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Tag: Alibaba

Partnerships: Alibaba grabs the Berlin startup Data Artisans

The Berlin startup Data Artisans was officially bought by the Chinese online giant Alibaba. The goal now is to further improve the open-source software Apache Flink in its development. Only recently we have reported on the rumors about the acquisition of Zalando by the Chinese company, now it has secured…

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Don’t look too far away for your success: Your future co-founders may be in college

The success story started at the Technical University of Berlin. Kostas Tzoumas, now CEO of Data Artisans, was a researcher there after earning his doctorate in computer science. At university he met his co-founders Stephan Ewen, Ufuk Celebi, Fabian Hueske, Aljoscha Krettek and Robert Metzger. Together with a TU professor,…

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Which company will become the best provider of cloud infrastructure services?

At first it was the mainframe, then the PC and now it is the cloud in the form of large distributed systems and storage macro units installed in data centers. Applications in the cloud are unstoppable trend and the sector is in fewer and fewer hands. The large distribution companies…

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Amazon preparing to close its e-commerce store in China

Amazon is preparing to close a Chinese online store that serves consumers in mainland China, according to people familiar with the subject. This withdrawal represents a major setback for the company. Other Amazon operations in China, such as Amazon Web Services, Kindle e-books and cross-border equipment that help send merchandise…

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Both Mastercard and Wells Fargo have been actively exploring the benefits of blockchain technology

The main executives of Mastercard and Wells Fargo agreed that the blockchain technology has a long-term potential. But to date it has not been done. Tim Sloan, Managing Director of Wells Fargo, and Ajaypal Banga, Executive Director of MasterCard, agreed that the potential of distributed record technology (DLT) has not…

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Fintechs are opening up in more and more countries

Deutsche Bank and Commerzbank are talking about a possible merger. This is probably due not least to the fact that their stock market value has fallen significantly in recent years. Lower margins, stagnating restructuring efforts and especially at Deutsche Bank. New scandals and scandals have meant that the share prices…

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Alibabacoin no longer wants to use the name Alibaba

The Dubai-based cryptography firm ABBC Foundation has agreed to stop using the name “Alibaba” for its cryptocurrency following a lawsuit filed by Chinese e-commerce giant Alibaba Group.  ABBC Foundation’s decision was made in a settlement after Alibaba’s trial of the crypto start-up for almost a year. The ABBC Foundation, formerly…

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