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The Latest Breaking News from Alibaba

Chinese GPU Companies See AI Opportunities, Despite Nvidia: Report

U.S. restrictions for AI and HPC hardware sales to Chinese entities open doors for People's Republic's GPU developers.

Tom’s Hardware

Microsoft is still blocking some of its biggest customers from running Windows apps

Microsoft changed its terms earlier this month to permit its apps on Amazon WorkSpaces - but Google and Alibaba miss out.

TechRadar

China just took another step forward in the A.I. arms race, as Alibaba releases a new chatbot

The models can identify images rather than text, for uses like writing photo captions and assisting the blind.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

What happened to the once-mighty Japan, Inc.?

Japan's Mitsubishi Corporation used to be the world's largest company by revenue. Now it's No. 46.

Fortune

2 Chinese Stocks to Buy Now, Despite Economic Growth Concerns

While China's economic growth has disappointed in 2023, Alibaba and Xpeng Motors are two attractively priced Chinese stocks worth buying at current levels.

Barchart

3 Mega-Cap Tech Stocks with More Than 20% Upside Potential

The tech sector has had a breakout year already, but analysts are still looking for significant upside from a few notable big-cap names. Here's a look at what Wall Street is expecting from Alibaba, Advanced Micro Devices, and Taiwan Semiconductor.

Barchart

Is Smart Money Watching Alibaba Group Holding (BABA)?

Chinese e-commerce giant Alibaba Group Holding (BABA) has topped topline estimates for the last quarter and could attract attention from smart money. Does this mean the stock is a buy now? Let’s look at its financial metrics to gauge its prospects….

StockNews.com

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Chinese Companies Spend $5 Billion on Nvidia GPUs for AI Projects

In a race to hoard computing power, Chinese Big Tech companies Baidu, ByteDance, and Alibaba have already ordered $1 billion-worth of Nvidia GPUs this year - and have added an extra $4 billion for purchases to be delivered throughout 2024.

Tom’s Hardware

China’s Internet Majors Downsize to Weather Business Headwinds

Survey finds that six of the 10 biggest players slashed payrolls last year, including Tencent, Meituan and Alibaba

Caixin Global

Are Investors Interested in Buying or Selling Alibaba Group Holding (BABA) This Month?

Years-long regulatory scrutiny on Alibaba’s (BABA) affiliate Ant Group recently ended with a fine, indicating that Beijing is wrapping up its crackdown on tech firms. Moreover, the e-commerce giant’s prospects look promising with new offerings and strategic partnerships. But as the company missed its fourth-quarter revenue estimates, let’s find out…

StockNews.com

3 Undervalued Tech Stocks to Buy in August

Tech stocks have rallied impressively in 2023 - but Amazon, Alibaba, and PayPal are still well below their all-time highs. Is now the time to buy?

Barchart

Men sentenced for selling unauthorised Covid-19 tests during pandemic

Ron Huss-Smickler, 41 from Birmingham, and Steven Lawrence Beckford, 39 from Edgbaston, bought the non-certified coronavirus tests from Alibaba.

The Independent UK

4 Reasons to be Bullish on Alibaba Stock

Alibaba has been underperforming the markets since late 2020, but the stock looks attractive at these levels as China vows to support the country's economy, as well as the tech sector.

Barchart

The growing list of Chinese elites who disappear but later resurface subdued

Foreign minister Qin Gang’s mysterious absence and replacement follows a pattern of falls from grace for rising stars

The Guardian - UK

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InsideEVs

Chinese Kit Converts Classic VW Beetle To Electric For Just $2,000

The classic Volkswagen Beetle from the 1960s and 1970s was powered by an air-cooled four-cylinder engine that made roughly 40 horsepower when new.

The Independent UK

Chinese e-commerce giant Alibaba says it will not sell shares in Ant's buyback program

Chinese e-commerce giant Alibaba has said it will not sell any shares in its one-third shareholding in financial technology company Ant Group Co_ because it wants to retain its stake in an “important strategic partner.”

StockNews.com

How is Alibaba (BABA) Holding up as We Near July End?

With the possibility of regulatory scrutiny coming to an end, is Chinese tech giant Alibaba Group (BABA) a buy after the launch of its generative AI tool? Let’s take a look at its financial metrics to gauge its prospects….

Fortune

China just gave the world a blueprint for reigning in generative A.I.

China’s top internet regulator released new regulations governing generative A.I. that address some of the technology’s most pressing issues.

Get all your
news in one place.

100’s of premium titles.
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Fortune

Jack Ma, once Asia’s richest person, has seen more than half of his $61 billion fortune wiped out in the past 3 years

Beijing cracked down on the companies Ma founded after he publicly criticized Chinese regulators.

Bangkok Post

Shopping the next frontier for TikTok

JAKARTA: Inside a shophouse in Northeast Jakarta, dozens of salespeople take turns peddling cosmetics, contact lenses and hair accessories. A woman helps a potential customer choose the right shade of lipstick for her skin tone, while a man yells out the latest markdown on vitamin tablets.

Bangkok Post

Chinese tech firms handed massive fines

BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.

Salon

Key Trumper works at China lobbying firm

"Susie could put Trump away for years in just one minute of testimony to Jack Smith," GOP operative says

Caixin Global

Weekly Must-Read: China Joins Effort to Avert Sovereign Debt Crisis

Nation fills new role as top creditor to poor countries rattled by the worst debt crisis since the 1980s

Tribune News Service

Billionaires and bureaucrats mobilize China for AI race with US

China’s tech sector has a new obsession: competing with U.S. titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race.

Bangkok Post

Chinese billionaires go all-in on AI

China’s tech sector has a new obsession: competing with US titans like Google and Microsoft in the breakneck global artificial intelligence "arms race".

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