Alibaba

Sombr Sings Aching ‘Homewrecker’ Hit in a Rainstorm During AMAs Performance

MusicThe musician is one of the most nominated artists of the night with seven total nods including New Artist of the Year, Album...

American Music Awards Winners List: Sombr & – Huntr/X Among Early Names Announced

Music While Taylor Swift led the pack at the American Music Awards with eight nominations, the night’s top winners were KATSEYE, SOMBR, Sabrina Carpenter,...

Sombr Makes It Rain at the American Music Awards With Splashy Version of ‘Homewrecker’

Music The American Music Awards may have been taking place in Las Vegas, but Sombr paid inadvertent tribute on Monday night to his hometown...

Alibaba Launches Quark AI Glasses

Alibaba’s Quark brand debuts its dual-chip, AI-powered smart glasses integrated with Qwen, with prices starting at just USD $265...

Alibaba eyes hiring spree, predicts AI bubble in the US

Homepage > News > Business > Alibaba eyes hiring spree, predicts AI bubble in the US Chinese technology giant Alibaba (NASDAQ: BABA) has confirmed plans to increase its staff strength following a high-level meeting with Chinese President Xi Jinping. Alibaba Group Chairman Joe Tsai and company founder Jack Ma disclosed the plans to embark on

Billionaire Alibaba Invests $53 Billion in AI to Compete with Top Tech Companies

Chinese billionaire Jack Ma’s company, Alibaba, is making a big move into artificial intelligence (AI) by investing $53 billion over the next three years to improve its AI technology, including building big data centres. This plan puts Alibaba in competition with major tech companies like Microsoft...

Alibaba founder Jack Ma returns to China for school visit: Report

The report also said the billionaire businessman, who is a former English teacher, returned to China after a brief stop in Hong Kong, where he met friends and also briefly visited Art Basel...

Alibaba Stock News and Forecast: BABA stock advances again as logistics business eyes IPO

Alibaba's logistics unit is seeking Hong Kong IPO. Bloomberg: Citigroup is speaking with Cainiao. Valuation said to be $20 billion. BABA makes its up to $103-$105 resistance zone. Alibaba (BABA) stock has advanced as much as 4% on Thursday after the logistics subsidiary of China's ecommerce leader was reportedly already shopping banks for an IPO. Cainiao

Alibaba Agenda to Restructure Its Businesses Stokes Speculation Regarding Suspended Ant Group IPO

As the tech space digests the Alibaba news, attention also shifts to what becomes of Ant Group’s 2020 suspended IPO.  The decision by Alibaba Group (NYSE: BABA) to split its business into 6 places has renewed focus on the suspended Ant Group IPO. At the beginning of the week, Alibaba announced plans to split into 6 independent business groups. According to

Alibaba to Split into 6 Business Groups Capable of Individual IPO as Company Prepares for Major Restructuring

Chinese e-commerce giant Alibaba has confirmed plans to split into smaller groups to allow each one pursue independent IPO. Alibaba Group Holding Limited (NYSE: BABA) recently announced plans to split into 6 business units, each capable of pursuing an IPO. According to the Chinese e-commerce giant, the move seeks to “unlock shareholder value and foster market

Alibaba, China’s largest tech firm, set to restructure into six spin-offs

TechSpot is about to celebrate its 25th anniversary. TechSpot means tech analysis and advice you can trust. What just happened? In a surprise move, Chinese tech giant Alibaba has announced plans to split itself into six different business groups. The company reportedly plans to offer IPOs for at least five of the six entities, although there's no

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