A decision by Alibaba to buy Yahoo may put an end to speculations on the future of the company and the uncertainty that has been dragging on since March last year, according to an article published by Forbes.
Nintendo Co., Ltd.'s share price last week soared following the release of its new virtual reality game Pokemon GO. Its stock went up 70%, boosting Nintendo's market value from £13 billion to £19.6 billion.
The United Kingdom’s surprising leave from the European Union (EU) more popularly known as the “Brexit” has a clear effect on China’s economy as the world continues to monitor the expected “domino effect” of the incident.
Pokémon Go has quickly become a big hit in the United States and Europe, passing 15 million total downloads last week, and becoming the biggest mobile game in US history by topping Candy Crush in daily active users. The GPS/augmented reality (AR) game has become such a pop culture wonder that its servers keep crashing, while social media includes a plethora of Pokemon Go memes and web pages for Team Instinct, Team Mystic, and Team Valor. While Nintendo and The Pokémon Company came up with the game concept in 2014, the Niantic game's Pokemon franchise launched 20 years ago.
The performance of China’s economy in the first half of the year has been steady and the country is set to meet its main full-year development targets, Premier Li Keqiang said on Friday.
Ford is among the tech companies investing in self-driving car technology through 3D-mapping startup Civil Maps. Yahoo co-founder Jerry Yang's AME Cloud Ventures was among other participants in the $6.6 million investment round. Civil Maps uses artificial intelligence (AI) to convert data from a robot car's sensors into map information to be used in autonomous vehicles (AV).
Chinese internet giant Baidu is offering local mobile internet developers a big chance to break into the international scene via its DU Ad Platform (DAP) support program.
International banking firm Goldman Sachs warned that China\s corporate debt could balloon significantly with the continuing presence of "zombie companies".
Bitcoin was halved to 12.5 on Sunday, July 10, its second reward halving but for speculators, the market for the digital currency remains uncertain for speculators, Global Times reported.
German chemicals firm Covestro has begun operations of its newest plant in Shanghai on Thursday last week in a bid to corner the growing need for raw materials in the Asia-Pacific market.
Tesla stocks spiked over four percent after CEO Elon Musk tweeted on July 10, Sunday that his electric car company had a new masterplan. The Twitter post follows reports of the automaker's first fatal crash involving an electric vehicle (EV) in semi-autonomous Autopilot mode, and the company missing its auto production target. However, the car maker's chief executive already published an article around a decade ago about the "Secret Tesla Motors Master Plan."
Early estimates point that "Pokémon Go" has managed to generate $14.04 million across mobile platforms since its release, putting the mobile game ahead of other titles in the franchise, including Pokémon Shuffle Mobile, which has earned about $14.03 million since its release.
China's new rules on search advertising are likely to impact on the income of internet giants like Baidu and Alibaba, experts said.
Jack Ma's Alibaba has recently unveiled a new way to crackdown on counterfeit items. The Intellectual Joint-Force System designates an account manager that will work hand in hand with brands to eliminate fake products on their listings.
China is already having a hard time boosting its economy and it would continue to do so because of the effects of the decline in its working age population.
