Posts filtered by tags: Alibaba[x]


 

A ‘stalkerware’ app leaked phone data from thousands of victims

A spyware app designed to “monitor everything” on a victim’s phone has been secretly installed on thousands of phones. The app, KidsGuard, claims it can “access all the information” on a target device, including its real-time location, text messages, browser history, access to its photos, videos and app activities, and recordings of phone calls. But a misconfigured server meant the app was also spilling out the secretly uploaded contents of victims’ devices to the internet. These consumer-grade ...
Tags: Apple, Google, Security, Social Media, Tech, Facebook Messenger, Computing, Alibaba, Signal, Operating Systems, Federal Trade Commission, Mobile App, Electronic Frontier Foundation, Deception, Quintin, App Maker


Could the 2020 Tokyo Olympics Be a Victim of COVID-19?

In a promotional video featuring Japanese tennis superstar Naomi Osaka, as well as fans of different nationalities, the organizing committee for the Tokyo 2020 Olympic and Paralympic Games revealed on Feb. 17 the event’s official motto: United by Emotion. Yet if there’s one emotion linking the world today, it might be fear. The COVID-19 outbreak shows little sign of weakening. As of Feb. 19, the disease has infected more than 75,000, killed 2,014 and prompted over 50 countries and territori...
Tags: Apple, Asia, Hong Kong, Japan, New York, News, Nbc, France, China, Uncategorized, Xi Jinping, Shinzo Abe, Alibaba, Tokyo, Uefa, Greenpeace


China Enlists Tech Titans To Help It Track Coronavirus With Color-Based QR Codes

In its latest dystopian stab at curbing the spread of COVID-19, the Chinese government has employed two of the biggest tech giants in Asia to help it roll out a nationwide color-based tracking system to keep tabs on those suffering from coronavirus symptoms, according to a new report. From a report: Companies enlisted for this real-life sci-fi movie endeavor to contain COVID-19 -- the World Health Organization's name for the deadly coronavirus behind this global health emergency -- include Aliba...
Tags: Asia, Tech, Alibaba, World Health Organization, Tencent Holdings, COVID, Alibaba Group Holdings Asia, Beijing Alipay


China’s Economy Running at Just 40-50% Capacity Amid Coronavirus Lockdown, Data Suggests

The biggest question for the global economy right now is how quickly China can get back to anything like normal operations while it’s battling the coronavirus outbreak that has killed almost 1,900 people and sickened tens of thousands. Government controls and people’s fears to go outside have decimated spending for businesses from local noodle joints and Starbucks stores to Alibaba delivery men. Meantime, many factories are still not working due to a lack of staff, with workers trapped in ...
Tags: News, China, Uncategorized, Shanghai, Alibaba, Starbucks, Overnight, Onetime, Bloomberg Economics, COVID-19, Centre for Research on Energy and Clean Air, Consumption Alibaba Group Holding Ltd, Feifei Shen Jasmine Ng Shirley Zhao Aaron Clark


China Enlists Tech Titans to Help It Track Coronavirus With Color-Based QR Codes: Report

In its latest dystopian stab at curbing the spread of COVID-19, the Chinese government has employed two of the biggest tech giants in Asia to help it roll out a nationwide color-based tracking system to keep tabs on those suffering from coronavirus symptoms, according to a new Reuters report.Read more...
Tags: Asia, Science, China, Alibaba, Tencent, World Health Organization, Reuters, Coronavirus, Covid 19, COVID


Smart speaker sales reached new record of 146.9M in 2019, up 70% from 2018

Global smart speaker sales hit a record high last year with shipments of 146.9 million units, up 70% over 2018, according to a recent report on the state of the smart speaker market from Strategy Analytics. Though Amazon still leads in the U.S. by a wide margin, its portion of the worldwide market is now declining as Chinese vendors gain traction. However, Amazon’s Echo brand continues to lead smart speaker sales worldwide with a 26.2% share in 2019. But that’s a drop from Amazon’s 33.7% share i...
Tags: Apple, Google, Amazon, Echo, Europe, Hardware, Trends, Tech, Alibaba, Xiaomi, Baidu, North America, Strategy Analytics, David Watkins, Baidu AliBaba, Smart Speaker


SoftBank's $100 billion Vision Fund had a no good, very bad year in 2019, but was still in the black overall. Here's why experts are still struggling to make sense of it.

