36 Burst results for "Alibaba"

Fresh update on "alibaba" discussed on Balance of Power

Balance of Power

01:07 min | 14 hrs ago

Fresh update on "alibaba" discussed on Balance of Power

"Process will require some job losses. We're seeing a spike in yields across the curve particularly at the long end, a ten year treasury now at three 85, a two year at four 28, and this move up across the curve in rates is strengthened the dollar quite a bit. One of the factors at any rate with the Bloomberg dollar spot index rising about 1% right now. In the equity space, weakness across the board, good news is we're off session lows. The Dow is down about dust. Let's call it 8 tenths of 1%. S&P 500 right now, weaker by about 7 tenths of 1%. And in the NASDAQ market the composite index only off by a tenth of 1%. Let's check on trading in American depository receipts right now. Abigail Doolittle is here with that. Hey, Abby. Hey Doug. Well, that's offset some of that weakness in stocks. You were just talking about with a pocket of real strength for some of these ADR specifically China tech one index is up overall up 2.2% and individually we have some of these ADRs such as duo up 2.3%, net is up 1.2% JD.com up 2.6%. Alibaba up 8 tenths of 1% and Baidu up more than 1%. So again, some real strength. This has everything to do with the fact that Macau is said to be considering or is likely to reopen group tours to Macau, this November spurring the idea that some tourism will return to that area and that seems to be going right out into some of the China tech names earlier it had been helping out U.S. tech, not so much and if we look elsewhere in the world of ADRs, we see some weakness similar to what you were talking about, even as yields rise as continues to be an interesting one, Doug, we have some of the big banks such as UBS, that ADR down 1.7% Credit Suisse that ADR down nearly 3%. And finally, rounding it out, Lloyd's group down 4.1% Doug. All right, thanks to Abigail Doolittle. Well, it's the worry about a global recession that is sending oil prices lower right now with WTI off about 1.8%. We're trading 77 30 now and the Brent contract at 84 60 with a loss of about 1.8%. A

Abigail Doolittle Macau Doug Treasury Abby Alibaba China Baidu UBS Credit Suisse U.S. Lloyd
"alibaba" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:04 min | 2 months ago

"alibaba" Discussed on Bloomberg Radio New York

"In the coming week. A Hong Kong listing of Alibaba could be open sesame for the market there. For more, let's go to Hong Kong and Bloomberg daybreak, Asia host Brian Curtis, and his colleague Doug prisoner. John Alibaba's proposed primary listing in Hong Kong may open a lot of doors. Around 15 other Chinese companies with secondary listenings here are also looking to make the switch as well. Among them, JD.com NetEase and Baidu. Now this move would give Chinese investors access to buy the stocks through the southbound stop connect schemes with Shenzhen and Shanghai, it may also help boost liquidity in Hong Kong and it might mean the regulatory crackdown on Chinese tech companies is drawing to a close. Earlier, we saw Chinese regulators wrapping up a yearlong probe into didi global with a fine of $1.2 billion. So what else might be happening? Well, joining us is Catherine Lim, who is consumer and healthcare team leader at Bloomberg intelligence. Let's talk a little bit about Alibaba first and if the ownership structure of the company will actually allow it to be included in the stock connect. We don't really foresee an issue that will deter them from seeking a primary listing by the end of this year. There may be some pickups depending on their negotiations with authorities to the nitty Gritty specifics itself, but again as we study what has been disclosed by the Hong Kong stock exchange when it comes to a conversion of a secondary listing in Hong Kong to a primary one in the city, I do think that Alibaba is in a pretty sweet spot to actually make the date line by the end of this year. I was looking at the hang seng tech index, I guess year to date we're down roughly 19% and when it comes to earnings a number of strategists are giving us the impression that maybe the weakness in results has begun to bottom out. So in terms of timing here, as it relates to earnings and investor interest, could this really be an Alibaba's favor? So we're going to hear more about the results next Thursday, August 4th, when the company reports their results, and it's likely going to be probably one of the weakest set of results that we have seen, given what went on in China, April, May and June. Now we do expect that the forward indication to be more positive as we have picked up from the markets from some of the companies out there about the trajectory through July. It is still not back to where they would like it to be, but definitely I would think that it is fair to say at this juncture that the worst is over. Going back again to the outlook ahead I do think that the company will probably be guiding for a more optimistic outlook over the next couple of months. I do warn that the rate of the recovery may be slow, but definitely to treachery is there. Let's talk a little bit about what this means for Hong Kong. Not least of which will be the added liquidity and hopefully I suppose a lot of extra flows coming from China. Right. We've done some numbers. And we, in general, based on what has been traded for higher profile names like ten cents, we see that the stock connect could actually live volumes on Hong Kong's stock exchange by at least 2025%, and it could actually go up to about 37% based on what we have seen again from trading over the last 6 months of this year. Do you have a sense of how much Alibaba could potentially raise through a primary listing in Hong Kong? This is strictly a conversion from secondary listing to primary listing, so no new shares will be issued in this exercise. Catherine, I think we can wrap up on one question that was posed by Doug earlier, and that is whether or not this is a sign that this big crackdown on regulation of tech companies in China is coming to an end. Going forward, I do expect there will be fewer bridges and violations and possibly from a fine perspective, you will see smaller amounts being imposed on companies. Catherine, thanks so much for joining us and sharing your insights with us. Catherine Lim, who is consumer and healthcare team leader at Bloomberg intelligence. I'm Brian Curtis, along with Doug prisoner. You can catch us every weekday here for Bloomberg daybreak a show beginning at 6 a.m. in Hong Kong and 6 p.m.

Hong Kong Alibaba Brian Curtis Bloomberg daybreak Doug prisoner John Alibaba Catherine Lim Bloomberg intelligence didi global NetEase Baidu Shenzhen Shanghai Asia China
Matt Palumbo: Why Is George Soros Speaking Against China?

The Dan Bongino Show

01:35 min | 6 months ago

Matt Palumbo: Why Is George Soros Speaking Against China?

"Now lately there's been a very strategic turn by Soros Soros has been writing I know you picked up on it I've seen your writing on it We obviously worked together He's been writing and attacking China and Chinese communist policies collectivism and that kind of thing which is kind of strange because the candidates George Soros tends to back the chase a Buddhist the left wing DAs here the Joe Biden far left types all practice the same type of kind of soft collectivism the Chinese Communist Party some hard collectivism is practicing right now What do you think is what's the motivation behind that What's he up to So I guess no pun intended you follow the money So you have to wonder you know the question I was asked is like why now of all times And you look into what G is doing So he for instance crackdown and Alibaba which is sort of like China's version of Amazon.com Well what do you know a very large chunk of Alibaba is owned by George Soros There was another company that went public a few months ago called didi which is sort of like China's version of Uber and Soros owned a very large chunk of that They cracked down on the company immediately after they went public I think it's down 90 or so percent What do you know Soros is upset about that because he's invested in it So all these I think it was maybe two or so other games that I say went to where it's not in Seoul China went after companies that Soros was personally invested in that he pretended to care So unless it affects him personally he's pretty much fine with it I don't see much of the Uighurs or anything like that So

Soros Soros Chinese Communist Party George Soros China Alibaba Joe Biden Amazon.Com Soros Seoul
"alibaba" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:03 min | 11 months ago

"alibaba" Discussed on Bloomberg Radio New York

"Doug Chris her at the Bloomberg interactive broker studio in New York We have trading underway across the apac region A lot of weakness in the market in Hong Kong hang sang down by more than 1.7% largely the result of a 10% pullback in shares of Alibaba after that disappointing revenue outlook closer look at all the price action for you in a moment Right now a few of the sours top business stories Well it's really interesting to contrast Alibaba and what's happened with that company and stock compared to Amazon with a gain of more than 4% in the latest session and also this next story Two department store chains offering encouragement as we prepare for the holiday shopping season Macy's posted stronger than expected results for the third quarter and the retailer also raises full year earnings guidance Bloomberg's Jordan Holman gives us the reasons Investors also got excited about their new strategy around digital So today Macy's announced that they would launch a digital marketplace So highly curated products and then also third party products So Macy's has done strong on this in the last thing I would say is that people are closely watching inventory levels going into the holiday season especially with all the concern about supply chain It makes you show that they are at a good position In the meantime coals also posted sales above expectations and an increased its full year outlook as well Coal shares jumping 10% The biggest gain in nearly 9 months and makes he shares rallied 21% in the regular session So those were the winners now one of the losers India's largest digital payment providers lost more than a quarter of its value on its first day of trading This is one 97 communication It's the operator of paytm It shares plunged more than 27% on their first day Now retail investors who piled into this offering are now sitting on heavy losses alongside global money managers like BlackRock paytm's IPO is one of the most disappointing major tech debut of all time and this raises concern over whether optimism behind IPO fundraising has gone a little too far It's been a standout year for India's Internet startups So far this year Indian IPOs have raised about $15 billion and that's already an annual record While the Singapore based Bitcoin mining firm bit deer technologies merging now with the blue safari group This back agreement is estimated to be worth $4 billion and it will allow bit dear to trade in the United States Bit there is controlled by Chinese billionaire jihan Wu is considered one of the most influential people in the cryptocurrency market Today's deal has announced does not come with additional funding in the form of private investment in public equity shares of the spac in an all time high of $10 49 cents after the announcement However their little changed since the listing debut All right the time now is just about 33 minutes past the hour Let's take a look at the markets in the Asia Pacific We mentioned earlier that it was a pretty good day for U.S. stocks and we saw some solid gains there particularly with the NASDAQ up about half of 1% The S&P 500 up about a third of a percent But it's a different story in the Asia Pacific the MSCI Asia Pacific is trading down about two tenths of a percent MSCI China down 1.6% A lot of that is from the Hong Kong market with Hank sing index has tumbled some 440 points or so That's a drop of 1.7% and led by losses in Alibaba down 10.1% The Hanks hang tech index is down one and a half percent It dropped almost 3% yesterday However around some of the other markets we've turned a little bit more towards positivity The CSI 300 in China is now up three tenths of a percent The Cosby is trading up about a half of 1% Taiwan is positive two tenths of 1% and even the straight times index has eked out a slight game Slightly more solid gains are seen in Tokyo with an EK is up about four tenths of a percent and broadly speaking this has been a pretty good day for information technology stocks And even the ASX 200 is now up about a tenth of 1% We told you about Alibaba part of the Alibaba story was ant group Its profit rose an estimated 39% in the June quarter and was attributed to a gain in investments And like others ant is grappling with the impact of China's regulatory changes still and contributed $1 billion to Alibaba's earnings and what might be part of Alibaba's demise are gains for pindo and also for JD.com and JD and been trading up around 5% today in the Hong Kong market The dollar is slightly stronger now dalian one 1435 the Euro just a dollar 1355 and the yield on the ten year treasury 1.59% Dug over you All right 35 past the hour as we update.

