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TECH

Alibaba pushes its cloud unit globally as it trounces Amazon in Asia

Alibaba Group Holding Ltd’s US$3bil (RM12.40bil) cloud services arm is fast becoming an important driver of its global expansion.

TECH

Portugal bets on artificial intelligence to boost exports

At a time when a slowing global economy is seen as a threat to Portugal's growth, the country is betting on a new artificial intelligence platform to help companies boost their exports.

TECH

Xiaomi is said to seek at least US$50bil valuation in IPO

Xiaomi Corp, the Chinese smartphone maker that was once the most valuable startup in the world, is in talks with investment banks about a possible initial public offering and seeking a valuation of at least US$50bil (RM203.06bil), according to people familiar with the matter.

TECH

China's Tencent apologises for civil rights blunder

Chinese Internet heavyweight Tencent Holdings Ltd apologised for rewarding WeChat app users who sent a message with the English phrase "civil rights" with a screen full of fluttering US flags.

TECH

High-tech goods to lead trade growth over next 15 years: HSBC

Exports of high-tech products will grow more quickly than exports of other goods over the next 15 years as emerging Asia moves away from being a low-cost production hub for foreign brands and toward developing value-added local products, according to research from HSBC.

TECH

WeChat revolution: China's 'killer app' speaks to the masses

When condom maker Durex wants to send an intimate message to customers in China, it uses a homegrown instant messaging platform called WeChat which has taken the country by storm in just three years.

TECH

Baidu to open new office in South China

b>SHANGHAI/b>: Baidu Inc broke ground on a new building in the southern city of Shenzhen that would hold its mobile Internet RD offices, as well as south China and international headquarters.