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Chinese Billionaire Jack Ma Agrees to Cede Control of Fintech Giant Ant Group
12.1.2023
Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure, which will supposedly not have an impact on “the economic interests of any shareholders of Ant Group and their beneficiaries.” Once the process...
Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study
7.1.2023
As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show that the fintech sub-sector alone accounted for 3,100 or 27% of the 11,462 people that were employed by tech startups...
Gate.io experiences slowdown in deposits and withdrawals due to node maintenance
18.12.2022
In a statement, the crypto exchange said that users' funds are safe and transactions are still being processed
OKX cites intermittent outage amid Alibaba Cloud equipment anomaly
18.12.2022
Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and failed to recover for over 7 hours at the time of reporting
Alibaba’s Alipay & Taobao Platform to Launch Digital Yuan Pay Functions
13.12.2022
An affiliate of the Chinese tech giant Alibaba has claimed that it will allow customers to pay with the digital yuan on its Taobao e-commerce platform, in addition to the market-leading Alipay e-payments platform.
Per Sina Technology, the announcement was made by Li Chen, Chief Compliance Officer...
Avalanche to power Alibaba Cloud's infrastructure services in Asia
3.12.2022
Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche's public blockchain platform in Asia
Alibaba, PlatON, and HashKey to co-build Web3 developer platform
2.12.2022
Alibaba Group’s digital technology and backbone, Alibaba Cloud, made an announcement to co-develop the technology and infrastructure platform for Web3 developers. In this venture, Alibaba Cloud is backed by PlatON and HashKey Group. PlatON is a future-generation internet infrastructure protocol...
China’s Ant Group to help Malaysia launch crypto-friendly 'super app'
24.8.2022
Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services
Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions
22.7.2022
China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban on the resale of NFTs imposed by the authorities in Beijing. Huanhe to Close Down a Year...
Big Tech Joins Hands to 'Foster' the Creation of Metaverse Standards
22.6.2022
Meta, Microsoft, Nvidia, Sony, as well as 33 other tech giants racing to build the metaverse have formed a group to create the infrastructure for an interoperable metaverse.
Dubbed The Metaverse Standards Forum, the new initiative aims to introduce interoperability and cross-compatibility...
NFT platforms in China grow 5X in four months despite government warnings
17.6.2022
NFTs are still a gray area in China where unlike cryptocurrencies, there’s no official ban on its use, but the authorities have warned investors against the risks from time to time
Alibaba Cloud launches NFT solution… then quickly memory holes it
10.6.2022
The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results
Alipay Provides Digital Yuan Boost as COVID-19 Deals PBoC Blow
7.5.2022
The e-payments giant Alipay, part of the Alibaba business empire, has added an advanced search function for users wishing to use its platform to make payments using the digital yuan within the fast-expanding pilot zone....
Read More: Alipay Provides Digital Yuan Boost as COVID-19 Deals PBoC Blow
Chinese internet giants remove NFT platforms fearing gov't crackdown
21.3.2022
WeChat removed several accounts for digital collectible platforms for violating the policy of illegal trade, while Ant Group and Tencent-owned NFT platforms updated their user agreements
Nifty News: Are Tai Lopez NFTs the market top? Alibaba massage gun scandal... and more
10.3.2022
Tai Lopez’s NFT drop has caused a stir while Alibaba has banned users from using massage guns to spam buy NFTs
Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
9.1.2022
China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to...
Chinese Tech Giants Ready Metaverse, NFT Moves Despite Regulatory Scrutiny
21.12.2021
China’s tech giants are hopeful of launching metaverse and non-fungible token (NFT) businesses despite suffering a torrid year at the hands of the country’s vehemently anti-crypto government. Heavy-hitters including JD.com and Alibaba have laid out plans that involve metaverse and NFTs, although...
MerXu: Evropská Alibaba Václava Lišky získává miliony na expanzi do Německa a spol.
15.11.2021
Václav Liška získal další prostředky na financování mezinárodního e-commerce projektu merXu. Nespecifikovanou částku v rámci series A vložily investiční fondy Prosus Ventures, Point Nine a slavný Accel. Series A navazuje na dřívější seed, suma se může pohybovat v řádech milionů dolarů
Chinese e-commerce giant JD.com drops NFT series on its own blockchain
20.10.2021
JD.com implements its own blockchain to issue free NFTs to attendees of its annual JD Discovery conference
Další zářez pro Arm. Čínská Alibaba vyvinula 128jádrový procesor, kterým v datacentrech nahradí čipy x86
20.10.2021
Stále více velkých technologických společností si vyvíjí vlastní procesory na bázi instrukční sady Arm a nově to platí i pro výkonné serverové čipy. Další významnou firmu, která odchází od instrukční sady x86, je čínská Alibaba.
Technologická odnož T-Head, kterou Alibaba založila v roce 2018,