May 31, 2018

FII (Foxconn Industrial Internet) will use the funds to develop smart manufacturing, cloud computing and 5G technology

Alibaba, Tencent and Baidu, mainland China’s three biggest internet conglomerates, will become major shareholders in Foxconn Industrial Internet after...

May 30, 2018

SQream DB, a powerful SQL analytical database, enables companies to analyze up to 20 times more data, up to 100 times faster, at as little as 10% of the cost and administration. SQream DB harnesses the power of thousands of parallel processing cores in NVIDIA GPUs. The...

May 29, 2018

Healthcare spending in China will hit $1 trillion by 2020

Chinese e-commerce giant Alibaba Group will sell some healthcare assets from their Tmall online platform to their Hong Kong listed subsidiary Alibaba Health Information Technology in order to consolidate their he...

May 29, 2018

ZTO investment to tap New Retail opportunities and further digitalize China's logistics industry.

Investors led by Alibaba Group and its Cainiao unit will invest $1.38 billion for an approximate 10% stake in Chinese express delivery company ZTO Express, the companies sa...

May 27, 2018

China's State Council has issued a guideline to promote health services using Internet technologies.

The guideline on "Internet Plus healthcare" says Internet technologies should be used to offer medical and public health services, promote family doctor practices, impro...

Planned tariffs for Chinese imports will hurt American consumers and American manufacturers dependent on parts from China, said Mr. Hu, who led Goldman Sachs to become one of the earliest investors in Chinese e-commerce behemoth Alibaba

There are no winners in trade war...

May 26, 2018

Israel’s flagship bourse is partnering with Singapore Exchange Ltd. in a bid to keep the momentum going from last year’s IPO surge.

The Tel Aviv Stock Exchange, which saw a rebound in initial public offerings and trading volume in 2017, is working with Singapore to conv...

Israel has over 600 smart car and transport startups. "Globe" looks at some of the lesser known promising companies.

Ecomotion, the Israeli auto-tech community's annual event, is taking place today in Tel Aviv Port. The latest count shows that over 600 smart transportat...

May 23, 2018

Israeli startup uses artificial intelligence algorithms to match eligible businesses with relevant lenders, facilitating loans in less than 24 hours

Israeli business loan startup Lending Express announced on Tuesday it has raised $2.7 million in a seed investment round...

May 22, 2018

Innovation Endeavors, a venture capital firm owned by former Google CEO Eric Schmidt, has raised $333.5 million from 69 investors according to a Monday filing with the U.S. Securities and Exchange Commission. The firm originally aimed to raise $300 million.

Established...

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