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☆ A fluffy, $85 toy is taking Asia by storm and sparking legions of knockoffs. Inside the meteoric rise of Labubu.
▼ + stars: | 2024-11-15 | by ( Aditi Bharade | Erin Liam | ) www.businessinsider.com time to read: +9 min

The Labubu and Pop Mart phenomenonLabubu dolls at the opening of a Pop Mart store in Bangkok. AdvertisementIn a statement to BI, a representative from Pop Mart said that Labubu has gained a strong global fan base. Advertisement"There's a bit of a 'FOMO' feeling," said Sim, 31, who owns around six Labubu toys. She has around 17 Labubu toys and said she spent over $10,000 on them. Once, she even camped outside a Pop Mart store for the latest drop.

Persons: —, Grace Lee, Lee, ─, Joey Khong, Khong, Bangkok . Sun Weitong, Lung, it's restocked, Tony Lee, Mart doesn't, Taobao, Erin Liam, Lisa, Juda, Kanaprach, Gen Zers, They're, Labubu, It's, Sim Pei Yi, Sim, Ana Gonzales, she's, Gonzales, Tracy Hsu, Lisa —, Hsu Organizations: Service, Getty, Business, Pop, Pop Mart, Daxue Consulting, Southeast, Insight, Singapore, Mart Locations: Asia, Bangkok . Sun, Xinhua, Hong Kong, Beijing, Singapore, Pop, Southeast Asia, Japan, South Korea, China, Philippines, New Jersey, California, Canada

A man wanted in connection to the slaying of a New York City woman at a chic Hamptons resort was found dead in Pennsylvania, police said Wednesday. Gannon "was found dead of a self-inflicted gunshot wound at his home" in Honesdale, Pennsylvania, about 200 miles from the murder scene, according to a Suffolk County Police Department statement. "We are not confirming the relationship, but we can say it was domestic in nature," a Suffolk County police spokesperson said. A representative for Shou Sugi Ban House could not immediately be reached for comment on Wednesday. Shou Sugi Ban House bills itself as a resort that's "discreetly luxurious" and "grounded in sustainability and a deep love for raw natural beauty."

Persons: Thomas Gannon, Sabina Rosas, Shou Sugi, Gannon, Sabina Khorramdel, Sabina, Rosas Organizations: Suffolk County Police Department, Southampton, House Locations: New York City, Pennsylvania, Water, Midtown Manhattan, Suffolk, Honesdale , Pennsylvania, Suffolk County

☆ Italian surfer dies after being struck by fish off the coast of Indonesia
▼ + stars: | 2024-10-22 | by ( Alex Stambaugh | ) edition.cnn.com time to read: +2 min

CNN —An Italian surfer has died after being impaled in the chest by a sharp-billed fish while surfing off Indonesia’s West Sumatra coast. Giulia Manfrini, 36, had been surfing in the Mentawai Islands, a remote island chain when she suffered a “freak accident,” said her business partner James Colston. “Unfortunately, even with the brave efforts of her partner, local resort staff and doctors, Giulia couldn’t be saved,” Colston said Sunday in a statement on Instagram. According to a medical report, she suffered a stab wound to the upper left chest with a depth of about five centimeters, the agency said. Together Colston and Manfrini founded travel company AWAVE Travel, which organized trips to popular surfing destinations, including the Mentawai Islands.

Persons: Giulia Manfrini, ”, James Colston, “, Giulia couldn’t, ” Colston, ” Lahmudin Siregar, Manfrini, Colston, Pei Pei, Antara, Venaria Reale, ” Fabio Giulivi, Chiara, Giorgio, ” “ Giulia couldn’t, Giulia Organizations: CNN, AWAVE Locations: Italian, Indonesia’s West Sumatra, Mentawai, Siberut, Venaria, Turin, Italy, ”, Stoke

☆ New York family sues funeral home after 96-year-old woman's casket is sent to wrong country
▼ + stars: | 2024-10-11 | by ( Pei-Sze Cheng | ) www.nbcnews.com time to read: +1 min

A New York City family is suing a funeral home for mistakenly sending their mother’s casket to another country for burial. Her family, who lives in Queens, was preparing for the funeral in Ecuador when they saw a video posted on TikTok that shocked them. The video showed a family in Guatemala shocked to find a woman’s body in the casket at the funeral for their 38-year-old son. I had to deal with the health department, the police, a lot of big, big processed to export the body to a different country,” said Minchala. When the family asked the funeral home about the mix up, they claim the funeral home denied it.

