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Shanghai Industrial Technology Research Institute signs IoT collaboration MoU with IEEE

Shanghai Industrial Technology Research Institute (SITRI) and the IEEE Technical Committee on Cyber-Physical Systems, an IEEE constituency which aims at promoting interdisciplinary research and...

Esri, NGCC deal lets customers access authoritative cartographic data on China

Mapping platform company Esri, and the National Geomatics Center of China (NGCC) held a signing ceremony in Beijing, China, have signed an agreement that...

The Virtual Reality Company raises $23 million to create original VR content

The Virtual Reality Company (VRC), a Los Angeles-based VR production company, has raised $23 million in equity financing. The equity investment was made by Hengxin Mobile Business,...

China’s Fujian Rural Credit Selects IBM For Storage And Cloud Solutions

China's Fujian Rural Credit (FJRC) has selected IBM for its storage infrastructure and cloud-based financial applications. The new services include convenient service outlets, mobile service...

YG Entertainment Is Raising $85M

Korean content provider YG Entertainment is raising $85 million from Tencent and Weiying Technology. Min-Suk Yang, CEO of YG Entertainment, will sign the investment agreements in...

Brocade, Guiyang High-Tech Industrial Investment Group launch China JV

Brocade and the Guiyang High-Tech Industrial Investment Group (HTII), have signed a joint venture agreement to establish Guizhou Huiling Technology (GHTC). The joint venture combines...

Study: China’s Government Fabricates About 488 Million Social Media Posts Every Year

The Chinese government fabricates about 488 million social media posts each year, according to new research. Read about it on NPR.

Kateeva Raises $88M Series E Round

Kateeva, a Newark, California-based company working on an inkjet printing manufacturing equipment solution for OLEDs that can be used to mass-produce bendable displays that can...

China Leads APAC In Online Tech Purchasing

Online Chinese consumers are the definitive regional leaders in anticipated online tech purchases and early tech adoption – far outpacing consumers in other developing...

Fitbit, Alibaba Ink Chinese Expansion Deal

Fitbit and Tmall.com, the Chinese platform for brands and retailers owned by Alibaba Group, have signed a memorandum of understanding (MoU) to expand Fitbit’s reach in...

Baidu Forms Autonomous Vehicle Team In Valley

Chinese search giant Baidu has formed a self-driving car team in Silicon Valley, says the company. The team will focus on research, development and...

Worldwide IT Spending To Decline 0.5 Percent

Worldwide IT spending is forecast to total $3.49 trillion in 2016, a decline of 0.5 percent over 2015 spending of $3.5 trillion, according to...

AsiaInfo To Acquire Trend Micro Chinese Subsidiary

AsiaInfo Technologies, a Chinese provider of IT solutions and services in the telecommunications industry, is acquiring all of Trend Micro China’s business, including licensing of product...

Chinese Used Car Auction Site Uxin Raises $170M

One of China’s largest online used car auction company Uxin has raised $170 million from Baidu, KKR, and Coatue. The funding round, which closed on March...

Xiaomi Raises $1.1B

Chinese smartphone manufacturer Xiaomi has raised $1.1 billion in a round of funding. The latest investment pegs the company at a valuation of roughly $45...