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Michael Burry Bets $1.6 Billion Against Market: ‘Big Short’ Investor Takes Bearish Stance on S&P 500 and Nasdaq
15.8.2023
In filings with securities authorities released on Monday, renowned hedge fund manager Michael Burry, whose exploits were famously captured in the film “The Big Short,” took a bearish stance on the market. Burry’s Scion Asset Management shorted the S&P 500 and Nasdaq 100...
Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman
20.6.2023
Alibaba has announced that crypto-friendly Joseph Tsai, currently Executive Vice Chairman, will replace eight-year veteran chief Daniel Zhang as the company's new Chairman.
In a Tuesday press release, the company also said that Eddie Wu, now chairman of Alibaba’s core Taobao and Tmall online...
Alibaba’s NFT Marketplace Allows Content Creators to Copyright Work via Blockchain IP Service: Report
17.8.2021
The Chinese multinational technology giant, Alibaba Group, has launched a non-fungible token (NFT) marketplace. According to regional reports, the Alibaba NFT platform not only provides customers with the ability to purchase and sell NFTs, but the marketplace also allows people to license and sell...
White Paper Published by Microsoft Describes an Ethereum-Based Tool to Combat Pirated Content
16.8.2021
Researchers from Microsoft, Alibaba Group, and Carnegie Mellon University have published a paper that claims the Ethereum network can help prevent piracy. The paper, called “Argus: A Fully Transparent Incentive System for Anti-Piracy Campaigns,” describes how Argus is superior...
Report: Blockchain Patents ‘Skyrocket’ in 2020, Alibaba Owns the Most Crypto Patents
20.9.2020
A study from the team at Kisspatent shows that Alibaba Group is the largest blockchain patent holder in 2020 capturing 10x the number of patents held by IBM. The report notes that blockchain patents “are skyrocketing” this year and so far in 2020, there’s been more distributed...