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Alibaba emerges as major backer of high-flying Chinese start-up Moonshot AI, with 36% stake
South China Morning Post via Yahoo Finance· 5 days agoAlibaba Group Holding has emerged as a major backer of Moonshot AI, one of China's hottest artificial intelligence (AI) start-ups, holding a 36 per cent stake in the firm, according to the e-commerce ...
ByteDance-owned TikTok said to lay off hundreds of employees globally as a potential US ban looms
South China Morning Post via Yahoo Finance· 6 days agoTikTok is cutting hundreds of jobs at its operations and marketing departments, according to two...
PDD trades near cheapest level ever as tech war spooks investors
South China Morning Post· 2 days ago“People are worried about election risks and potential tariffs coming for PDD, leading many to...
Alibaba, JD.com convertible bond sales may spur other Chinese tech giants
South China Morning Post· 3 days agoIn a high interest-rate environment, convertibles become compelling compared with regular debt,...
Huawei tests app for short dramas, joining China’s booming miniseries industry
South China Morning Post· 6 days agoHuawei did not immediately respond to a request for comment. Huawei’s new platform “is essentially a...
Asian stocks hit by rate jitters, China extends losses
Investing.com via Yahoo Finance· 6 days agoInvesting.com-- Most Asian stocks sank on Friday, tracking weakness in Wall Street as increasing anxiety over sticky U.S. inflation and high interest rates battered sentiment towards risk-driven assets.
Small Business - The Andalusia Star-News | The Andalusia Star-News
The Andalusia Star-News· 11 hours agoOnline Entertainment Market to Reach $1,500.6 Billion, Globally, by 2035 at 15% CAGR: Allied Market Research PR Newswire WILMINGTON, Del., May 29, 2024 The online entertainment market is driven by technological advancements, rise of subscription
Data management key to smart city success
China Daily· 2 days agoChina's emphasis on promoting the development of smart cities and urban digital transformation is expected to bolster the innovative growth of the digital economy, help foster new quality productive ...
Chinese tech giants slash LLM prices
China Daily· 7 days agoCompetition in China's artificial intelligence-powered large language model sector is intensifying as leading Chinese tech companies have announced drastic price reductions on major LLM products ...
