Tag: Alibaba

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Alibaba Reportedly Lays Off Dozens in Metaverse Division

Alibaba's metaverse division faces layoffs as its focus switches to AI. Major technology companies are reallocating resources away from the metaverse. Alibaba, the Chinese...

Alibaba Offers its Blockchain Product to the Rest of the World

Chinese conglomerate, Alibaba, is expanding and offering its Blockchain as a Service (BaaS) product to clients in Asia, Europe, and the U.S. It's no secret that...

China Faces Uphill Battle in Their Bid to Block Crypto

While China seems to be working non-stop to banish crypto, the country's virtual currency traders are working just as hard to continue being a...

Chinese Conglomerates Lead Exploration of Blockchain Technology Adoption

Cryptocurrency is anathema in China, but that hasn’t stopped multinational corporations in the country from delving into developing robust blockchain technology solutions. Major Chinese...

Alibaba Loses Lawsuit Over Alibabacoin Trademark Infringement

Alibabacoin has been one of the more confusing projects in the digital currency space. Although it has no ties to Alibaba, it is seemingly...

Ripple Aims to Expand into China Without Help From Local Businesses

It has been a while since we last discussed plans by Ripple the company. Some news has been posted in recent weeks, but nothing...