Alibaba Faces Off Against Tencent for Internet Supremacy

Alibaba Faces Off Against Tencent for Internet Supremacy


Freeze body. People who both posted Trump advisor Stephen Miller’s cellphone quantity on Twitter and even simply linked to an article in Splinter journal that included the quantity discovered their accounts quickly suspended. (Splinter’s personal Twitter account was additionally suspended.) Users needed to delete the improper tweets to be reinstated. “It’s against our policies to share other people’s private information on Twitter, including directly linking to that information,” the corporate mentioned.

Start your Xerox machines. Meanwhile, Twitter rival Instagram is copying one other function from one in every of its opponents. The Facebook-owned messaging service announced its new IGTV video app that appears an terrible like a clone of Google’s YouTube. Users will be capable to publish movies as much as one hour in size versus the present one minute restrict.

Start your Xerox machines, chapter 2. Speaking of copying options, film chain AMC Theatres introduced a subscription ticket service referred to as “Stubs-A-List” (no, I can’t clarify what which means) that appears lots like MoviePass, however at a better value level. For $20 a month, subscribers can watch three films per week, to a most of 12 per 30 days.

Villain or hero. Martin Tripp, a former Tesla course of technician is being sued by the corporate over the alleged theft of confidential supplies, together with images and a video of the corporate’s manufacturing techniques, and making false statements to the media. Tesla additionally alleged that Tripp is the worker who hacked the corporate’s manufacturing software program, the act of “sabotage” not too long ago referred to in a tweet by CEO Elon Musk. Tripp tells the Washington Post that he’s a whistleblower attempting to guard the general public from “some really scary things.”

Be the change. Wall Street titan Goldman Sachs mentioned it will invest $500 million in firms led, based or owned by ladies. The program may also assist purchasers make investments immediately in personal, late-stage firms or present seed capital for ladies beginning their very own funds. “Effectively shutting out half the population from conversations at the highest levels of business is holding everyone back,” Goldman chief technique officer Stephanie Cohen mentioned.

You can’t please all the individuals all the time. California lawmakers appear to be shedding help on all sides of their web neutrality efforts. After the state meeting on Wednesday amended a proposed on-line anti-discrimination measure with a number of exceptions sought by telecom firms, each web neutrality supporters and telecom firms blasted the invoice.

Good assist is tough to seek out. One of the main cryptocurrency producers, Stellar, is in talks to accumulate Chain, the San Francisco-based startup constructing blockchain know-how for the monetary business, for $500 million, to be paid in in Stellar’s digital foreign money Lumens. The acquisition could also be motivated extra by the necessity to get Chain’s engineering expertise relatively than its merchandise–a basic acquihire, Fortune experiences.

Show me the cash. Authors, software program builders, and different creators may monitor and accumulate royalty funds immediately utilizing a new blockchain technology introduced by Microsoft and consulting agency EY on Wednesday. “The scale, complexity and volume of digital rights and royalties transactions makes this a perfect application for blockchains,” Paul Brody, EY’s international innovation chief for blockchain, tells Fortune.

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