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Baidu to acquire Joyy’s Chinese live-streaming service YY for $3.6B

Baidu to acquire Joyy’s Chinese live-streaming service YY for .6B Baidu said on Monday it is acquiring Joyy’s live streaming service YY Live in China for $3.6 billion in an all-cash deal as the Chinese internet giant makes a further push to diversify beyond its core search business. The announcement, which Baidu […]

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Baidu’s smart voice unit to raise independent round on $2.9B valuation

Baidu’s smart voice unit to raise independent round on .9B valuation Baidu, China’s dominant search service and a leader in artificial intelligence research, is further diversifying into the smart voice space as its smart living group is poised to raise an independent round on a 20 billion yuan ($2.94 billion) post-money valuation. […]

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Where is voice tech going?

Where is voice tech going? Mark Persaud Contributor Share on Twitter Mark Persaud is digital product manager and practice lead at Moonshot by Pactera, a digital innovation company that leads global clients through the next era of digital products with a heavy emphasis on artificial intelligence, data and continuous software delivery. 2020 […]

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After India and US, Japan looks to ban TikTok and other Chinese apps

After India and US, Japan looks to ban TikTok and other Chinese apps A group of Japanese lawmakers is seeking to restrict the use of TikTok and other apps developed by Chinese firms, following the footstep of India, which has already blocked dozens of Chinese apps, and the U.S., which is floating […]

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Velodyne becomes latest tech company to go public using a SPAC, eschewing the traditional IPO path

Velodyne becomes latest tech company to go public using a SPAC, eschewing the traditional IPO path Velodyne Lidar, the leading supplier of a sensor widely considered critical to the commercial deployment of autonomous vehicles, said Thursday it has struck a deal to merge with special-purpose acquisition company Graf Industrial Corp., with a […]

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Chinese online learning app Zuoyebang raises $750M

Chinese online learning app Zuoyebang raises 0M Zuoyebang, a Beijing-headquartered startup that runs an online learning app, said on Monday it has raised $750 million in a new financing round as investors demonstrate their continued trust in — and focus on — Asia’s booming edtech market. U.S. investment firm Tiger Global and […]

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China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard

China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we have several heavy-hitting rumors swirling around, from Huawei’s chips for […]

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Cloudflare partners with JD to expand its network in China

Cloudflare partners with JD to expand its network in China Cloudflare today announced a new partnership with JD Cloud & AI that will see the company expand its network in Chinato an additional 150 data centers. Currently, Cloudflare is available in 17 data centers in mainland China, thanks to a long-standing partnership […]

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Lyft ramps up self-driving program

Lyft ramps up self-driving program A year ago, Lyft submitted a report to the California Department of Motor Vehicles that summed up its 2018 autonomous vehicle testing activity in a single, short paragraph. “Lyft Inc. did not operate any vehicles in autonomous mode on California public roads during the reporting period,” the […]

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Cross-border investments aren’t dead, they’re getting smarter

Cross-border investments aren’t dead, they’re getting smarter Yohei Nakajima Contributor Share on Twitter Yohei Nakajima is an investor at Scrum Ventures, an early-stage venture capital fund based in San Francisco, and Senior Vice President at Scrum Studio, helping global corporations connect and work with innovative startups. In recent years, the venture capital […]

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