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Alibaba, Baidu, Kuaishou Address Mounting AI Costs as Competition Intensifies
(Bloomberg) -- Alibaba Group Holding Ltd., Baidu Inc. and Kuaishou Technology are the next big names in tech that will have to address concerns over the mounting financial costs needed to sustain intense AI competition. Most Read from Bloomberg Covert Mideast Oil Flows Are …
Alibaba to Sell Gaming Arm for $1.5 Billion in Boost to AI Pivot
(Bloomberg) -- Alibaba Group Holding Ltd. is selling its gaming arm in a deal worth at least $1.5 billion that will boost the Chinese e-commerce leader's pivot to AI. Most Read from Bloomberg Covert Mideast Oil Flows Are Keeping Global Prices in Check Anthropic …
Tencent Details Progress Toward Carbon Neutrality Goals and Outlines AI-Era Priorities
New report outlines how infrastructure efficiency, renewable electricity and AI-enabled innovation can support lower-carbon growth SHENZHEN, China, Aug. 17, 2026 /PRNewswire/ -- Tencent (0700.HK) published its Carbon Neutrality Mid-Term Report and launched an accompanying interactive microsite, sharing its progress to date and pathway toward …
Mesoblast Achieves Major Milestone Completing Patient Treatment in Pivotal Phase 3 Trial for Chronic Low Back Pain
Mesoblast Limited NEW YORK, Aug. 16, 2026 (GLOBE NEWSWIRE) -- Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced that it has completed patient treatment in the MSB-DR004 pivotal randomized controlled Phase 3 trial of rexlemestrocel-L for chronic …
New Zealand’s Synlait denies takeover talks with Fonterra and a2 Milk
Synlait Milk has denied media reports suggesting it is in takeover talks with The A2 Milk Company and Fonterra. Reports in Australia inferred the New Zealand dairy and infant-formula business could be the subject of a transaction involving the two peer groups. However, in …
HUTCHMED Announces ORPATHYS® Plus TAGRISSO® Demonstrated Statistically Significant and Clinically Meaningful Improvements in Progression-Free and Overall Survival in MET-Driven EGFR-Mutated Lung Cancer After Progression on TAGRISSO®
HUTCHMED (China) Limited — First global Phase III trial to show significant progression-free and overall survival benefits in this setting — — SAFFRON trial results reinforce TAGRISSO® as the backbone therapy across EGFRm lung cancer — HONG KONG and SHANGHAI and FLORHAM PARK, N.J., …
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