SoftBank's Vision Fund had a terrible year last year, thanks in large part to the collapse of WeWork. To a large degree, though, its overall performance since it was established in 2017 is in the eye of the beholder. Despite last year, the fund was in the black overall at the end of last year, and its performance has improved since then. But its returns to date have been subpar for the venture industry, and the struggles of WeWork and many of its other investments are a worrying sign, venture ...
Tags: Softbank, Trends, Sprint, Alibaba, Silicon Valley, WeWork, Son, ARM, T Mobile, Foote, SIEGEL, Santa Clara University, GrubHub, Stanford Graduate School of Business, PE, Hendershott


Alibaba Cloud revenue reaches $1.5B for the quarter on 62% growth rate

Alibaba issued its latest earnings report yesterday, and as part of that the Chinese eCommerce giant reported that cloud revenue grew 62% to $1.5 billion U.S., crossing the RMB10 billion revenue threshold for the first time. Alibaba also announced that it had completed its migration to its own public cloud in the most recent quarter, a significant milestone because the company can point to its own operations as a reference to potential customers, a point that Daniel Zhang, Alibaba executive chai...
Tags: Travel, Google, Amazon, Cloud, Asia, Enterprise, Microsoft, China, Alibaba, Earnings, Reuters, Zhang, Synergy Research, Alibaba Cloud, Google Alibaba, Daniel Zhang Alibaba


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Friday. The US government has filed racketeering charges against Huawei and its CFO, accusing the Chinese telecom giant of conspiring to steal trade secrets from 6 tech companies. The latest indictment includes information alleging Huawei tried to steal trade secrets from six different US technology companies. Alibaba has pledged $140 million to fight the coronavirus outbreak with a platform to coordinate deliveries of crucial medical s...
Tags: Google, Amazon, Facebook, Supreme Court, Microsoft, China, US, Trends, Tesla, Alibaba, SEC, Warren Buffett, Jeff Bezos, Huawei, Oracle, Wuhan


Alibaba pledged $140 million to fight the coronavirus outbreak with a platform to coordinate deliveries of crucial medical supplies

Alibaba Group launched a new digital platform to help increase access to essential medical supplies like face masks and respirators in Chinese communities hardest hit by the deadly coronavirus. The Chinese e-commerce giant pledged more than $142 million to fight the coronavirus in January, and it is using the fund to cover the cost to purchase and distribute the items to high-priority regions.   "This is our pledge: No matter where your goods are, we will deliver them to frontline medical pers...
Tags: China, Trends, Alibaba, Alibaba Group, Hangzhou, Anhui, Hubei Province, Alizila, Wuhan Wenzhou, Hubei Zhejiang


Alibaba warns of drop in e-commerce revenues due to coronavirus

Alibaba Group Holding Ltd warned of a drop in revenues at its key e-commerce businesses this quarter as the coronavirus sweeping China hits supply chains and deliveries.
Tags: Money, China, businessNews, Alibaba, Alibaba Group Holding Ltd


Alibaba's earnings soar but CEO warns that coronavirus could be 'black swan'

Alibaba had a great quarter to close out 2019, with strong gains in revenue and earnings that topped analysts' forecasts.
Tags: Cnn, Alibaba


Digital Media Losses Bottom Out at China’s Alibaba

Digital media and entertainment continues to be the biggest lossmaker within Chinese tech giant Alibaba. But the group was able to unveil third quarter revenues up by a third and net income up by more than half. For the three months between October and December, Alibaba saw revenue increase by 38% to $23.2 billion, and […]
Tags: Asia, News, Finance, China, Global, Alibaba, Youku, Coronavirus


Alibaba beats estimates on record Singles' Day sales

China's Alibaba Group Holding Ltd beat analysts' estimates for quarterly results on Thursday, driven by record sales during its annual Singles' Day shopping blitz and demand for its cloud computing business.
Tags: Money, China, businessNews, Alibaba, Alibaba Group Holding Ltd


Alibaba's earnings soar and it vows to help Chinese consumers cope with the coronavirus

Alibaba had a great quarter to close out 2019, with strong gains in revenue and earnings that topped analysts' forecasts.
Tags: Cnn, Alibaba


Warren Buffett, Bill Gates, and the rabbit-duck illusion: SoftBank's CEO used the famous image to rebrand as an investor

SoftBank CEO Masayoshi Son wants the Japanese conglomerate to be seen as an investment company, not an operating one. Son used the rabbit-duck illusion to make his case during SoftBank's earnings presentation on Wednesday. He urged investors to look at SoftBank's "shareholder value," not its revenues and profits. Asked if he had turned from Bill Gates into Warren Buffett, Son replied that he was more adventurous than Buffett and "still making some craziness." Visit Business Insider's homepage ...
Tags: Facebook, Softbank, Trends, Netflix, Sprint, Bill Gates, Alibaba, Berkshire Hathaway, Warren Buffett, Son, Jack Ma, Buffett, EBIT, Masayoshi Son, Warren Buffett Bill Gates, Warren Buffett Son


