China’s tech giants are allegedly experiencing increased pressure from regulators within the country who are worried about growing influence, causing Tencent to drop more than $60 billion from its market value as of Monday. The decrease in market value is largely due to concerns over greater regulator scrutiny. Chinese media
Recent reports from China seemingly indicate that the Chinese government is planning to nationalize Alibaba and the Ant Group, founded by mogul Jack Ma. The Chinese Communist Party (CCP) has forged ahead with the antitrust investigation into the e-commerce giant. The administration is investigating the company for suspected monopolistic activities,
Cisco Systems has secured an injunction that requires marketplaces like Amazon and Alibaba to stop selling certain knockoffs of key networking equipment. Cisco argues that counterfeit items could threaten US national security and health systems because the items were more prone to failure and issues. The suit, which was filed
Tencent’s stock dropped 2.3% amid the Hong Kong protests on Thursday, making it the worst performer on the Hang Seng Index (HSI), while Alibaba celebrates massive earnings from China’s “singles day.” While Alibaba and Tencent remain two of China’s most valuable tech companies, Tencent is suffering while Alibaba stock has
This guide captures key concepts and the status of major quantum computing research initiatives in a way meant to serve the needs of operational decision-makers. Our goal, inform you about the near future so you can make the right changes to your strategy today. After a review of some key quantum computing concepts we will provide an update on some of the most promising research initiatives and key use cases being explored. We then conclude with insights you can use for your strategic approach and a list of resources for further research.
How is A.I. developing differently in the U.S. and in China? One aspect is the investment landscape. In a new MIT Technology Review article, the massive concentration of Chinese A.I. development in the hands of the three largest companies is emphasized and explored. While the country boasts 190 major A.I.
Alibaba’s Jack Ma cancels promise of 1 million US jobs, says people should prepare for 20 years of China-U.S. trade war
Alibaba’s co-founder Jack Ma has cancelled his promise of establishing 1 million jobs in the US due to the ongoing trade war. This trade war, he stated, will last for decades and prevent significant partnership growth between the countries. Given the trade war, he has argued that China should instead