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Alibaba forms joint venture with Russian fund, Megafon and Mail.ru

China’s largest e-commerce firm, Alibaba Group Holding Ltd, has set up a joint venture with the Russian Direct Investment Fund, …read more Source: Reuters Tech News

China’s Netease says finance site to rectify ‘irregular practices’

Chinese internet company Netease said on Tuesday it would stop updating its finance website from today to rectify what it …read more Source: Reuters Tech News

Ottobock reaches for growth with industrial exoskeletons

German artificial limb manufacturer Ottobock plans to start selling a mechanical exoskeleton that makes manual labor for factory workers easier …read more Source: Reuters Tech News

Grab partners with Vietnamese firm for payment service

Grab announced on Tuesday its partnership with Vietnam’s MOCA Technology and Service company (Moca) for a mobile payment service in …read more Source: Reuters Tech News

Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars

Japan’s Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) for $6.7 billion, …read more Source: Reuters Tech News

Japan’s Renesas to buy U.S. chipmaker IDT for $6.7 billion

Japanese chipmaker Renesas Electronics Corp said on Tuesday it had agreed to buy U.S. peer Integrated Device Technology Inc …read more Source: Reuters Tech News

Russia-China to invest in hi-tech development

The Russia-China Investment Fund (RCIF) and China’s Tus-Holdings on Tuesday announced joint investment plans focusing on developing technology, which would …read more Source: Reuters Tech News

Japan’s Renesas says it will buy U.S. chipmaker IDT for $6.7 billion

Japanese chipmaker Renesas Electronics Corp said on Tuesday it had agreed to buy U.S. peer Integrated Device Technology Inc …read more Source: Reuters Tech News

China’s transport ministry to conduct checks on ride-hailing industry through end-2018

China’s transport ministry said on Monday it will conduct checks on the ride-hailing industry through the end of this year …read more Source: Reuters Tech News

Snap chief strategy officer leaves in latest executive departure

Snap Inc , the parent of Snapchat messaging, said on Monday Chief Strategy Officer Imran Khan will step down, the …read more Source: Reuters Tech News