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Growing Tech Layoffs and What It Means for the Sector

Since the beginning of the year, there have been around 210,000 layoffs at big tech companies in the US. In…

A Tech Crackdown Hits Alibaba Profit by Nearly 60%

A Tech Crackdown Hits Alibaba Profit by Nearly 60%

China's economy has been battered by the fallout from strict COVID-19 curbs including lockdowns and transport restrictions that have kept…

Asia Pacific outlook: Surge in data centers

According to Cushman & Wakefield, the Asia Pacific data center market is poised to become the world’s largest data center…

Alibaba Cloud invests US$1 billion to nurture Asia-Pacific digital talent pool

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, launched Project AsiaForward with an initial USD1 billion funding…

The role of telecoms in a growing big data analytics market

In today’s data-driven world, more organizations are investing in big data analytics to improve business performance and build business resiliency…

Japanese conglomerate sees its net profits soar by 50%

Japanese conglomerate SoftBank has seen its net profits soar by a whopping 50%. The company is attributing its success to…

China Tower seeks $8.7 billion IPO

China's state-owned China Tower, the world's largest operator of telecommunications towers, announced it will aim for an $8.7 billion initial…

Chinese smartphone maker announces pioneering listing plan

Chinese smartphone manufacturer Xiaomi has announced that it will embark on a pioneering listing program that will see them issue…

SK Telecom and Alibaba to enter discussions over development of ICT blueprint

South Korean telecommunications incumbent SK Telecom and China’s global e-commerce Alibaba have entered into discussions in an effort to develop…

Chinese e-commerce leaders double profits as phenomenal success continues

Chinese e-commerce giants Alibaba has enjoyed another incredible financial quarter as it overseen its profits double - as its phenomenal…