alibaba

Some of the biggest tech companies in China are buying up a lot of land in mainland China, following the real estate crash in the country. These include Tencent, Alibaba and MiHoYo, the gaming studio that developed Genshin Impact…

Some of those people are policymakers, who have been trying hard to respond to the problems AI products pose without reducing our ability to harness their power.  So at the beginning of this year, my colleagues and I looked around the world for signs of how AI regulations are likely to change this year. We summarized what we found here.  In China, one of the major moves to be on the lookout for in 2024 is whether the country will follow in the European Union’s footsteps and announce its own comprehensive AI Act. In…

The shares were bought in both the US and Hong Kong stock markets, the company said in a filing. The shares were bought in both the US and Hong Kong stock markets, the company said in a filing. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was slapped with a 1 billion yuan ($140.68 million) fine over monopolistic practices.Zhejiang Tmall Network Co, Zhejiang Tmall Technology Co and Alibaba Group Holding Limited were found to have abused market dominance and adopted monopolistic practices known as "choosing one from two", causing severe damages to JD.com, according to a JD.com statement, citing a ruling by a court in Beijing. Discover the stories of your interest…

A U.S. judge on Wednesday rejected Alibaba's bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the popular children's toy Squishmallows on its online platforms.U.S. District Judge Jesse Furman in Manhattan said Kelly Toys, whose parent Jazwares is owned by billionaire Warren Buffett's Berkshire Hathaway, plausibly alleged that Alibaba knew about and contributed to the merchants' infringement of its copyrights and trademarks.Elevate Your Tech Prowess with High-Value Skill…

Alibaba Group reduced its stake in China-based electric-vehicle maker Xpeng for the second time this month, according to a regulatory filing on Tuesday.Alibaba reported a 9.2% stake in the stock as of December 15, compared with its stake of 12.5% more than a week ago. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMITMIT Technology Leadership and InnovationVisitIIT DelhiIITD Certificate Programme in Data Science & Machine…

I’m fascinated by these experiments that give power back to the users and let them make decisions on platform rules and in individual disputes. While most of the jury features were discontinued after just a few years, they nevertheless provide interesting insight into basic human behavior on the internet and the nature of grassroots governance. One of the oldest programs was from Alibaba, the e-commerce giant. From 2012 to 2018, Alibaba allowed any user, whether a seller or a buyer, to vote on inappropriate behaviors on…

PDD, the firm behind the fast-growing shopping app Temu, is shaking up China’s Big Tech club. On Thursday, news of Alibaba’s market cap sliding under that of PDD made headlines all over the Chinese internet. This development marked a historic shift in China’s e-commerce space, where for years Alibaba had held the crown jewel. Now the 24-year-old incumbent is facing its greatest challenges while eight-year-old PDD catches up with an impressive ascent. PDD, which saw its market value surge over…

Alibaba Quantum Computing Lab has been shut down, a sign that the Chinese e-commerce and cloud operator is considering more cutbacks to bulk up the bottom line. Alibaba will donate its equipment to Zhejiang University in Hangzhou, where the company is based, a company spokesperson said Monday. The lab's closure will result in the loss of about 30 staff, some of whom Alibaba may help find positions at the same college, a person familiar with the matter said, asking to remain unidentified discussing private…

Alibaba's online shopping platforms Taobao and Tmall cancelled their annual December 12 shopping festival and will instead host another shopping spree called 'year-end good price' in December, according to notices on the platforms' websites on Friday.The dates of the new festival were not included in the notice, which was posted in a help section for platform merchants. Alibaba did not immediately respond to a request for comment on the change.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…