Chinese unicorn Royole founder chases college dream of transforming human-machine interface

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By offering a solution to the conflict between visual experience and portability, he figures Royole can overhaul the devices by which most information is absorbed these days.

Royole Corporation

Hong Kong telco HKBN to merge with TPG-owned fixed-line operator in $1.34b deal

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HKBN will issue WTT owners TPG and MBK Partners its shares and vendor loan notes.

Baidu’s billionaire CEO Robin Li declares he can beat Google again

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Google is looking at ways to re-enter China, home to the biggest pool of internet users, through a search app that complies with Chinese censorship

Google in talks with Tencent, others to offer cloud services in China

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A tie-up with large Chinese tech firms like Tencent and Inspur would give Google powerful allies as it attempts a broader return to mainland China, where it pulled its search engine in 2010 over censorship concerns.

Search giant Baidu’s profit, sales beat estimates in signs of recovery

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That marks the sixth straight quarter of revenue growth at the company and Chief Executive Officer Robin Li welcomed the result as evidence of growing momentum. But he also warned investors not to expect “any meaningful revenue” from its AI-driven driverless cars and personal assistants in the coming quarters.

Data marketplace ODX raises $60m to bring free internet to emerging markets

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ODX has raised $60 million in a private token sale participated by technology and blockchain space players

Chinese startups hit accelerator in self-driving car race

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A clutch of Chinese startups are accelerating efforts to get autonomous vehicles onto roads in the world’s biggest auto market, a country their American peers from Alphabet Inc.’s Waymo to General Motors Co.’s Cruise may find tough to crack.

Scooter makers ride high with growing demand from well-funded rental startups

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Investors poured $3.5 billion into scooter- and bike-rental startups globally for the first half of 2018, according to data firm CB Insights.

Facebook quietly sets up subsidiary in China despite hardening censorship

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The subsidiary is registered in Hangzhou, home of e-commerce giant Alibaba Group Holding Ltd

SoftBank-backed Mapbox targets ride-hailing, self-driving cars

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The provider of mapping data for Tinder, Evernote and Facebook Inc. in October raised $164 million in a funding round led by the SoftBank Vision Fund.