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Search resuls for: "Raffaele Huang"


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☆ This Western Investor Plans to Stick to China Despite Global Tensions
  + stars: | 2023-07-17 | by ( Alexandra Wexler | Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/prosus-tencents-biggest-shareholder-is-sticking-to-china-18a39779
Persons: Dow Jones
☆ Tesla Joins Chinese Carmakers in Pledge to End EV Price War
  + stars: | 2023-07-06 | by ( Raffaele Huang | Yoko Kubota | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/tesla-joins-chinese-carmakers-in-pledge-to-end-ev-price-war-47223bd9
Persons: Dow Jones
☆ Zuckerberg’s Quest to Re-Enter China Faces Challenge: His Own Words
  + stars: | 2023-07-03 | by ( Newley Purnell | Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/zuckerbergs-quest-to-re-enter-china-faces-challenge-his-own-words-d1457c0
Persons: Dow Jones
☆ China’s ‘Tesla Killer’ Stumbles as EV Price War Takes Toll
  + stars: | 2023-06-26 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chinas-tesla-killer-stumbles-as-ev-price-war-takes-toll-beadc04c
Persons: Dow Jones
☆ Explosion at Barbecue Restaurant in China Kills 31 on Eve of Holiday
  + stars: | 2023-06-22 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/explosion-at-barbecue-restaurant-in-china-kills-31-on-eve-of-holiday-b8bf920a
Persons: Dow Jones
☆ Jack Ma Ally Joe Tsai to Take Helm of Alibaba
  + stars: | 2023-06-20 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/alibaba-says-joseph-tsai-to-take-over-as-chairman-succeeding-daniel-zhang-3bdf7a9
Persons: Dow Jones, joseph, tsai, daniel, zhang
☆ Alibaba Is Replacing Chairman and CEO Daniel Zhang
  + stars: | 2023-06-20 | by ( Raffaele Huang | Yoko Kubota | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/alibaba-says-joseph-tsai-to-take-over-as-chairman-succeeding-daniel-zhang-3bdf7a9
Persons: Dow Jones, joseph, tsai, daniel, zhang
☆ Elon Musk’s Warm Welcome in China Reflects Tesla’s Role in Building Top EV Market
  + stars: | 2023-06-01 | by ( Yoko Kubota | Raffaele Huang | Selina Cheng | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/elon-musk-is-feted-in-china-after-spurring-nations-ev-rise-d0357921
Persons: Dow Jones Locations: elon
☆ Elon Musk Is Feted in China After Spurring Nation’s EV Rise
  + stars: | 2023-06-01 | by ( Yoko Kubota | Raffaele Huang | Selina Cheng | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/elon-musk-is-feted-in-china-after-spurring-nations-ev-rise-d0357921
Persons: Dow Jones Locations: elon
☆ TikTok Delays Full Opening of U.S. Shop
  + stars: | 2023-05-10 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
In March, TikTok CEO Shou Zi Chew responded to lawmakers’ questions about security concerns and potential Chinese government influence over the company. Photo: Chip Somodevilla/Getty ImagesSINGAPORE—TikTok’s Chinese parent has delayed the rollout of its shopping platform in the U.S. as concerns over the video-sharing app’s future deter merchants from joining, dragging on the company’s plans to earn more money from its prize global asset. ByteDance has postponed opening the shop to all sellers, originally intended for early spring, to June at the earliest, people familiar with the matter said. Its actual launch date might get pushed back further because of merchants’ concerns about a possible ban of the app and tepid adoption of live-streaming e-commerce in the U.S., the people said.
☆ U.S. Sanctions Drive Chinese Firms to Advance AI Without Latest Chips
  + stars: | 2023-05-07 | by ( Karen Hao In Hong Kong | Raffaele Huang In Singapore | Karen Hao | ) www.wsj.com   time to read: 1 min
U.S. sanctions are spurring Chinese tech companies to accelerate research to develop cutting-edge artificial intelligence without relying on the latest American chips. A Wall Street Journal review of research papers and interviews with employees found that Chinese companies are studying techniques that could allow them to achieve state-of-the-art AI performance with fewer or less powerful semiconductors. They are also researching how to combine different types of chips to avoid relying on any one type of hardware.
