Technology

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7 07, 2020

How US restrictions drove Huawei and Deutsche Telekom closer together

By | 2020-07-07T18:11:04+00:00 July 7th, 2020|Technology|Comments Off on How US restrictions drove Huawei and Deutsche Telekom closer together

This story is published in a content partnership with POLITICO. It was originally reported by Laurens Cerulus on politico.com on July 7, 2020.Global telecoms giant Deutsche Telekom strengthened its strategic partnership with Huawei last year despite gr...

7 07, 2020

Chinese AI start-up Cambricon to raise US$367.7 million through IPO on Shanghai’s Star Market

By | 2020-07-07T06:12:39+00:00 July 7th, 2020|Technology|Comments Off on Chinese AI start-up Cambricon to raise US$367.7 million through IPO on Shanghai’s Star Market

Cambricon Technologies, one of China’s most valuable artificial intelligence (AI) chip start-ups, said it will raise 2.58 billion yuan (US$367.7 million) in its Shanghai initial public offering, after setting the listing price at 64.39 yuan per share.T...

7 07, 2020

National security law: social media giants refusing to cooperate with Hong Kong police may have to make exit plans, analysts say

By | 2020-07-07T06:05:05+00:00 July 7th, 2020|Technology|Comments Off on National security law: social media giants refusing to cooperate with Hong Kong police may have to make exit plans, analysts say

Social media giants’ reluctance to hand over user data to Hong Kong police in national security cases could prompt the government to block their sites in a worst-case scenario or see them relocate, analysts warned, as the firms presented, for now, a un...

7 07, 2020

Samsung’s strong earnings hint at recovery from Covid-19 fallout

By | 2020-07-07T01:39:05+00:00 July 7th, 2020|Technology|Comments Off on Samsung’s strong earnings hint at recovery from Covid-19 fallout

Samsung Electronics reported better-than-expected profits after surging internet traffic propelled chip demand and gadget sales started recovering from the Covid-19 slump.The world’s largest manufacturer of memory chips and smartphones posted operating...

6 07, 2020

Uber, Postmates agree on US$2.65 billion all-stock deal

By | 2020-07-06T07:53:18+00:00 July 6th, 2020|Technology|Comments Off on Uber, Postmates agree on US$2.65 billion all-stock deal

Ride-hailing giant Uber Technologies has agreed to acquire food delivery service Postmates in a US$2.65 billion all-stock takeover expected to be announced as soon as Monday morning in the United States, according to people familiar with the matter.Ube...

3 07, 2020

Display maker Royole said to mull China IPO as US listing plans stall

By | 2020-07-03T12:01:43+00:00 July 3rd, 2020|Technology|Comments Off on Display maker Royole said to mull China IPO as US listing plans stall

Chinese flexible display maker Royole Corp is weighing an initial public offering in China, while its planned US listing is put on hold, according to people familiar with the matter.Royole had filed confidentially for a US IPO that could raise about US...

3 07, 2020

Live-streaming service providers Huya, DouYu to drive cloud-based gaming expansion in China

By | 2020-07-03T11:20:32+00:00 July 3rd, 2020|Technology|Comments Off on Live-streaming service providers Huya, DouYu to drive cloud-based gaming expansion in China

Chinese live-streaming service providers Huya and DouYu are poised to help drive the expansion of cloud-based gaming in China, according to analysts, as the two companies entice more players to access sophisticated desktop computer and console video ga...

3 07, 2020

Intel resumes sales to Chinese server giant Inspur after suspension over US laws

By | 2020-07-03T05:13:22+00:00 July 3rd, 2020|Technology|Comments Off on Intel resumes sales to Chinese server giant Inspur after suspension over US laws

US semiconductor maker Intel Corporation has resumed supplies to Chinese server giant Inspur Group following a brief suspension after the US Department of Defence released a list of 20 companies – including Shanghai-based Inspur – which it said were ow...

2 07, 2020

Improved hygiene, contactless deliveries and mobile payments surge will be lasting legacy of Covid-19, says Gojek co-CEO

By | 2020-07-02T22:00:08+00:00 July 2nd, 2020|Technology|Comments Off on Improved hygiene, contactless deliveries and mobile payments surge will be lasting legacy of Covid-19, says Gojek co-CEO

Gojek, Indonesia’s largest start-up, said that ride-hailing and transport services around the world have been severely affected by Covid-19 while food delivery has been more resilient – although consumer demand and merchant needs are constantly shiftin...

2 07, 2020

JD.com’s fintech arm prepares for IPO in Shanghai’s Star Market

By | 2020-07-02T12:05:03+00:00 July 2nd, 2020|Technology|Comments Off on JD.com’s fintech arm prepares for IPO in Shanghai’s Star Market

JD Digits, the financial technology arm of e-commerce giant JD.com, is preparing for its initial public offering (IPO) in Shanghai’s Star Market, joining waves of Chinese firms pursuing fundraising on the Nasdaq-style tech board.Four Chinese investment...