Technology

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May 14, 2024

Tencent profit jumps 62% as tech giant returns to growth on back of strong ad revenue, as video games business slows

The social media and video gaming giant saw revenue rise 6 per cent in the first quarter, with online advertising revenue growing 26 per cent year.

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May 14, 2024

Uber to buy Delivery Hero’s Foodpanda business in Taiwan for US$950 million

The deal, unveiled on Tuesday, marks one of the biggest takeovers in Taiwan outside the semiconductor industry.

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May 14, 2024

Chinese gaming giants Tencent, NetEase to release new titles back to back in sign of intensified rivalry

Chinese tech giants Tencent and NetEase announced back-to-back new title releases, in a sign of intensified competition among the country’s top two video gaming publishers.

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May 13, 2024

Lenovo, Motorola face sales ban on mobile devices in Germany over patent dispute with US firm

A German court has ordered a sales ban on certain products from Chinese personal computer maker Lenovo and its smartphone subsidiary Motorola over a patent licensing dispute with US firm InterDigital.

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May 13, 2024

TikTok owner ByteDance takes steps to ensure certain Douyin influencers are responsible for third-party commercials

Douyin, the Chinese version of TikTok, has taken steps to ensure certain influencers are directly responsible for commercial content on their channels, a move could put a dent in their revenues.

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May 13, 2024

Japan's SoftBank Group trims investment losses but remains in red for fiscal year

Japanese technology company SoftBank Group says it trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as investment losses declined

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May 13, 2024

SoftBank posts second quarter of profit as AI boom lifts shares of chip designer Arm

The Tokyo-based company earned a better-than-expected net income in the March quarter, helped by investment gains.

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May 11, 2024

TikTok automatically tags external AI-generated content as Chinese version Douyin works on similar standard

Douyin is working on technologies similar to what has been adopted by TikTok to automatically label artificial-intelligence-generated content (AIGC).

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May 10, 2024

Alibaba opens new global headquarters in Hangzhou, China on annual family day

The sprawling campus, Alibaba’s third in Hangzhou’s Xixi area, is a sign of the e-commerce giant’s commitment to its home city.

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May 10, 2024

Baidu’s public relations head steps down after eye-popping remarks on work culture spark controversy in China

Qu Jing’s comments endorsing an intense workplace culture sparked a public backlash in China, where people have been speaking out against damaging office practices at Big Tech firms.

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