At the World Artificial Intelligence Conference (WAIC) in Shanghai, China on July 6, 2023, the prominent Alibaba Group sign caught everyone’s attention. This demonstrates their commitment to advancements in technology and artificial intelligence. Alibaba, a leading Chinese e-commerce giant, has announced a major move in the AI industry. They are opening up their own artificial …
A Solarpro employee installs a SolarEdge Technologies Inc. inverter at a residential property in Sydney, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images Discover the companies making significant midday moves: SolarEdge Technologies — The solar stock experienced a 19% decline as the company’s reported revenue of $991 million fell short of analysts’ estimates …
In this photo illustration, Elon Musk’s photo is displayed on a phone screen in front of a computer screen displaying the new logo of ‘Twitter’. Harun Ozalp | Anadolu Agency | Getty Images Elon Musk’s plans for Twitter, particularly the idea of transforming it into an “everything app,” have generated much discussion. Last October, Musk …
TikTok, with its billion users, has quickly become a major player in the music industry and is now aiming to revolutionize the way artists are discovered and compensated. The popular short video app recently launched a new service, TikTok Music, which is poised to compete with music-streaming giants Spotify and Apple Music. The company plans …
A Nanjing Road pedestrian street on October 1, 2022 in Shanghai, China. Yan Daming | Visual China Group | Getty Images Chinese stocks experienced a significant surge on Tuesday following Beijing’s commitment to implementing measures to strengthen the country’s struggling economy. The Hang Seng Index in Hong Kong rose by more than 3%, while China’s …
China has recently unveiled a series of initiatives aimed at bolstering its economy, leading up to a crucial Politburo meeting that will assess the country’s economic performance in the first half of the year. To address concerns and attract private and foreign investors, Chinese authorities have made several announcements, although some lack specific details. The …
Two sellers offering merchandise for sale through a TikTok livestream. Bay Ismoyo | Afp | Getty Images TikTok has partnered with Atome, a “buy now, pay later” service, to introduce installment payments on its e-commerce marketplace in Malaysia. This move is part of TikTok’s broader strategy to expand its e-commerce presence in Southeast Asia. Under …
Apple has officially launched a WeChat Mini Program in China to sell its products, an ingenious move considering the popularity of WeChat as China’s largest messaging app operated by Tencent. This strategic expansion of retail channels demonstrates Apple’s commitment to one of its most crucial markets. With over 1.2 billion users, WeChat is not just …
Alibaba’s shares listed on the Hong Kong stock exchange experienced a significant 4% increase on Monday morning. This positive movement suggests a positive outlook for the company. The surge in share value comes after Alibaba announced a major restructuring of its businesses in March. Some analysts speculate that this restructuring could indicate a potential loosening …
The Levi Strauss & Co. brand is prominently displayed on jeans at a store located in the Woodbury Common Premium Outlets in Central Valley, New York, USA, on February 15, 2022. Andrew Kelly | Reuters Here are the movers and shakers in the pre-market: Levi Strauss — The apparel retailer experienced a 7.7% decline after …