Business

Alibaba quarterly revenue rises 2%: earnings report

China's Alibaba Group said Thursday its revenue rose two percent year-on-year in the quarter ending December 2022, as the internet giant shook off the impact of strict COVID containment measures and a slump in consumer demand.

Hi Tech & Innovation

US lets autonomous vehicle bypass human-driver safety rules

For the first time, the U.S. government's highway safety agency has approved a company's request to deploy a self-driving vehicle that doesn't meet federal safety standards that apply to cars and trucks driven by humans.

Business

Jack Ma to cede control of China's Ant Group

Jack Ma will cede control of Chinese fintech giant Ant Group, the company announced Saturday, following a Communist Party crackdown on the nation's tech sector that targeted the charismatic billionaire.

Business

China crackdown cuts Big Tech down to size

Tighter regulations, billions in lost overseas share value and government pledges to get even tougher—Chinese tech giants are reeling under what looks like a sustained Big Brother assault on innovation and enterprise.

Internet

Instagram hides some posts that mention abortion

Instagram is blocking posts that mention abortion from public view, in some cases requiring its users to confirm their age before letting them view posts that offer up information about the procedure.

Internet

MIT to caption online videos after discrimination lawsuit

The Massachusetts Institute of Technology has agreed to provide captions for more of its publicly available online videos as part of a settlement announced Tuesday in a case that accused the school of discriminating against ...

Business

Jack Ma living in Japan after China tech crackdown: FT

Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.

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