Alibaba Macy Doug Chris Bloomberg interactive broker Jordan Holman paytm BlackRock paytm IPO Hong Kong Asia Pacific jihan Wu
"alibaba" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:07 min | 11 months ago

"alibaba" Discussed on Bloomberg Radio New York

"With your global looking ahead at the top stories for investors at the coming week Major tech companies have an under pressure from Beijing You might say from investors too Is this the beginning of the end or the end of the beginning For more let's go to Hong Kong and Bloomberg day break Asia host Brian Curtis and his colleague Dunn Kristen John how close are we to the end of the rigorous regulatory crackdown in China particularly in the areas of technology And with some tech companies stocks down 50% how much is already discounted Now in the coming week we'll get key insights into how two of these companies are faring will get earnings from ten cent and it singles day with the Alibaba Now in the meantime analysts have been reducing their earnings estimates on Alibaba Bloomberg data suggests earnings per share for the next 12 months will be down 20% from earlier projections In comparison Tencent Baidu and JD.com have seen smaller earnings downgrades this year For more we have vast Matthew Cantor men with Bloomberg intelligence technology to join us So a weaker economy nervous consumers tough regulation social initiatives what's weighing most on Alibaba It's tough to say what's weighing most I think at the moment if you take the regulatory angle I think for the most part it's not safe to say because you never know but I think most people agree that the worst has passed There's just still lingering fear that there's something else that could come that we're not sure of where that is yet And that's why you still see so much uncertainty And then I think you know as an ecommerce platform at the end of the day it is retail It is consumption And so with the slowing economy you can look at inflation and food prices going up You can look at what the knock on effects from the property sector not just ever grand but all of them you know most Chinese people have a lot of their wealth tied up in property And if their biggest asset is at risk of going down in value they're going to start pulling back And then also just the flare ups of COVID that we're seeing across Mainland China That also affects consumption patterns as well People's propensity and willingness to spend on non-essential items And so I think when you tie all of that together it's not a rosy picture for consumption You know we've seen this in the smartphone market for example which is a big big category for ecommerce platforms You know aside from Apple with the iPhone 13 is doing quite well You know the Android market is slowing down a lot 5G Android smartphones are basically at their lowest cadence since right around the pandemic You know the pandemic you know when an onset last in 2020 So you know it's not a great picture in terms of the consumption outlook And so there's a lot riding on singles day and a lot riding on Alibaba's forecast for the next couple of quarters in terms of how is this going to turn around and then also at the same time that the economy is slowing and consumption risks are building their investing more in the business which if you're a long-term investor you always want to see them invest And so when you couple the profit impact of these investments which is a near term hit for long-term gain with the slowdowns and the core business that's why you're seeing EPS estimates drag a lot lower for the next couple of quarters Okay word on Tencent We saw sales jump quite significantly 20% or so on some of these games like League of Legends and peacekeeper lead and honor of king's some of the stalwart games that they have is gaming somewhat immune to the economic slowdown Yes because if you look at a lot of these games they're already spending is already driven a lot by what we like to call whales in the gaming industry A small percentage of the gaming population that spends outsize amounts of money that are already wealthy And so a lot of these games do have wow mechanics and so from that perspective they're going to be largely insulated Gaming tends to be quite resilient during recessions not just in any sort of consumption slowdown not just in China but globally The bigger risk right there again we go back to the regulatory framework the government's also going after the gaming companies in the regulatory crackdown It's a lot of the same concerns that we saw back in 2018 around the exposure of miners or certain kinds of content the amount of time minors are spending playing We've seen the government come out and restrict rules in place that restrict the playtime of people under 18 to just three hours per week one hour each on Friday Saturday and Sunday That's not such a big hit to any of these leaders like Tencent and nettie It's about 5% of ten cents domestic game revenue and they still get a handy amount of their revenue also abroad So it's only about three and a half to 4% of their total gain revenue It's only 1% for nettie who's the number two player The bigger issue for them and for the sector is that for the last four months there haven't been any new games approved by the government And to launch a game in China you need a license from the government And so without these new games you know that's going to take some of the top off the growth of the market Matthew thank you so much for being with us and sharing your perspective Matthew Cameron is a Bloomberg intelligent senior analyst for Asia technology joining us from Hong Kong I'm doctor prisoner along with Brian Curtis you can catch us every weekday for Bloomberg daybreak Asia beginning at 6 a.m. in Hong Kong 6 p.m. on Wall Street John.

Alibaba Brian Curtis Dunn Kristen John Alibaba Bloomberg Tencent Baidu JD.com Matthew Cantor Bloomberg China Beijing Hong Kong Tencent Asia Mainland League of Legends Apple
"alibaba" Discussed on Reformed Millennials - Growth Investing Canada

Reformed Millennials - Growth Investing Canada

04:41 min | 1 year ago

"alibaba" Discussed on Reformed Millennials - Growth Investing Canada

"And it's like the eighth or ninth biggest technology company there. It was growing like mad. It stolen twenty percent of the commerce. Business from alibaba. This is exactly it because of this. Company joker j. o. k..

alibaba
Journalist Natalie Winters on Big Tech's Attempt to Silence Trump Supporters

America First with Sebastian Gorka Podcast

01:39 min | 1 year ago

Journalist Natalie Winters on Big Tech's Attempt to Silence Trump Supporters

"Think that when it comes to big business the framing of it. It's not a uniquely chinese communist party issue. i think it's it's the issue that one. These firms started outsourcing their labor their manufacturing capabilities. I think their allegiance followed. And you know a lot of these these big corporations. They want the open borders. They want the cheap labor. But i've always said that you know. These open borders work both ways in the sense that they want cheap labor and and they want to send jobs out. They want to send our manufacturing capabilities outwards. And and i think it's you know you don't even have to kind of speculator or make guesses as to where their their allegiances and ideologies lie. Charlie munger who is big guy in finance but guy business He said quote china to the right thing and response to how the chinese government treated. Jack ma blue. Jack ma is is. No hero is still a member of the chinese communist party but as someone who who the chinese government kind of tried to just person and do away with because he wanted to maybe get a little creative In terms of innovation and the anchor rubai which is an offshoot of of alibaba but he sat in an interview. China was right how they handled him. And i think that just shows you and that speaks to what i was talking about in the beginning. Which is this idea of elite merger as opposed to just elite capture. In the sense that you know. I think frankly and you're talking about big business. I think it's hard to not talk about big tech. You know what. The chinese communist party did to jack. Aw i think is really what big tech in big business wants to do to trump supporters

Jack Ma Chinese Communist Party Chinese Government Charlie Munger Alibaba China Jack
China Tech Soars & Wall Streets New Biggest Bull

CNBC's Fast Money

00:25 sec | 1 year ago

China Tech Soars & Wall Streets New Biggest Bull

"We start off with a massive rebound in chinese tech the k. Web china internet. Etf soaring more than eleven percent today posting. Its best day on record. It is now up more than fourteen percent already this week. Look at the game today. Names like pin door door. Jd dot com even long lagging alibaba posting strong gains but our worries about china's regulatory. Crackdown really behind us. Or is this just a giant head. Fake for the

China Alibaba
How Should Conservatives Break Up Big Tech?

America First with Sebastian Gorka Podcast

02:04 min | 1 year ago

How Should Conservatives Break Up Big Tech?

"Alibaba kerry. The book is hash tag deleted. It's about how they tried to delete how they tried to stop the trump mega movement. And we only have a few minutes left as conservatives. What is the solution to all of this. Some say go in like ma belle. Break up the The the the the the cartel quasar monopoly these organizations have denude them of that. What is it to thirty immunities. That were they would provide in the nineteen ninety s. What if we had a magic wand what would be viansa to seeing the first amendment alive and well on social media as well as everywhere else though clowns. Thomas has a very good opinion on that but everyone should read nation back in april for the night bus. The is biden buses nights. Best amendment you pay and essentially the food so you can have public accomodation laws or you can have common carrier laws. We can have a simple anti discrimination law. any one of those will work and texas is Once the once the house democrats come back them. You know. stop author being crybabies Texas willpower the law that will essentially apply Common detector and then i think is the way to go home and carry it probably dates and the all antidiscrimination the laws carrier option. If you're coming carrier then you have to provide service on an non-discriminatory basis Weasel nondiscriminatory basis to everyone. Who wanted him there. You can still nice service but the reasons which you can deny. Service are very limited and restricted by statute. It's not the wide expansive ban. Anyone any sorts like access to telephones. The social media must be as unrestricted as as having a hotline in your house precisely and yukon band. Meeting telephone

Alibaba Kerry Ma Belle Biden Thomas Texas House
China Steps up Direct Involvement in Internet-Content Firms

Marketplace Morning Report with David Brancaccio

01:14 min | 1 year ago

China Steps up Direct Involvement in Internet-Content Firms

"To china. The key index in shanghai fell two point one percent today. Shares in china based internet companies fell after china's market regulator moved to further tighten control over its technology sector with alibaba cent and jd dot com closing the day in hong kong between four and five percent lower. Marketplace's china correspondent. Jennifer pack is in shanghai. The draft rules would ban internet firms from things like exploiting user data by learning how customers behave or influence them to not choose a competitor's products or services it would also ban widespread marketing practices online like fake reviews or giving customers coupons in cash incentives. If they give positive reviews tech giants are also not allowed to limit traffic to other platforms. Like right now if you send an alibaba linked to a friend on we chat. The link doesn't open within we chat. These are tactics which have irked or angered users for while the draft rules are open to public feedback for the next month. It's part of an ongoing move by the chinese authorities to limit behavior by internet giants that the communist party considers damaging to social stability and national security already tech giants like alibaba and tencent have been heavily fined for anti-monopoly

