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Alibaba investors hail e-commerce giant’s AI pivot as it plots major investment outlay

Alibaba’s Hong Kong-listed shares surged 15 per cent to close at HK$138.50 on Friday, following an 8 per cent gain…

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New Business

Google to open its first physical stores in India, taking on Apple, sources say

Alphabet’s Google was close to deciding on locations in its key market of India where it would open its first…

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New Business

Apple unveils US$599 iPhone 16e, a budget AI handset to compete with Huawei, Samsung

Apple launched on Wednesday a budget-minded phone with artificial intelligence (AI), the iPhone 16e, designed to win back mid-market customers…

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New Business

Semiconductor giant TSMC considers running Intel’s US factories at Trump team’s request

Taiwan Semiconductor Manufacturing Co (TSMC) is considering taking a controlling stake in Intel Corp’s factories at the request of Trump…

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Apple, Google restore TikTok app in US after Trump halts enforcement of ban

The two companies had removed TikTok in the US last month to comply with a law passed in 2024. In…

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New Business

‘They’re hiring less’: China’s ‘iPhone City’ falls quiet as market rivalry intensifies

Yukang, a cluster of housing complexes, restaurants and supermarkets on the outskirts of the central Chinese city of Zhengzhou, used…

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New Business

Exclusive | Alibaba pairs with Apple to develop AI features for China iPhones: sources

China’s Alibaba Group Holding has entered a partnership with US consumer electronics giant Apple to develop AI features for iPhones…

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UBS likes US stocks and bonds as Trump’s pro-business policies float all boats

UBS Asset Management is bullish on US equity and bond markets this year, saying President Donald Trump’s pro-business and deregulation…

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New Business

DeepSeek’s growth in China surges past ByteDance’s Doubao in AI app race

The chatbot app from artificial intelligence (AI) sensation DeepSeek has overtaken Doubao, the equivalent product from TikTok parent ByteDance, as…

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New Business

DeepSeek attracts China’s young jobseekers as AI firm ramps up recruitment

DeepSeek, China’s hottest tech start-up, has become one of the most coveted destinations for young jobseekers across the country, as…

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