Beijing-based Chinese children’s graded on-line reading platform Koala Reading has raised a US$20 million series B round led by GGV Capital and XVC Venture Capital, according to the company’s announcement.
Lianxing Capital Raises Strategic Investment From Huobi, JLAB and Gobi Venture Capital
Lianxing Capital has raised strategic investment from many institutions including Huobi Global Ecosystem Fund, JLAB, and Gobi Venture Capital among others.
Chinese Smart Navigation Start-up Wayz.ai Raises $80M Series A Round
Smart location and mapping service start-up Wayz.ai announced that it has raised a US$80 million series A round from undisclosed investors.
Global Over the Top Market 2018-2022 to Post a CAGR of 17% | Technavio
LONDON–(BUSINESS WIRE)–#ITServices–Technavio analysts forecast the global over the top market 2018-2022 to
grow at a CAGR of more than 17% during the forecast period, according to
their latest market research report.
…
RSA Conference 2018 Asia-Pacific & Japan Announces Keynote Stage Line-up
Evolving government regulations, new privacy laws and C-suite
concerns take center stage as sixth regional event’s keynote stage
line-up sees public-sector representation and voices
SINGAPORE–(BUSINESS WIRE)–RSA
Con…
Global $77.1 Billion Application Hosting Market Analysis 2017-2018 – Forecast to 2023 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Global
Application Hosting Market Analysis (2017-2023)" report has
been added to ResearchAndMarkets.com’s offering.
The Application Hosting Market size is expected to reach $77.1 billion
…
Global Opportunity Outlook on the Smart Classroom Market 2018-2022: Key Players Featured are Apple, Cisco Systems, Foxconn Electronics, IBM and Microsoft – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Global
Smart Classroom Market 2018-2022″ report has been added to ResearchAndMarkets.com’s
offering.
The Global Smart Classroom Market is expected to grow at a CAGR of
10.61% during the…
China Binary Sale Technology Partners with Microsoft to Launch MasterDAX
TAIPEI, Taiwan–(BUSINESS WIRE)–#ChinaBinarySaleTechnology–Focusing on the unlimited commercial potential of blockchain technology,
Microsoft, China Binary Sale Technology, and High Cloud announced the
launch of a tripartite strategic c…
India Network-based Advanced Malware Analysis (NAMA) Solutions Market – Forecast to 2021 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "India
Network-based Advanced Malware Analysis (NAMA) Solutions Market,
Forecast to 2021″ report has been added to ResearchAndMarkets.com’s
offering.
The Indian NAMA market experienced a…
Indonesian Social Insurance Company Adopts Riverbed SD-WAN and Cloud Networking Solution to Simplify Networking and Connect 860 Locations Nationwide
PT Jasa Raharja to implement Riverbed SteelConnect as part of a
modern IT infrastructure aimed at increasing agility, reducing costs and
accelerating digital transformation
SAN FRANCISCO–(BUSINESS WIRE)–Riverbed®, The Digi…
Keihin Switches to Rimini Street Support for Oracle EBS
Leading Japanese automotive parts manufacturer gains premium
support while saving significant IT costs to help fund innovation
LAS VEGAS–(BUSINESS WIRE)–#RiminiStreet–Rimini
Street, Inc., (Nasdaq: RMNI), a global provider…
Toshiba Memory Corporation to Deliver Value SAS SSDs Targeting SATA Applications
New RM5 vSAS Series Brings Improved Performance, Reliability and
Capacity at a Price Point that Enables SATA Replacement in Servers
TOKYO–(BUSINESS WIRE)–Toshiba
Memory Corporation, the world leader in memory solutions, to…
Why Did Google Invest In China’s JD.Com? Here’s What Experts Think
News came yesterday that Google would invest US$550 million in cash in China’s second largest retailer JD.com Inc., as part of a strategic partnership. The two partners plan to collaborate on a range of strategic initiatives, including joint development of retail solutions and making some products of JD.com available for sale through Google Shopping channels in multiple regions.
Hans Tung: Eight Lessons From The Rise Of Chinese Short Video App Douyin
What is the most popular app in China? You’re probably thinking WeChat. Though that might still be true, WeChat now has a serious challenger whose meteoric rise has taken China by storm (and WeChat’s owner Tencent by surprise). That is Douyin (抖音, literally “shaking sound” in Chinese), one of the most popular short video apps in China, as well as worldwide. It is owned by ByteDance (a.k.a Toutiao), an AI-driven media company in China and one of the world’s most …
Facebook Shares Data With Four Chinese Device Makers, Including Huawei
Social media giant Facebook Inc has admitted that it shares user data with at least four Chinese companies, including Huawei Technologies Co., Ltd., the Chinese telecommunications company whose products are deemed a security threat by the U.S. government, according to a New York Times report.