Persons: Carmen Maldonado, Rivera, Rosa Sicha, “, ”, Carmen, Manuel Minchala, Phil Rizzuto Locations: York City, Ecuador, Queens, Guatemala, Corona, “

Below are the best Prime Big Deal Days discounts on clothing for finessing your look on a budget. Be sure to take stock of your other self-care needs with our guide to the best Prime Day beauty deals. The best Prime Day clothing dealsFrom enduring classics like Levi's denim to on-trend picks like leopard-printed skirts and trench coats, these are the best Prime Day clothing deals we've found. View at AmazonThe best Prime Day shoe and accessory dealsWe love Amazon for budget-friendly accessories that take an outfit to the next level. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.

Persons: it's, Calvin Klein, JW Pei, we've, here's, wardrobes, Tabby, Heusen, Anne Klein, It's Organizations: Business, JW, Deal, Amazon, Sports, Nike, Adidas

So we've gathered a list of Prime Big Deals Day sales on gifts like fun gadgets, teen-friendly beauty products, and quirky kitchen items. For all of our editor-favorite deals, see our article on the best Prime Day deals that span every category. These are the best Prime Day deals on gifts to help make hunting down fun finds a little easier. The best Amazon Prime Day deals on giftsWe rounded up lots of fun Prime Day deals on little treats for you or a friend. Check out our roundup of all of the best Prime Day deals or browse Amazon's website for the full selection.

Persons: Mariah Carey, we've, it's, Samantha Crozier raved, I'm, Stanley doesn't, who's, wardrobes, Tabby, popper, Pei, TJ Organizations: Business, Stanley, Amazon, TJ Maxx

☆ Cheng Pei-pei, ‘queen of martial arts’ movies, dead at 78
▼ + stars: | 2024-07-19 | by ( Amarachi Orie | ) edition.cnn.com time to read: +2 min

CNN —Actress Cheng Pei-pei, best known for her martial arts roles in films such as “Come Drink with Me” and “Crouching Tiger, Hidden Dragon,” has died. Our mother, Cheng Pei Pei, passed away peacefully at home surrounded by her loved ones on July 17,” her family wrote in a statement posted on Facebook Friday. Our mom wanted to be remembered by how she was: the legendary Queen of Martial Arts… a versatile, award-winning actress whose film and television career spanned over six decades, not only in Asia but internationally as well,” the statement continues. Born in Shanghai in 1946, Cheng trained in ballet while at school before moving to Hong Kong as a teenager. She then enrolled in a performing arts training course at film production company Shaw Brothers Studio, a pioneer of the kung fu film genre, according to the website Hong Kong Movie Database (HKMDB).

Persons: Cheng Pei, pei, ”, Cheng Pei Pei, Cheng, Shaw, Shang, ” Cheng, HKMDB, Jade Fox, “ I’m, “ Organizations: CNN, Facebook, National Health Service, Martial Arts …, Shaw Brothers, Hong Kong Movie Locations: Asia, Shanghai, Hong Kong, United States

☆ Cheng Pei Pei, ‘Crouching Tiger, Hidden Dragon’ Star, Dies at 78
▼ + stars: | 2024-07-19 | by ( Qasim Nauman | ) www.nytimes.com time to read: +1 min

Cheng Pei Pei, a trailblazer for women in Asian martial arts cinema and a star of the 2000 blockbuster “Crouching Tiger, Hidden Dragon,” died on July 17 in the San Francisco Bay Area. Ms. Cheng was born on Jan. 6, 1946, in Shanghai. Trained in ballet and traditional Chinese dance, she began her acting career in Hong Kong in 1964 and became one of the stars of the wuxia genre of martial arts films. Her breakout role was in the mid-’60s kung fu classic “Come Drink With Me.”“Our mom Cheng Pei Pei wanted to be remembered for who she was: the legendary ‘Queen of Martial Arts,’” her family said in a statement. “She loved being an actress and knew, even with her hard work, how fortunate she was to have the career she had.”

