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ALIBABA HIRING
US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...- Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
- Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
- China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
- China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
- Tencent seizes momentum in China’s AI race against AlibabaTencent in just the past week introduced several signature products aimed at tapping a national enthusiasm for AI agents like OpenClaw — au...
- Alibaba to begin re-hiring as confidence grows after Xi's tech summitAlibaba chairman Joe Tsai stated that China's business entrepreneurs are showing increased confidence following a tech summit led by Presid...
- Alibaba says to hire this year, refuting layoff rumoursIn a post on the firm's official Weibo account, Alibaba said it will hire 15,000 people and more than 3,000 would be newly-graduated studen...
- Infosys misses FY23 guidance, issues grim forecast for current fiscal; DPIIT and Finmin discuss startups’ concernsIndia’s second-largest IT services company Infosys reported over 15% growth in revenue in constant currency terms, while its year-on-year p...
- Alibaba-backed Pakistani ecommerce platform Daraz cuts workforce by 11%Daraz, Pakistan's largest ecommerce retail platform, was founded in 2012 in Pakistan and acquired by Chinese giant Alibaba in 2018. It has ...
- It’s almost impossible: Jack Ma says that even he wouldn’t clear the screening process at AlibabaJack Ma believes he would have a tough time securing a job at the company today.
- Want Jack Ma to hire you? You have to be smarter than China’s richest manThe second most important quality Alibaba founder wants for you to have a good personality.
- BVP’s Raghav Bahl to join India investment team of AlibabaThe rejig will also see Kshitij Karundia, who was leading India investments for Alibaba till now, move to Alibaba’s corporate finance team.
- Alibaba to hike stake in Paytm's marketplace for $177 millionShareholding of Alibaba with payments affiliate Alipay to go over 60% in Paytm E-commerce, which will compete with Amazon India and Flipkar...
- Alibaba is not reportedly buying SnapdealThis follows reports from yesterday which suggested that Alibaba was looking to buy Snapdeal for $2 billion
- Alibaba hires former McKinsey executive Madhur Deep as senior VPDeep will lead the business strategy including market entry, investments and partnerships for both B2B and consumer facing commerce busines...
- Alibaba starts building team for India forayAlibaba reported an annual gross merchandise volume (GMV) of $485 billion in its China marketplace for the fiscal year ended March 2016.
- How Alibaba won and lost a friend in WashingtonAlibaba began 17 years ago in the modest living room of a gutsy man with a history of failure. Jack Ma struggled in school, and even Kentuc...
- Adobe's Rajiv Mangla to take over as Snapdeal’s CTOMangla will take over from Amitabh Misra, who quit in February to start a travel venture.
- 'China's Alibaba ponders Microsoft's Yahoo bid'Alibaba Group, the Chinese Internet company part-owned by Yahoo Inc, has hired advisers to evaluate issues related to a possible purchase o...
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