China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China
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Artificial intelligence can help predict the next pandemic
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How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI
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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 - Feb. 21 -
US intelligence chief criticises UK demand for Apple data ‘back door’
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North Koreans are back to fighting alongside Russia, South Korean intelligence says
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Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit
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DeepSeek spreads across China with Beijing’s backing
AI start-up’s models are being rapidly adopted by state-owned enterprises, hospitals and local governmentsFinancial Times - 2d -
Tesla’s stock is back to red: Why China full-self-driving boost was short-lived
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Alibaba’s stock falls on expensive AI-investment pledge
The online retailer plans to spend $53 billion over the next three years on AI and cloud technology.MarketWatch - 4d -
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 decadeFinancial Times - Feb. 21 -
Alibaba makes AI video generation model free to use globally
Open-source AI tech has been thrown into the spotlight since Chinese firm DeepSeek rattled global markets in January.CNBC - 3d -
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 - Feb. 20 -
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 - Feb. 21 -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 3d -
Salesforce misses on revenue, issues disappointing guidance
Salesforce missed analysts' expectations for quarterly revenue in its top two categories.CNBC - 2d -
English councils’ spending on emergency housing surges
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Prompt AI’s Seemour launches visual intelligence platform for the home
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100 intelligence staffers to be fired for engaging in explicit chats: Gabbard
The participants must be dismissed from the National Security Agency by Friday, NSA Chief of Staff Alexa Henning wrote in a post on X on Tuesday.ABC News - 3d -
Gabbard Says More Than 100 Intelligence Officers Fired for Chat Messages
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US intelligence head 'not told' about UK's secret Apple data demand
Tulsi Gabbard said she was seeking further information from the FBI and other US agencies.BBC News - 2d -
OpenAI Says ChatGPT-4.5 Comes With a Killer Feature: Emotional Intelligence
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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 - Feb. 20 -
Is China investable again?
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With Truth Social, Trump Has Official Mouthpiece and a Channel for Revenue
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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 articleFinancial Times - 6d -
North Koreans on Chinese Tuna Boats Boost Revenue for Kim Jong-un
Thousands of miles from home, North Koreans work on Chinese tuna longliners in the Indian Ocean for pay that goes to their leader, a new study says.The New York Times - 5d -
Congestion Pricing Reduced Traffic. Now It’s Hitting Revenue Goals.
Revenue figures from the Manhattan tolling plan showed that the program is on track to raise billions for mass transit repairs.The New York Times - 4d -
Spain wine export revenue rises in 2024 but volumes fall
Yahoo News - 4d -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - 3d -
Krispy Kreme’s stock heads for a new low as company warns of weaker revenue
Krispy Kreme Inc.’s stock was down more than 23% Tuesday and heading toward a new low, weighed down by the doughnut maker’s fourth-quarter results and weak full-year outlook.MarketWatch - 3d -
Instacart suffers steepest drop on record after disappointing revenue, lackluster forecast
Instacart shares plummeted 12%, their worst day on record, after missing on revenue and issuing lackluster guidance.CNBC - 2d
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Apple to fix dictation glitch that suggests replacing the word 'racist' with 'Trump'
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Apple unveils a souped-up and more expensive version of its lowest-priced iPhone
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