Now that restrictions related to the sale of Alibaba’s stock have been lifted, Yahoo (NSDQ: YHOO) is unloading its 1.4 percent stake in China e-commerce site Alibaba.com for $150 million, WSJ reported. The sale in the site is separate from the roughly 40 percent stake Yahoo holds in its parent, The Alibaba Group, which is [...]

Back in 2002, Chinese billionaire Li Ka-shing, Asia’s most successful entrepreneur, founded the Cheung Kong Graduate School of Business in Beijing to turn out a new kind of Chinese global leader. Cheung Kong has since become the country’s top business school, with graduates like Alibaba chairman Jack Ma and CNOOC president Fu Chengyu. Here the [...]

Kai-Fu Lee became famous in 2005 when the engineering whiz left Microsoft, where he had created Microsoft Research Asia, to head search giant Google’s operation in China. Microsoft sued, charging that he violated a noncompete agreement, but eventually settled. This time, as Lee leaves Google, he’s sure to avoid a lawsuit, because he’s starting his [...]

HONG KONG (Reuters) – Kai-fu Lee, Google Inc’s former China chief who quit the search giant this week, said on Sunday he will launch his own business next week to fund Chinese technology start-ups. Lee, described by Chinese media as the face of Google in China, said on his Twitter page (http://twitter.com/kaifulee) that he will [...]

Kai-Fu Lee has confirmed reports that he’s leaving his post as head of Google China to start something called Innovation Works, a mix between an incubator, a development lab and an angel investing firm. The plan is to hire 100-150 smart young Chinese engineers, help nurture their ideas, then spin off 50-75 of them a [...]

Kai-fu Lee, who announced his departure from Google China last week, has cause the Internet to erupt with speculation on the reasons for his departure and future plans. News on this hot topic has been difficult to report, as many original sources are difficult or impossible for tech bloggers with limited resources to translate. However, [...]

China Unicom (Hong Kong) Ltd. announced a deal with Apple Inc. to sell iPhones in China starting later this year, bringing the popular device to the world’s largest mobile market for the first time… Tweet This Post