Alibaba founder Jack Ma has made headlines with the establishment of a new venture named Hangzhou…
Tag: business
Amazon Workers Strike Over Pay Across Europe During Black Friday Trade
Over 200 Amazon workers across Europe including more than 1,000 at the Coventry warehouse in England,…
Binance CEO Changpeng Zhao Pleads Guilty to Money Laundering Charges
Changpeng Zhao, the founder and CEO of Binance has resigned from his position and pleaded guilty…
Amazon Layoffs Hundreds of Employees in Alexa Division
Amazon has announced the restructuring of its Alexa voice assistant unit, resulting in the layoffs of…
Alibaba Cancels Cloud Computing Spinoff Over US Chip Restrictions
Alibaba Group has decided to abandon its plans for the spinoff of its cloud computing business.…
Amazon Layoffs: New Round of Job Cuts in Music Division
The recent layoffs at Amazon, particularly affecting the Amazon Music team. The exact number of employees…
Chen Shaojie: CEO of Chinese Live-Streaming Platform DouYu Goes Missing
Chen Shaojie, the CEO of Chinese live-streaming platform DouYu vanishing act is just one of many…
US Invests $553 Million in Adani Port Project in Sri Lanka
China's increasing influence in the Indian Ocean region, the United States has announced an investment of…
Italy Police Seize $835 Million from Airbnb in Tax Invasion Injury
Italian authorities have seized €779.5 million ($835.5 million) from Airbnb. This comes as a response to…
Disney Buys Hulu Remaining 33% Stake from Comcast for $8.61 Billion
Disney has announced its plans to acquire Comcast's one-third stake in Hulu for $8.6 billion. This…