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The Latest Breaking News from Alibaba

Man tried to buy meth from 'Chinese Amazon', court told

A man told an overseas seller on the Alibaba website that he wanted to "get around customs" by hiding methamphetamine in an order for rust treatment chemicals.

Alibaba Think Tank Dispels Closure Rumors

Alibaba Think Tank Dispels Closure Rumors

Luohan Academy is undergoing a reorganization that will see some of its research operations taken over by its parent

Belgian intelligence scrutinising potential security risks of Alibaba warehouse

Belgian intelligence scrutinising potential security risks of Alibaba warehouse

The Belgian intelligence service has confirmed a report by the Financial Times saying it was looking into potential espionage at the main European logistics centre for Chinese tech giant Alibaba. The warehouse mostly handles goods shipped to European customers from the company's e-commerce site Ali Express. Intelligence officials said the…

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Alibaba’s Belgian hub is being monitored over ‘espionage’ concerns, report says

A representative for Alibaba told Fortune it strongly denied the claims "based on prior conjecture."

Softbank’s CEO says you’ll end up like a mindless goldfish if you don’t get on board with AI

“Take advantage of it or be left behind,” warned Masayoshi Son, whose early bet on Alibaba built his reputation as a tech visionary.

Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong

Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong

The Independent UK

Solidigm Introduces D7-P5810: 144L SLC NVMe Drive for Write-Intensive Workloads

Solidigm's datacenter SSD offerings have been clearly delineated into different categories - the D3- SATA offerings for legacy servers, the D5- QLC-based offerings (with different models offering different tradeoffs between cost and endurance), and the D7- NVMe drives for the best performance and endurance ratings. The company has been using…

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Former CEO of China's Alibaba quits cloud business in surprise move during its leadership reshuffle

Former CEO of China's Alibaba quits cloud business in surprise move during its leadership reshuffle

The former CEO of Alibaba has resigned as head of its cloud computing business in a surprise move as the Chinese e-commerce empire wraps up a leadership reshuffle

The Independent UK

China’s Alibaba sees shares tumble as outgoing CEO quits cloud business

China’s Alibaba sees shares tumble as outgoing CEO quits cloud business

Announcement that Daniel Zhang will not continue to lead cloud business takes markets by surprise.

Alibaba Group Holding (BABA): Buy or Sell September 2023?

Alibaba Group Holding (BABA): Buy or Sell September 2023?

Alibaba Group Holding's (BABA) business momentum, strategic reorganization, robust financials, and extended partnerships suggest a favorable outlook for sustained growth. So, should you buy or sell BABA this September? Let’s look at its financial metrics to gauge its prospects….

Chinese GPU Companies See AI Opportunities, Despite Nvidia: Report

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 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.

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

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.

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

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.

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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.

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.

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….

Tom’s Hardware

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.

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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

The Times of India

India or China? How to invest in the coming Asia boom

NEW DELHI/BEIJING: Money managers are navigating an historic shift: India’s population, at 1.43 billion, edged past China’s this year.

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…

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?

The Independent UK

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.

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.

The Guardian - UK

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

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