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Tech News
China’s Alibaba has Reportedly Slashed Jobs in Metaverse Division
China’s e-commerce giant Alibaba is reportedly scaling back its metaverse ambitions amid the rapid growth of AI. According to the…
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Chinese Tech Firms Baidu, TikTok-owner ByteDance, Tencent, Alibaba Order Nvidia AI Chips Worth $5 Billion: Report
China’s internet giants are rushing to acquire high-performance Nvidia chips vital for building generative artificial intelligence systems, making orders worth…
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China Says Its New Measures to Regulate Generative AI Will Apply Only to Products for the Public
China published measures on Thursday to manage its booming generative artificial intelligence (AI) industry, softening its tone from an earlier…
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Alibaba Cloud, Near Foundation Agree to Collaborate on Asia’s Web3 Growth: Details
Web3 adoption, around the world, seems to be heating up with plenty happening around crypto rules and CBDC introductions in…
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GameStop Ousts CEO, Posts Bigger-Than Expected Quarterly Loss
Ryan Cohen, the billionaire investor whose bold bet on GameStop made him a hero to meme stock traders, took over…
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Tencent to Cut Cloud Services Prices by Up to 40 Percent to Match Rivals
Chinese internet giant Tencent Holdings is cutting prices for cloud services by up to 40 percent from June amid similar…
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US Senators Urge US President Joe Biden to Sanction Huawei Cloud, Other Chinese Cloud Service Providers
A group of nine Republican senators on Tuesday urged the Biden administration to impose sanctions on Huawei Cloud and other…
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Alibaba’s Tongyi Qianwen AI Model Announced, to Be Integrated With All Company Applications
Alibaba Group Holding on Tuesday unveiled Tongyi Qianwen, an AI large language model similar to GPT that it plans to…
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Google Maps, Assistant Could Arrive in Porsche Cockpits as Carmaker Considers Software Integration
Porsche is considering fully integrating Google software into its car cockpit, a source close to the company said on Thursday,…
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Jack Ma to Handover Ant Group’s Control as Part of Company’s Restructure
Chinese billionaire Jack Ma will cede control of fintech giant Ant Group as part of a restructure, the company announced…
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Microsoft to Implement Cloud Computing Changes for Service Providers From October 1
Microsoft announced on Monday that it will implement the cloud computing changes from October 1. When the company announced these…
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China’s Cyber Watchdog Wants ‘Affectionate’ Ties With Domestic Internet Firms
China’s cyberspace watchdog wants to build an “affectionate” relationship between internet enterprises and the government, a senior official said on…
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