Tencent promises its technology will do good
May 9, 2019

Tencent, one of Asia’s most valuable companies with a current market cap of around $460 billion, has introduced a new motto after co-founder and CEO Pony Ma said this week he wanted “tech for good” to be part of Continue reading

How Nuro plans to spend Softbanks $940 million
April 13, 2019

Autonomous delivery startup

A recent patent application details how its R1 self-driving vehicle could carry smaller robots to cross lawns or climb stairs to drop off packages. The company has even taken the step of trademarking the name “Fido” for Continue reading

Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic
March 28, 2019

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite.

As part of a new pilot program, Blade has given 200 people in San Francisco Continue reading

Baidus video site iQiyi adds 37M subscribers in 2018 amid mounting losses
March 4, 2019

China’s Baidu, which is often compared to Alphabet’s Google, is showing no signs of slowing down its pace of betting on video content as its core advertising unit feels the squeeze from rivals. The company’s latest financial results show its Continue reading

Nexon founder hints at plan to sell his $9B majority share in gaming giant
January 12, 2019

The founder of Korea’s Nexon, one of the biggest gaming companies on the planet, today appeared to acknowledge his intention to sell his controlling interest for around $9 billion.

The divestment has been a hot rumor after a report from newspaper Korea Economic Continue reading