Xiaomi, OnePlus, Lenovo, Vivo, Oppo, and Other Chinese OEMs Partner to Launch ‘Fast Apps’ to Rival WeChat’s Mini Programs

China’s biggest smartphone makers are collaborating to promote download-free “fast apps”, in a move backed by the government and likely to threaten Tencent Holdings’ grip on mobile traffic with its wildly popular WeChat app. The messenger-to-payment app WeChat, which has more than 1 Read More …

Imagination Technologies Sale to Canyon Bridge in the Clear as Rival Fund Ruled Out

Imagination Technologies, the British chip designer selling itself to a China-backed buyout fund, said on Wednesday another potential buyer had ruled itself out, removing a potential hurdle to the GBP 550 million ($737 million) deal. The sale to Canyon Bridge Capital Read More …