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The practice of paying for fake accounts to boost livestream viewer counts and virtual gift purchases is an ‘open secret’ in the industry, experts say. Reasons range from pushing up live streams in recommendation rankings to earning fatter commissions from brands, but regulators are catching on.
China plans to impose “special and innovative regulatory measures” on financial technology behemoths such as Jack Ma’s Ant Group Co to eliminate monopolistic practices and strengthen risk controls.
From Washington to Beijing, governments are trying to strike the right balance between enabling technology innovation and preventing giants like Google and Facebook Inc from suffocating rivals. Now India is experimenting with a framework for financial technology that’s certain to provide lessons worldwide – succeed or fail.
As Asia’s biggest company’s push into European markets takes on greater urgency with Beijing’s crackdown on Internet and fintech giants, it’s learning that what works in China doesn’t always cut it in Europe.
Sixteen lawyers competed against an AI program based on Alibaba Damo Academy’s Alice deep learning framework. AI found more risks in legal contracts than lawyers by themselves, but the best results come from humans and AI working together.
China’s antitrust watchdog fined Alibaba Group Holding Ltd and a Tencent Holdings Ltd unit over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger, signaling Beijing’s intention to tighten oversight of Internet sector deals.
SHANGHAI (Reuters) - Technology giant Alibaba Group Holding Ltd has facial recognition technology which can specifically pick out members of China's Uighur minority, surveillance industry researcher IPVM said in a report.
(Reuters) - Alibaba Group said it will not allow its technology to be used for targeting and identifying specific ethnic groups, following a report that its facial recognition technology can pick out Uighur minorities.
For most high-street retailers, the hard lockdowns across Europe mean they’re missing out on the lucrative holiday shopping period. That’s unless they team up with the enemy.
If you worry about all the waste generated by the annual rush of holiday shopping and gift giving, it’s nothing compared to the mountains of discarded packaging that comes from a single event in China.