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Microsoft's expansion plan comes as the company is locked in fierce competition with Amazon.com Inc, Alibaba Group Holding Ltd and Huawei Technologies Co Ltd in China's booming cloud computing sector.

Millions of people are finding new ways to honor their ancestors. 

Mint reports that, due to foreign ownership regulations in India, Amazon holds a 49 percent stake in the joint venture with Samara. Amazon is said to have earlier allocated 0 million to build a food retail business in India. The More acquisition is estimated to be worth 0 million.

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Minute 22:00?Gurley on the emergence of Amazon.com as a tech powerhouse. “Having that kind of ambition to launch (Amazon Web Services), it is like nearly heroic that someone would think that up,” said Gurley. “99 out of 100 boards would have probably tried to shut it down as an idea.”

Microsoft employees getting free Surface tablets, new work PCs, Windows Phone 8 (701 Tweets, 107 comments)

Moody's affirmed a "stable" outlook of China's economy last week, maintaining the "A1" rating. From Moody's projection, the leveraging level may continually rise, although at a moderate pace, as policy emphasis tends to shift between deleveraging and support to growth over the medium term. The public sector debt is likely to rise towards 160 percent of GDP in 2025 from 137 percent in 2018.

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Mobike has revealed that it lost 10 percent of its 1,000-strong fleet in Manchester to theft or damage in July alone.

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Microsoft and Amazon are already competitors in other areas, including cloud computing.

Mobile payment has also helped improve the outdated, time-consuming services at government offices and public sectors.