Speaking at the 2nd World Intelligence Conference in Tianjin, Alibaba founder Jack Ma said that he considers Bitcoin to be a bubble, but not blockchain, its underpinning technology. Ma revealed that they have been researching blockchain for years and strongly believe that it can provide a...
Analyst firm CB Insights reported that a Chinese startup SenseTime had received $600 million in a new round of funding this week, making it the most valuable AI startup in the world. The funding, led by Alibaba, has put SenseTime’s total valuation at around $4.5...
Speaking at the Boao Forum for Asia, Alibaba chief Jack Ma urged Facebook last Monday to fix its data privacy issues and added that the senior management should take responsibility. The comment came before Facebook’s Mark Zuckerberg’s scheduled appearance before the US Congress. Ma, who previously...
Chinese tech titans are now feeling the backlash of consumer concerns regarding privacy after a billion dollar deal between the US government and Tencent’s Ant Financial Services Group failed to materialize. It is said that privacy and security questions are likely to hound the two...
The Indian government is currently scrutinizing Alibaba’s UC browser for allegedly sending back user data to servers in China. A senior IT official said that several users had reported that the browser retains control of the device’s DNS, even if the app had already been...