Chinese e-commerce giant Alibaba has confirmed plans to split into smaller groups to allow each one pursue independent IPO.
Like many other companies reducing headcounts, mass media company The Walt Disney Company has started dismissing employees. This follows CEO Bob Iger’s announcement in February to lay off 7,000 workers as the company restructures.
Chinese internet company Baidu has unveiled its AI chatbot called Ernie Bot. Baidu explained that its Ernie Bot could generate images, texts, audio, and video from given text prompts.
Bitcoin and Ethereum drop as US financial regulators Intensifies crackdown on crypto projects. The regulatory crackdown was highly anticipated based on the recent White House report to Congress, which called crypto volatile for investment.
As per a legal court filing, some parts of Twitter’s source code have been leaked as Elon Musk‘s Twitter is now seeking information about the responsible person.
