Alibaba downsizing its metaverse division, amid shifting focus and resource towards AI
Alibaba, the Chinese e-commerce giant, is reportedly scaling back its metaverse operations

Alibaba, the Chinese e-commerce giant, is reportedly scaling back its metaverse operations
As the birthplace of Silicon Valley, what is the current situation of buybacks here? After Sam Altman has received so much money from various investors, will he also lose sleep over "buybacks"? We talked to local first-line investors.
SunPump adopts a 100% on-chain buyback and burn strategy, enhancing transparency and outpacing competitor Pump.fun in daily revenue and activity.
Ripple plans a $1.4 billion share buyback, reflecting confidence amidst SEC challenges.
Alibaba shifts focus from quantum computing to generative AI, showcasing adaptability and commitment to innovation.
Alibaba unveils Tongyi Qianwen 2.0 amidst US-China AI supremacy race and evolving regulations.
The new additions are expected to allow banks to configure the Fireblocks platform to their existing IT infrastructure and security policies.
Joseph Tsai, a co-founder of Alibaba, will succeed Daniel Zhang as chair of the internet giant. He is a noted crypto enthusiast who has invested in several startups in the sector.
The failure also affected websites and apps at the Monetary Authority of Macau, Galaxy Macau hotel, Lotus TV Macau, and food delivery platform MFood
The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results.