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Chinese search engine Baidu abruptly canceled the live stream product launch of the “Ernie bot” which is considered as equivalent to ChatGPT. It has been reported that strong demand from 120,000 companies that applied to test the Ernie bot lead to the change in plan and arrange the first of many closed-door meetings. As soon […]
China-based e-commerce company Alibaba has come up with a very exciting offer that will compel you to grab this. The new Roma laptops with RISC-V technology are powered by an Alibaba T-Head TH1520 quad-core SoC with integrated NPU and Imagination Technologies GPU. Alibaba has come up with three distinct packages that include additional gifts like […]
Jack Ma, Chinese billionaire is planning to give up control of Ant Group according to reports on Thursday. A regulatory crackdown in China that wrecked $37 billion IPO in 2020 led to the financial technology giant’s to undertake this move. Ant Group is the parent company of Alibaba Group Holding Ltd. Jack Ma owns 10% […]
Alibaba shares on Friday saw a decline after a report claimed that Chinese officials had invited the executives of the tech giant in for discussions about the theft of a sizable police database. One of the largest data heists in history would have occurred if a hacker had actually sold what they claimed to be […]
Beijing, Jan 20- China’s strict rules and regulations on big tech companies resulted in slower growth of revenue by 70%, year on year to around $58 billion in the recent year 2021 as compared to the previous year.
Jack Ma’s speech that he made back in October triggered and offended the Chinese government has put him in a position wherein he hasn’t made any public appearances and now he loses ” China’s Richest ” tag. A list that was published today showed that Jack Ma has lost the title of China’s richest man […]
Until recently in January, the Chinese billionaire and Alibaba founder Jack Ma was presumed missing by many. As he had not made a public appearance in nearly three months; however, in January he resurfaced in a video conference with rural teachers, promising to “meet each other again” after the pandemic. In the video, he is […]
An Indian court has brought Alibaba and its author Jack Ma for a situation in which a previous representative in India says he was unfairly terminated subsequent to protesting what he saw as control and phony news on organization applications, archives seen by Reuters appeared. The case comes a long time after India refered to […]
So what’s trending today on Twitter is to boycott Paytm because of the fact that Paytm has the largest shareholder which is Alibaba and Alibaba is a Chinese multinational which has made investments in multiple companies. Even though Paytm is an Indian company that has an investment from Alibaba still people are trending “Paytm” on […]
Recently, due to an increasing demand for cloud services Alibaba Group Holding Ltd. said that it will be investing around 200 Billion Yuan roughly $28 billion in cloud services over a 3-year plan. Most of this investment will be towards the development of semiconductors and operating systems. The company will also look towards developing its […]