China Alibaba Jennifer Pack Shanghai Hong Kong Tencent
"alibaba" Discussed on Daily Tech News Show

Daily Tech News Show

02:23 min | 1 year ago

"alibaba" Discussed on Daily Tech News Show

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"alibaba" Discussed on Daily Tech News Show

Daily Tech News Show

05:19 min | 1 year ago

"alibaba" Discussed on Daily Tech News Show

"Cloud has also providing three the athlete tracking using standard video and computer vision algorithms to track twenty points in three d. That's where these visualizations uc bearing events are coming from. So that's what that's all about. The point being cloud video is coming into its own in these games specifically these olympic games and centralized by the in hosted by alibaba. Which as we mentioned on tuesday here on the show is one of the chinese companies with decent enough global revenue to balance the effect of china's domestic crackdown on tech companies. So are they more immune than others. They like bite dance and maybe a couple of examples where they're a little less. I don't know held down by their own domestic policies. I mean yeah. They're not not entirely dependent on the mainland maybe that's a really good question. I think this is fascinating. And i think it's fascinating. The alibaba is out there planting articles in tech. I saw him in other places as well to say. Hey we're doing this because they are. They are providing the cloud system for olympic broadcasting granted. Nbc's doing a lot of stuff themselves because they're comcast owned and so they're able to say you know we'll just take the feed directly from o. b. s. and will stream it out. They may not be using alibaba cloud. I couldn't find confirmation about that but enough are in fact. Broadcasters even using it to transmit their own four k. video that this implies that alibaba cloud is reliable enough to provide service worldwide. And i think a lot of broadcasters that aren't even official olympic broadcasters are using this to get the clips right to get the highlights to put on the news etcetera. So i think this is really fascinating because it doesn't imply that alibaba might be too big for china to affect as badly as they are some of the more domestic companies at least forum companies. I do like There's something about consistency that i like about this As reading through the article and.

alibaba olympic games china comcast Nbc olympic
"alibaba" Discussed on Daily Tech News Show

Daily Tech News Show

06:18 min | 1 year ago

"alibaba" Discussed on Daily Tech News Show

"To this alibaba story. Alibaba cloud posted a branded article on tech in asia detailing their partnership with the olympics for digital content. Been watching a bunch of that online. Probably getting out of there and while it's all from alibaba's perspective. The fact is alibaba. Cloud is the main partner for olympic broadcast this year and maybe moving forward the olympic broadcasting service or ob s. All right another. Know that sounds familiar. Don't get confused provides broadcasters from around the world with the official video of the competitions. That's why the shots of actual events look identical no matter where in the world. You're viewing them if anyone you noticed that alibaba cloud is obese partner Using a service called kant plus to give broadcasters the ability to grab highlights interviews and post produce content for us from reporting on the games alibaba live cloud is used for her by four. Broadcasters admit in four k. video as well alibaba content plus makes livestream in short form ready to air content available. Alibaba cloud has also providing three the athlete tracking using standard video and computer vision algorithms to track twenty points in three d. That's where these visualizations uc bearing events are coming from. So that's what that's all about. The point being cloud video is coming into its own in these games specifically these olympic games and centralized by the in hosted by alibaba witch. As we mentioned on tuesday here on the show is one of the chinese companies with decent enough global revenue to balance the effect of china's domestic. Crackdown on tech companies. So are they more immune than others. They like bite dance and maybe a couple of examples where they're a little less. I don't know held down by their own domestic policies. I mean yeah. They're not not entirely dependent on the mainland maybe that's a really good question. I think this is fascinating. And i think it's fascinating. The alibaba is out there planting articles in tech. I saw him in other places as well to say. Hey we're doing this because they are. They are providing the cloud system for olympic broadcasting granted. Nbc's doing a lot of stuff themselves because they're comcast owned and so they're able to say you know we'll just take the feed directly from o. b. s. and will stream it out. They may not be using alibaba cloud. I couldn't find confirmation about that but enough are in fact. Broadcasters even using it to transmit their own four k. video that this implies that alibaba cloud is reliable enough to provide service worldwide. And i think a lot of broadcasters that aren't even official olympic broadcasters are using this to get the clips right to get the highlights to put on the news etcetera. So i think this is really fascinating because it doesn't imply that alibaba might be too big for china to affect as badly as they are some of the more domestic companies at least forum companies. I do like There's something about consistency that i like about this As reading through the article and.

alibaba olympics olympic asia olympic games china comcast Nbc
"alibaba" Discussed on Daily Tech News Show

Daily Tech News Show

06:18 min | 1 year ago

"alibaba" Discussed on Daily Tech News Show

"Let's get to this alibaba story. Alibaba cloud posted a branded article on tech in asia detailing their partnership with the olympics for digital content. Been watching a bunch of that online. Probably getting out of there and while it's all from alibaba's perspective. The fact is alibaba. Cloud is the main partner for olympic broadcast this year and maybe moving forward the olympic broadcasting service or ob s. All right another. Know that sounds familiar. Don't get confused provides broadcasters from around the world with the official video of the competitions. That's why the shots of actual events look identical no matter where in the world. You're viewing them if anyone you noticed that alibaba cloud is obese partner Using a service called kant plus to give broadcasters the ability to grab highlights interviews and post produce content for us from reporting on the games alibaba live cloud is used for her by four. Broadcasters admit in four k. video as well alibaba content plus makes livestream in short form ready to air content available. Alibaba cloud has also providing three the athlete tracking using standard video and computer vision algorithms to track twenty points in three d. That's where these visualizations uc bearing events are coming from. So that's what that's all about. The point being cloud video is coming into its own in these games specifically these olympic games and centralized by the in hosted by alibaba witch. As we mentioned on tuesday here on the show is one of the chinese companies with decent enough global revenue to balance the effect of china's domestic. Crackdown on tech companies. So are they more immune than others. They like bite dance and maybe a couple of examples where they're a little less. I don't know held down by their own domestic policies. I mean yeah. They're not not entirely dependent on the mainland maybe that's a really good question. I think this is fascinating. And i think it's fascinating. The alibaba is out there planting articles in tech. I saw him in other places as well to say. Hey we're doing this because they are. They are providing the cloud system for olympic broadcasting granted. Nbc's doing a lot of stuff themselves because they're comcast owned and so they're able to say you know we'll just take the feed directly from o. b. s. and will stream it out. They may not be using alibaba cloud. I couldn't find confirmation about that but enough are in fact. Broadcasters even using it to transmit their own four k. video that this implies that alibaba cloud is reliable enough to provide service worldwide. And i think a lot of broadcasters that aren't even official olympic broadcasters are using this to get the clips right to get the highlights to put on the news etcetera. So i think this is really fascinating because it doesn't imply that alibaba might be too big for china to affect as badly as they are some of the more domestic companies at least forum companies. I do like There's something about consistency that i like about this As reading through the article and my big takeaway was the reason. Everybody's getting the same clips is because they're pulling from the same source right and just my brain goes into kind of production mode and i think to myself well if it were me i would love this because that means i get to pick and choose from stuff that is you know on the ground there at the event getting the shots i want and i'm not going to be using something that somebody else doesn't either have access to or they don't have access to something better than i do. There is something nice about that. Standardization there downsides to that but That's one point of contact with really interesting here. But also just the fact that cloud in general. I don't mean to make the sound like you know. Synergistic freaking computer word terminology but the cloud is finally coming into this place where we were kind of promised it would go. And even in places we didn't think about before and what it actually means and what the real world applications are. This is a really interesting one given that you know so. All sorts sort of glued to the olympics. Right now. so it's a it's a really. It's fun to see it get to this point. Yeah and to that. It's it's not. All i want to say is it's not just. Aws and google and microsoft azure. Go ahead point. Well the what. I was going to say is. It's sort of like okay. Sure alibaba a cloud seems to be doing pretty bang-up job of this are the is there going to be backlash against the company for this or that that would affect something like this for years from now at the next olympics. Maybe her to say would that be amazon. Cloud giving us all olympic highlights You know in four-game video that are easily digested on on variety of platforms. It's it's alibaba for now and it is You mentioned nbc. Tom and i always think of like nbc or nbc. A variety of on-demand nbc. owned initiatives. But i might be able to watch the olympics on. I have some options now but i. It's interesting to know a little bit more about the back end. That's actually providing. Everybody with us. And i wonder if the picks alibaba cloud because it's not us based because they're dealing with clients worldwide and there is a tendency to think like Those us companies they. They're they're they tend to overreach. Maybe they're too big Where alibaba cloud has the well. It's china will my data be safe. But here you're not storing data with. You're getting data from them. So yeah and i'm sure even. Nbc is using it to pull clips toll highlights because that content plus thing you mentioned scott provides clips in real time. So if you need to pull highlights as they're happening if you've got the license for content plus you can do that so it doesn't pretty impressive. i think it's interesting that you know where What five days away from the end of the olympics week and a half in and now is when ellie. Bob starts pushing these articles out. They wanted to make sure it worked that they didn't down and it's it sounds like did people just the idea of real time anything like it's like getty images but get them while they're being taken. You know something really powerful about that. Well here's a real powerful story. That's tearing up the internet today. Researchers at nyu started the nyu add observatory little more than a year ago to study the spread of political ads on.

alibaba olympics Nbc olympic china olympic games asia comcast microsoft amazon google Tom scott ellie us Bob nyu
"alibaba" Discussed on Daily Tech News Show

