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Alibaba Group Holding Ltd

China’s AI applications are coming — where it matters for monetization

by Ron Morgan
China’s AI applications are coming — where it matters for monetization

Chinese companies are making announcements about artificial intelligence again – this time about applications. Search engine giant Baidu earlier this month revealed, among other AI tools, a platform for creating …

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Arm China ‘doing well,’ CEO says, as Son reduces China exposure

by Edgar Davis
Arm China ‘doing well,’ CEO says, as Son reduces China exposure

You can watch David Faber’s interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son on CNBC Pro. Arm’s China subsidiary is “doing well” with strong potential in data …

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Yum China says tech let it open stores without needing more staff

by Walter Watson
Yum China says tech let it open stores without needing more staff

Pedestrians walk past a Pizza Hut restaurant and a KFC restaurant, both operated by Yum China, in Beijing, China, on Sept. 5, 2020. Bloomberg | Bloomberg | Getty Images BEIJING …

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SoftBank’s Masayoshi Son says tech can surpass human intelligence

by Ron Morgan
SoftBank’s Masayoshi Son says tech can surpass human intelligence

This file picture taken on July 28, 2016 shows SoftBank Group Representative Masayoshi Son speaking at a press conference to announce the company’s financial results in Tokyo. Kazuhiro Nogi | …

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Former Starbucks CEO Howard Schultz steps down from board

by Anas Siddiqui
Former Starbucks CEO Howard Schultz steps down from board

Former Starbucks CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, March 22, 2017. Jason Redmond | AFP | Getty Images Former Starbucks CEO Howard Schultz is …

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Alibaba CEO Eddie Wu warns of being ‘displaced’

by Edgar Davis
Alibaba CEO Eddie Wu warns of being ‘displaced’

Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba needs …

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Alibaba shares tumble after Daniel Zhang unexpectedly quits cloud business

by Walter Watson
Alibaba shares tumble after Daniel Zhang unexpectedly quits cloud business

Alibaba CEO Daniel Zhang Yong speaks during the launching ceremony of Alibaba Rural Vitalization Fund on May 17, 2021 in Lanzhou, Gansu Province of China. Vcg | Visual China Group …

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Alibaba says Daniel Zhang quits cloud business in surprise move

by Ron Morgan
Alibaba says Daniel Zhang quits cloud business in surprise move

Daniel Zhang, chairman and chief executive officer Alibaba Group, said the company’s financial year from April 2021 to March 2022 was impacted by the uncertainties around Covid, “new expectations” on …

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Tencent releases AI model Hunyuan for businesses amid China competition

by Walter Watson
Tencent releases AI model Hunyuan for businesses amid China competition

Chinese tech giant Tencent is launching its artificial intelligence model “Hunyuan” for business use at an annual summit on Thursday, Dowson Tong, CEO of the cloud and smart industries group …

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Asian buybacks just hit a 20-year high — and these stocks are a buying opportunity

by Walter Watson
Asian buybacks just hit a 20-year high — and these stocks are a buying opportunity

Analysts at Bank of America named Asian stocks with high buybacks, which they said are an opportunity for investors. Companies buy shares back from investors for a variety of reasons, …

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