Alibaba deploys drones to deliver tea in China

Echoing US online retailer Amazon, Chinese e-commerce giant Alibaba on Wednesday tested a drone delivery service, promising to whisk ginger tea to customers within an hour despite close controls on airspace.

Yahoo closes $7.6 billion deal with Alibaba Group (Update)

Yahoo has completed a long-awaited $7.6 billion deal with China's Alibaba Group, generating a windfall that could help ease the pain of Yahoo shareholders who have endured the company's foibles during the past few years.

Google 'mulls bid for Yahoo!'

US Internet giant Google is mulling a bid for rival Yahoo! and has talked to at least two private-equity firms to consider how the deal would be financed, The Wall Street Journal reported on Saturday.

China, Japan launch Asian eBay rival

China's largest retail website Taobao and Yahoo! Japan launched a joint service Tuesday in a deal expected to create the world's biggest online marketplace by harnessing Asia's surging ranks of e-consumers.

China's new tech giants show old bias with porn stars

E-commerce giant Alibaba sought job applicants with porn star attributes and other tech firms host adult video starlets: China's new economy powerhouses are not immune from old-style sexism.

China tech firms shake up world's biggest car market

Chinese technology giants Alibaba and Tencent are promising to build the cars of the future, vehicles linked seamlessly to the Internet and offering shopping and navigation help while on the road.

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