China Lures Billionaires Into Race to Catch US in AI
China’s tech sector has a new obsession: competing with US titans like Google and Microsoft Corp. in the
2023-06-28 07:21
Microsoft-Activision Game Deal Will ‘Damage’ PlayStation, Sony Executive Says
Microsoft Corp.’s acquisition of Activision Blizzard Inc. will deliver a blow to Sony Group Corp’s console business and
2023-06-28 04:58
Naspers, Prosus to Undo Cross-Holding to Boost Share Price
Prosus NV and its parent Naspers Ltd. received approval from South African regulators to remove a cross-holding structure
2023-06-27 15:53
Baidu Claims Its Ernie Bot Now Beats ChatGPT on Key Measures
Baidu Inc.’s ChatGPT-style service has outperformed OpenAI’s seminal product on several measures, China’s search leader said on Tuesday.
2023-06-27 12:47
Saudi Arabia Is Investing $38 Billion to Become a Video-Game Hub
The Saudi Arabian government is betting $38 billion on the country’s potential to become the next hub for
2023-06-23 17:48
Microsoft Says Even Rival Sony Had No Concern Over Activision Deal
Microsoft Corp. began its court fight with the Federal Trade Commission over the $69 billion purchase of Activision
2023-06-23 01:57
Microsoft, Activision CEOs to Defend $69 Billion Deal in Fight With FTC
Microsoft Corp. Chief Executive Officer Satya Nadella and Activision Blizzard Inc. CEO Bobby Kotick will be in court
2023-06-21 03:45
Optimism Rises in China Tech With World-Beating Rally
A world-beating rally in Chinese tech stocks this month is shoring up confidence that the once-beleaguered sector may
2023-06-20 10:54
Hong Kong’s $1.9 Trillion Stocks Await Boost From Yuan Trading
Hong Kong is betting that a new program allowing investors to trade equities in the yuan on top
2023-06-18 08:17
Prosus Issues Profit Warning as Tencent’s Earnings Decline
Prosus NV issued a profit warning for its fiscal 2023 after a decline in profit at Tencent Holdings
2023-06-14 17:55
TikTok-Owner Tests ChatGPT-Style Bot After Joining China AI Race
ByteDance Ltd. is testing an artificial intelligence-powered chatbot among employees, joining rival Chinese internet conglomerates from Alibaba Group
2023-06-09 11:21
Hillhouse Hires Ex-Deutsche Bank’s Hari for Private Credit
Asia-based asset manager Hillhouse has hired Deutsche Bank AG’s Siddhartha Hari to help expand private credit investments, according
2023-06-02 10:52