Alibaba’s South China Morning Post Purchase Puts Focus On News Coverage

Chinese e-commerce boss Jack Ma is emulating America’s Amazon.com boss Jeff Bezos, who recently purchased The Washington Post, by purchasing his own media empire in Hong Kong, the South China Morning Post. Alibaba Group Holding Limited says it has entered into a definite agreement to acquire the South China Morning Post and other media assets […]

Huawei Forms Cloud Computing Product Department In China

Chinese telecom equipment maker Huawei announced that following its entry into the cloud computing market in 2010, the company has decided to establish its information technology product line, mainly providing customized cloud computing solutions.