Alibaba

Bungie Laying Off ‘Most of the Destiny Team and Some Marathon Team’

by William D'Angelo , posted 18 hours ago / 1,392 Views Sony Interactive Entertainment Studio Business Group CEO Hermen Hulst has announced PlayStation is laying off employees at Bungie. This includes "most of the Destiny team and some Marathon team members." Sony Interactive Entertainment teams that also support Bungie's operations have been hit with layoffs.

PlayStation CEO Says Goal for Cheaper Japan-Only PS5 Was Done to Revitalize Japanese Market

by William D'Angelo , posted 20 hours ago / 1,465 Views The President and CEO of Sony Interactive Entertainment (SIE) Hideaki Nishino in an interview with Famitsu said selling the cheaper Japan-only PlayStation 5 is being done to revitalize the PlayStation business in the country.  He also stated that due to the exchange rates caused

Josh Hokit reveals 7-figure sum he expects to have earned in the UFC by the end of 2026

It has been a controversial year for Josh Hokit — but also a lucrative one. The former American football player has become the latest fighter looking to gain prominence in the UFC with a polarizing persona. It looks to have worked for ‘The Incredible Hok’ so far, as he has already broken into the top

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

Newsletter

Don't miss

Bungie Laying Off ‘Most of the Destiny Team and Some Marathon Team’

by William D'Angelo , posted 18 hours ago / 1,392 Views Sony Interactive Entertainment Studio Business Group CEO Hermen Hulst has announced PlayStation is laying off employees at Bungie. This includes "most of the Destiny team and some Marathon team members." Sony Interactive Entertainment teams that also support Bungie's operations have been hit with layoffs.

PlayStation CEO Says Goal for Cheaper Japan-Only PS5 Was Done to Revitalize Japanese Market

by William D'Angelo , posted 20 hours ago / 1,465 Views The President and CEO of Sony Interactive Entertainment (SIE) Hideaki Nishino in an interview with Famitsu said selling the cheaper Japan-only PlayStation 5 is being done to revitalize the PlayStation business in the country.  He also stated that due to the exchange rates caused

Josh Hokit reveals 7-figure sum he expects to have earned in the UFC by the end of 2026

It has been a controversial year for Josh Hokit — but also a lucrative one. The former American football player has become the latest fighter looking to gain prominence in the UFC with a polarizing persona. It looks to have worked for ‘The Incredible Hok’ so far, as he has already broken into the top

Detroit Lions Star football player facing LIFE in prison for Kidnapping Charges in Florida

Detroit Lions Star football player facing LIFE in prison for Kidnapping Charges in Florida Detroit Lions cornerback Terrion Arnold was arrested June 24 in Tampa, Florida, on four counts of kidnapping and four counts of armed robbery. Prosecutors allege Arnold coordinated the robbery and assault of his personal driver and two associates after accusing the

NCAA New Eligibility Rules and When To Get Concerned with Alabama Recruiting on The Joe Gaither Show

Let's fire up a Wednesday edition of "The Joe Gaither Show on BamaCentral" as we welcome Theo Fernandez back to the program. We discuss the NCAA's new eligibility rules, Labaron Philon getting drafted and Alabama football recruiting. The show begins with the NCAA's new rules on eligibility. Will the 5-in-5 rule be an effective way to get