Tech Crunch

App revenue climbs 23% year-over-year to $21.9B in Q3

Global app revenue continues to climb, thanks to the growth in mobile gaming and the subscription economy. In the third quarter of 2019, consumer revenue grew 22.9% year-over-year from $17.9 billion to reach an estimated $21.9 billion across both the App Store and Google Play
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Wired

The biggest threat of deepfakes isn’t the deepfakes themselves

The mere idea of AI-synthesized media is already making people stop believing that real things are real. It was late 2018, and the people of Gabon hadn’t seen their president, Ali Bongo, in public for months. Some began to suspect that he was ill, or
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Alibaba Cloud

China’s Alibaba aims to double Tmall Global brands with English portal

SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall Global marketplace aimed at merchants, in an attempt to double the number of international brands on the platform to 40,000 in the next three years.

The company said in a statement it wants to make Tmall Global, which currently hosts 20,000 international brands across 77 countries and regions, more appealing and accessible to niche, small- and medium-sized brands from other countries.

The new portal comes as Alibaba is facing lean e-commerce revenue growth, which has been further threatened by the ongoing U.S.-China trade spat, and increased competition from rivals such as recently listed Pinduoduo Inc

“We believe the launch of this English-language website will expedite the process for brands and merchants to introduce their products to Chinese consumers,” said Yi Qian, deputy general manager, Tmall Global.

Initially, interested brands were able to get in touch with Alibaba mainly through trade shows, personal introductions, or its Chinese-language website, the company said.

The new English-language portal, which will assist merchants with tasks such as opening shops on Tmall Global, will eventually be available in other languages such as Spanish and Japanese, the e-commerce giant added.

Source: Reuters

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Reuters is an international news organization. It is a division of Thomson Reuters and has nearly 200 locations around the world. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data.
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