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The Latest Breaking News from Alibaba

TikTok trackers found on multiple US government websites

Tracking pixels belonging to TikTok, Tencent, Alibaba, and Russian-owned Kaspersky were all found.

TechRadar

Weaponised drone made in China shot down in Ukraine

Retrofitted and weaponised drone shot down by AK-47 in eastern Ukraine

The Independent UK

Weekly Must-Read: TikTok’s Chinese Twin Is Taking On Alibaba and Meituan for E-Commerce Market Share

Like ByteDance’s TikTok, the Douyin video sharing app deploys live-streaming in the competition for consumers in the online marketplace

Caixin Global

From analysis to the latest developments in health,
read the most diverse news in one place.

China's JD.com Beats Quarterly Sales, Earnings Targets Despite Covid Restraints

China e-commerce giant JD.com on Thursday beat expectations for sales and earnings in the fourth quarter. JD stock fell.

Investors Business Daily

What the ChatGPT Moment Means for U.S.-China Tech Competition

The rise of American-made chatbots has kicked off a flurry of Chinese activity.

Foreign Policy

China wants AI to rival ChatGPT. Censorship makes that tricky

Chinese firms including Baidu and Alibaba are racing to roll out versions of the chatbots taking tech world by storm.

Al Jazeera

Stock Market Sells Off As Hot Inflation Revives Fed Fears; Nvidia, Walmart, Home Depot Earnings In Focus: Weekly Review

The market rally is under increasing pressure as inflation revives and Fed fears mount. Nvidia spiked on earnings, but Walmart and Home Depot guided low.

Investors Business Daily

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A year into Ukraine war, Asia’s big brands sit out Russia boycott

Fewer than 100 Asia-based firms have suspended or scaled back their Russia operations, according to database.

Al Jazeera

Alibaba Fights Through Multiple Obstacles To Report Quarterly Earnings Beat

Alibaba reported quarterly results early Thursday, as the China e-commerce giant beat estimates. BABA stock jumped.

Investors Business Daily

Dow Jones Futures Rise: Nvidia Earnings Lift Chips; S&P 500 Set To Bounce From Key Support

The S&P 500 tested its 50-day moving average Wednesday. Nvidia jumped late as the chip giant headlined overnight earnings.

Investors Business Daily

2 China Stocks That Could Be Better Buys Than Alibaba in 2023

Amid the reopening of China’s economy, stocks are expected to see a significant rebound. Therefore, investors could invest in fundamentally strong stocks Hello Group (MOMO) and China Automotive Systems (CAAS) instead of Alibaba Group (BABA). Read more….

StockNews.com

China Internet Stocks Slammed On Fear Of Growing Competition

JD stock and other China internet stocks dropped as JD plans to spend $1.5 billion to create a subsidiary, raising fears of more competition.

Investors Business Daily

Hackers scored data center logins for some of the world’s biggest corporations more than a year ago. Now they’re selling that information

In an episode that underscores the vulnerability of global computer networks, hackers got ahold of login credentials for data centers in Asia used by some of the world’s biggest businesses, a potential bonanza for spying or sabotage, according to a cybersecurity research firm.

Tribune News Service

Weekly Must-Read: China’s Hunt for Strategic New Energy Minerals

Pursuit of key minerals intensifies as U.S., Canada and Australia restrict Chinese access to “strategic” materials

Caixin Global

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news in one place.

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Bangkok Post

Sabuy aims to capture society’s basic needs

Founded as a top-up machine operator in 2015, Sabuy Technology Plc has shifted focus to a commerce lifestyle platform provider, aiming to become an infrastructure operator in that sector regionally by next year.

Los Angeles Times

First came fast-fashion giant Shein. Now other Chinese brands are gunning for the same success

For nearly two decades, Bowen Tsui's family business in China has made garments to order for foreign clients to sell overseas under their own labels. Now, he believes the company's survival depends on whether it can design, brand and distribute clothing by itself.

Investors Business Daily

Dow Jones Futures Rise As Disney Jumps; Why This Market Rally Still Looks Healthy

The market rally fell Wednesday as Google dived, but it still looks healthy. Disney leads overnight earnings movers.

The Independent UK

Chill pervades China's tech firms even as crackdown eases

A grinding crackdown that wiped billions of dollars of value off Chinese technology companies is easing, but the once-freewheeling industry is bracing for much slower growth ahead

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Caixin Global

Jack Ma Meeting Rumor Sends Stock of Thai Giant’s Unit Soaring

CP Group subsidiary Chia Tai Enterprises traded at HK$6.98 at one point on Wednesday, more than eightfold Monday’s opening price

The Independent UK

Asian shares mixed after last week's gains on Wall Street

Shares are trading mixed in Asia after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four

Investors Business Daily

Stock Market Gives Back Modest Gains; Insurance Stock Tanks

Insurance and bank stocks weighed on major stock market indexes. Gaming and entertainment stock soars.

The Guardian - UK

China to take ‘golden shares’ in tech firms Alibaba and Tencent

Move marks shift in focus by Beijing as it tries to extend influence and keep sector in check

Caixin Global

Weekly Must-Read: China Wraps Up Two-Year Tech Crackdown

Central bank and banking regulator’s Guo Shuqing sends first signal that sector led by Alibaba, Tencent, Didi and Meituan may finally be off the hook

The Japan News/Yomiuri

Beijing seen shifting stance over control over major IT companies

BEIJING -- The Chinese Communist Party and the government is increasingly believed to be loosening its tight controls on the country's major IT firms, such as Alibaba Group Holding Ltd.

Investors Business Daily

Alibaba Keeps Climbing As It Gets More Good News From China Regulators

BABA stock climbed as it received good news that government officials will ease a two-year regulatory clampdown on Internet companies.

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