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Tencent-backed Chinese start-up Kuaishou is seeking to raise funds at about a US$17bn valuation, people familiar with the matter said, as it expands its video-streaming service to Southeast Asia. The company is targeting around $1bn

China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter. While authorities banned

Intel, trying to defuse concern that fixes to widespread chip security vulnerabilities will slow computers, released test results late on Wednesday showing that PCs won’t be affected much and promised more information on servers

Bitcoin slumped as South Korea’s justice ministry reiterated a proposed ban on cryptocurrency venues, fuelling concern that a government crackdown will erode one of the world’s biggest sources of demand for digital currencies

Telecommunications operator Neotel will launch its first prepaid services in the next four to six weeks as it attempts to lift its market share among retail consumers. The operator has fewer than 50 000 customers on its wireless network. “We are tying up the last set of operational issues ahead of launching