Alibaba Buys Chinese Chipmaker to Aid IoT Biz, Help Drive Local Chip Sector by REUTERS


By REUTERS

E-commerce titan Alibaba Group Holding Ltd has bought a Chinese microchip maker to further its cloud-based “internet of things” (IoT) business, underscoring its commitment to the chip industry, an Alibaba spokeswoman said on Friday.

Published: April 20, 2018 at 02:37AM

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G.E. Makes a Sharp ‘Pivot’ on Digital by STEVE LOHR


By STEVE LOHR

The industrial giant plunged into internet-era software with gusto. But it has trimmed back after finding that becoming a tech player is daunting and costly.

Published: April 19, 2018 at 03:44PM

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