A smartphone widely believed to be priced below $50, likely the world’s cheapest, will start selling a week from now. If Mukesh Ambani’s JioPhone Next, an Android device custom-built for India by Alphabet Inc’s Google, is a hit in the price-conscious market, it will solve one problem for banks while posing another. With the country’s remaining 300 million feature-phone users ...

The advent of gaming, especially computer gaming, marks a fundamental break in human affairs. Gaming is profoundly transforming two central aspects of the modern world: culture and regulation. There will be no turning back. When it comes to culture, the West has been in a dialogue with itself for centuries, indeed millennia, stretching at least as far back as the ...

Billionaire Jack Ma seems unable to move beyond his controversial past. He paid dearly for his open critique of Chinese state-owned banks last October, when weeks later a furious President Xi Jinping personally decided to pull Ant Group Co’s $34 billion initial public offering. In April, his e-commerce giant Alibaba Group Holding Ltd was slapped with a record $2.8 billion ...