While the Indian IT firms are getting aggressive in buying smaller ticket size companies in the US, sources with direct knowledge share that one such candidate, Sierra-Cedar with HQ in Georgia, US is close to launching a sale process soon. Valuation expectation for a complete sale of Sierra-Cedar is pegged at around $350 million, a source said.
The United States and Russia announced a joint effort to construct a new space station to replace the International Space Station (ISS), but festering geopolitical tensions might yet undo this plan. The announcement made March 28 in Moscow by the Russian Federal Space Agency or Roscosmos is being hailed as a welcome move despite stubborn tensions between Russia and the U.S., especially over the war in Ukraine.
Japanese hardware startups were out in force at this year’s SXSW Interactive. In fact, the Japan section of the SXSW trade show was the largest display by any foreign country that made the trip to Austin. The University of Tokyo’s “Todai to Texas” area, which showcased 10 up-and-coming hardware startups, made up the bulk of the Japan section and was one of the event highlights. You can read all about Todai to Texas and their first five startups in yesterday’s post.
Acer Octon, a joint venture established in November 2014 by Taiwan-based IT vendor Acer and US-based multimedia application developer Octon, will soon announce the outcomes of talks it has been holding with the three largest telecom carriers in North America about cooperation, according to company president James Sha. Acer Octon has also been making deployments in the China and Southeast Asia markets concerning adoption of abPBX plus, its cloud computing-based IP communication solution for businesses, Sha said.
Greatfire.org, the outspoken activist website that openly fights against web censorship in China, reported yesterday it is under a distributed denial of service (DDoS) attack. Greatfire representative Charlie Smith (a psuedonym) says the attack began shortly after the website was cited in a Wall Street Journal article describing tactics used to circumvent China’s censors and make mirrors of blocked websites accessible from the mainland.
WASHINGTON: A US-subsidized advocacy group that helps internet users inside China bypass blockages on censored content says it is suffering a mysterious denial-of-service attack disrupting its operations. Greatfire.org says the attack started two days ago and internet traffic is 2,500 times above normal. It says the attack has affected “mirror,” or duplicate, websites that it has set up via encrypted web services offered by companies like Amazon.
Alibaba’s cloud computing service Aliyun announced that its data center in Silicon Valley has started trial operation and is providing cloud services to users in North America and around the world. This is reportedly Aliyun’s sixth data center, following those opened in Hangzhou, Qingdao, Beijing, Hong Kong, and Shenzhen. It also means that Aliyun will start competing with Amazon’s AWS and Microsoft’s Azure in the cradle of cloud computing.
Earlier this week, Alibaba subsidiary Aliyun announced it was opening a data center in Santa Clara, California, as the first step in expanding the giant’s reach into the U.S. cloud services market. Alibaba isn’t the only Chinese internet company looking to gain data center foothold in Silicon Valley. Other heavyweights, including Tencent and Baidu, have been shopping for data center space in the Valley in recent months, Jeff West, director of data center research at the commercial real estate firm Cushman & Wakefield, said.
Alibaba‘s cloud services arm Aliyun is preparing to open its first overseas cloud data center in Silicon Valley. The Chinese tech giant is making a global push, with the data center a first important step. The data center in Santa Clara, California, announced Wednesday, will provide a variety of cloud computing services. It will initially focus on Chinese companies based in the U.S., with the plan to gradually expand services and products to international clients later this year.
Alibaba’s cloud computing service is expanding outside of China for the first time. Alibaba today announced that its Aliyun platform, which started in China in 2009, is now adding a data center filled with servers in Silicon Valley and going after businesses who need cloud horsepower across the US. Yu Sicheng, vice president of Alibaba’s Aliyun division (“yun” means cloud in Chinese) and head of its international business, says in today’s announcement (on the company’s blog) that US-based servers are just the beginning.
JAKARTA/WASHINGTON: The United States is pressing Indonesia to relax local-content rules it believes will handicap efforts of tech firms such as Apple to expand into one of the world’s last big markets where demand for high-end smartphone has yet to really take off. The regulation, which would come into force on January 1, 2017, requires companies that sell smartphones and tablets in the fast-growing economy of 250 million people to produce 40% of their content locally.
Chinese mobile tech darling Xiaomi held a press event in Silicon Valley yesterday to introduce itself to the US. And while some thought the company might announce that its popular phones are finally coming to America, that is not happening this year. Xiaomi president Bin Lin and VP Hugo Barra maintained at the event that the decision not to launch phones in the US has to do with things like America’s already-high smartphone penetration rate, but an obvious reason,,,
SAN FRANCISCO: Alibaba Group said on Friday it was asked by the US Securities and Exchange Commission for information about its dealings with a Chinese regulator, coming just five months after the company’s stock market debut. The SEC’s request follows an unusually public fracas between Alibaba and China’s State Administration for Industry and Commerce, or Saic, over the issue of fake products being sold on the company’s websites and a series of related lawsuits filed in the United States.
SAN FRANCISCO: Xiaomi, one of China’s hottest companies, is bringing its blend of cheap yet fashionable technology and crowd-pleasing antics to the US. While its smartphones won’t be available here anytime soon, Xiaomi unveiled plans Thursday to test the US market by selling inexpensive headphones and other accessories online, hewing to the Internet-driven, customer-friendly model that has helped turned the company into a major player in mobile computing just five years after its founding.
MUMBAI: Tech Mahindra Ltd will build more technology development facilities in the United States and Canada and boost local hiring to tap new business opportunities linked to digital technologies, its chief executive officer said on Wednesday. “We are investing heavily in building local delivery centres in the United States and in Canada. We’ve opened two in Canada and six in the United States over a period of the past six or seven months,” C.P. Gurnani told Reuters in an interview.
Japanese gaming firm Gree continues to branch out, this time with the help of an American education startup. The company announced today that it will invest in and form a business partnership with Make School, the self-styled “college for founders and developers.” With the new partnership, Gree will oversee a Make School-produced class on game development. The eight week course will take place this summer. Students, some of whom will be Gree engineers, are expected to plan, develop, and release a game within the eight weeks.
Alibaba and its executives may feel the sting of American jurisprudence as law firms line up for possible class action lawsuits in the United States against the Chinese e-commerce company. At least five law firms so far have expressed intentions to commence class actions against Alibaba. For example, a complain from Robbins Geller Rudman & Dowd LLP charges Alibaba and certain of its officers and directors with violations of the Securities Exchange Act of 1934.
The United States has joined the race to help India build 100 smart cities, signing memorandums of understanding with three Indian states to assist with new projects. The deals were signed this week as part of President Obama’s visit to India. The states of Andhra Pradesh, Uttar Pradesh and Rajasthan signed the deal with the U.S. Trade and Development Agency on 25 January to develop Vishakhapatnam, Allahabad and Ajmer.
TAIPEI–A poll among cellphone users in the United States found that Apple Inc. had the largest share of that market in the fourth quarter of last year, way ahead of Android phone makers like South Korea’s Samsung Electronics Co. and Taiwan’s HTC Corp. The survey, conducted by the Chicago-based Consumer Intelligence Research Partners (CIRP), indicated that 50 percent of all phones sold in the U.S. during the October-December period last year were iPhones, a slight increase from the previous year when it was 48 percent.
Alibaba will prevent Chinese vendors from selling children’s products that are considered dangerous or illegal to American consumers. The U.S. Consumer Product Safety Commission has provided a list of up to 15 products which are considered illegal or have been recalled by manufacturers. Those products include baby seats and powerful magnets, and they are currently being sold on Alibaba to global buyers.