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Keyword: alibaba

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  • Apple teams up with Alibaba to bring AI features for iPhones in China, The Information reports

    02/12/2025 8:13:00 AM PST · by SunkenCiv · 9 replies
    Reuters ^ | February 11, 2025 | Rishi Kant in Bengaluru; edited by Leroy Leo
    Apple is partnering with Alibaba to roll out artificial intelligence features for iPhone users in China, the Information reported on Tuesday, citing one person with direct knowledge of the decision.The development could clear months of uncertainty over Apple's AI strategy for China, where it has been losing market share to domestic rivals, including a resurgent Huawei whose smartphones have included AI tools since last year...Apple had selected Baidu as its main partner last year, but the Chinese company's progress in developing models for Apple Intelligence fell short of its standards, the report said.After that, Apple considered models developed by Tencent,...
  • Alibaba releases AI model it says surpasses DeepSeek

    02/02/2025 9:03:10 PM PST · by SeekAndFind · 8 replies
    Reuters ^ | 02/02/2025 | Eduardo Baptista
    BEIJING, Jan 29 (Reuters) - Chinese tech company Alibaba (9988.HK), opens new tab on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3. The unusual timing of the Qwen 2.5-Max's release, on the first day of the Lunar New Year when most Chinese people are off work and with their families, points to the pressure Chinese AI startup DeepSeek's meteoric rise in the past three weeks has placed on not just overseas rivals, but also its domestic competition. "Qwen 2.5-Max outperforms ... almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B,"...
  • Alibaba claims its AI model trounces DeepSeek and OpenAI competitors

    01/31/2025 8:44:53 PM PST · by SunkenCiv · 20 replies
    Live Science ^ | January 29, 2025 | Ben Turner
    Chinese tech company Alibaba has unveiled a new artificial intelligence (AI) model that it claims outperforms its rivals at OpenAI, Meta and DeepSeek. The announcement of the Qwen2.5-Max model yesterday (Jan. 29) is the second major AI announcement from China this week, after DeepSeek's R1 open-weight model took the world by storm following claims that it performs better and is more cost-effective than its American competitors. Now, Alibaba claims that Qwen 2.5-Max, which is also partly open-source, is even more impressive — surpassing a number of rival models in various tests run by the company. "In benchmark tests such as...
  • Iran FM meets with Russian, Islamic foreign ministers about Israel

    08/01/2024 3:15:41 PM PDT · by marcusmaximus · 17 replies
    Jerusalem Post ^ | 8/1/2024 | Staff
    Acting Iranian foreign minister Ali Bagheri held conversations about the assassination of Ismail Haniyeh with his counterpart in Russia, as well as in Arab countries on Thursday, the ministry announced on X. According to the ministry's twitter, Bagheri emphasized "that the Zionist regime has crossed the red line" and said that the "Islamic Republic of Iran has a legitimate right to defend itself" in a phone call with Russian foreign minister Sergey Lavrov. Bagheri also thanked Russia for its support, and asked for continued cooperation between the two in stopping "the aggressive actions of the Zionist regime."
  • Elon Musk tears up the decoupling script in China

    06/02/2023 3:22:52 AM PDT · by FarCenter · 13 replies
    As the global economic intelligentsia debates how to “decouple” or “de-risk” from China, Elon Musk clearly didn’t get the memo. The Tesla founder was feted like a returning king in Beijing this week. From the moment his private jet arrived on Tuesday, Musk is reportedly being called “Brother Ma,” putting him in rarified league with Alibaba billionaire Jack Ma. There are many takeaways from Musk’s first China visit in three years. One is that not everyone is decoupling from China, least of all the globe’s most influential electric-vehicle (EV) evangelist and owner of Twitter. Another: the future of EV production...
  • Alibaba founder Jack Ma returns to China, ending year-long sojourn abroad: SCMP

    03/27/2023 1:01:46 PM PDT · by nickcarraway · 11 replies
    AsiaOne ^ | Alibaba founder Jack Ma returns to China, ending year-long sojourn abroad: SCMP
    Alibaba founder Jack Ma has returned to China, the South China Morning Post (SCMP) reported on Monday (March 27), ending a more than year-long sojourn overseas that was viewed by industry as reflecting the sober mood of China's private businesses. Ma, one of China's best known entrepreneurs, left mainland China in late 2021 and has been seen in photographs in Japan, Australia and Thailand in the months since. Once one of the country's most outspoken businessmen, he retreated from the public limelight in late 2020 after criticising China's regulatory system that was later blamed for triggering a wide-ranging regulatory crackdown...
  • Chinese e-commerce giant Alibaba lavishing money on US lobbying, Democrat campaigns

    02/20/2023 7:13:53 AM PST · by Twotone · 2 replies
    Just The News ^ | February 19, 2023 | John Mac Ghlionn
    In 2020, Foreign Policy published a report describing the many ways in which Chinese tech companies were helping China's Ministry of State Security (MSS) to process stolen data — much of it stolen from U.S. citizens: China has, to date, stolen the data of 80% of Americans. One of the companies mentioned in the extensive report was Alibaba, the e-commerce giant headquartered in the ancient Chinese city of Hangzhou. Answerable ultimately to the Chinese Communist Party, the multinational retail and tech colossus was recently accused of conducting espionage for the CCP by a Belgian minister. Alibaba isn't just processing stolen...
  • China's government is buying Alibaba and Tencent shares that give the Communist Party special rights over certain business decisions, report says

