Alibaba Abandons Cloud Business Spin-Off Plans Due to US Chip Export Restrictions
US export restrictions on advanced chip exports forced China's Alibaba Group to cancel its cloud spinoff.
Source: techtimes.com
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Why Alibaba Stock Got Slammed Today | The Motley Fool
Shares of Alibaba fell after it reported in-line earnings results and backed away from its cloud spinoff plan.
Source: fool.com
Alibaba reverses cloud unit spinoff plan amid new U.S. chip rules
The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.
Source: biztoc.com
How Alibaba's generative AI testing seeks to empower smaller e-commerce sellers
More than 15 APIs, spanning content localization and customer service, are available for software developers in Singapore to test generative AI use cases for e-commerce platforms.
Source: zdnet.com
JD.com Stock Falls to Record Lows After Flurry of Earnings Downgrades
JD.com (NYSE: JD) stock hit its all-time lows in yesterday’s price action as analysts get jittery over the growth outlook for the company
Source: economywatch.com