Daily Tech News Show

02:58 min | 1 year ago

"alibaba" Discussed on Daily Tech News Show

"To this alibaba story. Alibaba cloud posted a branded article on tech in asia detailing their partnership with the olympics for digital content. Been watching a bunch of that online. Probably getting out of there and while it's all from alibaba's perspective. The fact is alibaba. Cloud is the main partner for olympic broadcast this year and maybe moving forward the olympic broadcasting service or ob s. All right another. Know that sounds familiar. Don't get confused provides broadcasters from around the world with the official video of the competitions. That's why the shots of actual events look identical no matter where in the world. You're viewing them if anyone you noticed that alibaba cloud is obese partner Using a service called kant plus to give broadcasters the ability to grab highlights interviews and post produce content for us from reporting on the games alibaba live cloud is used for or by four broadcasters admit in four k. video as well alibaba content plus makes livestream in short form ready to air content available. Alibaba cloud has also providing three the athlete tracking using standard video and computer vision algorithms to track twenty points in three d. That's where these visualizations uc bearing events are coming from. So that's what that's all about. The point being cloud video is coming into its own in these games specifically these olympic games and centralized by the in hosted by alibaba witch. As we mentioned on tuesday here on the show is one of the chinese companies with decent enough global revenue to balance the effect of china's domestic. Crackdown on tech companies. So are they more immune than others. They like bite dance and maybe a couple of examples where they're a little less. I don't know held down by their own domestic policies. I mean yeah. They're not not entirely dependent on the mainland maybe that's a really good question. I think this is fascinating. And i think it's fascinating. The alibaba is out there planting articles in tech. I saw him in other places as well to say. Hey we're doing this because they are they. They are providing the cloud system for olympic broadcasting granted. Nbc's doing a lot of stuff themselves because they're comcast owned and so they're able to say you know we'll just take the feed directly from o. b. s. and will stream it out. They may not be using alibaba cloud. I couldn't find confirmation about that but enough are in fact. Broadcasters even using it to transmit their own four k. video that this implies that alibaba cloud is reliable enough to provide service worldwide. And i think a lot of broadcasters that aren't even official olympic broadcasters are using this to get the clips right to get the highlights to put on the news etcetera. So i think this is really fascinating because it doesn't imply that alibaba might be too big for china to affect as badly as they are some of the more domestic companies at least forum companies. I do like There's something about consistency that i like about this As reading through the article and.

alibaba olympics olympic asia olympic games china comcast Nbc
"alibaba" Discussed on Daily Tech News Show

Daily Tech News Show

02:50 min | 1 year ago

"alibaba" Discussed on Daily Tech News Show

"It will tell you the estimated improvement rate and the number of patents in the category. So you can do like just natural language stuff cryptocurrency and it'll show you their domains that apply to that. Well i think this stuff is so fascinating and Seemed like the kind of stuff you should expect out of somebody like mit. Here's here's my big big takeaway that two hundred and sixteen percent increase in what they're calling dynamic information exchange support systems integrated across multiple channels. What that sounds like to me is my doctor or my dentist should never have their software. Go down again. That's what that tells me or at least we're getting to a place where it's so much better that those kinds of systems where they got to reach out talk healthcare providers and other stuff and come habit all come back and pull up old data and have on mesh together and work and be easy for an average human being to pull up and and have it seems like that's where the biggest gains are being made and not me looking at the younger. So i'll take that that's fine find. Well speak for yourself. I actually found the idea of a central patent being. This was really eye opening for me because you hear all the time. Oh a company has been granted a patent or has applied for this patent. You think okay. Well they're going to corner. The market on all of this and many patents are only part of all sorts of other technology. That's been developed that also has its own patents but are related patent wise and there may have been patents in the past and then yours and then patents in the future and it's all part of a certain category that then you look at collectively and say oh there's some movement going on in this aspect of technology. Yeah i'm having fun just looking through this database and finding out like okay. What what are the things. That are improving. I put in phones and it gave me five domains and.

mit
"alibaba" Discussed on Daily Tech News Show

Daily Tech News Show

06:39 min | 1 year ago

"alibaba" Discussed on Daily Tech News Show

"What's apple doubt view once messages which automatically delete photos and videos after they are viewed and dismissed like snapchat senders will see a message as opened in chat once it has been viewed by the recipient. The information sources say that. What's up owner. Facebook is hiring. A researchers specializing in hama morphing encryption. In the hopes of building the ability to analyze the content of encrypted data without having to decrypt it such an approach could open the door to eventually targeting ads based on encrypted messages in a response to the report. Facebook told the information. It's too early for us. to consider. Home amorphous encryption. For what's up at this time. But if you'd like to know more about that kind of encryption check out the home murphy. Encryption episode of know a little more at no little more dot com all right. Let's talk about sony. Let's do it. So sony beat expectations but operating profit of two point six billion dollars and a nine percent increase in net income. The music segment saw profits almost double with strength in streaming and physical media sales operating income. From sony. pictures felt twenty million dollars to two hundred thirty two million dollars with the lack of adequate releases lowering home. Entertainment revenue and games split the difference with sales rising but profits falling hardware and peripherals sales rose but revenue from non. I party games fell and heard where largely sold at a loss. But the new. Ps five dominating sales however that number should turn around as the four hundred ninety nine dollar playstation five is no longer selling at a loss. That's according to sony. Cfo and three hundred ninety nine dollars. Five digital edition looks to have its losses offset not only by accessory sales but also the ps four so. He sold five hundred thousand. Ps four consoles last quarter. It's still selling well. So he also said that. There are one hundred four million monthly active users on the playstation network. And that's an they also spend an average of thirty seven and nine cents per quarter each turns out Yeah it's really good to hear the one thing that surprises me. The most about hearing the playstation five is out of the red First of all. It's not unusual. These consoles specially from them and microsoft typically are sold as loss leaders for awhile and they make up the those profits on the back end either with game sales or more increasingly subscription type content like playstation plus and xbox game pass on the like This is just sooner than i expected. Mostly because it it. It seems a little odd. When you compare it to the stories you guys have been talking about here on the show. A lot about how sony can't keep up with demand for this device and what that normally tells me is that yes. The pipeline is slowed. yes they're chip shortages. Yes there's all those reasons but a lot of that stuff goes up in price because the demand is higher. So you're gonna be paying more for those components. So i would have thought this would have taken longer for them to To pull themselves out of the red by comparison microsoft is still selling Series x models at a loss. I kind of thought they'd both be doing that for at least the first year of this thing so the fact that they've done that is pretty Pretty impressive yea. Wha what that tells me and this is just a guess. Is that the components that make up the ps five. The majority of them are getting cheaper. It's it's only a few of them that are slowing down production and maybe those are getting expensive but not expensive enough That that's what it's sort of obliged to me or That that one of the one of the problems with production isn't making the parts at shipping them and it's just it's just a slowdown in shipping lanes like we talked about Big jim on on saturday. is causing the supply shortage At because you can't get the parts to the factory fast enough. There's also whether whether people want to put a lot of stock in this or not. There was a lot of talk right before the price announcement of playstation five that they were scrambling in the wake of microsoft coming up early with pricing and going. That's about fifty to one hundred dollars less than we were planning so we got to decide what to do now. Those stories were true. That adds even more reason why. I thought this was going to take longer. Yeah but none of that was really sucked out. So who knows but the point is All of these companies want to get to a place where every time they sell a box. It's at a prophet and services in games. Just add to that prophet. There got there much quicker than usual. It's the fastest selling thing. You can't get if if you're out that there's so much stuff about that math like how it's leads the person out there whose like i can't even buy one. I want to buy one. But i can't. That's a good reminder. The you are a single data point and there are lots of people who did get them. Apparently pulled scientists analyze the us patent system in an attempt to determine which technology is improving the fastest. Which are improving the slowest. And which just have the most work being done on them but maybe not improving all that fast. They used an algorithm with machine learning and natural language processing on pat network data. And we're able to measure something called centrality now if you want to know how that all works. Read the paper but the central patents are essentially the hub of citations. So that means they referred to a lot of patents before themselves and are cited by a lot of patents that come after them and that centrality is used to make predictions about how fast categories is improving. The more centralized patents. You have i think. The faster it's improving they used a previously defined classification system to identify one thousand seven hundred fifty seven categories which in the paper. They call domains a domain of invention cryptocurrency. Or something like that. And that covered about ninety. Seven percent of patents. They found that the more work being done on a category does not necessarily lead to greater improvement. The fastest improving areas were mostly software based particularly internet and enterprise network management and overall. They estimate the technology in general is improving about nineteen percent per year mechanical skin treatment hair removal and wrinkles was one category and that had the lowest rate of improvement at one point nine percent a year. So if you're looking at your wrinkles wondering why he's still have them. That's why but dynamic information exchange and support systems integrating multiple channels..

sony Facebook hama microsoft murphy apple Big jim us
China Cracks Down on Big Tech

The Tech Guy

02:10 min | 1 year ago

China Cracks Down on Big Tech

"It was really interesting Here in the united states there's a lot of scrutiny over big tech the power that companies like google and facebook and amazon microsoft apple and twitter amassed You know i have a problem with it but You know you certainly. They certainly are powerful. He certainly are and You know maybe that's an issue the european union Thinks it's an issue so they're working on a lot a lot of different london for folks. what's interesting is of course the democracies it's a long drawn out process. Ftc investigates congress. Legislates there's a debate back and forth and nothing happens for a long time if ever that kind of thing. Meanwhile in china where the chinese communist party rules with an iron fist We don't have any of that debate discussion and they are cracking down on big tech and in some ways crack down a big tech in the ways that says some of our members of government would like to crackdown here. It's kind of interesting. It started Last year when The the company ant financial run by jack ma the founder of alibaba the amazon china cited do an initial public offering in the us in the us stock markets. China didn't like that. They cracked down the shutdown they Jack ma was a little Critical of the chinese regime saying you know they don't really allow us to be as capitalistic as we need to be the shut him down He disappeared for a while. reemerged But i don't think he's a china's richest man anymore and i don't think that and financial really is an you know they certainly didn't do their. Ipo now. They're cracking down on the uber of china. Dd actually cracking down on a lot of stuff. Ten cent why boko

Jack Ma Chinese Communist Party Amazon China European Union FTC United States Microsoft Apple Facebook Twitter Google Congress London Alibaba
Analyst: Didi's IPO Was a Disaster. Here's Why

