Alibaba stories
Alibaba Group Holding has launched its first two self-designed and self-built data centers in Hebei Province, China.
Demand for cloud services grows as worldwide expenditure reaches $10bn in Q3 2016, with AWS leading the market.
Alibaba Cloud has launched a global marketplace and AliLaunch program for technology partners, which will give partners access to the Chinese market.
eCommerce and m-commerce heavyweight Alibaba Group is heading down under to ANZ, with plans to open a local Melbourne office in in late 2016.
Alibaba Cloud announced last month that its data center operations will be expanding, with a second availability zone in Singapore.
Alibaba Group and SoftBank have commenced a joint venture to launch SB Cloud Corporation in Japan, bringing cloud services to the region.
Alibaba's quest for global expansion faces stiff competition in Europe and North America, marking it a 'long-term play' in the digital market.
By growing internationally AliPay will be less at the mercy of Chinese regulators and better able to support Alibaba's global ambitions.
Yahoo will return US$3.65bn to shareholders after closing the deal with Alibaba Group. New CEO Marissa Mayer made the announcement.
Wellington's Weta Workshop is set to play a pivotal creative role in creating Magic Leap's Mixed Reality LightfieldTM technology.