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Rumor: Alibaba invests $10m in Ouya

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  A headline in China these two days is that Alibaba has invested about 400 million yuan (64m USDs) to Stephen Chow’s next film – “Journey to the West Conquering the Demon 2”. Almost the same time, rumors said that Alibaba…

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Xiaomi to invest 1 billion USD into content-making, but see what netizens say

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Xiaomi has just poached Chen Tong, news chief of Sina, and announced to invest 1 billion USD to make content for its TV box.

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