Wanda Joins Tencent To Set Up Technology Joint Venture To Promote Omni-Channel Retail
In a move that further threatens Chinese e-commerce giant Alibaba Group Holding’s dominance in omni-channel retail, Chinese conglomerate Dalian Wanda Group will join tech giant Tencent Holdings Ltd. to set up an Internet technology firm to strengthen its position in retail, according to Wanda’s announcement.
Qihoo 360 Finds Security Flaws In EOS, But Both Parties Disagree What Really Happened
Qihoo 360, China’s largest internet security company, said that it had identified a high-risk security vulnerability on the EOS network. The bug was fixed around 24 hours later by EOS today, though both parties seem to disagree what really happened and how serious the flaw was.
China’s iFlytek To Raise $567M To Expand Artificial Intelligence Investment
Chinese artificial intelligence company iFlytek Co Ltd., best known for its voice-recognition technology, plans to raise up to RMB3.6 billion (US$567 million) through private placement to expand its artificial intelligent investments, according to its security filing.
Fomer Microsoft Partner Li Shipeng Joins iFlytek To Lead AI R&D
Li Shipeng, a former Microsoft partner and founding member of Microsoft Research Asia, has joined Chinese artificial intelligence company iFlytek Co Ltd., best known for its voice-recognition technology.
US Bans Technology Exports to China’s ZTE Over Trade Sanction Violations
U.S. companies have been banned for seven years from selling equipment to Chinese telecommunications company ZTE Corp. The ban stems from an earlier case in which ZTE plead guilty to violating U.S. trade sanctions on Iran.
Cheetah Mobile Enters Robotics Sector With New Consumer, Business Robot Products
Chinese mobile Internet company Cheetah Mobile Inc. (NYSE: CMCM) has unveiled a series of artificial intelligence-powered smart devices and robotics products in a glitzy event held last night in Beijing’s National Aquatics Center.
Former Microsoft AI Principal Researcher He Xiaodong Joins JD.Com
He Xiaodong, former principal researcher at Microsoft Research’s artificial intelligence unit will join JD.com as vice president working at JD.com’s AI lab, according to local media.
Baidu Sets Up New Department To Push Ahead On Smart Hardware Business
Baidu, one of China’s Internet and tech titans, announced plans to integrate three departments into one called the Smart Living Group (SLG) to consolidate and streamline its businesses in the smart hardware sector.
Grail IPO Tests Hong Kong’s Commitment To Duel-Class Listings For Tech Companies
U.S.-based cancer detection start-up Grail Inc. is reportedly planning an initial public offering on the Hong Kong Stock Exchange in what could be the first test of the city’s proposed duel-class listing system for tech companies.
Former Autodesk Director Wang Lifeng Joins 51HiTech As CTO
Wang Lifeng, a visual technology expert who previously worked as a director at Autodesk Software (China) Co., Ltd., and a researcher at Microsoft Corporation, has joined 51HiTech, a Beijing-based virtual reality and augmented reality start-up as chief technology officer, according to the firm’s announcement on its WeChat account.
Sequoia China Leads $40M Series C Round In US Fraud Detection Solution Provider DataVisor
Sequoia China has led a US$40 million series C round in Mountain View-based artificial intelligence-powered fraud detection solution provider DataVisor, according to an announcement.
WeWork Fortifies 2018 Growth By Launching the Creator Awards To Energize Greater China’s Innovation Ecosystem
Hong Kong, China, February 6, 2018 /ChinaNewswire.com/ – WeWork Fortifies 2018 Growth By Launching the Creator Awards To Energize Greater China’s Innovation Ecosystem -Building on achievements and robust business momentum in Greater China, 2017 was also the biggest year in WeWork’s 7-year history -By the end of 2018, WeWork will be accelerating its development to… Read More
Baidu Autonomous Drivings Vice President Wu Xuebin Resigns
China’s tech giant Baidu Inc. is again losing artificial intelligence talent. Wu Xuebin, Baidu’s vice president in charge of autonomous driving has resigned, just as the company is accelerating its push into autonomous vehicles.
Baidu Launches Two New AI Labs In China With Newly Hired Scientists From US
Chinese tech giant Baidu Inc. has established two new labs under its Baidu Research division, as part of its push to strengthen fundamental artificial intelligence (AI) research and development, the company said today.
China’s Baidu, Singapore’s AMI Plan $200M Fund For Apollo Autonomous Driving Platform
Chinese tech giant Baidu Inc. has teamed up with Singapore technology conglomerate Asia Mobility Industries (AMI) to establish a US$200 million joint venture fund to promote Baidu’s open-source autonomous driving platform Apollo.
Baidu, Nvidia, ZF Launch AI Autonomous Vehicle Platform For China
Baidu Inc. has teamed up with U.S.-based chip developer Nvidia Corp. and German car parts maker ZF Friedrichshafen AG to create a production-ready artificial intelligence autonomous vehicle platform designed for China, as the Chinese tech company continues to double down on autonomous driving businesses.