Weekend News Roundup September 28, 2024

Weekend News Roundup September 28, 2024

Image: Irvine Police Department Police departments across the country have been scrambling to be the first to purchase one of Tesla’s Cybertrucks. For whatever reason, the low-res truck appeals to law enforcement. Irvine, California looks to be the first police department in the country to have purchased the electric truck, and after it was been … Read more

Alibaba looks on course for a turnaround amid renewed investor frenzy for Chinese stocks

Alibaba looks on course for a turnaround amid renewed investor frenzy for Chinese stocks

“Alibaba may gradually become more attractive to some long-only funds because it is, after all, the largest e-commerce stock in China,” said Shawn Yang, senior analyst at Arete Research. “The expectations of macro improvement may be passed on to these consumer stocks. Alibaba is the largest among them, and its situation is improving.” Alibaba, owner … Read more

Alibaba sets US$142 million promotion to waive delivery fees for Hong Kong’s Taobao users

Alibaba sets US2 million promotion to waive delivery fees for Hong Kong’s Taobao users

Alibaba Group Holding has earmarked 1 billion yuan (US$142 million) to waive delivery charges on Taobao users in Hong Kong for each order that costs more than 99 yuan during this fourth quarter. The three-month campaign covers categories such as fashion accessories, electronics, skincare and cosmetic products on Taobao, according to Alibaba, owner of the … Read more

Alibaba’s Singles’ Day preparation includes US$5.7 billion in aid to merchants

Alibaba’s Singles’ Day preparation includes US.7 billion in aid to merchants

Alibaba Group Holding has earmarked at least 40 billion yuan (US$5.7 billion) worth of resources to help merchants on Taobao and Tmall during the Singles’ Day shopping festival, as the e-commerce giant fights to protect its core business in an increasingly competitive market. The largest shopping platforms owned by Alibaba, which also owns the South … Read more

Alibaba Cloud to kick off annual Aspara tech event with focus on AI

Alibaba Cloud to kick off annual Aspara tech event with focus on AI

Alibaba Group Holding’s cloud unit is set to kick off its annual tech event this week, as China’s largest cloud service provider brings together large language model (LLM) start-ups to discuss the future of artificial general intelligence (AGI). Eddie Wu Yongming, chief executive of both Alibaba Group and its cloud unit, will deliver a keynote … Read more

Diamond-Making Machine For Sale Online: Lab-Grown Gem Growth

Diamond-Making Machine For Sale Online: Lab-Grown Gem Growth

In 1948, diamond company De Beers launched a marketing campaign with the slogan “A diamond is forever.” Fifty years later, the company created another campaign justifying the price of diamonds with the slogan, “Isn’t two months’ salary a small price to pay for something that lasts forever?” Now, De Beers is aggressively cutting prices to … Read more

Test drive at 140mph: Alibaba’s Taobao puts Xiaomi car buyers behind virtual wheel

Test drive at 140mph: Alibaba’s Taobao puts Xiaomi car buyers behind virtual wheel

A new feature on Alibaba Group Holding’s Taobao app lets potential car buyers test drive Xiaomi’s SU7 electric sedan virtually through Apple’s Vision Pro headset, the latest example of Chinese tech companies employing cutting-edge technology to compete for customers. Launched earlier this week as part of an update to Taobao’s Vision Pro app, the new … Read more

Tencent’s WeChat Pay brings palm payments to Macau, targeting mainland Chinese tourists

Tencent’s WeChat Pay brings palm payments to Macau, targeting mainland Chinese tourists

Chinese social media giant Tencent Holdings has introduced its palm-recognition technology in Macau, allowing mainland tourists to pay in shops by holding their hands over a scanner, using its WeChat Pay service. This is the first time that Tencent’s WeChat Pay, known as Weixin Pay domestically, has made palm payments available outside the mainland. In … Read more

Must have experience: impossible catch for pressured Chinese students seeking internships

Must have experience: impossible catch for pressured Chinese students seeking internships

Young Chinese hoping for a top job after graduation meet increasing competition and pitfalls on the way to building an eye-catching resume. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to … Read more

New AI supply chain standard brings together Ant, Tencent, Baidu and Microsoft, Google, Meta

New AI supply chain standard brings together Ant, Tencent, Baidu and Microsoft, Google, Meta

The companies unveiled their “Large Language Model Security Requirements for Supply Chain” on Friday with the World Digital Technology Academy (WDTA), during a side event at the Inclusion Conference on the Bund in Shanghai. This new standard, which covers the entire life cycle of LLMs, is part of the WDTA’s broader AI Safety, Trust, and … Read more