December 18, 2023
Lawmakers Say EU Regulations Unfairly Target US Tech Companies
A bipartisan group of U.S. lawmakers reportedly wrote a letter to President Joe Biden expressing concerns that the European Union’s digital regulations unfairly target American technology companies. The lawmakers argued...
December 12, 2023
Shein Stays at No. 1 in Latest Provider Ranking of...
The holidays are right around the corner, and holiday shopping is in full swing. This edition of PYMNTS’ Provider Ranking of Shopping Apps is here to help you pick the...
December 04, 2023
Legal Practices and Development Direction for Anti-Monopoly Supervision of Data...
By Bing Chen & Yongji Liu1 I. The Current Status of Data-related Monopoly Supervision in China Data has become one of the most important factors of production in the...
November 29, 2023
Richemont Has No Plan to Invest in Luxury Brand Farfetch
Cartier owner Richemont reportedly has no intention of investing in luxury retailer Farfetch. The company made that announcement Wednesday (Nov. 29) following the news that Farfetch could be considering becoming a private company, Reuters...
November 28, 2023
Report: Farfetch Founder José Neves Aims to Take Company Private
The founder of online luxury fashion retailer Farfetch, José Neves, reportedly aims to take the company private. Neves, who has a 15% stake and 77% of the voting rights, is working with...
November 28, 2023
Alibaba Health’s $1.73 Billion Deal to Boost Online Health Store...
Alibaba Health Information revealed a groundbreaking move on Tuesday, announcing a strategic deal worth HK$13.51 billion ($1.73 billion) to acquire certain services of Alibaba’s marketing tool. The deal involves the...
November 17, 2023
This Week in AI: Accelerationism, AGI and the Law
What could you do by your first birthday? Chances are — not much, beyond maybe walking and gurgling a word or two. For generative artificial intelligence (AI), the level of...
November 16, 2023
Alibaba Jettisons Cloud Spin-Off Amid Focus on AI
Chinese tech giant Alibaba says it will not spin off its cloud intelligence business. The decision, announced Thursday (Nov. 16) along with the company’s quarterly earnings, is apparently the result of the U.S....
November 16, 2023
Alibaba Abandons Cloud Business Spin-off Amidst US Chip Export Ban
Alibaba Group Holdings Ltd. has abruptly abandoned its plans to spin-off its cloud business, citing uncertainties arising from the recent U.S. export restrictions on chips integral to artificial intelligence (AI)...
