Chinese e-commerce giant Alibaba Group Holding Ltd. is forming a strategic alliance with Sina Corp., seeking to benefit from the social-media company’s broad user base for its Weibo microblogging service.
Alibaba Group Holding Ltd. said it would promote its own smartphone operating system through subsidies to handset makers and a one billion yuan, or roughly $160 million, funding program for app developers.
Google Inc. named Karim Temsamani head of the Asian-Pacific region effective immediately, in the latest executive change at the Internet giant following the departure of Marissa Mayer to rival Yahoo Inc. last year.
While Japan’s ailing consumer-electronics sector struggles to regain momentum, it turns out that Sony Corp. actually climbed to the No. 3 position in the global smartphone market in the third quarter. Sony, which was the No. 6 player in the same quarter a year earlier, came only behind Samsung Electronics Co. and Apple Inc., according to the latest data from research firm IDC.
Chinese personal-computer maker Lenovo Group Ltd. said Thursday its net profit for the three months through September rose 13 percent from a year earlier, as sales remained strong despite a slump in the overall PC industry.