Alibaba

Click here to read the full article. Alibaba Pictures, the stock market-listed film subsidiary of Chinese tech giant Alibaba, is to pay $57 million (RMB400 million) for a majority stake in variety show producer Tianjin Yinhekuyu.The company said that the purchase of loss-making Yinhekuyu will help it to build up…

As the number of coronavirus infections spirals out of control, the U.S. and countries around the world have reported major shortages of ventilators, respirators, test kits, surgical masks, and other essential health equipment for dealing with the pandemic. On Wednesday, President Donald Trump continued to blame China and doubled down…

China’s top medical authority issued a gag order after Wuhan labs sequencing coronavirus found it resembled the SARS virus that killed nearly 800 people in 2002-2003 back in late December, according to Chinese media.Caixin Global, a respected independent publication, reported that genomics laboratories sequenced the coronavirus by December 27, but…

Illustration: Aïda Amer/AxiosCompanies from across the tech industry are trying to figure out not only how best to support their employees during the coronavirus crisis, but also how they can be a resource to their users.Why it matters: There are a lot of unknowns about what the next few weeks…

March 16, 2020 | 6:50am | Updated March 16, 2020 | 10:02am Chinese billionaire Jack Ma, founder of e-commerce colossus Alibaba, announced that the first shipment of his donated face masks and coronavirus testing kits was en route to the US. “The first shipment of masks and coronavirus test kits…

Image copyright Getty Images Alibaba co-founder Jack Ma has sent the first shipment of surgical masks and coronavirus test kits to the US.The Chinese billionaire tweeted two pictures of the pallets of goods being loaded on to a plane in Shanghai. Earlier this month he said he would give 500,000…

Co-founder of Alibaba Group Jack Ma .Alibaba co-founder Jack Ma has sent the first shipment of surgical masks and coronavirus test kits to the US.The Chinese billionaire tweeted two pictures of the pallets of goods being loaded on to a plane in Shanghai.Earlier this month he said he would give…

SHANGHAI, CHINA – NOVEMBER 05: Alibaba Chairman Jack Ma speaking duirng the Hongqiao International Economic and Trade Forum in the China International Import Expo at the National Exhibition and Convention Centre on November 5, 2018 in Shanghai, China. The first China International Import Expo will be held on November 5-10…

Over the past week, one thing has become painfully clear for U.S. residents: COVID-19 is going to permeate every aspect of our lives for a long time to come. Those of us in and around tech have been noticing this for months now. First through the impact on our friends…

Rep. Alexandria Ocasio-Cortez has said billionaires shouldn’t exist. So the New York congresswoman owes these two billionaires an apology. Because Alibaba founder Jack Ma is donating 500,000 test kits and 1 million face masks to US coronavirus containment efforts. Meanwhile, Microsoft founder Bill Gates’ Foundation is donating $100 million to…