    01/13/2023 11:49:56 PM PST · by blueplum · 3 replies
    Business Insider ^ | 13 Jan 2023 | Brian Evans
    The Chinese government is buying shares in Alibaba, Tencent and other tech companies to be more deeply involved in their businesses, sources told the Financial Times. The stakes usually involve a 1% holding in a key segment and are known as "special management shares," which give Beijing rights over certain decisions at the companies. That allows the Communist Party to gain greater influence...
  • Alibaba Founder Jack Ma Living in Tokyo Since China’s Tech Crackdown

    11/30/2022 1:13:12 AM PST · by nickcarraway · 21 replies
    Financial Times ^ | 11/29 | Kana Inagaki, Leo Lewis, Ryan McMorrow, and Tom Mitchell
    Billionaire has spent almost six months in Japan after largely disappearing from public viewJack Ma, the Alibaba founder and once the richest business leader in China, has been living in central Tokyo for almost six months, amid Beijing’s continuing crackdown on the country’s technology sector and its most powerful businessmen. Ma’s months-long stay in Japan with his family has included stints in hot spring and ski resorts in the countryside outside Tokyo and regular trips to the US and Israel, according to people with direct knowledge of his whereabouts. Ma has largely disappeared from public view since he criticised Chinese...
  • Kamikaze’ Drones Strike Russian Oil Refinery, Looks Like Model Sold On Alibaba

    06/22/2022 2:01:42 PM PDT · by dennisw · 27 replies
    MSN ^ | June 22, 2022 | Thomas Newdick
    Video has emerged showing a twin-boom tail configured drone crashing into a Russian oil refinery in Novoshakhtinsk, in the Rostov region, on the border with Ukraine, this morning. There is already much speculation that the incident was some kind of ‘kamikaze’ drone strike conducted by the Ukrainian Armed Forces. While the identity of the mysterious drone is yet to be established, initial analysis suggests it may have been an adapted, commercially available product that is available on the Chinese marketplace website Alibaba. Footage of the incident apparently first appeared on the Telegram messaging service this morning before being distributed more...
  • Jack Ma’s Ant Group Implicated In Major Corruption Scandal Involving Ex-CCP Official

    01/21/2022 12:17:47 PM PST · by SeekAndFind · 5 replies
    Nation and State ^ | 01/21/2022 | Tyler Durden
    Way back in 2019, long before Alibaba founder Jack Ma's falling out with the CCP (or, we should say, when the strains in their relationship were far less visible in the business press), we reported the following prediction from Hayman Capital's Kyle Bass: That Jack Ma would be "jailed, or disappeared" shortly after stepping down as Alibaba's chairman.When Ma abruptly disappeared after the CCP sabotaged the (Ma-led) IPO for Ant Group, Alibaba's financial arm that had become widely used within the Chinese market, we feared the worst.And even though Ma eventually resurfaced, things have never been the same for a...
  • EXC: Jan 6 Commission Member Rep. Elaine Luria Has Six Figure Investments In Chinese Communist Party ‘Tool.’ Another January 6th Commission member is compromised by the CCP.

    11/16/2021 9:41:58 AM PST · by Red Badger · 19 replies
    https://thenationalpulse.com ^ | November 16, 2021 | by Natalie Winters
    Rep. Elaine Luria – a member of the Congressional January 6th Commission – has six-figure investments in a Chinese Communist Party-linked tech firm flagged by the U.S. State Department for aiding the regime’s military and espionage capabilities, The National Pulse can reveal. The Virginia Congresswoman‘s most recent financial disclosure reveals an investment worth $250,000 to $500,000 in Alibaba, a Chinese e-commerce giant whose executives include powerful members of the Chinese Communist Party. Alibaba has also been involved in the “research, production, and repair of weapons and equipment for the People’s Liberation Army (PLA)” and has a “deep record of cooperation...
  • Yahoo Pulls Out of China Over ‘Increasingly Challenging’ Environment: The Second Western Tech Giant after Linkedin to Exit China

    11/02/2021 8:12:42 PM PDT · by SeekAndFind · 6 replies
    Epoch Times ^ | 11/02/2021 | Eva Fu
    Yahoo has shut down its services in mainland China, becoming the second Western tech giant to pull the plug on China over the past month.The company stopped providing content for mainland Chinese users as of Nov. 1, according to a statement from its official website. “Products and services remain unaffected in all other global locations,” it said.Yahoo made the decision “[i]n recognition of the increasingly challenging business and legal environment in China,” a company spokesperson told The Epoch Times in an email on Tuesday, adding that “Yahoo remains committed to the rights of our users and a free and open...
  • Jack Ma disappearance prompts $497b loss for Alibaba in just one year: A year since he made a comment that angered the Chinese government, Jack Ma has barely been seen and his vast fortune is bleeding to nothing.

