Lenovo announced the appointment Ricardo Bloj as new president for its Brazil business. Bloj joined Lenovo’s Brazil branch as chief operating officer in 2016 and he was promoted to president as replacement for Silvio Stagni. Stagni departed Lenovo Brazil at the beginning of 2017 and joined Allied, a local information ...
Read More »Ant Financial teams up with Indonesia’s EmTek to get foot in the door
Alibaba is executing its strategy to win Southeast Asia through its firms, such as Ant Financial, to ink partnerships and make acquisitions. Source: Reuters ALIBABA’S Ant Financial has been on an expansion spree, by way of acquisition and partnering with top firms in markets of interest. Its latest move in ...
Read More »TechCrunch is hosting our first event in Shenzhen this June!
Four years after we made our TechCrunch China events a twice-annual affair in Beijing and Shanghai, we are very proud to announce that we will host the event in Shenzhen, known as ‘The Silicon Valley For Hardware,’ for the very first time this coming June! This is hugely exciting for us ...
Read More »Zhaopin.com Reaches Go-private Agreement
Chinese pioneering recruitment website Zhaopin.com, which previously received three privatization proposals, announced that its board of directors has reached a privatization agreement with a consortium led by its controlling shareholder and the offer price is USD18.2 per ADS. Zhaopin said that the consortium comprises its controlling shareholder SEEK International Investments, ...
Read More »Apple mulls multi-billion dollar investment in Toshiba chip unit – NHK
Apple logo is pictured inside the newly opened Omotesando Apple store at a shopping district in Tokyo, Japan. Source: Reuters/Yuya Shino APPLE Inc. is considering investing at least several billion dollars in the chip business put up for sale by Toshiba Corp., public broadcaster NHK reported, citing an unidentified source. Apple ...
Read More »Elk is a zero clutter currency converter app
There’s no shortage of currency converter apps for travelers to load onto their iPhones, but there’s also no shortage of badly designed currency converter apps — so the simplicity and speed of this nicely designed newcomer Elk stands out. Which perhaps explains why its app icon is a bull elk, rather than a boring ...
Read More »China’s Unic To Acquire U.S. Semiconductor Test Company For USD580 Million
Unic Capital Management, a subsidiary of Sino IC Capital Co. Ltd., agreed to acquire U.S. semiconductor test company Xcerra Corporation for USD580 million. Unic will purchase Xcerra at the price of USD10.25 per share in cash. As a result of the news, Xcerra shares gained 7% increase to close at ...
Read More »Jay Z, Spotify, and exclusives: How music distribution is changing
SPOTIFY pulled most of rapper Jay Z’s catalog of music from its streaming platform last Friday at the request of the artist, who owns Tidal – a smaller streaming service whose subscriber base trails behind Apple Music and Amazon. As of Saturday, none of the rapper’s 12 studio albums were ...
Read More »HackerEarth raises $4.5M to bring ‘hacker culture’ into corporate companies
HackerEarth, an Indian startup that grew from arranging hackthon to offering corporate innovation services, has closed a $4.5 million Series A funding round. The Bangalore-based company said the funding was led by DHI Group, which operates U.S. IT recruitment portal Dice.com, with participation from Japanese quartet Beenext, Beenos, Digital Garage, BizReach and ...
Read More »Lenovo Launches AP Data Center Partner Program
Chinese PC maker Lenovo has started a new Asia Pacific data center partner program aiming to help Lenovo’s channel partners provide the best data center solutions to the enterprise market. Sumir Bhatia, vice president of Lenovo’s Asia Pacific data center, said that they are excited to launch the Lenovo data ...
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