BTV Simulcast

02:10 min | 1 year ago

Analyst: Didi's IPO Was a Disaster. Here's Why

"Calls the DD IPO a disaster with more on that and what China's crackdown means for more tech companies in his Edith Yeung of Race Capital is a China expert. And we're so glad to have you here because Once again dd feeling the pain share price. I mean, now, like 11 bucks well below where the IPO price was. And the question marks surrounding who knew? And when? Why was it such a disaster in your own minds? I Is such a disaster because there's a lot of rumors, speculation that maybe the founder and CEO both ignore about the request and the change and make sure that they need to comply with the data security and compliance before they go public. Regardless and there's a lot. This costs a lot of action lawsuit going on now, and there's a lot of hatred for the founders and also for the for the president, and it's just really unfortunate to see what's going on. Which in my mind, I think you know, companies send of really chilling effect for many, many Chinese companies that with the goal to get listed in In the U. S recently, including companies like Kid Keep, and Himalayas recently wanted to go IPO in the U. S. I heard that both call it off because of what's going on with the D. Link Doc as well, postponing its IPO. The ramifications there that is this to your mind's eye, Edith. What China wants. Does it want to prevent make it harder, more difficult for companies to go to the capital source that is the United States? I think you know what's really, really interesting to me is that in the past, a lot of people say data is the new oil data now really is the most important things in terms of infrastructure. I think China the most. Some of the most important Internet company of China, including Alibaba, Baidu, Tencent music are all listed in the U. S. Says over 248. Companies from China is listening to US. U. S stock market is really, really important to China and Chinese company. But having

Edith Yeung Race Capital China U. Himalayas Edith United States Alibaba Tencent Baidu
Things Youll Only Find In Australia

That's Incredible

02:39 min | 1 year ago

Things Youll Only Find In Australia

"In australia. We have stinging ants stinging spiders stinging snakes stinging jellyfish stinging octopuses stinging stingrays. Should he got that from the stinging shocks stinging crocodiles stinging stone fish. Did i miss anything. Oh yeah stinging trees. Even the plants want to mess with you in this country. They used to be saying in sydney with three hours ahead of the rest of the country. Albridge alibaba an hour bradman off full of themselves. Those sydney saw us but everyone has to admit that is one impressive bridge that crosses the paddle in the middle of town to tell you the story of the harbour bridge. We've got a very special storyteller. Women love him men. Wannabe him dogs fall over themselves wanting to drop sticks his fate wrote this. Yes it's the one the only andrew data and this is the story of the bridge. The cd habat bridge links. The north shore of sydney haba to the central business district on the southern shore in precolonial times the traditional custodians of the north shoal. The camera google people would often venture to the southern shore where shellfish supplies were more plentiful. It's not wrong to say that. The commute across sydney harbour has been going on for as long as the area has been inhabited the custodians at the southern shore. The gaggle people cruise the harbor on bach. Canoes cold navy. The canoes made from bach stripped off domino trees. After heavy ryan when the material was strong but also flexible the navy set solo in the water that the silence of the first fleet. Don't the canoeist with bobbing around in the harbor. With no votes told the first commercial haba crossing was offered by an ex-convict of jamaican heritage cold. Billy blue now billy. Blues ferry service consisted of a robot which he often made the passengers road themselves. While billy dressed in a top hat entertained with stories and witty banter formal steam powered ferry services started in eighteen sixty one and by nine thirty two more than fourteen million ferry trips. A year would taken on the hob. There was talk of building a bridge across the narrowest part of the way back in eighteen. Fifteen and that was from convict. Architect francis greenway. He proposed the idea in a letter to the newspaper. But it took a major public health crisis to get the city to start thinking about making some serious plans. That health crosses the bubonic plague

Sydney North Shoal Alibaba Southern Shore Canoes Cold Navy Australia Billy Blue Blues Ferry Service Sydney Harbour Andrew Billy Google Ryan Navy Francis Greenway Plague
"alibaba" Discussed on Squawk Pod

Squawk Pod

06:48 min | 1 year ago

"alibaba" Discussed on Squawk Pod

"The great work that they're doing so here's a hard question for you. I think it's hard question. I don't know how do you think about your role as a leader here. In the united states on issues around is your black lives matters voting rights all of that. And whether and how you can speak out about for example human rights abuses in china. Too hard one. I know you have to be specific. On what human rights abuse. You're talking about Because the china that i see The the large population. I'm talking about eighty ninety percent of the population of very very happy with the fact that their lives are improving every year. what. I started alibaba in one thousand nine hundred ninety nine. The gdp per capita was eight hundred dollars in china. Today is over ten thousand dollars. And if you talk to a parent in you know in china and you ask them. Are your children going to have a better life than you are most say absolutely yes They're gonna be educated. They're gonna find job. The economy is expanding right. So i i like you to be more specific on that. Well the minutes that you in this way. There are a lot of american business leaders today that are being pushed by their employees by consumers. To say look we're taking a stand here on voting rights for example in the united states. You're also doing business in china. You should be consistent right. Even marco rubio and others were actually criticizing american companies for what he was. Arguing was a hypocrisy And when you talk to a lot of american business leaders they say look. I can speak out here but i know that i'm not in a position to speak out there because if i speak out there it's not the my hand is gonna get slapped. It's that my business is going to be damaged by the government. Because i just not allowed to do it. I think american company. Ceo's understand this very well Which is different cultures have different values and mores and In china you have different set of values the also have a very different political system in that one single party dominates the governance of the country. Which you know whether you like it or not There some great benefits like china has managed to build a terrific infrastructure. Because there's no politicking around whether you should build a highway from point a to point b right so these are these are all the benefits and the bottom line is you have to look at the results. Are people happy when i look at china. The average citizen is very hopeful about the future Happy about where they are. And you know. I think that's really when you re you read the same headlines that do about some of the human rights issues now. I live in hong kong right. So everybody is worried I still think it's kind of funny that people call me up on these big zoom calls and say joe. Where are you and i say i'm in hong kong. They said oh are you. Okay right Well over the last year hong They impose the national security law hong kong one of the very few places that did not have a national security legislation in place. What does this for. Its against sedition against People that advocate splitting up hong kong as a separate country. These are things that are not allowed. You know why because hong kong used to be a colony a few hundred years ago China lost hong kong to the brits because of the opium war. The british. Sell opium in china and And as a result of some battles China have to give carve-up hong kong gave it up. This is a very scarring. Kind of history of china having foreign powers come in and carve up your territories so for so if you put yourself in the chinese people's mindset you know you're chinese citizen I look at this history. I want to make sure that we prevent foreign powers From carving up our territories. I think hong kong ought to be seen in that context You know. I think there's a lot of criticism of You know the democratic freedoms were freedoms of speech is being suppressed but overall since they instituted the national security law. Everything is now stabilize in two thousand and nineteen. When people were protesting on the streets. I was actually afraid to walk onto the street. You know why. Because i speak mandarin. And they were targeting every person that spoke mandarin because they would assume that you come from the mainland While i actually grew up in taiwan also you know they speak mandarin there. And so i actually felt physically threatened With with the these protesters. Right so i think now we have more stability. Hong kong's are going to be fine. You know why because it's free market economy when you invest in hong kong free flow of capital. You put money into the hong kong stock exchange today in In hong kong dollars. Tomorrow you can take it out in. Us dollars there's a free flow of capital it's also it also has the most benign tax system there is for capital formation. The income tax rate is only fifteen percent and then there's no capital gains rate no taxes on capital gains dividends. And so if you want to invest in hong kong grief for capital formation. More about that in a second. But i knew that becky's got a question back in the studio becky joe. I just wonder how. Jack ma you've been working with them for over twenty years and after seeing him on the global stage for for such a long time. We haven't seen him in a long time. What what how's he doing. And what's happening with the rest of rectifications of his business so I think you have to separate What's happening jack. And what's happening to our business. I think our business is You know under some kind of restructuring in the on the financial side of things and also in antitrust regulators regulation We had to pay a big fine. But we've gotten that behind us. So we're looking forward in jackson case he's fine. He's lying low right now. I talked to him every day. I actually message jim. We have our own messaging platform. He's actually doing very very well. He's up painting as a hobby It's actually pretty good..

eight hundred dollars china hong kong fifteen percent marco rubio Tomorrow Today taiwan alibaba jim last year mandarin becky joe jackson over ten thousand dollars over twenty years Ceo Jack one single party China
Elagabalus: The Roman Emperor Who Wasn't Truly Roman?

A.D. History Podcast

02:26 min | 1 year ago

Elagabalus: The Roman Emperor Who Wasn't Truly Roman?

"By two hundred twenty one. Ad room was under the rule of one of its strangest emperors and his short ruled run until two hundred and twenty two eighty. When surprise surprise he would be assassinated. The rule of emperor elegant gablers is interesting to look into however as it shows us. Just how much rome was starting to sink from the days of the pax romana so you want to share a bit of ground rules and of the origins of elegant. 'cause it's kind of important today. This fame and alibaba is believed to be born circa two hundred and free. Ad so you can already gob as quite young. By this time he was born the name of various of its yes us and he was a native over rome. of course native. Improves want a new thing by now he was born in. Msa in syria and this is the modern city of homes. Which is the still in syria to this day. And he came from a family of high priest to didn't worship the funeral roman gods greek goats but they worshiped aluko sunguard who was known as ball. But this doku go. But this god was awesome locally as eligible and from his name allegations bolus and his name abou shriek on the way he got that title from and despite being so far removed from he had connections to the city and to the upper crust over roman society. Something i'm curious about. How much do you know about this religion. That he was a part of not really much came up on the subject. I imagine we probably already know of it from others. Writings not much up about it. Just it was different. Is seems that sent it around this one god as opposed to a pattern of goats. I roam did okay. I was curious about that. There was any additional information to kind of get an idea to see more where this guy was coming from the but they but they are monotheistic. I think they might have been to an extent. Yes well and these guys worship. Just the one god. The mob moguls into wider religion. Alibaba's came from this one from a family that worship just deliver who sunguard eligible as i said that he did have connections to the roman empire and most noticeably decant mp at the time and pra caracalla was his cousin. An in two hundred and seventeen eighty caracalla was of course

Rome Aluko Sunguard Syria Alibaba Bolus Abou Roman Society Pra Caracalla
"alibaba" Discussed on Daily Tech News Show

