China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce

How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI

DeepSeek's sudden emergence has put the AI industry's focus on a technique called distillation.

CNBC - 2d

Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers

Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.

CNBC - 2d

Amazon surpasses Walmart in revenue for the first time

Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.

CNBC - 3d

Block shares fall on profit, revenue miss

Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.

CNBC - 2d

Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI

Chinese tech group says it will spend more on artificial intelligence in next three years than over past decade

Financial Times - 2d

Ecuador will seek foreign military aid to combat drug cartels as violence surges

The government of Ecuador has taken another step in its effort to gain help from foreign military forces to combat drug cartels and various organized crime groups

ABC News - 3d

With Truth Social, Trump Has Official Mouthpiece and a Channel for Revenue

The president’s company, Trump Media & Technology Group, represents a clear mingling of his official duties and his business interests.

The New York Times - 3d

Singapore fund managers face lengthy licence wait amid surge in applications

Demand partly driven by Chinese quants expanding abroad after crackdown at home

Financial Times - 15h

Decaffeinated Brazilians blame Lula for surging cost of morning brew

Food inflation weighs on the ratings of leftwing leader of Latin America’s largest nation

Financial Times - 15h

US says revenue from minerals deal will fuel Ukraine’s postwar growth

Kyiv remains sceptical of plan as Treasury secretary Scott Bessent denies it is ‘coercive’ in FT opinion article

Financial Times - 9h

Emotionally Intelligent People Use a Brilliant 5-Word Question to Think Clearly and Make Better Decisions

Truly successful people know that the key to clear thinking isn’t taking emotions out of the picture: It’s balancing emotions with logic effectively.

Inc. - 9h

GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says

Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.

CNBC - 2d

Trump Eyes a Bigger, Better Trade Deal With China

U.S. officials are considering whether they can strike a deal with China that would ramp up its purchases of American goods and investments in the United States.

The New York Times - 4d

China’s record-breaking blockbuster buoyed by patriotic viewers

‘Ne Zha 2’ rakes in $1.7bn with help from companies organising group outings and repeat viewings

Financial Times - 2d

This ETF provider thinks it's time to rethink investing in China

Investors may want to reduce their exposure to the world's largest emerging market.

CNBC - 1d

China government spending on citizens lags economic peers

Relatively low expenditure that directly supports individual consumption could undermine growth efforts

Financial Times - 17h

Where to see cherry blossoms in South Korea

Yahoo News - 1d

Tennis participation grows to more than 25M players in the US even as pickleball's popularity surges

The U.S. Tennis Association says participation in the sport around the United States rose to 25.7 million players in 2024

ABC News - 4d

Nissan stock surges on report it’s seeking Tesla deal. How the odd pairing could work.

What ailing Japanese automaker Nissan could have that Tesla would want.

MarketWatch - 2d

Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion

Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.

CNBC - 1d

England to show ‘nastiness’ as Itoje backs side to wrestle back Calcutta Cup

Captain calls on his team to ‘create our own history’ Assistant coach Tom Harrison: ‘there’s a nastiness to us’ England have vowed to show their nasty side against Scotland on Saturday with the ...

The Guardian - 2d

Sources: Popovich not expected back this season

Spurs Hall of Fame coach Gregg Popovich is not expected to return this season, and his NBA future is uncertain as he recovers from a stroke suffered in November, sources told ESPN's Shams Charania.

ESPN - 2h

IOC finds Olympic sponsor in China through 2032 to replace Panasonic of Japan

The International Olympic Committee has found a sponsor in China to replace long-term commercial partner Panasonic from Japan

ABC News - 3d

Hasbro says it's taking steps to offset China tariff effects

Toy and gaming giant Hasbro is shifting manufacturing away from China as it eyes the effects of U.S. tariffs.

CNBC - 3d

China Defends South Africa’s G20 Ambitions as Rubio Snubs Meeting

The absence of Secretary of State Marco Rubio hung over the year’s first high-level meeting of the world’s largest economies, with diplomats fretting over turbulent times.

The New York Times - 2d

Japan warns over threat from China’s chip material export controls

Officials and executives say gallium rules will upset supply chains for chips and vehicle batteries

Financial Times - 2d

Planes diverted as China conducts rare military drill near Australia

China's naval exercise in the Tasman Sea has put Australia and New Zealand on alert, with Canberra calling it "unusual".

BBC News - 2d

Australia says China's "live fire" drill warning diverted flights midair

Australia's defense forces, joined by New Zealand, have been monitoring Chinese navy vessels since they were spotted last week.

CBS News - 2d

Starmer to tell Trump that UK’s Chagos deal will avoid tensions with China

PM to claim if US rejects Mauritius’s claim to own the islands, Beijing will be drawn into the regional dispute. Keir Starmer is to urge Donald Trump to recognise that a US rejection of Mauritius’s ...

The Guardian - 2d

On the ground in the Cook Islands, controversial deal with China stirs debate

Some residents say the agreement has harmed relations with New Zealand while others welcome the economic benefits it may bring. Standing under the shade of trees outside the Cook Islands parliament ...

The Guardian - 1d

Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.

The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.

The New York Times - 1d

China conducts second live-fire drill near New Zealand

Report from New Zealand navy personnel comes a day after similar drill forced multiple airlines to change flight paths between Australia and New Zealand. Get our breaking news email , free app ...

The Guardian - 1d