Mukesh Ambani is poised to overtake Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries to disrupt the e-commerce space in India.
With Indian organisations already spending heavily on public Cloud services, time is now right to do business in the country, a top executive from Alibaba Cloud, the cloud computing arm of Chinese giant Alibaba Group, said.
Facebook has apologised for labelling 65,000 Russians as "interested in treason," putting them at potential probe risk by the Russian law enforcement officials and the government, the media reported.
hinese guests at Marriott International, the world’s largest hotel chain, may soon be able to check in with a quick scan of their facial features.
At 9:49 am ET the Dow Jones Industrial Average was up 193.11 points, or 0.79%, at 24,649.59, the S&P 500 was up 15.33 points, or 0.56%, at 2,775.15.
U.S. stock index futures rose on Monday, drawing strength from healthy U.S. jobs data last week that helped investors look past rising trade tensions between the United States and China.
Ant Financial’s record-setting $14 billion funding round led sovereign investor transactions in the second quarter against a backdrop of rising interest in tech-related start-ups, although overall deal values fell slightly.
CMC Inc said that it had raised around 10 billion yuan ($1.49 billion) in a fund-raising round from investors including rival tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd.
Losses in shares of technology and industrial companies dragged Wall Street lower on the first trading day of the second half of this year, as risk of an escalating tariff war between Washington and its trading partners continued to weigh on sentiment.
China’s Baidu Inc said on Wednesday its board approved a plan to buy back up to $1 billion of its shares, with repurchases taking place over the next 12 months.