1 in 10 card transactions could be done with Apple Pay by 2025, providing Apple a revenue boost amid iPhone sales slump (AAPL)

Apple Pay currently makes up 5% of global card transactions, and could account for 10% by 2025, according to data by researchers at Bernstein cited in a report by Quartz.  The revenue from Apple Pay could help the company offset slowing sales of physical devices like the iPhone. Apple launched the mobile payment feature in October 2014. In 2019, Apple and Goldman Sachs launched the Apple Card, which incentivizes cardholders to use Apple Pay to earn cash back. Apple is looking to grow its Servi...
Tags: Apple, Elon Musk, New York, Australia, China, India, US, Los Angeles, Trends, Alibaba, Portland, Goldman Sachs, Nfc, Huawei, Bain, Business Insider


Warren Buffett, Bill Gates, and the rabbit-duck illusion: SoftBank's CEO used the famous image to rebrand as an investor

SoftBank CEO Masayoshi Son wants the Japanese conglomerate to be seen as an investment company, not an operating one. Son used the rabbit-duck illusion to make his case during SoftBank's earnings presentation on Wednesday. He urged investors to look at SoftBank's "shareholder value," not its revenues and profits. Asked if he had turned from Bill Gates into Warren Buffett, Son replied that he was more adventurous than Buffett and "still making some craziness." Visit Business Insider's homepage ...
Tags: Facebook, Softbank, Trends, Netflix, Sprint, Bill Gates, Alibaba, Berkshire Hathaway, Warren Buffett, Son, Jack Ma, Buffett, EBIT, Masayoshi Son, Warren Buffett Bill Gates, Warren Buffett Son


A bet Apple made in 2014 appears to be paying off as the iPhone company looks to define its next decade (AAPL)

Apple Pay currently makes up 5% of global card transactions, and could account for 10% by 2025, according to data by researchers at Bernstein cited in a report by Quartz.  The revenue from Apple Pay could help the company offset slowing sales of physical devices like the iPhone. Apple launched the mobile payment feature in October 2014. In 2019, Apple and Goldman Sachs launched the Apple Card, which incentivizes cardholders to use Apple Pay to earn cash back. Apple is looking to grow its Servi...
Tags: Apple, New York, Australia, China, India, US, Los Angeles, Trends, Alibaba, Portland, Goldman Sachs, Nfc, Huawei, Bain, Business Insider, Aapl


A stock and a hard place: SoftBank's $150 billion Alibaba warchest in spotlight

SoftBank CEO Masayoshi Son threw cold water on Wednesday on the idea of cutting his firm's $150 billion stake in e-commerce giant Alibaba, after prominent activist investor Elliott Management called for big buybacks.
Tags: Money, Softbank, businessNews, Alibaba, Elliott Management, Masayoshi Son


The First Signs Are Emerging That China’s Coronavirus Containment Could Be Working

The number of new coronavirus infections is continuing to increase daily, but in Hubei province, where the first cases of the virus appeared in the central Chinese city of Wuhan, there are emerging signs that strict control measures implemented by officials could be working. Publicly reported infections in the province have slowed to about 2,000 per day—after jumps as large as 5,000 new cases on some days last week, according to data from Chinese authorities and Johns Hopkins University’s o...
Tags: Hong Kong, News, China, Uncategorized, General Motors, New York Times, Alibaba, Tencent, Ikea, Pizza Hut, Starbucks, Honda, Wuhan, Financial Times, Kfc, Shenzhen


China’s Youku Inks Deal With BBC Studios for Scripted Series

Chinese streaming platform, and Alibaba subsidiary, Youku will exponentially increase its catalog of British scripted series thanks to a new licensing deal it has signed with BBC Studios. Building on the two companies’ existing licensing partnership, this newly announced content deal offers the Middle Kingdom platform an additional 80 hours of BBC Studios dramas. Partners […]
Tags: Asia, News, China, Global, Alibaba, Youku, Bbc Studios, Middle Kingdom, BBC Studios Building


