Alibaba

Starting this weekend, China celebrates its “open” internet after a year of unprecedented censorship

7 months ago adcity Comments Off on Starting this weekend, China celebrates its “open” internet after a year of unprecedented censorship
On Dec. 3, researchers, business leaders, and government officials from all over the world will head to the scenic town of Wuzhen in east China for the three-day World Internet Conference. Past attendees include Wikipedia founder Jimmy Wales, LinkedIn co-founder Reid Hoffman, Facebook vice president Vaughan Smith—and high-level officials from Russia, Pakistan, and Tajikistan. Despite Read More

Jack Ma has some thoughts on China’s “clean” communism and the US’s divided politics

7 months ago adcity Comments Off on Jack Ma has some thoughts on China’s “clean” communism and the US’s divided politics
Jack Ma is one of China’s most outspoken entrepreneurs. He’ll regularly entertain audiences with stories of his rejection by KFC, his pre-Alibaba days as an English teacher, and words of wisdom for budding entrepreneurs. Yesterday, at a conference in Zhejiang province, he turned his attention to politics (link in Chinese). And amid illustrious praise for Read More

Beijing is evicting its migrants and displacing its e-commerce couriers

7 months ago adcity Comments Off on Beijing is evicting its migrants and displacing its e-commerce couriers
Countless Beijing residents are being forced out of their homes, as the city’s government embarks on a 40-day campaign to demolish “illegal structures” following a deadly fire on Nov. 18 which killed mostly migrant workers. Over the weekend, many migrant workers abandoned their homes in Beijing to seek temporary accommodation in the city as they Read More

The “Lord of the Rings” of Chinese literature is finally being translated into English

7 months ago adcity Comments Off on The “Lord of the Rings” of Chinese literature is finally being translated into English
The world imagined by Chinese writer Jin Yong is one which celebrates loyalty, courage, and the triumph of the individual over a corrupt and authoritarian state—carried out by no less than heroes who fly through trees and deliver deadly blows to their enemies with a single finger. It’s a world familiar to many readers of Read More

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market

7 months ago adcity Comments Off on Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market
Mining Russia has been suffering from a shortage of graphics cards that can be used to mine cryptocurrencies, causing their prices to almost double. However, it was not ordinary households that purchased most of these cards. State-owned Sberbank has come forward, admitted to buying them, and apologized for causing the shortage. Also read: Bitcoin-Based Ethereum Rival Read More