Tencent has said that it will sell shares in the music unit on a US stock exchange. It didn't provide a time line or details on the size of the proposed stock offering, but recent reports have suggested the move could value Tencent Music at more than US$30 billion.
Shares of Chinese smartphone maker Xiaomi opened for trade down more than 2% on their debut in Hong Kong on Monday, following a disappointing pricing and a listing delay in mainland China.
Hon Hai Precision Industry, also known as Foxconn Technology Group, has set up a new artificial intelligence company in California's Silicon Valley to improve its AI-based industrial internet capabilities.
Nikkei Asian Review
Amazon Go is a welcomed consumer experience, and more importantly, it may just be the first step on the path to a new American retail experience that is no longer just the stuff of science fiction movies.
Wall Street is obsessed with Tesla Model 3 production numbers. To some degree, this is understandable. But, according to one disruptive Wall Street analyst, Tesla's production numbers don't accurately reflect the bigger picture for Elon Musk.
Google recently rebranded Android Wear to Wear OS, and ever since then, there have been rumours about an upcoming Wear OS watch. Samsung is reportedly planning to adopt Google's Wear OS for its next watch.
Companies including Mazda Motor Corp, Daihatsu Motor Co and Mitsubishi Heavy Industries kept work halted at factories as power and water supply in wide parts of Hiroshima and Okayama have been cut off.
During the Mobile World Congress Shanghai 2018, China Mobile Pakistan (CMPak) demonstrated the achievements of technological innovation based on Huawei's SingleRAN Pro, which effectively improves network capacity and user experience and reduces site power consumption and operations costs. This is the first deployment of SingleRAN Pro in Pakistan.
Zebra Technologies - a company that makes handheld scanners, printers and other portable hardware, and develops the technology to tag things to be read by them - is acquiring Xplore Technologies, one of the older and bigger makers of ruggedized tablets and other hard-wearing hardware.
When Google introduced Google Duplex, its AI assistant designed to speak like a human, the company showed off how the average person could use the tech to save time making reservations and whatnot. What wasn't touched on was the possibility that Duplex may have a use on the other side of the line, taking over for call center employees and telemarketers.
Dell had taken his own company private for US$25 billion in 2013 and created the tracking stock to finance its US$67 billion purchase of VMware parent EMC in 2015. DVMT has since doubled in value, closing June 29 at US$84.58 per share.
Ericsson has announced the launch of a 5G innovation lab in India, with the Swedish networking giant saying it will encourage collaboration on 5G technologies and applications between telecommunications carriers, industry, startups, and academia.
Teraco Data Environments plans to invest about 1 billion rand (US$73 million) as Africa's largest data center operator expands infrastructure to meet rising demand. The closely held business will have spent 4.5 billion rand on building data services centers in South Africa when the current investment cycle ends in 2019.
Data Center Knowledge
Indian solar developer Azure Power has confirmed it has secured 600MW in a 2GW solar auction by Solar Energy Corporation of India (SECI).
Indian conglomerate Reliance Industries unveiled a fiber broadband system and said it will extend connectivity to 1,100 cities, stepping up its push to expand in the country's telecoms and Internet services sector.
IBM has secured a US$740 million agreement to become a central technology partner of the Australian government over the next five years. The contract will see services such as automation and blockchain provided to federal departments including defense and home affairs.
Intel will not be supplying Apple with radio chips in a future iPhone release, a report claims, with the chip producer said to have stopped development of parts that would have enabled 5G cellular communications on an upcoming version of Apple's smartphone.
Samsung Electronics is expected to post its smallest profit growth in more than a year in the second quarter, as lackluster sales of its premium Galaxy smartphones overshadow its highly profitable chip business.
After months of threats and skirmishes, the trade war between the United States and China is about to get serious.
UMC is turning out to be the perfect patsy in China's ongoing campaign to stick it to the US over technology, intellectual property and trade.
Wall Street Journal
At CEBIT 2018, Huawei and the European Advanced Networking Test Center (EANTC) announced that the Huawei AI Fabric Ultra-High-Speed Ethernet solution successfully passed EANTC's high-performance data center test, pioneering the ultra-high-speed network based on Ethernet.
