Thursday, April 6, 2023

Sources: Chinese state-owned telecom companies are planning a $500M undersea fiber internet cable network linking Asia, the Middle East, and Europe (Joe Brock/Reuters)

Joe Brock / Reuters:
Sources: Chinese state-owned telecom companies are planning a $500M undersea fiber internet cable network linking Asia, the Middle East, and Europe  —  Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...