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Alibaba Releases Open-Source Wan 2.1 Suite of AI Video Generation Models, Claimed to Outperform OpenAI’s Sora
Alibaba released a suite of artificial intelligence (AI) video generation models on Wednesday. Dubbed Wan 2.1, these are open-source models that can be used for both academic and commercial purposes. The Chinese e-commerce giant released the models in several parameter-based variants. Developed by the company’s Wan team, these models were first i...
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Apple Confirmed to Partner With Alibaba in China for AI-Powered Apple Intelligence Features: Report
Apple’s partnership with Alibaba was reportedly confirmed on Thursday. As per the report, Alibaba chairperson Joseph Chung-Hsin Tsai confirmed the news at the recently concluded World Governments Summit 2025 held in Dubai. The Chinese e-commerce giant will reportedly offer its artificial intelligence (AI) models and infrastructure to power Apple ...
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Chinese Billionaire Gifts Cash To Hometown Villagers As Thank You For Funding His Education Years Ago
In a heartwarming gesture, Richard Liu Qiangdong, the billionaire founder and former CEO of Chinese e-commerce giant JD.com, has moved the residents of his hometown by announcing that he would distribute gifts to them, ahead of the Chinese New Year.
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China Firm Launches AI "Life Assistant" That Can Order Food, Hail Taxis
The fintech firm backed by Chinese e-commerce giant Alibaba has made a foray into products powered by artificial intelligence after announcing a "life assistant" mobile app.
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Alibaba Boosts Share Buyback By $25 Billion After Dip In Estimated Revenue
Chinese e-commerce giant Alibaba Group will increase its share buyback programme by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.
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China's Alibaba Scraps Cloud Unit Spin-Off Citing US Chip Curbs
Chinese e-commerce giant Alibaba said on Thursday it would cancel the spinoff of its Cloud Intelligence arm in light of "the recent expansion of US restrictions on export of advanced computing chips".
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EU To Probe Chinese E-Commerce Giant To Examine Curbs On Illegal Products
The EU on Monday announced an investigation into Chinese e-commerce giant AliExpress, seeking more details on what measures it is taking to protect consumers online from illegal products, including fake medicines.
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Where is Jack Ma? He has Been Living In This Country For Months
Chinese billionaire and e-commerce giant Alibaba founder Jack Ma who ran into trouble with the Chinese government over violating anti-monopoly regulations is now living in Tokyo, a report said.
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Alibaba Reportedly Lays Off Around 10,000 Employees in Three Months
Alibaba, the Chinese e-commerce giant, has fired around 10,000 employees in three months, as per various reports. The company laid off 9,241 employees during the June quarter. Earlier in July, Alibaba announced plans to apply for a primary listing in Hong Kong opening up the firm to a vast pool of mainland China investors for the first time, report...
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Alibaba Lays Off Nearly 10,000 Employees In 3 Months: Report
Chinese e-commerce giant Alibaba Group Holding Ltd. has fired around 10,000 employees, in three months, various media reported.
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Chinese Retail Giant JD Drops First NFT Series on Its Own Blockchain
Chinese e-commerce giant JD is giving away free NFTs. The seven NFTs will feature JD’s mascot, with each representing one of the company's key sectors, including retail, tech, logistics, health, finance, and smart cities.
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Alibaba Fires Manager Who Allegedly Sexually Assaulted Staffer
Chinese e-commerce giant Alibaba Group Holding Ltd has fired a manager who allegedly sexually assaulted a female employee and will establish policies to prevent sexual harassment, Chief Executive Daniel Zhang said on Monday.
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"Fired, Will Never Be Rehired": Alibaba On Manager Accused Of Sex Assault
Chinese e-commerce giant Alibaba Group Holding Ltd has fired a manager who allegedly sexually assaulted a female employee and will establish policies to prevent sexual harassment, Chief Executive Daniel Zhang said on Monday.
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Rocked By Sexual Assault Allegations, Alibaba Says Working With China Police
Chinese e-commerce giant Alibaba said on Sunday that it was cooperating with a police investigation into sexual assault allegations aired by a company employee.
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Amazon Bans 3 More Chinese Brands Amid Fake Reviews Crackdown
Amid e-commerce giant Amazon's ongoing crackdown on attempts by sellers to solicit positive consumer reviews, three more Chinese consumer brands have been banned from selling on the platform.