Persons: Cheng Pei Pei, ”, Cheng, ’, “ Organizations: trailblazer, Echelon Talent Management, Martial Arts Locations: San Francisco Bay, Shanghai, Hong Kong

The best Prime Day deals are the ones that let you fill a need in your life while saving a few bucks. Read on for our editor's personal picks from this year's sale, and catch the remaining sales in our main Prime Day deals hub. Amazon Prime Day deals our experts bought themselvesI'm moving from a huge home in Kansas to a tiny apartment in New York City. I used Prime Day as an opportunity to downsize to a smaller model that was recommended by our air fryer expert. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for more.

Persons: you've, Read, fryer, — Lauren Savoie, I've, It's, Samantha Crozier, Gabrielle Chase, Sam, Sally Kaplan, TCL, Brendan Griffiths, Anker, — James Brains, — Sally Kaplan, Dot, — Christopher Meinck, They're, it's, — Jaclyn Turner, Lauren Savoie, I'm, I'd, — John Lynch, They've, Mandolines, NoCry, Les Shu Organizations: Business, Amazon Prime, Sony, Microsoft, Taco Bell, Lenovo, Echo, Commerce, JW, JW PEI, Love Locations: Kansas, New York City, Taco, Crystal City, Hawaii, Brooklyn, Europe

☆ England players greeted by portraits of pooches dressed as royalty at Euro 2024
▼ + stars: | 2024-06-23 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —England players will enjoy the ulti-mutt home away from home at Euro 2024, with portraits of their dogs dressed as royalty hung in their bedrooms at their base camp in the German town of Blankenhain. Conor Gallagher's Chow Chow features on his Instagram page frequently. Purr and MuttAmong them are midfielder Conor Gallagher’s fluffy Chow Chow, whose third birthday he celebrated a few weeks ago on Instagram, captain Harry Kane’s chocolate Labrador, goalkeeper Jordan Pickford’s Cavapoo and midfielder Eberechi Eze’s Shar Pei. Boasting a team stacked full of talented players, England began the tournament as one of the favorites with expectations that it might end the long drought of 58 years without a major trophy for its men’s team. But the team has faltered in its opening two games, holding on to defeat Serbia 1-0 before labouring to a 1-1 draw against Denmark on Thursday.

Persons: mutt, Conor Gallagher's Chow Chow, Mutt, Conor Gallagher’s, Chow Chow, Harry Kane’s, Jordan Pickford’s Cavapoo, Eberechi, Shar Pei, Harry Kane's Labrador, “, Gareth Southgate Organizations: CNN, England, Denmark, English Football Association, Slovenia Locations: Blankenhain, Labrador, Serbia, England

☆ This technology could transform one of the world’s dirtiest industries. Experts say it’s way off pace
▼ + stars: | 2024-06-23 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +11 min

This complex will be world’s first large-scale “green steel” project, according to H2 Green Steel, the Swedish company behind the multi-billion-dollar mill. Dhiraj Singh/Bloomberg/Getty ImagesWhile projects like H2 Green Steel show momentum is growing, experts say the pace is far too slow. Northern Sweden is also home to the HYBRIT green steel pilot plant — which is one step ahead. US Secretary of State Antony Blinken speaks during a visit to Hybrit Steel Plant in Lulea, Sweden, on May 30, 2023. But there’s also the challenge of producing large amounts of green hydrogen, which will require huge amounts of renewable energy.

Persons: Peter Boer, Dhiraj Singh, ”, Mohamed Atouife, Daniel Acker, ” Atouife, HYBRIT, Biden, Antony Blinken, Jonas Ekstromer, Martin Pei, SSAB, ” Pei, Chathurika, Caitlin Swalec, Jonathan Nackstrand, Pei, there’s, –, Philipp Verpoort, “ It’s, Princeton’s, Swalec, Chris Greig, ” Greig, RMI’s Gamage Organizations: CNN, Green Steel, Tata Steel, Bloomberg, Getty, Rourkela Steel, Princeton University, Volvo, Hybrit Steel, TT, Agency, AFP, “, Mountain Institute, Global Energy Monitor, Potsdam Institute, Climate Impact, Potsdam, Princeton University’s Andlinger Center for Energy, Workers, Jiangsu Shagang, Co, European Union Locations: Sweden, Boden, Swedish, Wijk aan, Netherlands, Odisha, India, Indiana, Portage , Indiana, Northern Sweden, Cleveland, Ohio, Middletown, Mississippi, Lulea, Luleå, AFP, China, Europe, Japan, Jiangsu, Huai'an, Jiangsu Province, European

