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Alibaba's anti-corruption efforts strike hard again

The head of user operations for Alibaba's Xianyu platform was fired for serious violations of data security regulations and is subject to "never being rehired." His violations included privately exporting important platform data to iCloud and accepting paid consulting visits from external organizations. Alibaba has not yet responded to this matter. Xianyu ranks 32nd on the list of mobile app user scale in China, with significant growth in active users born after 2000. Data leaks fall under the "zero tolerance" category for major internet companies

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The first in the country! Qianwen APP integrates Wanxiang 2.6, achieving "role matching" capability

The Alibaba Qianwen APP launched the latest video generation model Wanxiang 2.6 on December 16, and it is open to all users for free. Wanxiang 2.6 is the first video model in China to support role-playing features, with capabilities such as audio-visual synchronization, multi-camera generation, and voice-driven functions. The Qianwen APP has introduced the "AI Theater" feature based on this model, enabling users to co-star in AI short films with friends or celebrities for the first time

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The Hang Seng Index hits a low not seen in over three weeks, tech stocks continue to decline. Analysis: Some funds are prematurely unwinding their yen carry trades | Hong Kong stock market opens

The Hang Seng Index hit a low not seen in over three weeks, closing at 25,235 points, down 393 points or 1.5%. Technology stocks generally fell, with Alibaba down 3% and SenseTime down over 6%. Gold and Bitcoin-related stocks also declined, with Zijin Mining dropping 4.4% and Bitcoin falling below the $86,000 mark. The Ministry of Housing and Urban-Rural Development of China granted local governments autonomy in regulating the real estate market, but this failed to boost the domestic property sector

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Alibaba launches the new generation AI vision model Wan2.6, focusing on the "role-playing" feature

Alibaba launched a new generation visual generation model "Wan2.6", focusing on the "role-playing" feature. Users can generate AI scenes by uploading videos and inputting prompts, achieving audio-visual synchronization and cinematic camera movements. This model enhances image generation and multimodal understanding capabilities, supporting instructions in both Chinese and English, and has been launched on the Alibaba Cloud AI development platform. Alibaba Cloud will hold an online press conference on the 17th to showcase the latest developments of the new model

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XPeng wins Guangzhou L3 road test permit; BABA's Tongyi Wanxiang 2.6 adds role-play capability | Daily News Recap

1216 | Dolphin Research Focus: 🐬 Macros/Industry. The U.S. Bureau of Labor Statistics will release on Tue a closely watched 'combined' Oct–Nov nonfarm payrolls report. Street expects -10k in Oct and +50k to +130k in Nov, with the unemployment rate rising to 4.4%–4.5%, while Gov. payrolls will be weighed by deferred exits under delayed separation plans across Oct–Nov.🐬 Single stocks. 1) $Alibaba(BABA.US) rolled out the Wanxiang 2.6 model suite...

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Posts
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Wear new shoes, walk the old path

It seems to have developed, turned around, and modernized, but once encountering pressure or real constraints, it reverts to the old ways—the practices from the beginn...

$Alibaba(BABA.US) holding my shares and ignoring the noise

The gap has been filled, but it still feels a bit uneasy—seems like everyone is rushing for the exit.

It's continuing its downward trend, which is really worrying—could there be some major hidden risk?

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