Can China’s tech giants survive without consumers?
Last week’s earnings reports from Chinese technology companies should be a wake-up call for Beijing. Alibaba Group Holding Ltd. and JD.com Inc. pulled out all the stops to get customers to spend during their 618 shopping festival, a Black Friday-like…
Big tech deals by AI companies leave venture capitalists cold
This year, three young AI companies were swallowed up by large technology corporations. As the Financial Times (FT) notes in a report on Wednesday (14 August), it is a pattern that could result in venture capitalists (VCs) being left out…