Chinese e-commerce firm announced on Wednesday that it plans to invest 67.5 million yuan (10.74 million U.S. dollars) in developing technology for smart homes, in which electronic devices are inter-linked. Full Story

Huawei, Intel expand tie-up amid China's rising scrutiny of U.S. tech firms

Huawei Technologies Co Ltd [HWT.UL] and Intel Corp are expanding an existing alliance to provide cloud computing to global telecoms carriers. Full Story

Alibaba buys 8% stake in entertainment firm

Alibaba's venture capital arm has reached an agreement to acquire 8 percent stake in Chinese entertainment giant Enlight Media for 2.4 billion yuan. Full Story

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