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Alibaba Releases Open-Source Wan 2.1 Suite of AI Video Generation Models, Claimed to Outperform OpenAI’s Sora
Alibaba released a suite of artificial intelligence (AI) video generation models on Wednesday. Dubbed Wan 2.1, these are open-source models that can be used for both academic and commercial purposes. The Chinese e-commerce giant released the models in several parameter-based variants. Developed by the company’s Wan team, these models were first i...
-
Apple Confirmed to Partner With Alibaba in China for AI-Powered Apple Intelligence Features: Report
Apple’s partnership with Alibaba was reportedly confirmed on Thursday. As per the report, Alibaba chairperson Joseph Chung-Hsin Tsai confirmed the news at the recently concluded World Governments Summit 2025 held in Dubai. The Chinese e-commerce giant will reportedly offer its artificial intelligence (AI) models and infrastructure to power Apple ...
-
Chinese Billionaire Gifts Cash To Hometown Villagers As Thank You For Funding His Education Years Ago
In a heartwarming gesture, Richard Liu Qiangdong, the billionaire founder and former CEO of Chinese e-commerce giant JD.com, has moved the residents of his hometown by announcing that he would distribute gifts to them, ahead of the Chinese New Year.
-
China Firm Launches AI "Life Assistant" That Can Order Food, Hail Taxis
The fintech firm backed by Chinese e-commerce giant Alibaba has made a foray into products powered by artificial intelligence after announcing a "life assistant" mobile app.
-
Alibaba Boosts Share Buyback By $25 Billion After Dip In Estimated Revenue
Chinese e-commerce giant Alibaba Group will increase its share buyback programme by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.
-
China's Alibaba Scraps Cloud Unit Spin-Off Citing US Chip Curbs
Chinese e-commerce giant Alibaba said on Thursday it would cancel the spinoff of its Cloud Intelligence arm in light of "the recent expansion of US restrictions on export of advanced computing chips".
-
EU To Probe Chinese E-Commerce Giant To Examine Curbs On Illegal Products
The EU on Monday announced an investigation into Chinese e-commerce giant AliExpress, seeking more details on what measures it is taking to protect consumers online from illegal products, including fake medicines.
-
Where is Jack Ma? He has Been Living In This Country For Months
Chinese billionaire and e-commerce giant Alibaba founder Jack Ma who ran into trouble with the Chinese government over violating anti-monopoly regulations is now living in Tokyo, a report said.
-
Alibaba Reportedly Lays Off Around 10,000 Employees in Three Months
Alibaba, the Chinese e-commerce giant, has fired around 10,000 employees in three months, as per various reports. The company laid off 9,241 employees during the June quarter. Earlier in July, Alibaba announced plans to apply for a primary listing in Hong Kong opening up the firm to a vast pool of mainland China investors for the first time, report...
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Alibaba Lays Off Nearly 10,000 Employees In 3 Months: Report
Chinese e-commerce giant Alibaba Group Holding Ltd. has fired around 10,000 employees, in three months, various media reported.
-
Chinese Retail Giant JD Drops First NFT Series on Its Own Blockchain
Chinese e-commerce giant JD is giving away free NFTs. The seven NFTs will feature JD’s mascot, with each representing one of the company's key sectors, including retail, tech, logistics, health, finance, and smart cities.
-
Alibaba Fires Manager Who Allegedly Sexually Assaulted Staffer
Chinese e-commerce giant Alibaba Group Holding Ltd has fired a manager who allegedly sexually assaulted a female employee and will establish policies to prevent sexual harassment, Chief Executive Daniel Zhang said on Monday.
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"Fired, Will Never Be Rehired": Alibaba On Manager Accused Of Sex Assault
Chinese e-commerce giant Alibaba Group Holding Ltd has fired a manager who allegedly sexually assaulted a female employee and will establish policies to prevent sexual harassment, Chief Executive Daniel Zhang said on Monday.
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Rocked By Sexual Assault Allegations, Alibaba Says Working With China Police
Chinese e-commerce giant Alibaba said on Sunday that it was cooperating with a police investigation into sexual assault allegations aired by a company employee.
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Amazon Bans 3 More Chinese Brands Amid Fake Reviews Crackdown
Amid e-commerce giant Amazon's ongoing crackdown on attempts by sellers to solicit positive consumer reviews, three more Chinese consumer brands have been banned from selling on the platform.
