Alibaba’s shares slide down after projecting slowing growth

Alibaba’s shares slide down after projecting slowing growth: Alibaba Group Holding shares slide after projecting revenue growth will be slow this year, reflecting post-COVID-19 economic uncertainty at home as well as the potential for U.S.-Chinese tensions to disrupt its business.

Comments

Post a Comment

Popular posts from this blog

Eurotech has carved its niche to address Networking and Communications requirements.

Image
Anuj Jain Managing Director Eurotech Technologies Private Ltd. It is through an innovative approach taken by Eurotech that they have grown today along with the industry. Over the years, they have maintained this lead by constantly innovating and utilizing emerging Networking Technologies to provide their customers with a superior product line. They are engaged in the development of Network Infrastructure products (both active and passive) and have created a successful IT brand “BestNet”. Optimally positioned to address the unique demands of Networking and Communications requirements of enterprises across all the industry verticals, Eurotech undoubtedly has come a long way. Both “Eurotech Technologies” and “BestNet” brands are known worldwide and they are inspired and dedicated to attain customer satisfaction. The brand was also recently honoured as the fastest-growing Brand in IT- Passive Products...
Read more

DCIM gaining momentum with growth of data centers

Image
India may still be far from becoming a major data center hub globally but when it comes to adoption of latest technologies, the country has always remained as the front runner. Shekhar Dasgupta, Founder – Greenfield Software talks to VARINDIA more about the software and how its awareness among customers has slowly taken off - DCIM, as Shekhar Dasgupta, Founder – Greenfield Software puts it is the ERP for the data center that helps to allocate and optimize resources like power, space, cooling, networks and IT resources. But most importantly, it helps preventing wastages. “A key objective of a data center is to have it constantly uptime (99%), which means you need to have huge amounts of redundancy. When it comes to datacenters, redundancy denotes how much extra or spare power the data center can offer to its customers as a back up during a power outage. You will find the term n+1, where n stands for need. So likewise, on the basis of your requirement, you will be needing n+1,...
Read more

CLOUD COMPUTING : Nitin Hiranandani, Director, HP India

Image
CLOUD COMPUTING It can be said without a shadow of doubt that transition of cloud computing from being the latest industry buzz word to an accepted operational expenditure is nearing completion. Cloud has emerged as an IT service that businesses, both enterprises and SMBs, have already adopted or are in the process of evaluating its adoption. The adoption of cloud computing by SMEs is also increasing at a greater pace. According to a survey, it has been found that the number of companies with 10 or fewer employees adopting paid cloud services will triple in the next three years. Concerns around understanding security requirements for cloud services are top of the mind for nearly half of business and technology executives in India. More than half of those surveyed also indicated that they are concerned about how to secure and consume big data. However, for all the benefits cloud computing provides, it cannot be said to have foolproof security. The very nature of cloud makes it more ac...
Read more