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The Latest Breaking News from Alibaba Cloud

The global cloud market is booming, and these two giants are dominating it

Global IaaS market is now worth $120 billion, but around $74 billion of that is attributable to just two key players.

TechRadar

Should Investors Buy or Sell Alibaba Group Holding (BABA)?

While Chinese tech conglomerate Alibaba (BABA) witnessed signs of recovery across its businesses this year following the nation’s reopening and easing regulatory measures, the recovery appears uneven as the company missed fourth-quarter revenue expectations. So, should investors buy or hold this tech stock? Read more to find out….

StockNews.com

Is Alibaba (BABA) a Good Buy?

Over the last two years, the e-commerce giant Alibaba (BABA) was hit by heavy regulatory scrutiny, brutal competition, and China’s slowing economy. But the stock got a lift this year after the nation’s Covid reopening and easing of regulatory woes. Furthermore, the company announced a restructuring plan designed to enhance…

StockNews.com

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US official says Chinese cloud companies like Huawei could pose threat

U.S. Commerce Secretary Gina Raimondo said on Wednesday that Chinese cloud computing companies like Huawei Cloud and Alibaba Cloud could pose a threat to U.S. security and vowed to review a request to add them to an export control list.

Reuters

Opinion: Significance of Jack Ma’s Reappearance Should Not be Underestimated

Alibaba co-founder’s well-publicized visit to a local school signals a shift in China’s treatment of big tech

Caixin Global

Com7 joins forces with Alibaba Cloud

SET-listed IT retail chain Com7 is diversifying its business by adding cloud solutions for enterprises through a partnership with Alibaba Cloud, the cloud computing service arm of Chinese e-commerce giant Alibaba Group.

Bangkok Post

Here's How Alibaba Looks To Aid In Digital Transformation Of Enterprises

Alibaba Group Holding Limited (NYSE:BABA) created a new subsidiary, Lingyang Intelligent Service Co, to help companies in their digital transformation, the SCMP reports. It reflects Alibaba's effort to engage new market segments and industries as domestic online retail competition amplified amid weak consumer spending and economic slowdown. The move shortly follows Chair and…

Benzinga

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Alibaba Cloud Posts About 'NFT Solution' And Quickly Deletes It

Alibaba Group Holding Ltd – ADR’s (NYSE: BABA) cloud service could be launching a service to build NFT marketplaces for companies.

Benzinga

stc Group and Alibaba Establish Alibaba Cloud for Cloud Computing in Saudi Arabia

stc Group, the leading national digital enabler announced the establishment of "Alibaba Cloud” in Riyadh, Saudi Arabia, for high-capacity cloud services in partnership with the Chinese technology giant, "Alibaba Group”, eWTP Arabia for Technical Innovation Ltd., the Saudi Company for Artificial Intelligence (SCAI), and the Saudi Information Technology Company (SITE).…

Asharq Al-Awsat

Alibaba Continues Organizational Restructuring, Global Diversification To Beat Regulatory Crackdown Blues

Alibaba Group Holding Limited (NYSE: BABA) continues its restructuring activities as planned and international diversification amid the

Benzinga

Alibaba's first Thailand data centre goes live

Alibaba Cloud, the cloud computing service arm of Chinese e-commerce giant Alibaba Group, has launched its first data centre in Thailand to capitalise on the country's cloud market and support the nation's 20-year strategic plan.

Bangkok Post

3 Cloud Computing Stocks to Buy Now

The cloud computing market is expanding as companies innovate and find new ways to incorporate advanced technologies in their operations. Since the cloud computing industry is expected to grow tremendously in the coming years, we think it could be wise to bet now on quality stocks IQVIA Holdings (IQV), F5…

StockNews.com

Alibaba Cloud, VMware Collaborated For Faster, Seamless Enterprise Cloud Migration At Scale

Alibaba Group Holding Ltd's (NYSE:BABA) Alibaba Cloud and VMware Inc (NYSE:VMW) announced a jointly-developed public cloud service. The service would aid China's enterprises to support digital innovation with lower costs and risks. Alibaba Cloud VMware Service enables China's enterprises to migrate and modernize applications faster and seamlessly move workloads between on-premises VMware environments and Alibaba…

Benzinga

Alibaba Undergoes Aggressive Restructuring At Its Cloud Unit

Alibaba Group Holding Ltd (NYSE:BABA) owned Alibaba Cloud initiated a new round of organizational restructuring, the Pandaily reports. Alibaba Cloud China President Ren Geng resigned for undisclosed reasons. Geng looked to leave as early as 2021 but stayed back. Also Read: Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides…

Benzinga

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news in one place.

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Benzinga

Alibaba Marks Cloud Computer Debut Outside China In Singapore; Claims It Will Cut IT Spend By ~50%

Alibaba Group Holding Ltd's (NYSE:BABA) Alibaba Cloud launched its cloud computer in Singapore, eliminating the need for powerful desktop hardware to perform compute-intensive tasks, ComputerWeekly.com reports. Dubbed Wuying, the palm-sized machine weighed only 60g and depended on Alibaba's Elastic Desktop Service (EDS) to do the heavy lifting. The launch marked the debut…

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