China’s tech giants have reportedly halted plans to issue their own stablecoins following regulatory concerns. Companies such as JD.com and Ant Group had been planning to take part in Hong Kong’s pilot stablecoin project or issue virtual asset-backed products, like tokenized bonds. But as the...
China’s Singles’ Day sales festival has reportedly been stretched to as long as five weeks by some retailers. While the sales event is set for Nov. 11, which is the original Singles’ Day, JD.com and Douyin began their campaigns on Oct. 9 and Alibaba began its...
The additional tariffs imposed by President Donald Trump on China, Canada and Mexico reportedly include a provision that will eliminate a longstanding rule that allows small packages to enter the U.S. without a paying a tariff. This rule — the “de minimis” exemption that applies...
Chinese tech giant Alibaba is reportedly slashing prices on its AI large language models. Those markdowns are as high as 85%, CNBC reported Tuesday (Dec. 31), citing a WeChat post from the company’s cloud computing unit. The cuts involve Alibaba’s visual language model, Qwen-VL, created to perceive and...
November 11, 2022
Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours last year. For context, compare that to the $12 billion […]
March 13, 2020
There is nothing worse than trying to get customer service from a less than fully functional chatbot or automated voice system. Ask it a question it gives an answer, just...
September 28, 2018
An estimated 52 percent of consumers worldwide are now using Intelligence of Things (IoT) devices. However, even as smart devices become more present in consumers’ homes, researchers and consumers alike...
August 09, 2017
UnionPay is facing an increasingly competitive and complicated world these days. Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in a market that is quickly...
March 16, 2026
Chinese eCommerce giant JD.com has launched a shopping platform in Europe. Joybuy, which debuted Monday (March 16), serves six European countries, including the U.K. and Germany, along with the Netherlands, France, Belgium and Luxembourg. “The UK and Europe have some of the savviest shoppers in the world, and we’re bringing our decades of retail and logistics experience to the […]
October 19, 2025
China’s tech giants have reportedly halted plans to issue their own stablecoins following regulatory concerns. Companies such as JD.com and Ant Group had been planning to take part in Hong...
February 02, 2025
The additional tariffs imposed by President Donald Trump on China, Canada and Mexico reportedly include a provision that will eliminate a longstanding rule that allows small packages to enter the...
December 31, 2024
Chinese tech giant Alibaba is reportedly slashing prices on its AI large language models. Those markdowns are as high as 85%, CNBC reported Tuesday (Dec. 31), citing a WeChat post from the...