After disposing of Sun Art and Intime, an ‘asset-light’ Alibaba is expected to be in a better position to compete against e-commerce rivals.
Fallen cryptocurrency mogul makes his first US court appearance after being extradited from Montenegro.
Baidu’s investments in AI are expected to generate returns this year, the CEO writes in a message to staff.
A promotion running from January 4 to 7 will provide Chinese consumers a US$68 discount on Apple’s top-of-the-line iPhone 16 Pro models.
Bai has over 30 years of semiconductor fabrication experience and previously held executive positions at various chipmakers, including Intel.
Alibaba agreed to divest its entire stake in Sun Art Retail Group to Chinese private-equity firm DCP Capital.
DJI is seeking to acquire a 15,658-square-metre plot inside the Shenzhen Bay Super Headquarters Base.
The number of short video app users in China reached 1.05 billion at the end of June, about 3 million fewer than in December 2023.
In a morale-boosting New Year’s Eve message, Meng praised the company’s triumphs including AI chip design and HarmonyOS.
The adjustment will position Qwen-vl-max as a direct competitor to a similar visual model ByteDance launched in the middle of December.