☆ Ant’s Financial License Is in Limbo as China Shakes Up Regulatory System
  + stars: | 2023-05-05 | by ( Jing Yang | Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ants-financial-license-is-in-limbo-as-china-shakes-up-regulatory-system-bda3b474
☆ China Lays Out Strict Rules for ChatGPT-Like AI Tools
  + stars: | 2023-04-11 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/china-lays-out-strict-rules-for-chatgpt-like-ai-tools-32f70c89
☆ Jack Ma’s Life After Alibaba Takes Him to a Fish Farm, Fiji and Beyond
  + stars: | 2023-03-28 | by ( Yang Jie | Raffaele Huang | Jing Yang | ) www.wsj.com   time to read: 1 min
He used to be boss of a tech giant. Now he’s studying fish and rice. The peregrinations of Jack Ma , co-founder of Alibaba Group Holding Ltd., over the past year have included a visit to a Japanese lab specializing in farmed tuna—where the staff didn’t recognize him—and a Dutch university to learn about sustainable food production.
☆ Alibaba to Split Into Six Groups and Explore IPOs in a Departure From Jack Ma Era
  + stars: | 2023-03-28 | by ( Raffaele Huang | Clarence Leong | ) www.wsj.com   time to read: 1 min
Chinese e-commerce giant Alibaba Group Holding Ltd. said it plans to split itself into six independently run companies that could seek separate IPOs, effectively dismantling a business empire built over two decades by charismatic entrepreneur Jack Ma just as the tycoon reappeared in China. The reorganization of one of China’s largest private companies, once valued at more than $800 billion but now worth about a quarter of that, comes after Chinese authorities signaled in recent months they were winding down a sweeping regulatory clampdown aimed at reining in the country’s powerful tech sector.
☆ Alibaba to Split Into Six Separate Groups in Biggest Shake-Up
  + stars: | 2023-03-28 | by ( Clarence Leong | Raffaele Huang | ) www.wsj.com   time to read: 1 min
Alibaba plans to split itself into six independently run entities. Chinese tech giant Alibaba Group Holding Ltd. plans to split its business into six independently run entities, the biggest structural overhaul in its history—announced a day after co-founder Jack Ma was seen back in mainland China after almost a year overseas. Alibaba Group will become a holding company overseen by current Chairman and Chief Executive Daniel Zhang , the company said in a statement on Tuesday.
☆ Why Chinese Apps Are the Favorites of Young Americans
  + stars: | 2023-03-26 | by ( Shen Lu | Karen Hao | Raffaele Huang | ) www.wsj.com   time to read: 1 min
The concern around TikTok in Washington is drawing fresh attention to how Chinese apps have woven themselves into the fabric of young Americans’ lives—and what makes them so popular. Four of the five hottest apps in the U.S. in March were forged in China. Algorithms are often cited as their secret sauce. An often overlooked facet is how cutthroat competition for users at home has given Chinese firms a leg up over Western rivals.
☆ China Hits Back on TikTok, Says It Doesn’t Ask Companies for Foreign Data
  + stars: | 2023-03-24 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
SINGAPORE—China’s Foreign Ministry criticized the U.S. for targeting TikTok and said Beijing would never require companies to illegally gather data and intelligence from overseas, escalating the debate over the popular app a day after its chief executive was grilled in Congress. The U.S. has presumed TikTok’s guilt and unreasonably suppressed the app, even though the government has provided no evidence that TikTok threatens its national security, Mao Ning, a ministry spokeswoman, said Friday.