    10/27/2021 8:31:38 PM PDT · by SeekAndFind · 20 replies
    News.com.au ^ | 10/27/2021 | Alex Turner-Cohen
    It has been exactly a year since Chinese businessman Jack Ma publicly criticised his communist government and since then he’s lost hundreds of billions of dollars of his vast fortune. Over the last 12 months, his business, Alibaba — pegged as China’s version of eBay, Amazon and PayPal all rolled into one — has lost around US$373 billion (A$497 billion). According to Bloomberg, Alibaba’s fall from grace is the single biggest financial loss a business has ever endured. On October 24 last year, Mr Ma made a now-infamous speech at a business summit where he went viral for condemning the...
  • Alibaba shares soar after founder Jack Ma is reported to be seen on Europe trip

    10/20/2021 7:30:26 AM PDT · by SeekAndFind · 7 replies
    Alibaba shares surged more than six percent on Wednesday after billionaire founder Jack Ma was reported to be in Europe, fuelling investor hopes that the worst of China's regulatory crackdown for the internet giant might be over. Ma has kept a low profile ever since mainland officials spiked what would have been a world record $37 billion initial public offering for Alibaba's financial group Ant last November. That shock decision kicked off what became a cascading series of crackdowns by Chinese authorities on a host of tech and other industries deemed to have become too powerful, unregulated or monopolistic. Ma's...
  • Alibaba founder Jack Ma Reappears - sources: Recently spotted meeting with business associates in Hong Kong

    10/12/2021 9:36:22 PM PDT · by SeekAndFind · 11 replies
    Largely out of public view since a regulatory clampdown on his empire late last year - Chinese billionaire and Alibaba co-founder Jack Ma has recently been spotted meeting with business associates in Hong Kong, two sources tell Reuters. Ma's recent visit to the Asian financial hub was his first in a year, a source revealed. Ma has been keeping a low profile ever since Chinese regulators pulled the plug on what was to be the record setting $37 billion IPO for his Ant Financial group, seen by many as retaliation for a speech he gave last October, in which he...
  • Alibaba Fires 10 for Leaking Sexual Assault Accusations: Bloomberg

    08/30/2021 11:02:00 AM PDT · by nickcarraway · 3 replies
    AsiaOne ^ | AUGUST 30, 2021
    Alibaba Group Holding Ltd dismissed 10 employees for publicising a female colleague's account of sexual assault allegations against a former manager, Bloomberg News reported on Monday (Aug 30), citing people familiar with the matter. The company fired the 10 employees for sharing screenshots of the woman's post in the public domain after removing watermarks that bore their IDs, the Bloomberg report said, citing an internal announcement from last week. The employees were fired for violating policies against exposing content on employee forums, Bloomberg reported, citing the people familiar. Three other employees have also been reprimanded for making inappropriate comments in...
  • Alibaba Founder Jack Ma “Behaved Too Much Like An American Entrepreneur” For The Chinese Communist Party’s Liking

    08/23/2021 8:00:03 PM PDT · by SeekAndFind · 11 replies
    Latest Today News ^ | 08/23/2021 | Tyler Durden
    Given the recent decimation in U.S. listed China based stocks, it is becoming abundantly clear who is running the show in China.And no one person is coming to that realization quicker than Jack Ma. Once revered as a beacon of success and entrepreneurship out of China, Ma's outspoken nature and boisterous antics saw him fall out of favor with the Chinese Communist Party - quickly.Such was the topic of a new, comprehensive Wall Street Journal report, which detailed the lesson Ma is now learning first hand: there is only one most powerful man in China. How did Ma - who...
  • Founder Jack Ma No Longer A Shareholder of Alibaba, Company’s Fiscal Report Shows

    07/31/2021 8:32:24 PM PDT · by SeekAndFind · 17 replies
    Epoch Times ^ | 07/31/2021 | Shawn Lin
    According to Alibaba Group’s 2021 annual report, Jack Ma, founder of the Chinese e-commerce giant, appears to no longer be a shareholder. Ma held more than 1 billion Alibaba shares in 2020.On July 27, the company announced it filed its annual report, on Form 20-F, for the fiscal year ending March 31, 2021, to the United States Securities and Exchange Commission.The 2021 annual report shows that the company’s founder, Jack Ma, is no longer listed as a shareholder. While Joseph Tsai, the executive vice-chairman, currently holds 306,883,064 common shares, accounting for 1.4 percent of shares, all directors and executives as...
  • What Really Happened To Alibaba's Founder, Jack Ma?

    07/09/2021 8:55:52 PM PDT · by SeekAndFind · 32 replies
    Forbes ^ | 06/24/2021 | George Calhoun
    “To get rich is glorious.” - Deng Xiaoping “Among the richest men in China, few have good endings.” - Jack Ma No good endings? Indeed. Start with this: We know more about the whereabouts and the condition of Alexei Navalny, Vladimir Putin’s prize prisoner, than we do about Jack Ma. Last Fall Jack Ma was rich, and famous, and we knew all about him, followed his every move. He was in fact the richest man in China, and the most famous living Chinese person (according to polls). He was poised to crown his career with a triumphant public offering for...