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Alibaba shares dive more than 7% after cloud service called off
Alibaba shares dive more than 7% after cloud service called off
by  AFP

Shares in Chinese e-commerce titan Alibaba tanked more than seven percent at the Hong Kong open Friday after the firm's surprise decision to call off part of its high-profile restructuring because of the US-China chip war. The firm's stock dived 7.13 percent soon after the starting bell in Hong Kong, tracking a collapse in its New York-listed shares.

Amazon to sell new cars next year in US, starting with Hyundai
Amazon to sell new cars next year in US, starting with Hyundai
by  AFP

E-commerce giant Amazon said Thursday it would start selling new automobiles on its platform in the United States next year. Amazon made the announcement at the Los Angeles Auto Show in conjunction with Hyundai, the South Korean auto giant that will be the first brand sold on the site.

Alibaba cancels cloud service spinoff over US chip restrictions
Alibaba cancels cloud service spinoff over US chip restrictions
by  AFP

Chinese e-commerce giant Alibaba said Thursday it was cancelling a planned cloud service spinoff announced this year over US chip restrictions, as it reported results for the third quarter of 2023 that were in line with market expectations.

Musk's X launches court fight with Australian watchdog
Musk's X launches court fight with Australian watchdog
by  AFP

Australia's online safety watchdog said Thursday it was being taken to court by Elon Musk's X in a fight over the platform's failure to outline how it combats child sexual abuse content. Instead, X has taken the case to Australia's federal court.

Snapchat to add in-app Amazon shopping
Snapchat to add in-app Amazon shopping
by  AFP

Amazon on Tuesday confirmed it is partnering with Snapchat-parent Snap to let users of the ephemeral messaging service buy things from the online retail titan without leaving the app.

After Beatles, AI to bring Edith Piaf voice back to life for biopic
After Beatles, AI to bring Edith Piaf voice back to life for biopic
by  AFP

A new biopic on the life of Edith Piaf will use artificial intelligence to allow the French star to narrate her own story, Warner Music and her estate said on Tuesday. "Edith" is "in the final phase of development", sources close to Warner Music France said, but no release date has been scheduled.