☆ Tencent Returns to Revenue Growth With Digital-Ad Recovery
  + stars: | 2023-03-23 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
In the past few months, Tencent has secured government licenses for several blockbuster videogames in its pipeline. SINGAPORE—Chinese internet conglomerate Tencent Holdings Ltd .’s quarterly revenue rose 0.5% from a year earlier, backed by rising demand for digital advertisements, as executives said businesses were shaking off the impact from Beijing’s tough pandemic controls. October-December revenue rose to the equivalent of $20.8 billion, the company said Wednesday, after two quarters of contractions.
☆ Tencent Posts Surprise Profit Growth Despite Economic Slowdown
  + stars: | 2023-03-22 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
In the past few months, Tencent has secured government licenses for several blockbuster videogames in its pipeline. SINGAPORE—Chinese internet conglomerate Tencent Holdings Ltd. posted a surprise 12% rise in its quarterly profit from a year earlier, even as China’s weak economy and Beijing’s tough Covid-19 controls during the period dented demand for videogame and advertising markets. October-December net profit was the equivalent of $15.3 billion, boosted by a one-time gain of $12.46 billion from the disposal of food-delivery company Meituan stocks, the company said Wednesday. Revenue rose 0.5%. Both beat expectations of analysts polled by FactSet.
☆ Tencent’s Sales Growth Lifted by Digital-Ad Recovery
  + stars: | 2023-03-22 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
In the past few months, Tencent has secured government licenses for several blockbuster videogames in its pipeline. SINGAPORE—Chinese internet conglomerate Tencent Holdings Ltd .’s quarterly revenue rose 0.5% from a year earlier, backed by rising demand for digital advertisements, as executives said businesses were shaking off the impact from Beijing’s tough pandemic controls. October-December revenue rose to the equivalent of $20.8 billion, the company said Wednesday, after two quarters of contractions.
☆ China Cites Chip Conglomerate’s Former Chief in Corruption Probe
  + stars: | 2023-03-20 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
SINGAPORE—China’s top antigraft watchdog said it uncovered evidence of corruption on the part of the former chairman of chip conglomerate Tsinghua Unigroup Co. and was handing his case over to prosecutors. Zhao Weiguo , 55, was found to have illegally delegated family members and friends to operate Tsinghua Unigroup during his tenure and improperly procured goods and services from companies managed by his associates, China’s National Supervisory Commission said Monday.
☆ Chinese Antigraft Watchdog Lodges Corruption Allegations Against Ex-Head of Chip Conglomerate
  + stars: | 2023-03-20 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
SINGAPORE—China’s top antigraft watchdog leveled corruption allegations against the former chairman of computer-chip conglomerate Tsinghua Unigroup Co. and referred his case to prosecutors. China’s National Supervisory Commission on Monday accused Zhao Weiguo, 55 years old, of improperly buying goods and services from companies managed by his associates and of illegally involving family members and friends in Tsinghua Unigroup’s operations.
☆ TikTok’s Chinese Parent Has Another Wildly Popular App in the U.S.
  + stars: | 2023-03-19 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
One of the hottest apps in the U.S. right now is TikTok’s lesser-known sibling that is also owned by Chinese parent ByteDance Ltd.App trackers show that CapCut, a video-editing tool that helps people quickly create online videos and memes, has been downloaded more in recent weeks than TikTok, the short-video sharing app that has faced rigorous scrutiny in the U.S. over ByteDance’s access to user data.
☆ Baidu’s ChatGPT Rival Launches to Mixed Reviews
  + stars: | 2023-03-17 | by ( Karen Hao | Yoko Kubota | Raffaele Huang | ) www.wsj.com   time to read: 1 min
Baidu CEO Robin Li speaks at the company’s Ernie Bot launch in Beijing on Thursday. BEIJING—At an intimate event space in Baidu Inc.’s Beijing headquarters on Thursday, the Chinese search giant’s Chief Executive Robin Li sought to wow an in-person and online audience by introducing its AI-powered chatbot, Ernie Bot. Over half an hour, Mr. Li showed a series of prerecorded videos of the chatbot—the first real Chinese contender to ChatGPT, developed by San Francisco-based firm OpenAI—answering questions about Chinese literature, solving math problems and generating images and videos.
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