Alibaba Group Holding Ltd (BABA.N) will launch an online video streaming service in China in about two months, hoping to emulate the U.S.'s Netflix Inc (NFLX.O) and HBO, the firm's head of digital entertainment said on Sunday.
Sectors
Oil falls on dollar, Libya output, Yemen talks
Oil prices fell on Monday as the Greek debt crisis helped boost the dollar, making fuel more expensive to holders of other currencies, and as United Nations talks offered a chance for peace in Yemen where crude exporter Saudi Arabia is involved in a civil war.
With CEO shakeup, Twitter under pressure to please advertisers
Twitter Inc's (TWTR.N) next chief executive officer faces a crucial challenge as the company seeks to appease Wall Street after last week's management shakeup - helping disaffected advertisers connect with users.
Sweden's Starbreeze Invests $1.4M in Mobile Shooter Game Developer Cmune to Bring its Hit Payday Franchise to the Mobile Device Platform
Giant Swedish game publisher Starbreeze invested $1.4 million in Cmune, a shooter game specialist company. VentureBeat reports that Cmune will bring Starbreeze's popular PAYDAY franchise into the mobile device platform.
Catalia Health Gets $1.25 Million Seed Funding For Its Healthcare Robot
Catalia Health chief executive Cory Kidd's dream of improving personal health through robotics is fast becoming a reality as his company raises $1.25 million in seed funding led by investor Khosla Ventures.
Latest News
In the near future, iPhones as well as iPods and iPads may be manufactured in India. The main manufacturing partner of Apple Inc, Foxconn Technology is said to be in talks with the Indian government in order to build its manufacturing units in western Indian state of Maharashtra, according to a Reuters report.
China will pledge a multi-billion dollar investment in Europe's new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters - Beijing's latest round of chequebook diplomacy to win greater influence.
As the company enjoys a rapidly growing subscribers for its content-sharing platform, Box Inc, the cloud storage provider, raised its full-year forecast. Share value of the company increased by 8.7 per cent in the extended trading on Wednesday.
Greek Prime Minister Alexis Tsipras said he was willing to accept unpalatable compromises to secure a deal with international creditors provided he gets debt relief in return, something that Germany refuses to countenance.
The Reserve Bank of India is facing a fork in the road for the first time since Governor Raghuram Rajan took office amid much fanfare and started targeting inflation as the central bank’s primary mandate.
German automaker BMW on Wednesday unveiled its latest version of its BMW 7 Series at its global headquarters in Munich. The BMW 7 Series is top of the line luxury sedan and is a status symbol, especially in European countries.
Google Inc (GOOGL.O) said on Friday that it is launching a live streaming gaming service called "YouTube Gaming", creating a rival to Amazon.com Inc's (AMZN.O) Twitch service.
Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world's second largest economy, an executive at the firm said on Friday.
BlackBerry (BB.TO) is considering equipping an upcoming smartphone with Google Inc.'s (GOOGL.O) Android software for the first time, an acknowledgement that its revamped line of devices has failed to win mass appeal, according to four sources familiar with the matter.
