Saturday, Jul 24, 2021
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‘What if we’re the ants in this network of civilisations?’ asks UFO expert, as he says we should prepare for imminent ET contact
One of the founders of a new group formed last month, the International Coalition of Extraterrestrial Research, explains its mission to RT.com – and why he’s convinced aliens frequently visit Earth.
Bitcoin ticks back up to $34,000 after a dizzying 48 hours
Bitcoin returned above the $30,000 mark on Wednesday, highlighting the extreme volatility that has plagued cryptocurrencies in recent months.
How China Lost Patience with Its Loudest Billionaire
The sudden cancellation of Ant Group’s IPO shocked investors, but Beijing's slapdown of Jack Ma was years in the making. And Alibaba and Ant aren't the only tech firms under scrutiny by Chinese regulators.
US Withdrawing Trump Executive Orders To Ban TikTok, WeChat
A separate US national security review of TikTok remains ongoing, a White House official said.
'Dare to Lead the World': Huawei CEO Calls on Staff to Focus on Software Amid US Sanctions
The Chinese tech giant was placed on an export blacklist by former US President Donald Trump in 2019 and was denied access to essential US-origin technology, limiting its ability to design its own chips and procure components from outsid...
Tencent profits soar even as China tech crackdown worries linger
Tencent is pulling in more money and plans on investing more in games and videos, even as Beijing expands its scrutiny of the tech sector.
Big Asia merger creates $18 billion ride-hailing and e-commerce group
Gojek and Tokopedia - two of Indonesia's biggest startups - have agreed to merge to create the largest tech group in the country and one of the biggest ride-hailing and e-commerce companies in southeast Asia.
Alibaba posts first operating loss as a public company following $2.8 billion antitrust fine
Alibaba posted its first operating loss as a public company in its fiscal fourth quarter as a massive antitrust fine it received last month weighed on its earnings, while revenue beat expectations.
TikTok Hires Thousands to Challenge E-Commerce King Alibaba
Zhang Yiming built ByteDance Ltd. into the world’s most valuable private company via a string of blockbuster apps like TikTok that challenged Facebook and other incumbents on their own turf. His latest target: Alibaba.
The age of cyber warfare is a threat to us all
In his recent State of the Nation address, Vladimir Putin said that if challenged by another state, Russia’s response would be swift, harsh and ‘asymmetrical’. An unusual word, but anyone who has been paying attention to the developments...
The world is 'on the verge of the abyss’, says UN
The UN Secretary-General António Guterres gives a stark warning as the climate crisis looks set to worsen.
China fines Alibaba record $2.75 billion for anti-monopoly violations
China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.
Exclusive: China's antitrust regulator bulking up as crackdown on behemoths widens
China’s competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behaviour, especially among the country’s powerful companies, people with knowledge of the matter told Reuters.
Huawei To Shutter Cloud Computing, AI Business Groups Amid Restructuring As US-China Trade War Bites
The news reveals troubles faced by the Shenzhen-based firm, namely amid the ongoing US trade war on China and ongoing COVID-19 pandemic, according to media reports.
China mulls new bourse to lure overseas-listed firms
Beijing is exploring options to establish a new stock exchange that targets firms listed overseas and could bolster the global status of its onshore share markets, Reuters reported, citing sources.
Chinese apps join celebs in backlash against Western fashion brands over Xinjiang
China’s top ride-hailing app dropped Swedish fashion retailer H&M from its listings as Chinese celebrities stopped endorsing foreign labels in a growing uproar over Western accusations of “forced labour” in Xinjiang.
Why did Alibaba's Jack Ma disappear for three months?
Jack Ma was about to become the richest man in China.
Musk says Tesla would be shut down if its cars spied in China, elsewhere
Tesla Inc chief executive Elon Musk said on Saturday his company would be shut down if its cars were used to spy, his first comments on news that China’s military has banned Teslas from its facilities.
China's Xi Jinping warns of tech crackdown, Alibaba pulled from app stores
CCP officials on Monday warned of tech giants 'growing in an inappropriate manner'
Beijing asks Alibaba to shed its media assets
Under Jack Ma’s leadership, the company built a formidable portfolio of media holdings
Simon Hu resigns as Ant Group CEO following regulatory crackdown
Simon Hu has resigned as chief executive officer of Ant Group, months after the digital payments company was forced to pull its IPO amid a crackdown by Chinese regulators.
India is trying to build its own internet
While Twitter finds itself in a prolonged standoff with the Indian government over the company's refusal to take down certain accounts, a senior executive of a very similar Indian social network says the sudden attention on his app has b...
Clubhouse app: what is it and how do you get an invite to the exclusive audio app?
The exclusive invitation-only social networking app is a hybrid of conference calls, talkback radio and Houseparty
China issues new anti-monopoly rules targeting its tech giants
China’s market regulator released new anti-monopoly guidelines on Sunday that target internet platforms, tightening existing restrictions faced by the country’s tech giants.
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