Google Co-founders Step Down as Alphabet Executives
Google co-founders, Larry Page and Sergey Brin, have stepped down as Alphabet CEO and president, respectively. Following their stepping down, Sundar Pichai will take over as Alphabet CEO, adding to [...]
Huawei to Move Research Facilities From US to Canada
Huawei is moving its research facilities from the US to Canada following continued sanctions on the company by US. According to the company CEO, the move is necessary because Huawei [...]Asia's FinAccel Raises $90 Million For Expansion
Singapore based Fintech firm FinAccel has raised $90 million (KSh9.2 billion) in its latest series C funding. This comes at a time when the firm is seeking to grow its [...]World's Highest Valued Fintech to Spend $1 Billion in Expansion Plans
Alibaba's Ant Financial, and the world's highest-valued Fintech, is set to spend $1 billion in expansion plans to India and Southeast Asia. According to Ji Gang, vice president of Ant [...]China-Russia Natural Gas Pipeline Begins Operation
The China-Russia east-route natural gas pipeline has kick-started its operations. It is the first natural gas pipeline between China and Russia. It is also the first cross-border gas pipeline in [...]Self-Driving Taxis Hit Roads in China's Guangzhou City
WeRide, China's smart mobility company, has launched the pilot period of self-driving taxis in Guangzhou, capital of south China's Guangdong Province. During the launch, a number of L4-class autonomous driving [...]Huawei Launches Cloud Service in Brazil
Huawei Technologies has launched its cloud service in Brazil, which is run through an artificial intelligence platform. With the technology upgrade, Huawei is now set to compete against technological giants [...]De La Rue Plc Shares Crash as Turnaround Fails to Succeed
De La Rue Plc shares dropped by as much as 24% on Tuesday after the company issued a warning that it would possibly collapse if a turn around plan does [...]Air India Resumes Flights to Nairobi
Air India has relaunched its flights to Nairobi, a move that seeks to boost tourism between the two countries. This comes after the airline's flight from Mumbai to Nairobi landed [...]Louis Vuitton to Acquire Tiffany at $16.2 Billion
Fashion house Louis Vuitton (LVMH) is in the process of acquiring Tiffany store at a cost of $16.2 billion. This makes it the biggest luxury brand acquisition ever. Therefore, the [...]France Includes Huawei in 5G Rollout
France has announced plans to include Huawei Technologies in its 5G equipment rollout. This comes after the country, through its Telecommunications Regulator, Arcep, began the sale of 5G spectrum. This [...]Alibaba Debuts in Hong Kong Stock Exchange
Alibaba has listed on the Hong Kong Stock Exchange in one of the most anticipated stock offerings. Daniel Zhang, Alibaba's chairman expressed his gratefulness in Alibaba's return to Hong Kong. [...]
