China's top search engine Baidu Inc has hired GoogleInc's former artificial intelligence (AI) chief Andrew Ng to spearhead research in a field that promises to show Internet companies how to maximize use of their vast data trove.
Asia/Pacific
Foxconn to buy $390 million stake in Taiwan telecom operator in 4G push
Apple Inc supplier Foxconn Technology Group will buy a stake in Taiwanese mobile telecoms operator Asia Pacific Telecom for T$11.6 billion ($390 million) in a deal that would expand its presence in Taiwan's fledgling 4G telecoms market.
Flipkart raises $210 million fresh funding from four investors
Flipkart, India's largest e-tailer, raised $210 million in a fresh round of funding from a group of four investors led by internet-focused investment group DST Global, it said in a statement on Monday.
India's Flipkart buys fashion portal as Amazon spurs consolidation
Flipkart, India's largest e-tailer, on Thursday acquired the country's biggest fashion portal Myntra, as Amazon.comInc's rapid expansion in the country stokes consolidation in the e-commerce industry.
Indonesian retailer Mitra Adiperkasa to sell stakes in pizza, burger chain
Indonesian retailer Mitra Adiperkasa said it will sell majority stakes in its Domino's Pizza and Burger King chains to keep its capital to develop its other franchises.
Latest News
Chinese budget smartphone maker Xiaomi unveiled on Thursday its first tablet, expanding its product lineup to directly challenge established rivals Samsung Electronics Co Ltd and Apple Inc.
BlackBerry Ltd launched a low-cost touchscreen device in Jakarta, the Z3, as the embattled smartphone maker looks to revive sales in emerging markets like Indonesia where its once-fervent following has shriveled.
Facebook Inc said it may consider opening a sales office in China to provide more support to local advertisers who use the website to reach customers overseas.
Jack Ma, the founder and executive chair of Alibaba Group Holding, said investors and entrepreneurs can fall out like domestic couples squabbling over their children in a blog post published late on Monday as the Chinese e-commerce juggernaut prepares for its blockbuster initial public offering.
Alibaba is taking a tougher line against counterfeit items sold on its online marketplaces as the Chinese e-commerce giant heads towards a U.S. stock listing that could be the world's biggest technology company IPO.
Infosys Ltd, once a bellwether for India's $100 billion-plus IT outsourcing industry, is losing its cachet as the employer of choice for a generation of young IT workers, with staff leaving at an unprecedented pace as the Bangalore-based company struggles to regain ground lost to rivals.
China pledged on Friday to push ahead with a broad range of capital market reforms as it seeks to encourage more efficient capital allocation, increase foreign investment and improve transparency of its markets.
Chinese smartphone maker Xiaomi will soon release its first tablet, sources with knowledge of the matter told Reuters, expanding the fast-growing company's product lineup in a potential challenge to Samsung Electronics Co Ltd and Apple Inc.
Radio Taxi, aka Taxio, officially launched last night by the State Transport Minister Thiruvanchoor Radhakrishnan in Fort Kochi, India.The 7 member team startup was founded earlier this year in January.
