Alibaba Group

China is reportedly considering permission for ByteDance and Alibaba to purchase new Nvidia chips, according to The News International. The move would affect two of the country's largest technology groups, whose access to advanced American semiconductors has been constrained amid ongoing US-China tensions over chip exports. The report does not confirm that approval has been granted, and Beijing has not commented publicly on the deliberations.

Brooklyn Sports & Entertainment has named Alibaba Group an official technology and cloud partner of the Brooklyn Nets. The NBA franchise announced the partnership, making the Chinese e-commerce and cloud computing company a technology provider for the team as it expands its commercial ties with global brands.