Xi Remade China's Tech Industry in His Own Image With Crackdown
Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world's No. 2 economy
1970-01-01 08:00
Alibaba unit ordered to pay NetEase $7.2 million over game copyright
By Josh Ye HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile
1970-01-01 08:00
SoftBank Fires Back After S&P Cuts Debt-Laden Firm’s Rating
SoftBank Group Corp. issued a sharp rebuke after S&P Global Ratings cut its long-term credit rating a notch
1970-01-01 08:00
ChatGPT: Can China overtake the US in the AI marathon?
Washington's efforts to limit China's access to crucial cutting-edge technology continue.
1970-01-01 08:00
Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
1970-01-01 08:00
Alibaba to Exit Cloud Business After Beijing Undercuts Potential
Alibaba Group Holding Ltd.’s surprise move to fully spin out a potentially transformative $12 billion cloud business is
1970-01-01 08:00
China Faces ‘Confidence Trap’ as Economic Recovery Falters
China’s economy is at risk of being caught in a confidence trap as the post-Covid recovery loses steam,
1970-01-01 08:00
Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm
Alibaba Group Holding Ltd. will explore initial public offerings for its logistics and grocery arms while hiving off
1970-01-01 08:00
Meituan Planning Hong Kong Debut as Soon as Monday, Sources Say
Meituan is set to launch a sister app in Hong Kong as soon as Monday, taking the world’s
1970-01-01 08:00
Tencent’s Revenue Grows Most in Over a Year After China Reopens
Tencent Holdings Ltd. grew revenue at its fastest pace in more than a year, fueling hopes the world’s
1970-01-01 08:00
Alibaba Vows ‘Historic’ Investment in Taobao and Content
Alibaba Group Holding Ltd.’s e-commerce division will make “huge” investments in its Taobao shopping app, as the newly
1970-01-01 08:00
Masayoshi Son Now Owes SoftBank $5.2 Billion on Side Deals
Masayoshi Son is now personally on the hook for about $5.2 billion on side deals he set up
1970-01-01 08:00