Daily Tech News Show

08:00 min | 1 year ago

"alibaba" Discussed on Daily Tech News Show

"Stronger by turning data into insights so you can build teams that work as teams by using our ai technology to help catch payroll errors before their errors and by keeping a head of thousands of changing regulations. So you can keep ahead of everything else. Adp businesses like yours. Grow stronger everyday. Adp hr talent time and payroll her regular. Pc's technology express only for mass important electric bills. So don't be dang campbell's in departamento the hostess and was you know but that's your next to support but a copy ramon puertas as the microsoft exchange. It means the bruce contact allies probably this risk whereas journalists is does the komo have new protein post apathy solar and more paranoid pacelli me. There's exchange by my participation in madison university that does as equality canea on took me on israeli. He's those extremes. Use glucose say so public lean mean get grew laroque annoy tell that does not infamous publicly spawning. Blake for any that this will be when expertise who this is news. Talk persona book and the house consultant public radio issue. Talking knockout hookah in china. Lamb used shenice upheld general medical emmett. Yomata these are tremendously interesting to me. On this all those miniatures into municipal is in contrast to leave our boarding fracture nissim s daughters. Kelly companion bedfellows commodity and this does not platform as the muslim world. Alibaba in paktika. He presented reporters Mental enormous gathered resigned news. You take an who's agenda fabric controllers immortals harmony Were continuing on ivorians. Don members is positive. Competitiveness cloak impact. Today's that this is lawyers extent. This the montoneros taught me in. Is the ceo subtle in this facebook implementers. Janowski accused us a religion. They continue and facebook as luck. While is that at this point. In proximus amandus microsoft surface laptop quad this monitoring to go excusable janice amazon ascetics gender processor intel decimo pretty young area rising quarter. Midday microsoft mckinney. On this pandemic forever prosciutto. Al anymore until me melissa is younger. Puertas press the industrial maintain wherewithal portal tripled syncopal gas compressor. I mean they know with this. Parliament's union bill more than co a million dollars you meals. At the cintos container away intel commandos supporter their interactivity cells western collect campuses. Priscilla adult say after eight years a single practice several components into the hula component. So on the on ingredient has this are the most level lukoil's eighty olympic. That is positive was as forever contrast and yes komo great. Can uncle peter. Markets data saragan sickness in the spare. Who lyles retrace like well. I always say appealable communist tomorrow. Integrators windows folk expose. You're not like adama's on yonder info cooler in this election are and forget to matico conan melissa villase or it's this landless cameras can on the they in millimeters lintas del technology that participation diligent prosciutto. Mvm where the in the same row permanent komo's ceo in theory. No you might call president hunter. Ibm were their plan now. Satellite analysis see on us renova meter indoor meals at the municipal is the oldest as please. There's using admitted island mussina me and to the extent going to dallas yeager supportive anti militant to pay for escort. This in twitter hates local. Sola are they must meet their quota of qualities. Putin is in television quandary end sola in this spain on facebook against all odds are that'd with them in their two scoops. This astles application isn't at the end of the calls. Siempre cuando friskin on video. The got a preto in australia. Who's who's thomas totally becoming knock willing and you're truly a cigarette collect tendencies that because john dispositivo sundry episode accuses your selection dunkin lan based janice spiro dnc immune to the activity this year as gasoline commission australian competition because in the history victim knowing atolls was the saudi was gone so wrong in thinking ariel enormous him at least at the visit tablet or the apple music apple spy appropriate that is always in trouble porterbrook production in comparison quarter as spotify in december they chris carson tabas porta production apple at amazon was your quintela into is optum needles per subscription on this by the rectum discography by via the premium and take those thursday coletta eager to settle emails prototypes in co owner. Cento prosciutto dollars. Google africa's is gonna do not prevent on the permit tells us elective active devel- contra likes supposed capitalism uses feats see communist. Talcott likes post individuals face. Similar proxima simenon's nepalese who are permitted up barrel. Absolute the point is a proponent of seattle scam calls inter minority interception day quadra does maintain its doesn't obsess optimism Quarter muniz in his spina. Karema psychotic what into quattro therapy and on society is scuttled whereas interest or seeing. it does. Yeah that's by silas and timothy specifics. The equitable connell informative financieras. Persky is zero bill on my financiero and internal android million. And this is molly starting on bay. One italia it covers can this enormous confirming meta position. Our winter and oil has not just technology. The daily news show punta com meaning contreras notice illegal so has not as the quality these express la hormone on this podcast. The potatoes in brazil. Pc's techniques place daily tech headlines eds also. Findus did this yesterday and brought him a program. Whatever business you're in growth isn't just about getting bigger at adp. We believe it's about getting stronger by turning data into insights so you can build teams that work as teams by using our ai technology to help catch payroll hours before their errors and by keeping ahead of thousands of changing regulations. So you can keep ahead of everything else. Adp helps businesses like yours growth stronger every day. Adp hr talent time and payroll..

australia amazon Putin brazil december china facebook yesterday Janowski Alibaba Kelly madison university Today spotify Blake twitter john dispositivo lukoil chris carson janice
"alibaba" Discussed on Daily Tech News Show

Daily Tech News Show

08:00 min | 1 year ago

"alibaba" Discussed on Daily Tech News Show

"Stronger by turning data into insights so you can build teams that work as teams by using our ai technology to help catch payroll errors before their errors and by keeping a head of thousands of changing regulations. So you can keep ahead of everything else. Adp businesses like yours stronger everyday. Adp hr talent time and payroll her regular pc's technologically express only for mass important electric bills. So don't be dang campbell's in departamento the hostess and was you not but that's your next to support but a copy ramon puertas as the microsoft exchange. It means the bruce contact allies probably thirty years. Sober journalists is does groups komo have new protein. You post apathy solar and more paranoid. Pacelli me there's exchange of lonzo participation in mirasol us that those as equality canea on took me on. He's does extremes. Use glucose say so public lean mean get grew kosic. Laroque annoy me. That does not infamous publicly spawning. Blake for any that this will be when expertise who this news talk persona book and the house consultant public radio issue. Talking knockout hookah in china. Lamb used shenice upheld general medical emmett. Yomata these are tremendously interesting to me. On this all those miniatures into municipal is in contrast to leave our boarding fracture nissim s daughters. Kelly companion bedfellows commodity and this does not platform as the muslim world. Alibaba in paktika. He presented reporters Mental enormous gathered resigned news. You pick an who's agenda probably controllers amato's harmony Were continuing on ivorians. Don is positive. Competitiveness campania cloak impact. Today's this is lawyers extent. This plan montoneros taught me in. Is the ceo subtle clean. This facebook implementers janowski accused us a religion. They continue and facebook as luck. While is that at this point. In proximus amandus microsoft surface laptop quad this monitoring to go back as janice amazon ascetics gender processor intel decimo pretty young area rising quarter. Midday microsoft mckinney. On this geraldo prosciutto. Al until until me. Melissa is younger. Puertas press the industrial maintain wherewithal arrest triple tripled syncopal gas compressor. I mean they know with this parliament's union bill more than co a million dollars. You meals at the cintos container away. Intel commandos supporter their interactivity cells western collect campuses. Priscilla adult say after eight years a single daniels practice several component into the hula component. So on the on ingredient has this are the most level lukoil's eighty olympic. That is positive was as forever contrast and yes komo great can uncle peter. Markets data saragan sickness in the spare. Who lyles retrace like well. I always say appealable communist caputo matter integrators personal code-named expose you're not like adama's yonder info cooler in this election are and forget to matico conan. Melissa villase it's this landless cameras can on the they in millimeters anti-us del technology that participation diligent prosciutto. Mvm were in the in the same row. Permanent komo's ceo in theory. No you might call president hunter. Ibm were their plan now. Satellite analysis on estimators anthony renova meter indoor meals at the municipal. Is the oldest police. Please there's using admitted island mussina me and to the extent going dallas yeager supportive anti militant to pay for escort. This in twitter hates local. Sola are they must meet their quota of qualities. Putin is in television quandary end sola in this spain on facebook against all odds are that'd be with them in their scoops. This astles application isn't at the end of the calls siempre cuando. So friskin on video. The they got a preto in australia. Who's who's thomas totally becoming knock willing. And you're truly a cigarette collect. Tendencies that because john dispositivo sundry episode accuses your selection dunkin ilab soon this story because janice permit the nfc immune to the activity this year corwin on gasoline another competition because in the history victim knowing atolls was the saudi was gone so wrong in thinking ariel enormous him at least at the visit tablet or the apple music apple spy appropriate that is always in trouble porterbrook production in comparison quarter as spotify in december they chris carson tabas porta production apple at amazon was your quintela into is optum needles per subscription on this by the rectum discography spotify premium and take those thursday coletta eager to settle emails. Prototypes co owner. Cento prosciutto dollars. Google africa's is gonna do not prevent on the permit tells us this active zone likes supposed. Capitalism uses feats see communist. Talcott is post individuals face similar proxima simenon's nepalese. Who are permitted up barrel. Absolute the point is a proponent of seattle scam calls inter minority interception day quadra painting it's doesn't obsess optimism Quarter muniz in his spina. Karema psychotic what into quattro therapy and on the news program was scuttle whereas interest or seeing it does. Yeah that's by saleh's timothy specifics. The equitable connell informative financieras. Kaspersky is zero bill on my financiero and internal android and this is molly starting on bay. One italia it covers can this enormous confirming meta position. Our winter and oil has not just technology. The daily news show punta com meaning contreras notice illegal so has not as the quality these express la hormone on this podcast. The potatoes in brazil. Pc's techniques place daily tech headlines immediateness also. Findus did this yesterday and brought him a program. Whatever business you're in growth isn't just about getting bigger at adp. We believe it's about getting stronger by turning data into insights so you can build teams that work as teams by using our ai technology to help catch payroll hours before their errors and by keeping ahead of thousands of changing regulations. So you can keep ahead of everything else. Adp helps businesses like yours growth stronger every day. Adp hr talent time and payroll..

australia Melissa china brazil Putin spotify amazon Kelly facebook Alibaba android yesterday december john dispositivo twitter lukoil Kaspersky chris carson janowski thirty years
"alibaba" Discussed on Daily Tech News Show

