TNB Tech Minute: Alibaba to Raise $4.5 Billion for Share Buybacks
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 24 May 2024
⏱️ 2 minutes
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| 0:00.0 | There's digging and then there's super digging. This food and then there's baker's super-foods. |
| 0:08.0 | And then there's baker's super foods. Made with selected natural ingredients and tasty chicken. |
| 0:15.7 | The food and then there's Baker Super Foods. |
| 0:19.7 | Here's your TnB Tech Minute for Friday, May 24th. I'm Zoe Thomas for the Wall Street Journal. |
| 0:30.0 | Ali Baba plans to raise $4.5 billion through a convertible bond issue to fund share repurchases, |
| 0:37.3 | following a similar move by rival e-commerce giant JD.com. |
| 0:41.8 | The convertible senior notes maturing in seven years will carry a coupon of |
| 0:46.1 | 0.5 percent, according to the company's filing with the Hong Kong stock exchange. |
| 0:51.7 | The deal could reach $5 billion if the option to purchase additional |
| 0:55.8 | notes is fully exercised. |
| 0:58.7 | Chinese authorities have announced a new chatbot trained on the doctrine known as Shizhin ping thought. That's the Chinese |
| 1:05.7 | leader's 14-point theory which emphasizes socialist values and the party's leadership |
| 1:11.3 | over everything in the country. |
| 1:13.5 | Officially, the Chatbot is meant to provide cybersecurity and information technology research. |
| 1:19.3 | It was designed by China's Cyber Space Academy. |
| 1:22.4 | The Chatbot derives data from seven sources. by China's cyberspace academy. |
| 1:22.5 | The chatbot derives data from seven sources. |
| 1:25.7 | Six are professional databases about technology. |
| 1:28.6 | The other one is the doctrine, which is formerly called Shizhin Ping thought on socialism with Chinese characteristics for a new era. |
| 1:37.0 | And Cabosu, the fluffy face behind the Doge meme has died in Japan. |
| 1:42.0 | She was 18. Cabossu leapt to fame after her owner shared a photo |
| 1:46.8 | online of the Sheba Inu with a baffled wary expression. Her wide-eyed look |
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