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Shanghai Daily,上海日报
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Tech capital fund set up

Shanghai has set up an equity investment fund to help tech startups promote scientific and technological innovation....

September 25, 2017, Monday


Baidu to fund US$1.5b in driverless cars

Baidu yesterday announced a US$1.5 billion investment in autonomous driving projects over the next three years, as it seeks to diversify its portfolio and compete with rivals such as Google....

September 22, 2017, Friday


Online fund for learning via AI set up

Hujiang, Shanghai’s top online learning platform, said today that it will set up an online education fund with two partners, which aims to tap artificial intelligence....

September 22, 2017, Friday


Google buys HTC’s Pixel division

GOOGLE is biting off a big piece of device manufacturer HTC for US$1.1 billion to expand its efforts to build phones, speakers and other gadgets equipped with its arsenal of digital services. It’s buying ...

September 22, 2017, Friday


Bain Capital buys Toshiba chip unit

Japan’s Toshiba Corp agreed yesterday to sell its prized semiconductor business to a group led by US private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed ...

September 21, 2017, Thursday


Apple’s iOS 11 set to revamp App Store

Apple Inc’s newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and add new so-called augmented reality apps....

September 20, 2017, Wednesday


Apple, Dell join bid to obtain chips

US tech titans Apple and Dell have joined a bid to buy Toshiba’s memory chip business, a deal seen as key to the survival of the cash-stripped Japanese industrial conglomerate, the US investor leading...

September 18, 2017, Monday


Samsung eyes Note 8 to win back share

SAMSUNG aims to regain market share and consumer awareness in China with its new flagship model, Galaxy Note 8, which starts selling on September 29. During a conference held in Beijing yesterday, Samsung ...

September 14, 2017, Thursday


Toshiba decides on chip suitor

Toshiba’s used-memory chips are seen at an electronics shop in Tokyo. Cash-strapped Japanese industrial giant Toshiba said yesterday that it had picked a consortium led by US investor Bain Capital as the leading candidate to buy its prized chip business in a deal reportedly worth some US$18 billion. The development was the latest twist in a long-running saga as Toshiba agonizes between three groups of suitors for its lucrative chip business. The Bain Capital-led group also includes state-backed Development Bank of Japan and the public-private Innovation Network Corp of Japan as well as South Korean chipmaker SK Hynix....

September 14, 2017, Thursday


Yitu banks on AI growth

YITU Technology seeks to expand its artificial intelligence services into the medical and finance industries, the Shanghai-based startup said yesterday. Zhu Long, chief executive and co-founder of Yitu, ...

September 13, 2017, Wednesday


 

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