Daily Tech News Show

05:06 min | 1 year ago

"alibaba" Discussed on Daily Tech News Show

"These are the daily tech headlines for monday april twelfth. Two thousand twenty one. I'm streff lena. China's state administration for market regulation issued. A two point. Eight billion dollar fine against alibaba for antitrust violations finding the company prevented merchants from selling goods another shopping. Platforms outside of the fine alibaba. Stop the practice and submit compliance reports. Every three years microsoft's intends to acquire the cloud in ai software and services company nuance for nineteen point. Seven billion dollars at second largest acquisition expected to close by the end of two thousand twenty one to companies formed a strategic partnership in two thousand nineteen deliver ambient clinical intelligence technologies and have worked to integrate nuances dragon. Medical platform into azure services. Google and apple block an update to the nhc s covid nineteen contact tracing app which would have prompted users to upload lungs of venue chickens if they tested positive for the virus. The terms of google and apple's exposure notification. Api used by the nhl app states. That apps must not sure. Location data from the user's device with the public health authority apple or google bloomberg's mark gurman sources. Say apple is in the early stages of developing an apple tv setup box with integrated homepod speaker and a camera company is also in the early stages of developing a high end speaker with a touchscreen and camera. Although it's unclear if apple will ship either product unday said friday. It will suspend production for two days starting on monday as a son plant in south korea. Because of chip shortage that includes supply conditions for semiconductor parts for powertrain control units mirroring similar shutdowns at its ulsan plant from april seventh through the fourteenth. The assad factory makes three hundred thousand vehicles each year including sonata and grandeur sedans a white house. Budget proposal calls on congress to approve one hundred fifty million dollars to fund to new manufacturing programs. One of which would target semiconductor manufacturing in the us president biden's previously proposed infrastructure. Package also includes over fifty billion dollars in investments into domestic semiconductor production. My pillow ceo. Mike lindell said his social media site. Frank will launch on april twentieth. Lindela plans to launch. The site march described as a combination of twitter and youtube. Tops will launch its first. Nfc based baseball card collection 2021 top series one baseball and t on april twentieth the mlb approved cards will include themed animated backdrops and three team cubes and use the wax blockchain bloomberg sources. Say the chinese ride hailing giant didi chuxing confidentially filed with the sec for an ipo. The ipo could reportedly value the company between seventy and one hundred billion dollars until subsidiary mobile. I plans to launch a full-scale fully driverless delivery service by two thousand twenty three run partnership with the self driving delivery startup. you delve the service will use a new cabinet vehicle called the transporter with mobile. I and you dove planning to produce thirty five. Thousand transporters between twenty twenty three and twenty twenty eight horizon working with the consumer product safety commission will recall two point five million hotspot devices after an investigation found the devices. Lithium ion batteries could overheat and post fire burn hazards the models and questions which differ depending on consumer prepaid or postpaid plans. The ellipses jetpack mobile hotspot models. Nhs nine hundred. L. m. h. s. nine hundred ls and mhs nine hundred lp imported by franklin wireless and sold between april two thousand seventeen and march of this year logitech announced it will no longer manufacture harmony remotes. Although support and software updates will continue including adding new support devices. The company said it doesn't see the move impacting current customers and plans to keep service running as long as customers are using it. The search provider duck duck go will block. Google's proposed third party. Cookie alternative federated learning of cohorts or flock in its search engine and chrome extension duck go expressed concern that google is automatically opting chrome users in detracting with flock sequel database containing one point three million scraped clubhouse user records was made publicly available online with clubhouse saying this was not the result of a breach but rather publicly available data pulled from its. Api a security researcher for cyber news found that anyone with a clubhouse token can query the entire body of public clubhouse user profile information and it seems that token does not expire google and support for the google shopping apps on android and ios with google advising users to switch to the web app. The mobile clients will continue to work through june and finally. Xda developers found a new heads up feature in the code for the beta version of android digital wellbeing service which shows notifications like stay alert and look up when using device while walking to feature hasn't been rolled out to users but developers found the feature is nearly fully functional..

Mike lindell alibaba april seventh Seven billion dollars Google april twentieth apple south korea youtube monday april twelfth logitech twitter one hundred fifty million doll google Eight billion dollar congress june friday three million microsoft
Alibaba Hit With $2.8 Billion Antitrust Fine  DTH

Daily Tech Headlines

00:16 sec | 1 year ago

Alibaba Hit With $2.8 Billion Antitrust Fine DTH

"China's state administration for market regulation issued. A two point. Eight billion dollar fine against alibaba for antitrust violations finding the company prevented merchants from selling goods another shopping. Platforms outside of the fine alibaba. Stop the practice and submit compliance reports. Every three years

Alibaba China
Alibaba Faces $2.8 Billion Fine From Chinese Regulators

Snap Judgment

00:39 sec | 1 year ago

Alibaba Faces $2.8 Billion Fine From Chinese Regulators

"Tech giant Alibaba's being fined $2.8 billion for what Beijing calls monopolistic behavior, NPR's Emily Fang says the fine comes is Chinese leaders reportedly are investigating how the company and its charismatic founder Became so powerful Alibaba's troubles really began after its founder, Jack Ma, I'll give a speech criticizing Chinese financial regulators from Muslim on Turner's like him. The I. P O of a second company of financial technology firm called Aunt Group was then abruptly canceled, and his executives called into meetings with regulators. Ma has now not been seen in the public eye since last October.

Alibaba Emily Fang Jack Ma NPR Beijing Aunt Group Turner MA
Alibaba Faces $2.8 Billion Fine From Chinese Regulators

NEWS 88.7 Programming

00:15 sec | 1 year ago

Alibaba Faces $2.8 Billion Fine From Chinese Regulators

"Alibaba has been slapped with a nearly $3 billion fine for anticompetitive behavior. Chinese regulators say the company violated anti monopoly rules and abused its dominant market position. Windsor Johnston. NPR

Alibaba Windsor Johnston NPR
Alibaba Hit With Record $2.8 Billion Antitrust Fine

Bloomberg Businessweek

00:17 sec | 1 year ago

Alibaba Hit With Record $2.8 Billion Antitrust Fine

"Defect. China's lap to record $2.8 Billion fine on Alibaba Group holding and this is after an anti monopoly probe found Alibaba abused its market dominance. Beijing remains intent on reining in its Internet and fin tech giants. It's said to be scrutinizing other parts of billionaire founder Jack Moss

Alibaba China Beijing Jack Moss
Alibaba Faces $2.8 Billion Fine From Chinese Regulators

Weekend Edition Saturday

00:39 sec | 1 year ago

Alibaba Faces $2.8 Billion Fine From Chinese Regulators

"Tech giant Alibaba has been slapped with a nearly $3 billion fine. Chinese regulators say the company has engaged in anticompetitive behavior. NPR's Emily Fang reports. The fine comes as Chinese leaders are reportedly investigating how Alibaba and its founder became so powerful Alibaba's troubles really began after its founder, Jack Ma, give a speech criticizing Chinese financial regulators from Muslim entrepreneurs like him. Hypo of a second company financial technology firm called Aunt Group was then abruptly canceled, and his executives called into meetings with regulators. Ma has now not been seen in the public eye since last October.

Alibaba Emily Fang Jack Ma NPR Aunt Group Hypo MA
China slaps Alibaba with $2.8 billion fine in anti-monopoly probe

Bloomberg Wall Street Week

00:18 sec | 1 year ago

China slaps Alibaba with $2.8 billion fine in anti-monopoly probe

"Slapped a record $2.8 billion fine on Alibaba Group holding and this is after an anti monopoly probe found Alibaba abused its market dominance. Beijing remains intent on reining in its Internet and Fintech giants. It's said to be scrutinizing other parts of billionaire founder Jack Moss empire.

Alibaba Beijing Jack Moss
"alibaba" Discussed on Marketing Today with Alan Hart

Marketing Today with Alan Hart

08:21 min | 1 year ago

"alibaba" Discussed on Marketing Today with Alan Hart

"Experience. And its function at alibaba. Dot com alibaba. Com is one of the world's largest b to b e commerce marketplaces and a business unit of the larger alibaba group. On the show. Today we talk about the twenty three almost twenty four trillion dollar global b two b e commerce market which is six times larger than the global beat ac- e commerce market. We also talk about. How alibaba is transitioning from a chinese brand to a global brand and localizing their brand around the world talking about the pandemic and the effects on us small businesses and b. to b. companies as well as how alibaba dot comments transitioning with their virtual trade shows. So i hope you enjoy this conversation with erica. chunk. Erica will to the show. Hi nice to be here. Thank you for having me. We're living through this pandemic. Were all probably working from home. A here you're living in a apartment living in brooklyn. It must be pretty tight. I would imagine that is an understatement. But yeah it's been. It's been a journey although i cannot complain but living at home and working from home with a six year old and a husband that also works from home has been has required creativity and so for example right now. I'm actually a huddled right outside my bathroom on the floor because at any minute my daughter barges in the door. This is actually the door that locks. I've discovered that. I get decent wifi for side. That's it's awesome awesome. You have to find your quiet spaces. And all those things. Dear to your. So let's talk about your path and your role at alibaba dot com where you're leading brands and corporate strategy. Tell me a little bit about. What did you do before alibaba. And then how did how did you make your way to alibaba dot com. I joined alibaba in towards the end of twenty eighteen to lead the brand corporate strategy function for alibaba dot com which is one of the biggest business to business e commerce marketplace platforms in the world. What people often get confused between alibaba dot com and alibaba group is alibaba dot com is actually one business unit within a much larger alibaba group and so in my role i help transform alibaba dot com i in a couple of waste and the most important of which is to help it really go to market and launch in the us and so for example when we first started in the summer of twenty nineteen. We unveiled a some expanded platform capabilities to really allow us small businesses in the b. two b. space to use an online platform to reach millions of business buyers in the us and around the world before alibaba. I used to work at sky. A which was a startup a holding company of other e commerce platforms focus on the bbc space in the us. an open sky was subsequently acquired by alibaba in two thousand eighteen. And before that. I had a career in brand strategy consulting where i worked with and i was lucky. Enough to work with some of the biggest and most exciting go brands and companies to help build their business and define who they want to be. And how do they get their this fascinating a pathway going from brain strategy to e commerce technology marketing if you will and now alibaba dot com. I know a lot of people have heard of alibaba. We in the us as a us centric person myself. You know you hear the name and you just think wow this one. It's a massive group The group overall with so many different businesses underneath it from payment businesses like the aunt group to to alibaba dot com which is a marketplace. Can you help us. Dimensional is it because it is a ginormous company. I don't think many. Us folks realize how big it is absolutely and as you mention right alibaba group. It's a very big company. But it's really a parent and holding company for a lot of different business. Units and these different business units play in different spaces across the digital economy from payments to logistics to marketplace's to entertainment. You name it. But alibaba dot com as one unit with an alibaba group is focused on global. Be to be ecommerce and alibaba dot com was actually the first business that jack ma and the founders of alibaba group started over twenty years ago in one thousand nine hundred nine and when they founded alibaba dot com. They had a very simple and elegant mission. If you would which is how can we use technology to make it. Easy for the world. Small and medium-sized businesses to do business anywhere. And that is a mission that continues to hold shrew and were so committed to it which is how can we really help. The small and medium-sized businesses. Unlock growth opportunities and stay competitive in this digital world. We see in a stat right that the global business to business ecommerce opportunity. It's about twenty four trillion dollars which is six times larger than the beat. Ac- your kitchen so when we talk about e commerce people often think about sort of our personal purchases right but that market is actually only one six of the opportunity that business to business trade represents a mind blowing stat for the first eighteen years Alibaba dot com. We were essentially an online listing platform to think about really a digital yellow pages. If you would where our sellers would list their contact information their production capabilities and then the fires these are business buyers from around the world would come and look up suppliers who are able to supply or manufacturer whatever products it is that they need and so for a long time right it was actually plays were global and amid a lot of them being. Us based small businesses looking for sellers manufacturers primarily in china and asia. Fast forward though to around. Twenty seventeen and alibaba dot com and alibaba group realized that we need to really transform the platform to take into the twenty first century and to make truly helpful and relevant to today's business to business trade and so we transform the platform in a couple of ways one. Is we enhance the functionality and capabilities of the platform so in addition to it being a place where a and seller would beat were also a building in trading features and capabilities so that the by in the seller can meet one another but they can also complete that trade on our platform so everything from payments and financing to accessing logistics and other supply chain solutions a second transformation is to really diversify the supply as i mentioned because of the way we grew up the majority of the sellers on our platform are based in china or asia and so with the transformation. We realized that we really need to globalize the supply on the platform and the platform to us-based sellers to access global demand is a priority of ours in. So what's very exciting. Right is that we are sort of his mission to transform a twenty plus year old business to make even easier for small businesses to do business anywhere and we're seeing that alibaba dot com is now one of the fastest growing business units within.

