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Technology

Alibaba reports Q3 revenue up 2% YoY to ~$35.9B, China commerce revenue down 1% YoY to ~$24.6B, and net income up 69% YoY to ~$6.8B; BABA jumps 6%+ (Arjun Kharpal/CNBC)

[ad_1] Arjun Kharpal / CNBC: Alibaba reports Q3 revenue up 2% YoY to ~$35.9B, China commerce revenue down 1% YoY…

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JD.com plans to launch an "industrial version" of a ChatGPT-like tool called ChatJD for retail and finance, after Alibaba's and Baidu's chatbot announcements (Arjun Kharpal/CNBC)

[ad_1] Arjun Kharpal / CNBC: JD.com plans to launch an “industrial version” of a ChatGPT-like tool called ChatJD for retail…

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Chinese police arrest 63 people accused of laundering up to ~$1.7B using Tether, starting in May 2021, after arresting 1,100+ people on similar charges in 2021 (Arjun Kharpal/CNBC)

[ad_1] Arjun Kharpal / CNBC: Chinese police arrest 63 people accused of laundering up to ~$1.7B using Tether, starting in…

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ASML, the Dutch company that makes chip making equipment, expects US restrictions on exporting high-end chips to China to have "limited" impact on its business (Arjun Kharpal/CNBC)

[ad_1] Arjun Kharpal / CNBC: ASML, the Dutch company that makes chip making equipment, expects US restrictions on exporting high-end…

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Twitter rejects Elon Musk's claim that a $7.75M severance payment to Peiter Zatko violated the acquisition deal, ahead of a shareholder vote on September 13 (Arjun Kharpal/CNBC)

[ad_1] Arjun Kharpal / CNBC: Twitter rejects Elon Musk’s claim that a $7.75M severance payment to Peiter Zatko violated the…

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Apple keeps iPhone 14 prices the same in the US but raises them around the world, including in the UK, Japan, and Germany, due to a strong dollar (Arjun Kharpal/CNBC)

[ad_1] Arjun Kharpal / CNBC: Apple keeps iPhone 14 prices the same in the US but raises them around the…

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Tencent misses with Q2 revenue down 3% YoY to ~$19.78B, its first-ever quarterly decline, due to China's COVID-19 lockdowns and strict gaming regulations (Arjun Kharpal/CNBC)

[ad_1] Arjun Kharpal / CNBC: Tencent misses with Q2 revenue down 3% YoY to ~$19.78B, its first-ever quarterly decline, due…

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Ripple CEO says the company will explore an IPO once its lawsuit with the SEC ends, and Q1 volume for its cross-border payments product was $8B, up 800% YoY (Arjun Kharpal/CNBC)

[ad_1] Arjun Kharpal / CNBC: Ripple CEO says the company will explore an IPO once its lawsuit with the SEC…

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Tether CEO Paolo Ardoino says the company, which issues the USDT stablecoin, reduced commercial paper to 30% of its reserves in Q4 2021, down from 44% in Q3 (Arjun Kharpal/CNBC)

[ad_1] Arjun Kharpal / CNBC: Tether CEO Paolo Ardoino says the company, which issues the USDT stablecoin, reduced commercial paper…

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Huawei reports 2021 revenue dropped 28.5% YoY to $99.9B, its first-ever yearly revenue decline as US sanctions continue, but net profit rose 75.9% YoY to $17.8B (Arjun Kharpal/CNBC)

[ad_1] Arjun Kharpal / CNBC: Huawei reports 2021 revenue dropped 28.5% YoY to $99.9B, its first-ever yearly revenue decline as…

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