Open this photo in gallery: An Alibaba Group office building in Beijing, on Aug. 9, 2021.TINGSHU WANG/Reuters
Investors wiped out some $20-billion off Alibaba Group’s BABA-N market value on Friday after it scrapped plans to spin off its cloud business, citing uncertainties over U.S.
Alibaba’s U-turn on cloud unit spinoff wipes some US$20-billion off its market value comes via ChinaTechNews.com.
Shellenberger tells weaponization subcommittee US and UK turned ‘psychological operations’ against Americans
Suning Logistics To Cooperate With Amway
Taiwan to ease investment rules on mainland banks
The Four “Cs” of Innovation
Wall Street poised for modestly higher open as US sets new tariffs
Ningbo to hold China consumer goods fairKim Jong Un confirms summits with US and South Korea
Ubuntu Inks Open Source Deal With Chinese Government Agencies
China’s money is a mixed blessing for Pakistan
Sohu.com Confirms Chief Editor’s Departure