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Alibaba chairman Jack Ma said that the US-China trade war will wreck the company’s pledge to help create 1 million US jobs. The comment, made in an interview with Chinese media outlet Xinhua, comes two days after Trump announced a fresh set of tariffs on $ 200 billion worth of Chinese goods. Ma also said […]
Unlike its car vending machine concept, Alibaba’s ideas for robots have been more mundane and mainly confined to warehouses (the same kind that Amazon uses). But today, the Chinese ecommerce titan introduced a package-delivering ‘bot that uses LiDAR to navigate around. The package locker it carries uses facial recognition to ensure it’s got the right […]
REUTERS/Aly Song Ever since its early days as a student event in the 1990s, November 11 was called “Singles’ Day” in some parts of China; an occasion during which individuals would try and find a partner. Now, Alibaba has dubbed it “Double 11” — a term the company has trademarked and transformed into the world’s […]
REUTERS/Stephane Mahe Alibaba’s chairman and founder, Jack Ma, thinks that new technologies could be a threat to more than just jobs. During an interview with CNBC’s David Faber on Wednesday, Ma said that new technologies like machine learning and artificial intelligence could lead to the third World War. “The first technology revolution caused World War […]
Published time: 15 May, 2017 10:31 China’s ambitious investment project, part of its ‘One Belt, One Road’ strategy, is uniquely effective and inclusive, according to a Chinese billionaire and Alibaba founder Jack Ma. “The greatest difference between the Belt and Road Initiative and general globalization lies in the inclusion of young people, women, smaller enterprises […]
pr1001 / Flickr March 14 (Reuters) – U.S. electronics payments processor Euronet Worldwide Inc offered to buy U.S. money-transfer company MoneyGram International Inc for more than $ 1 billion, trumping a bid by Ant Financial Services Group, the payment affiliate of China’s Alibaba Group Holding Ltd. Euronet, which has made more than 35 acquisitions, has […]
