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Alibaba says to hire this year, refuting layoff rumours
Reuters via Yahoo! Philippines News· 1 year agoSHANGHAI (Reuters) -Alibaba Group Holding Ltd said on Thursday it planned to hire 15,000 people this...
SoftBank questions S&P after it cuts rating deeper into junk
Reuters via Yahoo! Philippines News· 1 year agoTOKYO (Reuters) -S&P Global Ratings cut SoftBank Group Corp's long-term rating deeper into junk...
Alibaba's cloud unit to cut 7% of staff in overhaul - source
Reuters via Yahoo! Philippines News· 1 year agoAlibaba did not immediately respond to a Reuters request for comment. Earlier this month, the...
SoftBank exploring offering credit funds to tech startups- sources
Reuters via Yahoo! Philippines News· 1 year ago(Reuters) -SoftBank Investment Advisers, which manages two Vision Funds, is exploring launching a...
Tencent cuts cloud service prices up to 40% to fend off rivals
Reuters via Yahoo! Philippines News· 1 year agoHONG KONG (Reuters) -Chinese internet giant Tencent Holdings is cutting prices for cloud services by...
Sea’s path to profit paved with layoffs, single-ply toilet paper
Bloomberg via Yahoo! Philippines News· 1 year agoJust over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his...
SoftBank Vision Fund loses money again despite tech rebound
Bloomberg via Yahoo! Philippines News· 1 year agoSoftBank Group Corp. lost money in its Vision Fund investment unit again despite a rebound in tech...
Alibaba’s global online commerce arm weighs a US IPO
Bloomberg via Yahoo! Philippines News· 1 year agoAlibaba’s international online shopping unit is exploring a US IPO as it weighs options to spur growth for the business that includes major e-commerce...
China's AI industry barely slowed by US chip export rules
Reuters via Yahoo! Philippines News· 1 year ago(Reuters) -U.S. microchip export controls imposed last year to freeze China's development of...
Alibaba Cloud cuts prices by up to 50% for core, storage products
Reuters via Yahoo! Philippines News· 1 year agoBEIJING (Reuters) -E-commerce and tech giant Alibaba's cloud computing division will cut prices for...