alibaba Erica brooklyn china asia alibaba dot com one thousand Today six times twenty first century twenty three two thousand alibaba group erica about twenty four trillion dol first business alibaba. Dot com first eighteen years alibaba. Com jack ma
Alibaba Share Fall Under Regulatory Pressure

CNBC's Fast Money

02:15 min | 1 year ago

Alibaba Share Fall Under Regulatory Pressure

"Alibaba shares falling today. After the company's web browser was pulled from app stores and china the move follows comments from chinese president. Xi jinping calling for increased scrutiny on big tech she sang regulators. Need to fill in gaps and loopholes when it comes to chinese tech companies dan. You're saying that one of the worst looking charts and the market is of h chinese tech company. And it's alibaba. I mean the news flow has been downright horrible for months now the stock has been very volatile If you look at it right here down from i think about two seventy five to just about two twenty six to twenty seven right here sitting right on a massive technical support. Look at that chart. It's a massive head and shoulders formation. Here really has to hold here. The news flow has gone from bad to worse. I'll leave that For tim but it seems like the chinese government is seriously looking to clamp down on this company and some of their entities. And i just think you want to be careful below those recent lows below two twenty. I get that really clamping down a harshly would be cutting off your nose to spite your face in way because these are these are national champion companies. Tim at the at the same time. They are requiring alibaba to do things like divest. Some of its businesses like ant financial that could really transform these businesses. And how they're valued. Yeah i actually more worried about this I you know alibaba media assets including what they hold in some american companies like twitter. But also billy billy which is a online video gaming platform it's a forty billion dollar company mean. The these are part of the nuggets of value. That i i actually like in owning alibaba so i'm not surprised that the regulator actually needs to do their job. I'm not surprised that they're they're doing. They're they're slapping on the risk. Call it the companies that have been front running the government. But it's the entire china tech sector. That's under pressure and the irony of this is is that this. Is you know where we were fighting. Many of our kind of geopolitical wars over the last couple years with china really control the internet called the next wave of technology companies which china wants to put them out there. I i don't run to the door at these levels. I gotta tell you to twenty very big support on bobbled

Alibaba Chinese Government Xi Jinping China Billy Billy DAN TIM Nuggets Twitter
Chinese Regulators Call for Alibaba to Divest Media Interests

WSJ Tech News Briefing

00:40 sec | 1 year ago

Chinese Regulators Call for Alibaba to Divest Media Interests

"China's government has been tightening. Its control over. Its big homegrown. Tech companies and in recent days its biggest alibaba has gotten the attention of regulators now. We report exclusively. That china is asking alibaba to of its media assets which include print broadcast digital social media and advertising people familiar with the matter. Say officials are concerned about the company's sway over public opinion in china alibaba declined to comment on discussions with regulators about its media assets. But it said it's a passive investor in those holdings. The chinese communist party's propaganda department. Didn't respond to a request for comment.

Alibaba China Chinese Communist Party
Coupang Is the Amazon.com of South Korea, but Maybe Even Better.

Equity

01:21 min | 1 year ago

Coupang Is the Amazon.com of South Korea, but Maybe Even Better.

"Natasha. We finally have pricing news on coupon. The south korean e commerce giant that had kick butt twenty twenty. What's latest coupon is the largest ipo by a foreign company that we've had at least in the last seven years so big news. It priced one dollar above its raise range and has raised four point. six billion. it's fully diluted. Market value is sixty two point nine billion but of course it's not trading yet so the story is still going miserable training. Well we record this on thursday so if that happens we'll update you. But you are the south korean expert on the show. I'm very curious if you're surprised by the enthusiasm from american investors for a south korean company. Maybe the irony is was the largest ipo before this one was alibaba is commerce logistics for china so clearly when comes to companies doing well and the nyc is e com in asia. But no i look. I think we've talked about coupons in the past. i think it's a really strong debut. Catherine shoe from our team wrote a really great piece. About how coupon is out amazon. Amazon and one of the details in her piece was that a lot of success was due to in early and heavy aggressive investment in logistics when it was founded in two thousand nine there were no major logistics providers in south korea out similar to what we have in the us fedex or ups so it built its own infrastructure so now to take out coupon. A company needs to do that and that's not simple to

Natasha Catherine Shoe Alibaba Amazon NYC Asia China South Korea United States
"alibaba" Discussed on CNBC's Fast Money

CNBC's Fast Money

04:48 min | 2 years ago

"alibaba" Discussed on CNBC's Fast Money

"Alibaba. Closing the books on a record shattering singles day sales event. The tech giant says gross merchandise value. Seventy four point one billion dollars over the eleven day event but check out what happened to baba shares in hong kong trade. They fell nearly ten percent following a massive crackdown on the company. By the chinese government. Deirdre bosa is here with the very latest on this story. Deebo well in years past melissa. Single day has been all about those huge numbers that show the reach of china's internet giants. This time though that may be seen as more of a riskier. Flex justice singles was getting underway. Beijing's antitrust watchdog put countries tech giant's notice issuing draft rules aimed at rooting out monopolistic practices. Now the news hits the biggest names. Not just alibaba tencent. Jd dot com as well in hong kong by between seven and ten percent in. Just one session now. Alibaba is you know has already been under pressure. Since aunt groups halted ipo. The fintech also faces a changing regulatory landscape. More broadly guys regulatory pressure could be signaling. A new era for chinese tech. Not unlike what we're seeing for our own. American tech companies alibaba president michael evans told me earlier today. That transparency will be key. We need regulatory transparency. So that investors the company regulators. Everyone else can see the transparency and understand the rules by which the game will be played. That's where we're at over the last decade or more. The giants have been seen as national champions evidence of china's tech prowess surpassing even their american counterparts by some measures like users and growth. But now melissa. The draft rule suggests that beijing thinks that they have become too big and wants to rein them in perhaps giving a new crop of companies a chance to content back over to you all right deirdre. Thank you deirdre bosa for us tim. I'll go straight to you on this. I mean it was once thought that as national champions firms like alibaba and by intense they were backed effectively by the chinese government. And here we are in a very different position which violators of that. New regulation could be forced to divest of assets of intellectual property <hes>. A whole host of measures. That would be very punitive so <hes>. Deebo brought up a pretty good point also just that this anti regulated. This is the doj quivalent. We should say what that's meant for. Companies in our country mega cap texas <hes>. Largely been nothing. But let's be clear about that <hes>. As a guy that's invested in emerging markets for a long time and has seen governments dismantle companies. It got too big or too influential whether it's oil companies in russia whether it's been power companies in brazil. The national champions in china are just that i think the regulator has to evolve on the fly. I don't think they're gonna be telling these companies apart. And i think this is an opportunity. Remember china wants these companies to be global and dominant and they want them to work with the next wave of chinese tech companies. They're coming and yes they'll be competitive <hes>. Influences but i think this is an opportunity but still the context of this is that these tech regulations came a week after the government forces suspension of the ant financial ipo karen which forced you as an investor in alibaba to actually reevaluate because it. It changed the rules to the point. Where aunt may not be as valuable as it once was. I think that's true. I think aunt will be unlikely in the short term to be as valuables. It was the very best cases. there's no new regulations. I don't think that's the most likely outcome. But you gotta think about how far the stock has fallen. And i think you know i agree with just about everything tim said of them. Being national champions. I think they're trying to this is really a spanking for jack. Ma and i think that ultimately i don't know how much of a difference it'll make in their in how powerful they are so when i look at how much the stock has come down if i own none. I would buy it right here. I don't own none. I own a fair amount. So i didn't add today. My next by next action probably would be to add. And i think that i don't know how long it's gonna take to resolve this but in my experience. Panicking on news like this has never been the right thing to do. So maybe this time it is the right thing to do but we look at what happened with the the internet companies. The gdp are we looked at having the antitrust with google stock traded up. We look what happened with facebook. Stock traded up. So i'm not gonna panic out of it. I may be the last one out when they dismantled the whole thing. But if i owned on abide here

Alibaba chinese government Deirdre bosa china hong kong Beijing giants melissa baba Deebo facebook google doj tencent brazil russia Ma tim president