☆ US announces major bust as efforts to crack down on Chinese money launderers working with drug cartels ratchet up
▼ + stars: | 2024-06-18 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +17 min

A US-based lawyer who has represented accused Chinese money launderers said the tempo of law enforcement operations against the alleged launderers has increased in recent weeks as federal agents close in on “bigger fish” among Chinese money launderers in the US. None of the federal law enforcement agencies involved in tracking Chinese money launderers agreed to be interviewed on the record. Grassley and Whitehouse have each introduced legislation they say is key to closing loopholes in US law that are actively exploited by the cartels’ money launderers. Elaborate networksRecent court documents illuminate how far-flung and elaborate US-based networks of alleged Chinese money launderers are. Mirror TransactionsExperts say the Chinese money launderers have mastered the art of so-called mirror transactions, which involve a series of deposits at multiple bank accounts to conceal the drug money.

Persons: ”, Anne Milgram, surveil, “, Don Im, Biden, HSI, Ricardo Mayoral, William Kimbell, ” Kimbell, launderers, —, Sen, Sheldon Whitehouse, ” Whitehouse, Treasury Department —, Whitehouse, Christopher Wray, Joe Biden, Xi Jinping, Republican Sen, Charles Grassley, Enhua Fang, Li Pei Tan, Tan, Joe Habachy, Matthew Rothbeind, Fang, Chaojie Chen, Chen, Greg Hunter, ” David Luckey, JPMorgan Chase Organizations: CNN, Drug, Administration, Sinaloa Cartel, US Court, Central, Central District of, DEA, IRS, “, Centers for Disease Control, Federal, Homeland Security, Treasury, Treasury Department, Treasury’s, Network, Homeland Security Investigations, DHS, Financial Crimes, Rhode Island Democrat, intel, Department of Homeland Security, FBI, Senate, ” CNN, White, Office of National Drug Control, Service, Biden, Republican, Grassley, Rand Corporation, of, JPMorgan Chase, Bank of America, JPMorgan, Organization Locations: California, Mexican, China, Mexico, Los Angeles, Sinaloa, Central District, Central District of California, Colombia, America, Oregon, Virginia, South Carolina, Washington, DC, North, Central America, —, Iowa, North Carolina, Belize, Chinese, Georgia, Chicago, Tulsa, East Coast, Detroit , Chicago, Ohio, Western, of North Carolina, Wells Fargo

☆ Rihanna’s makes Chinese street food to promote Fenty Beauty to China’s Gen Z
▼ + stars: | 2024-05-22 | by ( Stephy Chung | ) edition.cnn.com time to read: +4 min

She’s a business mogul in every sense: Aside from a prolific music career, she’s launched successful brands including her cosmetics empire Fenty Beauty – worth an estimated $2.8 billion according to Forbes – and her lingerie label Savage X Fenty. Her latest move in China to promote makeup products is something of a masterclass in how to tap into its lucrative – mostly online – Gen Z market. On Tuesday night, the chart-topping singer attended a Fenty Beauty pop-up held at a Shanghai photography museum, “servin’ face” according to brand’s Instagram, and “jianbing” – a popular Chinese breakfast crepe that costs about a dollar. In a screengrab from Instagram, Rihanna makes jianbing in Shanghai, China, during a visit to promote Fenty Beauty. While Fenty Beauty products have been available in the country since 2019, the brand announced this March that it would be expanding its presence via Sephora stores on the mainland.

Persons: CNN —, Rihanna, She’s, she’s, Forbes –, brand’s Instagram, ”, China’s TikTok, “, Guo Pei, jianbing, RihannashowsupinShanghai, Gucci, Dior, Louis Vuitton Organizations: CNN, Vogue China, Academy of China Council, Promotion of International Trade Locations: China, Shanghai, Instagram, Weibo, Shandong, ”, China’s Shandong province, Jianbing, Douyin

☆ Please, no more naked dresses at the Met Gala
▼ + stars: | 2024-05-07 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +5 min

Naked dresses once again dominated the Met Gala red carpet on Monday night. AdvertisementAnother year, another sea of naked dresses at the Met Gala. John Shearer/Getty ImagesThis isn't to say some of those naked dresses haven't been standout looks — quite a few ended up on our list of the best Met Gala outfits of all time. Dimitrios Kambouris/Getty ImagesAnd unexpected might be the perfect word to describe what's been missing from so much of fashion lately, especially at the Met Gala. So, let's give the naked dresses a rest and bring some surprise back to the Met Gala.