A North Carolina maker of lighting products tried to convince the Trump administration that paying tariffs on its goods coming out of China would threaten its spending on research and jobs in the US.
The Wall Street Journal
For years, Facebook has insisted that it isn't a publisher or media company but rather is just a platform. That position appears to have changed in a recent court appearance. The Guardian pointed out the social media giant's legal defense referred to it as a publisher to bolster its case in a lawsuit.
Chinese tech darling Xiaomi, flush with cash from a private equity placement, thinks there's never been a better time to crack the US market. Senior VP Wang Xiang said it was developing US-specific smartphone models with a 2019 launch in mind, Reuters has reported.
Ericsson won a EUR600 million (US$700 million) contract to supply wireless equipment to Wind Tre, according to people with knowledge of the matter, dealing a blow to China's ZTE, which lost part of the deal after being barred from buying US technology.
Uber Technologies is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services, Bloomberg has reported, citing three people familiar with the matter.
V2X communication is still in its early stages, but Hyundai is determined to ensure that it won't be left playing catch-up in the future.
As first detected by German publication WinFuture, Microsoft has pushed a "portable computing device" through to the US Federal Communications Commission - that's likely to be a new Surface tablet.
At the end of last November, Google announced that Diane Bryant, who at the time was on a leave of absence from her position as the head of Intel's data center group, would become Google Cloud's new COO. This was a major coup for Google, but it wasn't meant to last. After only seven months on the job, Bryant has left Google Cloud.
The US has said it will allow the Chinese tech giant ZTE to temporarily re-start some business activities as it considers lifting a seven-year ban imposed on the firm earlier this year.
One case involved a Taiwanese unit of Idaho-based Micron Technology. On a spring day in 2016, a 41-year-old engineer for the unit opened his company laptop and, according to Taiwanese prosecutors, tapped into Google search: "clear computer use records."
Wall Street Journal
Chinese e-commerce giants such as JD and Alibaba are currently trialing blockchain to perfect their huge supply chains. The AI blockchain combo also has a bright future in market analysis and forecasting.
One year after India introduced a consumption tax, the results have been mixed. Hailed as one of the biggest reforms by prime minister Narendra Modi, the goods-and-services levy has helped increase tax collections in a country where compliance is historically low.
Fresh seafood restaurant Robot.He is located in Alibaba's Hema Supermarket, and a combination of conveyor belts, a robotic arm, and mobile carts on waist-high counters handle almost all of the waitstaff "legwork." They're guided by a software system that uses customer-submitted QR codes to figure out seating, ordering, and payment, via the Hema app.
ZTE has appointed a new board of directors in a bid to have its US trade ban lifted. As expected, the new board has strong links to the government in Beijing, just like the company's old board of directors. However, three of the eight directors have a legal background, and include one lawyer based in Hong Kong and two women.
Nvidia launched its current generation of GeForce gaming GPUs more than two years ago, and we might just see the next generation, rumored to be named the GeForce GTX 11 Series, in August. While Nvidia CEO Jensen Huang said the next GeForce GPUs would be "a long time from now recently, all signs now point toward next month for the launch of the GeForce GTX 1180.
Facebook has revealed which businesses it gave special rights to access users' data after it had shut others out. It listed the companies as part of a lengthy response to US politicians' questions about its practices, which it published at the end of last week. It said 61 companies had been given a temporary exemption to a block on apps accessing details about users' friends.
Perhaps rightly, there has long been a perception that Google-owned Deepmind has been the most aggressive in hoovering up a lot of the UK's best talent in artificial intelligence, but now Facebook appears to be turning its eye to the country. TechCrunch understands that the social network behemoth is acquiring London-based Bloomsbury AI, a startup that has built natural language processing (NLP) technology to help machines answer questions based on information gleaned from documents.
Photos of an adapter labeled "engineering sample" surfaced this weekend on Chongdiantou.com, as spotted by Macotakara, and were reportedly taken by someone in Apple's supply chain.