Chinese technology giant Tencent Holdings announced on Friday a new strategic partnership with smartphone maker Honor for cloud computing and artificial intelligence (AI), giving a boost to a domestic rival to Apple, which has yet to settle on a partner to launch AI on iPhones in the country. Shenzhen-based Tencent said in a post on … Read more
Online businesses are racing to innovate and enhance user experiences, leveraging advanced technologies like AI, cloud computing, and blockchain. However, this pursuit comes with a critical challenge: ensuring user data protection while adopting these transformative tools. Striking a balance between innovation and security is essential to maintaining user trust, complying with privacy regulations, and fostering … Read more
The US Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter said on Wednesday. The probe was approved by FTC Chair Lina Khan ahead of her likely departure in January. The election of Donald Trump as US president, … Read more
Alibaba Group Holding’s New York-listed stock gained 5 per cent in pre-market trading after it posted a surprise increase in its September quarter net profit, as strong growth in its cloud computing and offshore e-commerce businesses offset the fall in domestic retail sales caused by China’s consumption slump. Net income surged 58 per cent to … Read more
Opinions expressed by Entrepreneur contributors are their own. Migrating to Amazon Web Services (AWS) is a journey. It often feels daunting to start this journey, but it doesn’t have to be. With this article, I will run through five key strategies that when used in isolation, as well as when combined, will go a long … Read more
TikTok’s Chinese parent ByteDance plans to develop an artificial intelligence (AI) model trained primarily with chips from compatriot Huawei Technologies, said three people familiar with the matter, as US curbs turn the social media giant homeward in search of chips. ByteDance has diversified to domestic suppliers of chips used in artificial intelligence and accelerated development … Read more
“Huawei has years of experience with its own intelligent transformation, and we’ve been helping a wide range of industries go intelligent, too,” Xu said in his keynote speech at Thursday’s opening of the Huawei Connect 2024 event, which runs until Saturday in Shanghai. The 57-year-old Xu is set to complete a six-month stint as the … Read more
Amazon’s computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data center business in the country as part of the tech giant’s effort to boost its cloud offer in Europe, four people familiar with the matter said. Cesc Maymo | Getty Images News | Getty Images … Read more
AI investment has boosted the company’s revenue in search and recommendation scenarios, Chen said, and helped increase the frequency with which shoppers repurchase products on the company’s e-commerce platforms such as Taobao and Tmall. Alibaba’s June quarter was a mixed bag. The company reported 4 per cent year-on-year revenue growth to 243.2 billion yuan (US$33.5 … Read more
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024. Qilai Shen | Bloomberg | Getty Images Alibaba missed top and bottom line expectations for the June quarter of 2024 as it continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer. … Read more
