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Qutoutiao, three-year-old news, and video aggregation startup, just received $171 million in a convertible loan from Alibaba. This transaction is said to be converted into about 11.4 million shares of Qutoutiao for $15 per American depositary shares. This significant...
OnePlus, a Chinese smartphone manufacturer announced that it would be expanding its business in India. The company plans to unveil three of its latest experience stores in India. The launch event will take place on July 28th which will...
Chinese domestic smartphone companies have become a severe threat to all their smartphone competitors in China. Just in, the Japanese multinational conglomerate corporation has decided to close its smartphone plant in Beijing in the next few days. The announcement was...
According to a U.S. trade judge, Apple Inc. infringes a Qualcomm Inc. patent. As a result, some imported iPhones should be blocked from the U.S, said the judge before the U.S. International Trade Commission. ITC Judge Mary Joan McNamara told...
Samsung has issued a surprise profit warning, blaming a significant drop in memory chip prices and decreased demand for display panels. It is the latest sign that technology firms are facing stricter times amid a global economic slowdown. This warning...
The European Union (EU) diminished the probability of a ban on Huawei which was circulating in the media since Tuesday. EU made it clear that there was no need for its member countries to ban Huawei from their wireless...
GoPro CFO, Brian McGee, admitted a reduced production result in the year of 2018, in a conference. Last year, the company planned to manufacture about 5 million cameras, but only managed to produce approximately 4 billion. The primary reason...

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