Reuters reports that ByteDance is in advanced talks with Saudi Arabia's Savvy Games Group regarding the sale of its gaming subsidiary, Moonton Technology, for a deal valued between $6 billion and $7 billion. Moonton is the developer of the popular mobile game Mobile Legends: Bang Bang. ByteDance acquired the studio in 2021 for approximately $4 billion as part of its global gaming expansion. If the sale...

Gmail for Android has added a small feature that users have been asking for for a long time: the ability to create labels to categorize emails. Previously, this had to be done on the desktop version ( choosing label colors also had to be done on the desktop ). This feature was previously available in Gmail for iOS, but has just been rolled out to Android users....

Xiaomi founder and CEO Lei Jun stated that the company currently has no plans to enter the US automotive market, following photos of a Xiaomi SU7 Max being driven on I-5 in California with local test license plates. He said the vehicle may have been purchased by a competitor or US supplier for comparison purposes, rather than being part of any market entry plan. Previously, Xiaomi...

Nikkei reports that Chinese television brands are projected to hold approximately 60% of the Japanese television market. Data from BCN Research shows that by 2025, REGZA will dominate in terms of market share, while Hisense and TCL combined already hold around 50%. This share could increase to 60% if Sony's TV brand is transformed into a TCL-led joint venture. The price gap between Chinese and Japanese brands...

StepFun, a large-scale AI startup from Shanghai, has successfully raised over 5 billion yuan ($718 million) in its B+ funding round, setting a new record for the largest single funding round in China's large-scale AI sector. The funding was supported by Shanghai SDIC Leading Fund, China Life Private Equity Investment, Pudong Venture Capital, Xuhui Capital, Wuxi Liangxi Fund, Xiamen ITG Group, and Huaqin Technology, as well...