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Alibaba shares collapse after cloud service spinoff cancelled
(
techxplore.com
)
2023-11-17
Alibaba
Alibaba's market value drops to $201B, about half of Tencent's $391B, as it faces sluggish demand and increased competition; Alibaba was valued at $850B in 2020
(
www.bloomberg.com
)
2023-11-17
Alibaba
Tencent
Alibaba Cancels Cloud Spinoff, Blames US Chip Sanctions
(
slashdot.org
)
2023-11-17
Alibaba
Alibaba scraps cloud business spin-off citing US chip curbs
(
www.reuters.com
)
2023-11-17
Alibaba
Alibaba reports Q2 revenue up 9% YoY to ~$31B, beating ~$30.9B est., a ~$3.8B net income, up from a ~$3B loss in Q2 2022, and calls off its cloud spinoff
(
www.bloomberg.com
)
2023-11-16
Alibaba
Alibaba filing: Jack Ma's family trust plans to sell 10M American Depository Shares of Alibaba for around $871M; BABA drops 8%+
(
www.reuters.com
)
2023-11-16
U.S.
Jack Ma
Alibaba
Tencent Stockpiled Nvidia AI Chips for 'a Couple of Generations'
(
hardware.slashdot.org
)
2023-11-16
AI
Tencent
Nvidia
Tencent president Martin Lau says the company stockpiled Nvidia chips to develop Hunyuan “for at least a couple more” versions and seeks a local chip supplier
(
www.reuters.com
)
2023-11-16
Tencent
Nvidia
Tencent reports Q3 revenue up 10% YoY to ~$21.4B, in line with ~$21.37B est., and net profit down 9% YoY to ~$5B, beating ~$4.7B est., as game sales recover
(
www.reuters.com
)
2023-11-15
Tencent
Alibaba and JD.com reported YoY sales increases for Singles Day, but neither company provided overall revenue figures for the event for the second straight year
(
www.bloomberg.com
)
2023-11-12
Alibaba
Meta strikes deal with Tencent to sell VR headset in China - WSJ
(
www.reuters.com
)
2023-11-11
China
VR
Tencent
Sources: Meta strikes a preliminary deal with Tencent to sell a new, lower-priced VR headset in China, beginning in late 2024
(
www.wsj.com
)
2023-11-10
China
VR
Tencent
Permalink to Achieving the “Golden Record” for a 360-degree Customer View
(
sdtimes.com
)
2023-11-10
Qihoo
Huawei and Tencent Spearhead China's Hold on Cybersecurity Patents
(
yro.slashdot.org
)
2023-11-7
China
Tencent
Data: as of August 2023, IBM had 6,363 cybersecurity patents, followed by Huawei with 5,735 and Tencent with 4,803; six of the top 10 companies were Chinese
(
asia.nikkei.com
)
2023-11-6
China
IBM
Tencent
Tencent's WeChat, ByteDance's Douyin, Kuaishou, and others make similar posts asking users with 500K+ followers to reveal their real names, following Weibo
(
www.bloomberg.com
)
2023-10-31
WeChat
Tencent
Sources: Alibaba is pressuring Tmall and Taobao merchants to offer rock-bottom prices during Singles Day, which ends on November 11, or risk losing traffic
(
www.reuters.com
)
2023-10-31
Alibaba
Alibaba unveils Tongyi Qianwen 2 LLM with “hundreds of billions of” parameters and 8 industry-specific models for entertainment, finance, healthcare, and legal
(
www.reuters.com
)
2023-10-31
Alibaba
Baidu's Chinese-language maps and Alibaba's Amap are not showing Israel's name, confusing users and matching Beijing's vague diplomacy toward the country
(
www.wsj.com
)
2023-10-31
China
Israel
Alibaba
The US' tighter chip rules may leave Alibaba and Baidu relying on outdated and stockpiled chips, like the Nvidia V100 from 2017, to pursue their AI ambitions
(
t.co
)
2023-10-20
Alibaba
AI
Nvidia
Beijing-based generative AI startup Beijing Zhipu Huazhang has raised ~$342M from Alibaba, Tencent, Ant Group, Xiaomi, HongShan, Meituan, and others in 2023
(
www.bloomberg.com
)
2023-10-20
Alibaba
Startup
AI
Tencent
Xiaomi
Filing: China took a “golden share” in Tencent's local subsidiary Shenzhen Yayue, buying a 1% stake for ~$82K, the latest move to expand tech sector control
(
www.reuters.com
)
2023-10-19
China
Tencent
Shenzhen
Alibaba announces “S Plan” to offer “traffic flow, operations and logistics” support to merchants affected by Indonesia's ban on e-commerce on social media
(
www.scmp.com
)
2023-10-18
Alibaba
Ban
Indonesia
Logistics
Save $360 on a lifetime of learning and training with this bundle deal
(
www.bleepingcomputer.com
)
2023-10-18
Qihoo
Tim Cook makes a rare visit to China, appearing at a contest for Tencent's Honor of Kings game in the Chengdu Apple Store, as the US ramps up its chip sanctions
(
www.bloomberg.com
)
2023-10-17
China
Apple
Tencent
Tim Cook
Chinese generative AI startup Baichuan, one of the first to win approval to release its LLMs, raised $300M from Alibaba, Tencent, Xiaomi, and others
(
www.bloomberg.com
)
2023-10-17
China
Alibaba
Startup
AI
Tencent
Xiaomi
Spying suspicions will stalk Alibaba and Wall Street
(
www.reuters.com
)
2023-10-9
Alibaba
Wall Street
Alibaba opens its AI model Tongyi Qianwen to the public and plans to make an open source version available for free commercial use “by the whole society”
(
www.reuters.com
)
2023-9-13
Alibaba
AI
Shares of Alibaba tumble over 3% after outgoing CEO unexpectedly quits cloud business
(
www.cnbc.com
)
2023-9-11
Alibaba
Daniel Zhang steps down as the CEO of Alibaba's cloud unit, after assuming the role in June 2023; Alibaba CEO Eddie Wu will serve as the acting head of the unit
(
www.reuters.com
)
2023-9-11
Alibaba
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