according to a report by CNBC.

Sony PSVR Headset
Facebook, Sony, and Samsung are top VR stock picks: Report

Virtual Reality’s growth shown in the spike of devices and content available has made the VR industry marketable for investors, based on a new research report. Nomura Securities analysts recommended three publicly-traded companies that are earning the biggest revenue from the growth of VR, which include Facebook, Sony, and Samsung.

Tesla owners take a ride in the new Tesla 'D' model electric sedan after Elon Musk, CEO of Tesla, unveiled the dual engine chassis of the new Tesla 'D' model, at the Hawthorne Airport Oct.r 9, 2014 in Hawthorne, California.
Telsa offers $2.8 billion deal to acquire SolarCity

Tesla Motors Inc. announced on Tuesday that it has offered to acquire SolarCity Corp. The company has offered between $26.50 and $28.50 per share, in a $2.8-billion deal.

The Tesla exhibit during the 2015 Shanghai Auto Show. The electric carmaker is reportedly eyeing the city as the site of its first ever factory in China.
Tesla Factory to Rise in Shanghai

American electric carmaker Tesla Motors reportedly wants to put its first Chinese production plant in the city of Shanghai.

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