By Bloomberg News
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
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.
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.
ODX has raised $60 million in a private token sale participated by technology and blockchain space players
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.
Investors poured $3.5 billion into scooter- and bike-rental startups globally for the first half of 2018, according to data firm CB Insights.
The subsidiary is registered in Hangzhou, home of e-commerce giant Alibaba Group Holding Ltd
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.
The lab will analyse data provided by Grab to map out traffic patterns and identify ways to directly impact mobility and liveability in cities across the region.
Fink said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand.