The National Defense Authorization Act (NDAA) for 2027 is coming into focus after the House and Senate armed services committees advanced their versions of the bill earlier this month.
Shuang Shan China’s three largest telecom companies sold $36 billion worth of tower assets to China Tower Corporation, a joint venture set up by the companies themselves, to expand 4G network coverage and boost efficiency. China Towers offered the three state-owned companies (China Mobile Ltd, China Telecom Ltd, and China Unicom Group Co) a mix […]
Shuang Shan Alibaba Group Holding Limited’s cloud computing arm AliCloud opened its second Silicon Valley data center on October 9 as part of the e-commerce giant’s billion-dollar investment in its cloud computing business. The data center will help Chinese companies expand in the United States, while allowing Alibaba to offer its cloud computing service to […]
Shuang Shan Meituan.com and Dianping Holdings Ltd, two of China’s largest online local service platforms, have agreed to set up a new company—creating the largest Online to Offline (O2O) business in China. The merger, one of the largest deals ever in the Chinese Internet industry, is estimated to be worth as much as $20 billion […]
Shuang Shan Tsinghua Unisplendour Co Ltd (Unis) announced on Wednesday that it invested $3.78 billion in Western Digital Corp, purchasing a 15 percent stake (which it must hold for five years) at a premium price of $92.50—33 percent higher than Western Digital’s closing price on Tuesday. The investment gives Unis the right to nominate a […]
Shuang Shan The sale of 300 Boeing Co. airplanes worth $38 billion to Chinese firms—the largest aerospace order ever from China—was announced last week during Chinese President Xi Jinping’s visit to Boeing in Seattle. The deal also includes a plan to establish a joint venture between Commercial Aircraft Corporation of China Ltd. (COMAC) to open […]
