Search results for "Alibaba"

Chinese Technology needed to fight against Covid-19 once again

Chinese technology has been used to fight against the spread of Covid-19 since the very beginning. The efficiency with which the Chinese government handled the outbreak was clear. However, it seems a slip up may have occurred. Seventy-nine new cases have suddenly emerged over the last four days in Beijing after two months of decline. […]

Alla Goldner, Director, Technology, Strategy & Standardization at Amdocs

Amdocs is an international company founded in 1982 that specializes in software and services for communications, media and financial services providers and digital enterprises. The company helps service providers, communications agencies and financial service providers with modernizing solutions that involve digitization and automating systems and services in many industries.  Mrs. Alla Goldner, Director, Technology, Strategy […]

China's companies emerge as global donors in virus pandemic

By JOE McDONALD AP Business Writer BEIJING (AP) — As the coronavirus spread, the world’s richest communist dug into his deep pockets. Jack Ma, founder of e-commerce giant Alibaba Group and a member of the ruling Communist Party, helped to pay for 1,000 ventilators delivered to New York in April. Ma’s foundation also is giving […]

SoftBank racks up losses as Vision Fund investments plunge

>By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese technology company SoftBank Group Corp. racked up a loss of 961.6 billion yen ($9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments including troubled office space-sharing venture WeWork. SoftBank, founded in 1981, said Monday the drop in […]

Why open a store? Chinese merchants go livestreaming instead

By ZEN SOO AP Business Writer HONG KONG (AP) — At the height of China’s coronavirus outbreak, the skincare-products maker Forest Cabin closed more than half of its 300 stores across the nation as shoppers stayed home. With sales plunging, founder Sun Laichun decided it was time to reach his customers more directly. “We knew […]

Ways that AI is helping the fight against COVID-19

Initial cases of COVID-19 were first declared in December 2019, in Wuhan, China. After four months, the virus has now been diagnosed in 167 countries and almost 140,000 people have died. The impact of the disease throughout the world will have unprecedented consequences for virtually all aspects of the global economy. The world seems to […]

Online grocery services struggle to meet spike in demand

By KELVIN CHAN AP Business Writer LONDON (AP) — A pandemic forcing everyone to stay home could be the perfect moment for online grocery services. In practice, they’ve been struggling to keep up with a surge in orders, highlighting their limited ability to respond to an unprecedented onslaught of demand. After panic buying left store […]

Chinese smartphone health code rules post-virus life

WUHAN, China (AP) — Since the coronavirus outbreak, life in China is ruled by a green symbol on a smartphone screen. Green is the “health code” that says a user is symptom-free and it’s required to board a subway, check into a hotel or just enter Wuhan, the central city of 11 million people where […]

SoftBank to buy back $41 billion in assets to trim debt

SoftBank to buy back $41 billion in assets to trim debt By ELAINE KURTENBACH AP Business Writer BANKGOK (AP) — The Japanese technology and telecoms company SoftBank said Monday it plans to buy back up to 4.5 trillion yen ($41 billion) of its assets as it seeks to trim its gigantic debt burden. The company’s […]

China uses tech to fight Coronavirus outbreak

As the Coronavirus outbreak worsens in China, the government have introduced more stringent measures in an attempt to manage the fast-moving infection. The chosen route? Fight biohazard with big data. New technology has been deployed to contain the disruption caused by the virus. From drones with thermal cameras, smart helmets, to disinfecting robots, and even […]