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The Latest Breaking News from SCMP

Alibaba Stock Surges 95% As Company Doubles Down On AI, Cloud

Alibaba Group Holding Limited (NYSE:BABA) remains aggressively invested in a gamut of activities, including integrating artificial intelligence across its e-commerce ecosystem and expanding its global footprint through significant investments in Hong Kong real estate to drive value.

Benzinga

Will Alibaba's New Chip Finally Unseat Nvidia In China?

Alibaba Group Holding Ltd. (NYSE:BABA) is intensifying its challenge to U.S. technology leaders with the debut of a high-performance processor designed to rival Nvidia Corp.’s (NASDAQ:NVDA) H20 graphics chip, alongside an open-source artificial intelligence agent positioned against OpenAI’s Deep Research platform.

Benzinga

China has reportedly told its data center operators to source more than 50% of their chips from domestic manufacturers in an effort to break away from US tech

What was once a local policy now appears to be nationwide.

PC Gamer

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14 ex-Huawei employees handed down prison sentences in China — accused face up to six years for taking 'chip-related business secrets' with them to form startup Zunpai

China’s courts take tech secret pilfering seriously, if one of its homegrown companies appears to be the victim.

Tom’s Hardware

Alibaba Intensifies Instant Delivery Fight With New Campaign

Chinese e-commerce juggernaut Alibaba Group Holding (NYSE:BABA) is intensifying its efforts in China’s fiercely competitive instant delivery market by launching a new 100-day Super Saturdays campaign under its Taobao Shangou brand.

Benzinga

China is building a constellation of AI supercomputers in space — and just launched the first pieces

China has launched the first cluster of satellites for a planned AI supercomputer array. The first-of-its-kind array will enable scientists to perform in-orbit data processing.

LiveScience

Chinese chip giants say they don't care about U.S. tariffs — many don't sell to the U.S. anyway due to existing sanctions

Multiple publicly traded Chinese companies have notified their investors that the recently imposed tariffs from the trade war do not concern them largely because US sanctions have already prevented them from selling into the US.

Tom’s Hardware

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China's Concorde: What we know about the planned C949 jet that could revive supersonic air travel

Chinese media reported that the C949 would have a 50 per cent range boost over the retired Concorde and fly with a noise level like a blowing hairdryer.

Euronews

Watch robot dog and drone locked in fierce battle — blasting fireworks at each other in future warfare demo

A viral video captured in an unknown location and widely shared on social media in China shows a robotic dog and a drone firing fireworks at each other.

LiveScience

TSMC ends contract with Singapore-based company over alleged Huawei ties

No more ties over Asced 910 guys.

Tom’s Hardware

New Mom Wrapped In Plastic Bag After Childbirth Stirs Curiosity Online: “It’s Cheap”

Curiosity was sparked following a sighting of a woman being wrapped in plastic after she had given birth. The post New Mom Wrapped In Plastic Bag After Childbirth Stirs Curiosity Online: “It’s Cheap” first appeared on Bored Panda.

Bored Panda

Jack Ma Makes Rare Appearance At Alibaba Fintech Event Stresses On AI Revolution

Jack Ma Returns to Ant Group's 20th Anniversary Celebration After Three Years Jack Ma made his first public appearance at Ant Group's 20th anniversary event, marking his return after the 2020 IPO setback. He expressed optimism about the future of Ant Group, which is pushing forward with AI innovations and…

Benzinga

Policeman Acts As Couple’s Late Son For A Decade To Comfort Grieving Disabled Mother

Jiang Jingwei was comforting the grieving parents after the tragic loss of their child in 2003. The post Policeman Acts As Couple’s Late Son For A Decade To Comfort Grieving Disabled Mother first appeared on Bored Panda.

Bored Panda

The Best ‘BABA’ Buy Among Alibaba’s Top 11 Unusually Active Options

Alibaba had 11 unusually active options in Thursday trading with Vol/OI ratios of 10 or greater. Its total options volume was more than 4x the 30-day average as investors continued to ride the rebound.

Barchart

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The Guardian - AU

The Crunch: big cars and road deaths, the people’s verdict on CEO salaries and tracking baby pandas

A simple stripy chart measures worsening air quality around the world. Plus: North Korea continues its trashy balloon campaign

Bored Panda

Woman’s Brutal Prank On “Rude” Louis Vuitton Staff Hailed As “Revenge Of The Year” Online

Louis Vuitton employees in China made a “Big mistake. Big. Huge.” The post Woman’s Brutal Prank On “Rude” Louis Vuitton Staff Hailed As “Revenge Of The Year” Online first appeared on Bored Panda.

International Business Times

IBM Shutters R&D Labs In China, Slashing 1,000-Plus Jobs in Beijing And Elsewhere

The computer giant joined other Big Tech firms, including Amazon and Tesla, in cutting Chinese payrolls as tensions with the U.S. rise.

Bored Panda

Olympian Known As “Goddess Of Track And Field” Sparks Controversy With Tattoo And Make-Up

“I am confident in myself. I don’t have that tattoo for nothing.” The post Olympian Known As “Goddess Of Track And Field” Sparks Controversy With Tattoo And Make-Up first appeared on Bored Panda.

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Caixin Global

Lawrence Wong: Singapore’s New Prime Minister Seeks to Be a ‘Servant’ of the People

Known as a consumate technocrat, Wong was sworn in on Wednesday, becoming only the fourth leader of the island nation since independence

Tom’s Hardware

China gives local companies funding to buy homegrown GPUs — aiming for self-sufficiency by 2027

The city government in Beijing has outlined plans to subsidize companies that buy Chinese-made processors. Its draft policy has a strong emphasis on GPUs, as they have been most badly affected by US export controls

PC Gamer

A year and a half after its bitter breakup with NetEase, Blizzard has made a new deal to bring its games back to China—with NetEase

Blizzard's games are set to return to China this summer.

Tom’s Hardware

China aims to break chokehold of US chipmaking sanctions — Naura Technology to develop lithography tools for the first time

China-based Naura Technology begins research and development program for lithography tools. This is

iMore

iPhone sales slump in China — February shipments are down one-third from a year ago according to official state data

New official state data appears to show Apple's February iPhone shipments fell by a third in 2024 compared to last year.

Bored Panda

“We Won’t Tolerate It”: Man Who Delayed A Flight By 3 Hours Gets Slammed By Airplane Passengers

300 people suffered from a single man's exorbitant flight demands. The post “We Won’t Tolerate It”: Man Who Delayed A Flight By 3 Hours Gets Slammed By Airplane Passengers first appeared on Bored Panda.

Fortune

China’s fears over the economy and its Gen Z 'lying flat' have it worried about social media posts with a bad attitude

Its internet censorship agency issued new rules to ban content that promotes “pessimism” about the country’s economy.

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