Bloomberg Kingsoft Corp Ltd., the Chinese software company whose chairman is Xiaomi Corp. co-founder Lei Jun, is preparing to go head-to-head with Alibaba Group Holding Ltd. in the rapidly growing market for cloud-computing services. Kingsoft Chief Executive Officer Hongjiang Zhang is banking on new businesses from mobile games to cloud computing to help pull the company out of the …

  Relaxnews At the Intel Developer Forum in San Francisco, USA, the microprocessor maker demo-ed Project Alloy, a standalone virtual reality headset allowing wearers to explore and interact with a virtual world while keeping one foot firmly in reality. The headset was presented by Intel CEO Brian Krzanich, who claimed that Project Alloy completely redefines what’s possible from a VR …

  Relaxnews Pinterest introduced video ads as it moved to cash in on a growing appetite for videos at the popular online bulletin board. Marketing messages in the form of Promoted Videos paired with posts “pinned” at the social network will be served up in the United States and Britain, according to product manager Mike Bidgoli. Pinterest has seen a …