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Saudi STC launches high-capacity cloud services in partnership with Alibaba

STC, a leading Saudi telecom services operator, has launched its high-capacity cloud services in the capital Riyadh in partnership with the Chinese technology giant,...

China urges Alibaba, Tencent to unblock each other’s platforms; Report

China's industry ministry has mandated the technology companies in the country including Alibaba Group and Tencent Holdings to stop blocking each other's website links...

Alibaba’s Apsara OS to be compatible with multiple processors

The Chinese tech giant Alibaba’s cloud computing unit revealed at a conference that its Apsara operating system will be compatible with processors based on...

Tencent joins growing list of Chinese tech giants planning steep increase...

The Chinese technology conglomerate Tencent Holdings has pledged to sharply increase investments this year, after posting a 25 percent gain in quarterly revenue, aiming...

Anti-monopoly fines: Alibaba reports 1st operating loss as a public company

Alibaba Group Holding, China's leading eCommerce platform, reported its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine...

Sparing no one: Chinese regulator fines Alibaba, Tencent-backed edtech apps

China is expanding its far-reaching tech campaign into online education, issuing the maximum penalties to two of the country’s fastest-growing tutoring apps for violating...

China discreetly threatens Alipay, WeChat Pay with digital yuan

In Shanghai, the commercial hub of China, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying...

Following record fine on Alibaba, Jack Ma’s fortunes jump

China just slapped a record antitrust fine on one of the world’s largest retailer and eCommerce companies, Alibaba Group Holding, on account of market...
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