IBM Celebrates 100 Years of Innovation

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Happy centennial birthday, IBM. This year, IBM celebrates 100 years of innovation, risk taking and transformation CEO, Samuel J. Palmisano was in Singapore last Friday to speak at IBM’s Centennial Lecture organized by […] Related posts: How Web Videos Are Driving Innovation We watch web videos almost everyday. They have changed our… Magazine Ad Revenue Finally Increasing After 3 Years …

Tencent to Invest $760 million in Tech Start-ups

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Tencent Inc. has set up a $5 billion yuan (US $760 million) investment fund to invest in technology start-ups. The fund will focus on start-ups like gaming companies, social game, mobile game, e-commerce and new media firms. The fund, as Tencent explained is to “provide support, break through bottlenecks in the development of innovative companies, […] Related posts: Groupon, Tencent, …

Groupon, Tencent, Alibaba and China

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Are Groupon and Tencent venturing into China? The rumor goes on but it seems that both Internet giant have already strike a deal. Mobinode confirmed it. It was rumored that the site will be fully launched this year May. To match up with Groupon’s ambitious plan in China, it was reported that 1000 staff would […] Related posts: Groupon and …

Alibaba Invests $4 Billion and May Surpass Walmart in Sales

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Alibaba Group and its financing partners plan to invest 30 billion yuan ($4.5 billion USD) to build warehouses across China. The reason? Alibaba wants to meet a 10-year goal of delivering any online order in China within eight hours. It’s an ambitious goal. The warehouses will occupy 3 million square meters (560 American football fields) […] Related posts: Phishing websites …

Dell to Invest $250 Billion in China over the Next 10 Years

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China is the second largest PC market in the world and is predicted to replace the United States over the next decade. Lenovo, the current market leader in China owns about 27 percent market share while runner up Dell owns about 9 percent. The gap might be huge but Dell is determined to close it. […] Related posts: China is …