Alibaba
- World
Alibaba Founder Jack Ma resurfaces, cites ‘difficult’ year to rural teachers
Hong Kong: Alibaba Group Founder Jack Ma, who has gone into hiding after regulatory crackdown in China amid the massive Covid surge in the country, resurfaced in a short video on the…
- Business
Alibaba rejigs top brass after major server outage, CEO to look after Cloud arm
Beijing: In a major reshuffle amid intense scrutiny by the Chinese government, Alibaba Group on Thursday unveiled key senior management changes, including Wu Zeming’s rise to the company’s Chief Technology Officer (CTO),…
- Business
Alibaba to sell shares worth $200 mn in Zomato: Report
New Delhi: Chinese behemoth Alibaba is set to sell its shares worth $200 million in Zomato via a block deal on Wednesday, the media reported. According to CNBC Awaaz, citing sources, Ant…
- Technology
Alibaba lays off nearly 10K employees amid poor sales
Beijing: Chinese tech conglomerate Alibaba has bid goodbye to nearly 10,000 employees in an effort to cut expenses amid sluggish sales and slowing economy in the country, the media reported on Saturday.…
- Technology
Chinese authorities grill Alibaba executives in data leak of 1 bn people
Hong Kong: Rattled by the alleged data leak of nearly 1 billion residents, the Chinese authorities summoned executives and senior technicians from Alibaba Group, after the hacker claimed the data came from…
- Technology
China clears law to penalise internet firms for abusing market competition
Beijing: In a further crackdown on Internet and digital companies, China has cleared a revised anti-monopoly law that will shut loopholes in existing regulation in terms of abusing market dominant position, drawing…
- Technology
Alibaba best-paying tech company in China despite crackdown
Beijing: Despite China aiming to rein in domestic Internet giants, Alibaba is still the best-paying tech company in the country at an average monthly salary of $5,000, followed by ByteDance and Tencent…
- Business
Arrest of Jack Ma erodes $27 bn from Alibaba’s share value
Beijing: The arrest of an individual with the last name ‘Ma’ in China left people in utter shock who dumped shares in Alibaba that eroded a massive $27 billion in its share…
- World
China to further rein in domestic tech giants to revive Internet sector
Beijing: Alarmed at the slowing tech and internet sector, China is now planning to further shift its policies to control domestic tech giants like Alibaba and Tencent, as the country battles Covid-19…
- Technology
China suspends Alibaba Cloud over failure to report internet bug
Beijing: China has suspended Alibaba Cloud’s services for six months after the company failed to report about the serious Internet bug — which has put millions of systems and devices at hacking…
- Technology
Alibaba undergoes top management reshuffle amid China crackdown
Beijing: Chinese conglomerate Alibaba on Monday announced a major reshuffle at the top, as the country tightens its stand against domestic Big Tech companies over data and internet regulations. Toby Xu, Deputy…
- World
‘Common prosperity’ goals of CCP target Chinese tech giants
Beijing: Chinese tech giants are beginning to dislike the ‘common prosperity’ goals of the Chinese Communist Party (CCP), President Xi Jinping’s push to redistribute wealth in China. Fabien Baussart, writing in The…
- World
Alibaba dumping Chinese media company’s shares after Beijing’s clampdown on big-tech
Beijing: Of late China’s big tech firms like Alibaba, Tencent and Baidu are facing problems under growing pressure from Beijing’s campaign to rein in their power and influence. Owing to the clampdown,…
- World
China fines internet giants in anti-monopoly cases
Beijing: Companies including internet giants Alibaba and Tencent were fined Wednesday by anti-monopoly regulators in a new move to tighten control over their fast-developing industries. In 22 cases, companies were fined 500,000…
- Technology
Alibaba making cloud OS compatible with multiple chip architectures
Beijing: Alibaba’s cloud computing unit is making its Apsara operating system compatible with processors based on Arm, x86, RISC-V, among other architectures, the company has said. Alibaba Cloud is one of the…
