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Naspers and Prosus CEO Fabricio Bloisi says he is overhauling corporate culture and pay structures in search of growth beyond Prosus' stake in Tencent
(
t.co
)
2024-10-28
Tencent
Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices
(
www.wsj.com
)
2024-10-27
Alibaba
LatticeFlow's LLM Checker, which analyzed models from Meta, Alibaba, Mistral, Anthropic, and OpenAI against the EU's AI Act, finds some compliance issues
(
www.reuters.com
)
2024-10-16
Alibaba
AI
Filing: Chinese smart-driving company Horizon Robotics is targeting to raise ~$700M in its Hong Kong IPO; Alibaba and Baidu are among its cornerstone investors
(
www.wsj.com
)
2024-10-16
China
Hong Kong
IPO
Alibaba
Robot
Ubisoft shares jump following reports of Tencent, Guillemot family considering buyout
(
indianexpress.com
)
2024-10-6
Tencent
Tencent, Guillemot Family Mull Ubisoft Buyout Amid Share Slump
(
slashdot.org
)
2024-10-5
Tencent
Sources: Tencent and Ubisoft's founding Guillemot family are considering options including a buyout of Ubisoft after it lost 50%+ of its market value this year
(
www.bloomberg.com
)
2024-10-5
Tencent
Sources: Tencent is the unidentified shareholder that raised about $206M after selling Chinese brokerage-platform Futu's American depositary shares
(
www.bloomberg.com
)
2024-9-27
China
U.S.
Tencent
A look at Chinese PE firm CSC Group, which has stakes in 360 US tech startups via Hone Capital that is reportedly under an FBI probe over IP transfers to China
(
t.co
)
2024-9-26
China
Startup
FBI
Qihoo
Sources: the FBI is investigating whether China-backed Hone Capital, a US VC firm that invested in 360 US tech startups, allowed Beijing to obtain trade secrets
(
t.co
)
2024-9-25
China
Startup
FBI
Qihoo
Mumbai-based Qure.AI, which uses AI to help identify and manage critical diseases at 3K+ imaging sites, raised a $65M Series D led by Lightspeed and 360 ONE
(
www.bloomberg.com
)
2024-9-23
AI
Qihoo
Alibaba accelerates AI push by releasing new open-source models, text-to-video
(
indianexpress.com
)
2024-9-20
Alibaba
AI
Alibaba releases 100+ open-source models from its Qwen 2.5 family, its LLM released in May 2024, ranging from 0.5B to 72B parameters, and text-to-video AI tech
(
www.reuters.com
)
2024-9-19
Alibaba
AI
GoTo signs a five-year cloud infrastructure deal with Alibaba, which has agreed to not sell down its 7.5% stake in GoTo any further for the duration of the deal
(
www.bloomberg.com
)
2024-9-18
Alibaba
Q&A with Alibaba.com president Kuo Zhang on the enduring importance of the US market, navigating geopolitical tensions, competing with Shein and Temu, and more
(
restofworld.org
)
2024-9-13
Alibaba
In a memo to commemorate Alibaba's 25th anniversary, Jack Ma said the competition will make the company stronger, urging trust “in the power of market forces”
(
www.wsj.com
)
2024-9-11
Jack Ma
Alibaba
Alibaba Now Sells a $200,000 Diamond-Making Machine
(
news.slashdot.org
)
2024-9-11
Alibaba
Alibaba's stock rises 5%+ after being made directly accessible to mainland China investors for the first time, following an upgrade to Hong Kong primary listing
(
t.co
)
2024-9-10
China
Hong Kong
Alibaba
Sources: Apple approves a WeChat update for iOS, as talks continue with Tencent to offer IAP and block links to external payment services in mini games
(
www.bloomberg.com
)
2024-9-6
IOS
Apple
WeChat
Tencent
Alibaba will let shoppers check out via Tencent's WeChat Pay on its Taobao and Tmall shopping platforms, as Chinese government crackdown on Alibaba ends
(
www.bloomberg.com
)
2024-9-4
China
Alibaba
WeChat
Tencent
China's top antitrust regulator says it has seen “effective results” that Alibaba has ceased the monopolistic practices that prompted an investigation in 2020
(
www.bloomberg.com
)
2024-8-30
China
Alibaba
Sources: Tencent and NetEase reconsider or scale back Japanese game studio investments, after the strategy yielded few hit games and the Chinese market revived
(
www.bloomberg.com
)
2024-8-30
China
Japan
Tencent
Alibaba releases Qwen2-VL, a new AI model that it says can analyze videos longer than 20 minutes to summarize and answer questions about the videos' content
(
venturebeat.com
)
2024-8-30
Alibaba
AI
Chinese tech giants splurge on AI infrastructure, doubling their capex in 2024; Alibaba, Tencent, and Baidu had a combined ~$7B capex in H1 2024, up 117%+ YoY
(
www.ft.com
)
2024-8-29
China
Alibaba
AI
Tencent
Chinese-made, Tencent-backed game Black Myth: Wukong sold 10M copies in just 83 hours, one of the fastest game debuts in history, earning an estimated $450M+
(
www.bloomberg.com
)
2024-8-26
China
Tencent
Chinese tech giants splurge on AI infrastructure, doubling their 2024 capex; Alibaba, Tencent, and Baidu had a combined capex of ~$7B in H1 2024, up 50%+ YoY
(
t.co
)
2024-8-26
China
Alibaba
AI
Tencent
Shareholders approve upgrading Alibaba's Hong Kong listing, which expects to attract billions of dollars in Chinese investment, to primary status on August 28
(
www.bloomberg.com
)
2024-8-23
China
Hong Kong
Alibaba
Since 2023, Chinese investors, including Alibaba and Tencent, have valued 6+ China-based startups developing LLMs, dubbed “Little AI Dragons”, at $1B+ each
(
www.wsj.com
)
2024-8-21
China
Alibaba
Startup
AI
Tencent
Black Myth: Wukong, a Chinese-made, Tencent-backed game, became Steam's fourth most popular title ever within hours of its launch with 1.4M+ concurrent players
(
www.bloomberg.com
)
2024-8-20
China
Tencent
Alibaba reports Q1 revenue up 4% YoY to ~$34B, below ~$34.9B est., and net income down 27% YoY to ~$3.4B, after aggressive promotions failed to drive spending
(
www.bloomberg.com
)
2024-8-15
Alibaba
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