Persons: Kim Kardashian, Jennifer Lopez, —, you'd, hasn't, It's, John Shearer, haven't, Emily Ratajkowski, Cher, Bob Mackie, Mackie, Ron Galella, Kate Moss, Liza Bruce, Rihanna, Alo Ceballos, Christian Siriano, Elle Fanning deservedly, J.G, Ballard, Elle Fanning, Jamie McCarthy, Dynevor's, Victoria Beckham, Beckham, Phoebe Dynevor, Dimitrios Kambouris, what's, Guo Pei Organizations: Service, Time Magazine, Vogue, Getty, Google

☆ Rihanna, the undisputed queen of the Meta Gala, had to drop out this year at the last minute
▼ + stars: | 2024-05-07 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +2 min

Rihanna had to drop out of the Met Gala at the last minute on Monday night. Rihanna has become the undisputed queen of Met Gala for her showstopping looks over the years. News that month that she wasn't planning an elaborate look for the 2024 Met Gala. Fans were surely hoping that Rihanna would be making another fashionably late entrance to the Met Gala when she didn't appear on Monday night. Rihanna was also the last celebrity to arrive at the 2021 Met Gala, rocking up in black couture Balenciaga coatdress.

Persons: Rihanna, —, Rihanna —, Guo Pei, Valentino, Couture, Noam Galai, Fenty Savage, I've, Theo Wargo, RZA, Rocky —, Timothy A, Clary Organizations: Service, Business, British Vogue, Hollywood

☆ The Authorities Don’t Need A.I. When Your Neighbors Will Narc on You
▼ + stars: | 2024-02-28 | by ( Annalee Newitz | ) www.nytimes.com time to read: +1 min

Prisoners living under these towers never know whether the guards are looking at them, but they have to assume that they are being watched. This setup, Foucault explained, is a powerful metaphor for modern civilization: Our lives are circumscribed by a fear that invisible authorities have us in their sights. Two new books about state surveillance in the 21st century, one focused on China and the other on the United States, make it clear that Foucault was right. In China, as Minxin Pei explains in “The Sentinel State,” a centralized Communist government uses new tech to extend a centuries-old system of bureaucracy that rewards intelligence gleaned from informants and spies. And in the United States, Byron Tau’s “Means of Control” documents how a federal democracy formed shady alliances with private companies to collect data on its citizens.

Persons: Byron Tau, Minxin Pei, Michel Foucault, ”, Jeremy Bentham, Foucault, Byron Tau’s “ Organizations: Alliance of Tech, American Surveillance, Byron Tau THE, “ The Sentinel State, Communist Locations: China, French, United States, “

☆ Sam Altman just reminded everyone why OpenAI is leading the pack
▼ + stars: | 2024-02-17 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

On Thursday, OpenAI unveiled its new text-to-video model Sora. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This time, it’s not because of a shock ousting from OpenAI , nor is it because of anything to do with ChatGPT . Instead, it’s because of a whole new AI model called Sora.

Persons: Sam Altman, OpenAI, —, Sora, “, ”, MrBeast, Carl Pei, Will Smith, Nikunj, Altman, ” Kothari, mindshare, it’s, Donald Trump, Joe Biden Organizations: Service, Dreamworks, Google, Nvidia, Khosla Ventures Locations: OpenAI, California, New York, Hollywood

NEW YORK (AP) — The annual “Puppy Bowl” turns 20 this year, well over middle age in dog years. Cloud, Florida, who has been part of “Puppy Bowl” for a decade. “What we’ve done this year to flip the whole script is because it’s sort of a celebration of the fact that it’s the 20th year,” says “Puppy Bowl” referee Dan Schachner. "We’ve decided to go all in on puppy, making it the “most puppiest ‘Puppy Bowl’ ever.”The “Puppy Bowl” made its debut as counter-programming to the Super Bowl in 2005. The inaugural “Puppy Bowl” was watched by nearly 6 million viewers.

