Alibaba Group has reached an agreement with Yahoo and Softbank over Alipay, the payment platform behind China's largest e-commerce market, Taobao.
Yahoo and Alibaba Group issued a joint statement on Sunday, in what appeared to be a symbolic effort by the companies to move past a dispute involving a Chinese online payment service.
Yahoo said that Chinese e-commerce giant Alibaba Group transferred ownership of its online payment service Alipay without its knowledge or approval, a sign of continuing tension between the two companies.
A one-of-its-kind early warning system provided seconds of advance notice to many residents of Tokyo shortly before a massive earthquake rocked the Japanese capital on Friday afternoon.
Mobile carriers including China Mobile, Bharti Airtel and Vodafone have launched a new initiative to promote the 4G (fourth-generation) network technology LTE TDD as a global standard.
Google has secured a deal to provide search results and related advertising to Yahoo Japan, Japan's most popular Web site, the two companies said Tuesday.
Ustream, a service that provides live video streaming across the Internet, has attracted US$20 million in investment from Japan's Softbank and is planning an expansion into Asia, it said Tuesday.
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