By March 2023, Alibaba had lost three quarters of its value from the peak in October 2020, as the e-commerce giant, once seen as China’s answer to Amazon.com, faces questions on whether it can recapture its former glory while dealing with China’s economic slowdown, regulatory scrutiny and fierce competition from old and new rivals.
It was against this backdrop that Alibaba, owner of the South China Morning Post, announced in that same month an overhaul plan to break itself into six independently run entities on top of other smaller units. Read More...
Former BBC presenter Martine Croxall filed a lawsuit against her employer, the British Broadcasting Corporation (BBC). This seems like a great step for Martine, a face familiar to the BBC News channel. It has been more than a year since she left the screen, which made people ask questions and speculate on the possible outcome of this issue.
A big tribunal case London Central will host an employment tribunal on May 1, 2024, for this two-day event. Read More...
Zeng is not alone.
Google Chrome is the most commonly used browser in mainland China, according to various data sources.
Across both desktops and smartphones, Chrome has 36 to 39 per cent of the browser market this year, Baidu analytics shows. In one month, it beat its closest rivals – Microsoft’s Internet Explorer and Tencent Holdings’ QQ Browser – by more than 28 percentage points.
The most recent data from CNCERT, China’s national computer emergency response body, shows a similar story. Read More...