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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.


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.


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.


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.


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.


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.


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.