Alibaba said it would increase the size of its previously announced share buyback program to $15 billion from $10 billion, as the Chinese e-commerce giant reported quarterly revenue slightly below analysts’ consensus. Alibaba’s upsized buyback program—the largest ever in its history—comes as the company, like its Chinese peers, grapples with the recent global selloff of China tech stocks...
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Larry Summers Has a Message for Silicon Valley
Larry Summers has a message to all of us here in Silicon Valley: It’s time to switch up that reading list. “Perhaps pay a little more attention to history relative to science fiction in terms of understanding all the things that the future may hold,” he said during a conversation with me and The Information subscribers Tuesday.
Nvidia CEO Says Generative AI is an ‘iPhone Moment'
OpenAI Temporarily Shuts Down ChatGPT After Privacy Bug Leaks Users’ Chat Histories
New Report to Australian Government Alleges ByteDance Poses Disinformation Threat
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