Alibaba

SHANGHAI: Alibaba Group has agreed to buy e-commerce business Kaola from Chinese gaming company NetEase for US$2 billion, adding a platform that specializes in supplying curated luxury goods from abroad to domestic consumers. Alibaba, which is looking for ne…

1 min read (Image credit: NetEase Kaola) Alibaba Group announced today that it has acquired NetEases cross-border e-commerce unit Kaola for approximately $2 billion, and along with Yunfeng Capital will take a minority stake in NetEase Cloud Music for $700 mi…

SHANGHAI: Alibaba Group Holding Ltd will buy e-commerce business Kaola from Chinese gaming company NetEase Inc for US$2 billion, adding a platform that specializes in supplying luxury goods from abroad to Chinese consumers. The long-rumoured deal comes as Ch…

On Wednesday, Tesla CEO Elon Musk and Alibaba cofounder Jack Ma took the stage at the World AI Conference in Shanghai to debate artificial intelligence and its implications for humanity. As expected, Ma took a far more optimistic stance than Musk. Ma encourag…

Alibaba co-founder and executive chairman Jack Ma and Tesla CEO Elon Musk hold a debate in Shanghai over artificial intelligence. They both agree that world population will decrease rapidly over the next few decades. Elon Musk statements :Elon thinks China …

The tech mogul also spoke about the importance of sending exploratory missions to Mars, arguing that humanity should prepare for the possibility, however small, of something bad happening to our planet.Famous entrepreneur and Tesla CEO and founder Elon Musk r…

NEW YORK--(BUSINESS WIRE)--The World Artificial Intelligence Conference 2019 (WAIC 2019) opened grandly in Shanghai on August 29. With the theme of Intelligent Connectivity, Infinite Possibilities, it gathers the world top minds for the highest-level AI acade…

When it comes to the future of humanity, Tesla CEO Elon Musk and Alibaba founder Jack Ma disagree on whether people should be scared by the potential of artificial intelligence. Ma is optimistic about AI, while Musk is more apocalyptic. But the two billionair…

Jack Ma believes artificial intelligence poses no threat to humanity, but Elon Musk called that "famous last words" as the billionaire tech tycoons faced off Thursday in an occasionally animated debate on futurism in Shanghai. The Chinese co-founder of Aliba…

Elon Musk and Jack Ma matched wits publicly for the first time. And boy, they didn’t disappoint. An onstage debate between China’s richest man and the Tesla Inc. boss left a largely Chinese audience both awestruck and dumbfounded as the pair sparred over eve…