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  • [New] Through Phala's platform, gaming projects will have the ability to employ cloud resources with computing speeds comparable to large centralized cloud services providers like AWS and Alibaba Cloud without compromising the privacy and security of their community's private data. Phala Network
  • [New] China Arm Twisting - China's Alibaba Group, will invest 100 billion yuan ($15.5 billion) by 2025 in support of common prosperity. DH Unplugged
  • Alibaba pledged on Thursday to invest RMB 100 billion ($15.5 billion) by 2025 to support common prosperity, joining a list of Chinese tech giants to help the government fight inequality. TechNode
  • China's e-commerce market and Alibaba In 2019, the gross merchandise volume of China's e-commerce market amounted to around 9.9 trillion yuan and was forecasted to reach nearly 14 trillion yuan by 2022. Statista
  • The Tianjin government has asked municipally controlled companies to migrate their data from private sector operators like Alibaba and Tencent to a state-backed cloud system by 2022. PingWest
  • The Chinese city of Tianjin has asked municipally controlled companies to migrate their data from private sector operators like Alibaba Group and Tencent Holdings to a state-backed cloud system by 2022. Yahoo Finance
  • Alibaba retail ecommerce sales will grow 16.0% to $1.209 trillion in 2021 (January to December) and account for 47.1% of total retail ecommerce sales in China, down from 48.1% in 2020. Insider Intelligence
  • Many big Chinese tech firms, including Alibaba Cloud, explicitly note that they will share data rather than protect it. bacsuk.org.uk
  • China fined the internet giant Alibaba a record $US2.8 billion ($3.7 billion) this month for anti-competitive practices, ordered an overhaul of its sister financial company and warned other technology firms to obey Beijing's rules. Australian Health Information Technology
  • Global watchdogs are increasingly wary that the huge amounts of data controlled by groups such as Facebook, Google, Amazon and Alibaba could allow them to reshape finance so rapidly that it destabilizes entire banking systems. Carrier Management
  • Internet giants like Alibaba, for example, have fallen 28% since last fall, when Beijing regulators scuttled the highly anticipated public offering of Ant Group, controlled by Alibaba co-founder Jack Ma, and increased scrutiny of internet behemoths. Barrons
  • As part of an aggressive US$ 1 billion plan to expand its presence across Southeast Asia, Alibaba Cloud will be launching its first data center in the Philippines by the end of 2021. Tech Wire Asia
  • Large digital multisided platforms such as Amazon, Alibaba, and Apple's App Store have made it much easier for sellers to reach new customers, but as thousands of companies large and small have discovered, conducting business on them carries significant risks and costs. Harvard Business Review
  • Chinese government officials started to see the elite business academy as a group that could jeopardize the Chinese Communist Party's interests. Pandaily
  • Global watchdogs are increasingly wary that the huge amounts of data controlled by groups such as Facebook, Google, Amazon and Alibaba could allow them to reshape finance so rapidly that it destabilises entire banking systems. Reuters
  • Beijing's crackdown on tech giants like Alibaba and Ant has been anything but secretive, and its goals - reducing monopolistic behaviour, financial risk and the abuse of personal data - are clear enough. Reuters
  • Alibaba Cloud and Tencent are both investing in Arm-based hardware for their cloud services as well, while Marvell will use the Neoverse V2 architecture for its OCTEON networking solutions. TechCrunch
  • Once the digital yuan is in wide circulation, it will likely strike the digital-payments operations of China's largest e-commerce and fintech conglomerates-Alibaba Group Holding and Tencent Holdings. Atlantic Council
  • The Chinese market offers excellent opportunities for third party suppliers which can adapt to serving the OEMs that are more flexible and ambitious than their foreign counterparts. Technology For You

Last updated: 19 September 2021


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