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Sea Shares Hit Two-Year Peak After Shopping Arm Posts Profit

(Bloomberg) -- Sea Ltd.’s stock soared to its highest in more than two years after its e-commerce business returned to...

China’s biggest shopping event of the year exceeds low expectations

Staff sort express deliveries at China Post's Zaozhuang branch in east China's Shandong province on November 10, 2024Nurphoto | Nurphoto | Getty ImagesBEIJING —...

China’s Singles Day shopping festival is more than halfway over. Here’s how consumers are spending

Employees package and sort express parcels at an e-commerce company on Nov. 1, 2024, around the Double 11 Shopping Festival in Lianyungang, Jiangsu Province...

Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT

Chinese e-commerce company Alibaba has invested heavily in its fast-growing international business as growth slows for its China-focused Taobao and Tmall business.Nurphoto | Nurphoto...

Google files EU antitrust complaint accusing Microsoft of stifling cloud competition

Jakub Porzycki | Nurphoto | Getty ImagesGoogle filed an antitrust complaint with the European Commission Wednesday accusing Microsoft of using unfair licensing contracts to...

China’s Alibaba launches over 100 new open-source AI models, releases text-to-video generation tool

The Alibaba office building is seen in Nanjing, Jiangsu province, China, Aug 28, 2024. CFOTO | Future Publishing | Getty ImagesAlibaba on Thursday released more...

Alibaba’s Taobao shopping app launches AI-powered English version in Singapore, jumps to first place in Apple’s App Store

The logo of Alibaba's e-commerce app Taobao is displayed next to mobile phones displaying the app, in this illustration picture taken October 25, 2023.Reuters...

China wants to challenge the U.S. in AI — here’s what Chinese giants are doing with the tech

China is looking to challenge the U.S. in artificial intelligence. China's tech giants have launched their own AI models. Niphon | Istock | Getty ImagesGlobal...

Shares of Temu parent company PDD plunge almost 29%; ‘too large a correction’, says analyst

Jakub Porzycki | Nurphoto | Getty ImagesThe nearly 30% drop in shares of Chinese online retailer PDD Holdings is "too much of a correction,"...

How Google makes custom chips used to train Apple AI models and its own chatbot, Gemini

Inside a sprawling lab at Google headquarters in Mountain View, California, hundreds of server racks hum across several aisles, performing tasks far less ubiquitous...

Google’s Android apps are coming in 3D via Xreal as competition with Apple’s Vision Pro heats up

Xreal, an augmented reality glasses maker, has launched a connected Beam Pro mobile device that allows users to capture spatial video and 3D images.XrealBEIJING...

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