Persons: ”, Laurie Johnson, Dan Schachner, We’ve, Schachner, Johnson, it's, there’s, —, Shar Pei, Ruff —, “ Slick Rick ”, “ I’ll, they’re, ” ___ Mark Kennedy Organizations: Bowl, of Fame, Super, Animal Planet, Planet, Fox, TBS Locations: Florida, St, Cloud

☆ China's rapidly dwindling future will shape the world for decades to come
▼ + stars: | 2024-01-21 | by ( Linette Lopez | ) www.businessinsider.com time to read: +14 min

Everything was getting bigger — its cultural influence, geopolitical ambition, population — and seemed poised to continue until the world was remade in China's image. But now China's economy is withering, and the future Beijing imagined is being cut down to size along with it. What Beijing does — or fails to do — to fight this malaise will determine the course of humanity for decades to come. China's deflation worries started in earnest in the summer. Years of overbuilding — by about double the population, according to some estimates — and slowing population growth caused prices to collapse .

Persons: Minxin Pei, there's, Charlene Chu, Autonomous Research Charlene Chu, Chu, Wei Yao, Générale, I'm, Ben Bernanke, Bernanke, Xi Jinping, Xie Huanchi, Société Générale's Yao, Yao, It's, —, aren't, Logan Wright, Wright, Xi doesn't, Jinping, it's, Xi, Claremont's Pei, magnanimity Organizations: Claremont McKenna College, Autonomous Research, Federal Reserve, Getty Images Japan, Chinese Communist Party, Xi, CCP Locations: China, Beijing, dauphin, Xinhua, Japan, Xi's China, East Asia, Taiwan, Europe

☆ BHP train drivers to start 'restrained' industrial action on Friday
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

BHP's iron ore operations include four processing hubs and five mines that are linked by more than 1,000 km (621 miles) of rail and port facilities. BHP said that the proposed action would present logistical challenges but that it had put in place arrangements to mitigate the impact. Worries about a strike had lent support to iron ore prices, which are trading at the highest levels since February. "Concerns over disruptions on the supply side due to the looming strike at BHP in Australia contributed to higher iron ore prices today," said Pei Hao, a Shanghai-based analyst at international brokerage FIS. Drivers received an offer from BHP last Wednesday that did not meet their expectations around rostering, arbitration and camp standards, Busson added.

Persons: Dado Ruvic, Greg Busson, Busson, Pei Hao, BHP, Melanie Burton, Amy Lv, Gerry Doyle Organizations: BHP, REUTERS, Rights MELBOURNE, Reuters, Monday, Mining, Energy Union WA, Drivers, Thomson Locations: WA, Australia, Shanghai, rostering, Rio Tinto's, Beijing

Alibaba Group's Hong Kong shares closed down 10%, their biggest single-day drop in more than a year. Some analysts said keeping the cloud unit could assist Alibaba's AI push. But (it) also points to the increasing importance of retaining the cloud unit given the surging demand for AI computing in China," said US Tiger Research analyst Bo Pei. Alibaba reported second-quarter revenue of 224.79 billion yuan ($31.01 billion), in line with the 224.32 billion expected by analysts, LSEG data showed. The company also said it will press ahead with a listing of Alibaba's logistics arm, Cainiao, which applied for a Hong Kong initial public offering in September.

Persons: Group's, Jon Withaar, Alibaba, Joseph Tsai, Aly, Jack Ma, Kenneth Fong, Bo Pei, Eddie Wu, Daniel Zhang, Vey, Sern Ling, Donny Kwok, Josh Ye, Casey Hall, Gu Li, Yelin, Ankur Banerjee, Anne Marie Roantree, Brenda Goh, Muralikumar Anantharaman Organizations: HK, Pictet Asset Management, Tencent Holdings, Artificial Intelligence, REUTERS, UBS, Tiger Research, Union Bancaire, Hong, Thomson Locations: HONG KONG, China, Hong Kong, Asia, U.S, Singapore, Washington, Hangzhou, Shanghai, Alibaba, Union, Yelin Mo, Beijing

