The new CEO of Alibaba Group Eddie Wu has informed staff that the company’s two key strategic priorities moving ahead would be “user first” and “AI-driven.”

Brands face intense competition, and publicity is limited. The key to sticking out is creating an identity and sense of community through social media.

In Mexico, a state governor declared on Monday that Tesla (TSLA.O) and its suppliers would invest $15 billion over the following two years in a factory that is still being built, which is triple the amount that Mexican officials had before declared.

GlobalFoundries, a contract chip manufacturer with its headquarters in the United States, announced Tuesday the opening of its $4 billion expansion manufacturing unit in Singapore, anticipating “growth in demand for essential semiconductor chips.”

Razorpay, a known fintech company valued at, over a billion dollars has recently acquired BillMe, a startup based in Mumbai. BillMe specializes in invoicing and customer engagement.

Bain Capital, trading under the name BC Invsts intends to sell its ownership stake, in L&T Finance Holdings through block deals.

the beleaguered edtech startup BJYU’S has given a repayment plan to its lenders. The education technology firm has promised to repay its whole $1.2 billion term loan in less than six months.

Fintech startup Perfios, based in Bengaluru has recently secured an investment of $229 million, in its Series D funding round.

The Reserve Bank of India (RBI) is gearing up to launch a Central Bank Digital Currency (CBDC) pilot program for interbank transactions in the call money market by October.

Tesla’s (TSLA.O) Dojo supercomputer could propel a spike in the market value of the automaker of up to $600 billion, according to Morgan Stanley analysts.

After years of uncertainty relating to Brexit, Britain’s auto industry received a new boost on Monday when BMW (BMWG.DE) announced it would invest 600 million pounds ($750 million) at its UK plants to convert its iconic Mini brand to all-electric by 2030.

During U.S. President Joe Biden’s visit to Hanoi, which has seen new AI and Boeing deals, executives from leading U.S. and Vietnamese companies in the semiconductor, IT, and aviation sectors gathered on Monday in an effort to create commercial alliances.