Coronavirus Casualties Hit Grim Milestone Even as China Fudges Numbers

HONG KONG—As of noon on Tuesday, the official coronavirus death toll passed a milestone, topping 1,000 after 97 people died on Sunday and 108 on Monday—the highest daily counts so far. Globally, more than 42,700 have been infected, though virologists around the world and doctors in Wuhan, where the outbreak originated, believe those numbers are in fact much higher. And now, the government has quietly adjusted definitions to reduce the recorded casualties.Information about the virus’ spread now i...
Tags: Hong Kong, Japan, News, France, China, Singapore, United States, Xi Jinping, United Kingdom, Shanghai, Alibaba, Who, World Health Organization, Tokyo, Chinese communist party, Mallorca


The rise and fall of Elizabeth Holmes, who started Theranos when she was 19 and will now stand trial over 'massive fraud' in July 2020

Elizabeth Holmes dropped out of Stanford University at 19 to start blood-testing startup Theranos, and grew the company to a valuation of $9 billion. But it all came crashing down when the shortcomings and inaccuracies of the company's technology were exposed, and Theranos and Holmes were charged with "massive fraud." A California judge has set a August 2020 start date for the federal fraud trial for which, if convicted, Holmes could face up to 20 years in prison. Visit Business Insider's ho...
Tags: Apple, Hbo, Instagram, Abc, California, Washington, Cbs News, Stanford, Singapore, US, San Francisco, Trends, Walgreens, Beijing, Larry Ellison, Bill Clinton


Equity Monday: Cherre raises $16M, Lyft’s critical earnings, and WeWork’s profit hopes

Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re not changing it in the slightest. (Here’s last week’s episode, which included our first guest in a bit, NEA’s Rick Yang.) We kicked off this morning with the latest economic news relating to the coronavirus outbreak in China, namely that a host of Chinese fir...
Tags: Apple, TC, Lyft, China, Tech, Alibaba, Cnbc, Doordash, Reuters, Didi, Rick Yang, Cherre, Lyft Alibaba, China Shopify, capital world Equity


Alibaba offers $2.86 billion in loans to firms hit by coronavirus outbreak

Alibaba Group Holdings said on Monday its affiliate Ant Financial's MYBank unit would offer 20 billion yuan ($2.86 billion) in loans to companies in China in light of the coronavirus outbreak, with preferential terms for Hubei firms.
Tags: Money, China, businessNews, Alibaba, Hubei, Alibaba Group Holdings, Ant Financial s MYBank


Hey Loretta, Remind Me That Google’s Got Troubles (Thinks Out Loud Episode 273)

Looking to drive results for your business? Click here to learn more. Hey Loretta, Remind Me That Google's Got Troubles (Thinks Out Loud Episode 273) – Headlines and Show Notes Google brought down the house with it's "Loretta" ad at the big game this weekend. But that ad showed the benefits and downsides of the tech giant's power — and why Google’s got troubles ahead of it. This week's Thinks Out Loud takes a look at why Google's strength may be more brittle than you think...
Tags: Apple, Google, Amazon, Facebook, Twitter, California, Samsung, Seo, Eu, Netflix, United States, Alibaba, Tencent, Expedia, Joel, Joel Feder


As a top manager leaves amid fundraising woes, SoftBank’s vision looks dimmer — and schadenfreude abounds

Every once in a while, an organization implodes so fantastically that it’s hard in retrospect to understand why another outcome once seemed possible. With every passing day, SoftBank — which shook up the investing world with the largest investment fund ever pooled, and then seemed to use its capital as a weapon — looks to become one such spectacular failure. The very newest development centers on the departure of Michael Ronen, a former Goldman Sachs banker who joined SoftBank in 2017 and ...
Tags: TC, Saudi Arabia, Ipo, India, Softbank, Tech, Alibaba, Goldman Sachs, WeWork, Son, Getaround, Abu Dhabi, WAG, District Of Columbia, Financial Times, WSJ


Alibaba-backed fund to build HQ in Saudi 'media city'

Saudi Arabia has signed an agreement with a fund linked to China's Alibaba to build a new headquarters in a "media city" in the kingdom's capital, the Saudi minister of culture said on Tuesday.
Tags: Money, Saudi Arabia, China, businessNews, Alibaba


The winners and losers of infrastructure clouds revealed: AWS, Microsoft, Google and Alibaba get fatter

Can you smell the democratisation of IT? Neither can the shrinking 'others' section AWS remains the biggest provider of infrastructure clouds with a revenue haul of $34.6bn in 2019 but for the first time it has pulled in less than double that of nearest rival Microsoft, which inhaled $18.1bn.…
Tags: Microsoft, Software, Alibaba, Microsoft Google