The drop, potentially its biggest one-day fall in more than a year, wiped about $20 billion off the Chinese tech giant's market value. It was the first market reaction in Asia since the stunning strategy reversal was announced late on Thursday. "The cancellation of a full spin-off of AliCloud is a negative surprise," said Nomura analyst Shi Jialong in a note. The company said it will press ahead with a listing of Alibaba's logistics arm, Cainiao, which applied for a Hong Kong initial public offering in September. Reporting By Donny Kwok and Josh Ye in Hong Kong, Casey Hall and Gu Li in Shanghai; Writing by Anne Marie Roantree and Brenda Goh; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Aly, Group's, Nomura, Shi Jialong, Alibaba, Jack Ma, Kenneth Fong, Joseph Tsai, Bo Pei, Eddie Wu, Donny Kwok, Josh Ye, Casey Hall, Gu Li, Anne Marie Roantree, Brenda Goh, Muralikumar Organizations: Artificial Intelligence, REUTERS, Hong, Tencent Holdings, HK, UBS, Tiger Research, Thomson Locations: Shanghai, China, HONG KONG, SHANGHAI, HK, Hong Kong, Asia, AliCloud, Washington, U.S, Hangzhou, Alibaba

And after sifting through tons of discounts, we're here with all of the best Prime Day deals on products we love. I've been scouring Amazon Prime Big Deal Day's kitchen section to find Prime Day deals on kitchen items. Displays can vary a lot in performance, so figuring out which Prime Day deals on TVs are worth your money can be tricky. I'm also loving the Prime Day deals on Rivet furniture (read our Rivet review), including 15% off a leather sectional. Be sure to check out our best Prime Day pets deals guide for all our top picks.

Persons: I'm, Lily Alig, I've, — Steven Cohen, Pei, — Samantha Crozier, we've, James, — James Brains, — William Antonelli, Sam Crozier, — Sally Kaplan, Rick Stella, — Lauren Savoie, Zelda, Anker, wimpy Organizations: Amazon Apple, Buyers, Sony WH, Amazon Amazon, Manhattan, Samsung, Amazon The, Casper, Amazon, Amazon Dyson, Amazon Amazon Prime, Garmin, Kindle, Apple Locations: Amazon's

☆ Foxconn founder Gou picks Netflix hit show actress as Taiwan presidential running mate
▼ + stars: | 2023-09-14 | by ( ) www.cnbc.com time to read: +2 min

Terry Gou (L), founder and former chairman of Foxconn and independent Taiwanese presidential candidate, joins his hand with his running mate Lai Pei-hsia during a press conference in Taipei on September 14, 2023. Terry Gou, the founder of major Apple supplier Foxconn , on Thursday said his running mate in Taiwan's presidential election next year would be Tammy Lai, an actress who starred in a high-profile Netflix drama. At a news conference in Taipei, Gou introduced the veteran actress, author and singer Lai as his running mate. She played a presidential candidate in the hit Taiwanese Netflix show "Wave Makers" earlier this year. I told myself that last year I would set no ceiling for myself, and I didn't expect I'd actually be raised up this far," Lai told reporters.

Persons: Terry Gou, Lai Pei, Tammy Lai, Gou, Democratic Progressive Party's, William Lai, Lai Organizations: Apple, Netflix, Democratic Progressive, Kuomintang, Taiwan People's Party Locations: Taipei, Taiwan's, Taiwan

☆ Years after #MeToo first swept the world, Taiwan races to respond
▼ + stars: | 2023-07-28 | by ( Sarah Wu | ) www.reuters.com time to read: +5 min

TAIPEI, July 28 (Reuters) - Six years after the #MeToo movement rose to global prominence and toppled powerful perpetrators of sexual abuse, Taiwan is racing to reform laws and provide training and support as it reckons with its own wave of complaints. The drama mirrored reality two months ago when an allegation of sexual abuse surfaced that was linked to Taiwan's ruling party. Her criticism of the then-head of the Democratic Progressive Party's women's affairs department for dismissing her complaint went viral. COMPANIES RESPOND TOOBusinesses are also responding by investigating complaints and training staff in preventing abuse. Hsieh said he hoped exposure to the movement at a young age would help his daughters develop a sense of equality.

Persons: Lai Pei, Lai, Chen Chien, jou, Tsai Ing, Chen Chao, Lee Yen, jong, Lee, Peng Yen, Liu Jung, jen, Liu, Yu Mei, Yu, Johnson Hsieh, Hsieh, Sarah Wu, John Geddie, Robert Birsel Organizations: Netflix, Facebook, Democratic Progressive, National Taiwan University, Women's Foundation, Reuters, Taiwan Bar Association, Thomson Locations: TAIPEI, Taiwan, Asia, Taipei

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