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Alibaba Group Holding Ltd

Alibaba-backed Xreal claims it’s an AR glasses unicorn

by Walter Watson
Alibaba-backed Xreal claims it’s an AR glasses unicorn

Xreal Air 2 in action. Xreal’s augmented reality glasses is compatible with gaming consoles and can allow users to play games on a large virtual screen Xreal BEIJING — Alibaba-backed …

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Baidu’s Ernie AI chatbot to power Samsung’s new Galaxy S24 smartphones

by Walter Watson
Baidu’s Ernie AI chatbot to power Samsung’s new Galaxy S24 smartphones

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into …

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Alibaba stock up after Jack Ma and Joe Tsai buy shares

by Walter Watson
Alibaba stock up after Jack Ma and Joe Tsai buy shares

Alibaba co-founders Jack Ma and chairman Joe Tsai, in front of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Sept. 19, 2014. Scott Eels | Bloomberg …

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Google vows not to charge data transfer fees when cloud customers exit

by Edgar Davis
Google vows not to charge data transfer fees when cloud customers exit

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google’s latest effort to …

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Meituan lost $82 billion in market cap on slowdown fears, more competition

by Edgar Davis
Meituan lost  billion in market cap on slowdown fears, more competition

A food delivery courier for Meituan in Beijing, China, on Tuesday, Aug. 22, 2023. A surge in sales expected for Meituan may be a catalyst to its shares, which have …

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Don’t read too much into market losses so far

by Horatio Thompson
Don’t read too much into market losses so far

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City.  Angela Weiss | AFP | Getty Images …

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Robosense Technology IPO debuts in Hong Kong, the first in 2024

by Horatio Thompson
Robosense Technology IPO debuts in Hong Kong, the first in 2024

A Robosense Lidar camera sits on a Hanteng Auto e+ Pilot autonomous vehicle on display at the Auto Shanghai 2019 show in Shanghai, China, on Wednesday, April 17, 2019. China’s …

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Alibaba’s Lazada cuts staff across Southeast Asia in fresh round of layoffs

by Walter Watson
Alibaba’s Lazada cuts staff across Southeast Asia in fresh round of layoffs

Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited’s Shopee and Tokopedia, according to Momentum Works. Matt Hunt | Lightrocket | Getty Images SINGAPORE — Alibaba-owned Lazada began …

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Hawkish Fed minutes chill markets further

by Walter Watson
Hawkish Fed minutes chill markets further

The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Dec. 28, 2023. Valerie Plesch | Bloomberg | Getty Images This report is from today’s CNBC Daily …

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Alibaba was once a Wall Street darling. What’s next?

by Walter Watson
Alibaba was once a Wall Street darling. What’s next?

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters BEIJING — It’s been a tumultuous 12 …

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