Energy News  
TRADE WARS
Hiring not part of Alibaba pledge to create US jobs
by Staff Writers
Laguna Beach, United States (AFP) Oct 17, 2017


Alibaba executive vice chairman Joseph Tsai said Tuesday he expects to boost US jobs by expanding the Chinese firm's e-commerce platform -- not by hiring American workers.

Tsai, speaking at a California tech conference, made the comments to follow up on a headline-grabbing pledge earlier this year by Alibaba founder Jack Ma and US President Donald Trump that the Chinese internet firm would create one million US jobs.

The pledge by Ma was seen at the time as more of a public relations move than a promise to hire in the US.

When asked what Alibaba was doing to deliver on the promise, Tsai responded that giving merchants in China an online platform to boost sales indirectly created tens of millions of jobs in that country.

"We believe we can bring the same idea -- bring a platform here to let American companies sell to Chinese consumers," Tsai said during an on-stage interview at the WSJD Live conference in Laguna Beach, California.

"It is not direct job creation in (that) we are going out and hiring employees. Given the leverage here, we think that is how we can go out and create a million jobs."

Alibaba boasts more than a half-billion customers, most of them using mobile devices. Sometimes referred to as the Amazon of China, Alibaba is a force in e-commerce, cloud computing and digital entertainment.

"Our peer in the US, Amazon, they seem to have gobbled up a whole lot of foods," Tsai responded playfully when asked whether Alibaba was out to "eat everything" when it came to expanding into new markets.

"Maybe, if you look at that you can find some mirror image of what we are doing."

For now, Alibaba is still "swimming in its own little pond," and its international expansion is focused on enabling its customers in China to do business abroad, according to Tsai.

It faces dominant local competitors such as Amazon and eBay.

China's largest online shopping portal went on the defensive after the office of the US Trade Representative put its massive electronic sales platform Taobao on its annual blacklist, saying it was not doing enough to curb sales of fake and pirated goods.

Although inclusion on the blacklist carries no penalties in itself, it dealt a blow to Alibaba's efforts to improve its image and boost international sales.

TRADE WARS
US moves closer to EU position on taxing tech giants
Washington (AFP) Oct 14, 2017
Washington is softening its position on European plans to impose taxes on US tech giants such as Apple and Google, officials said this week. The evolving attitude in recent days would mark a stark shift from American officials' frustration at previous efforts by European authorities to collect taxes from Silicon Valley firms. "The United States is open to considering the matter and they ... read more

Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
'Fuel-secure' steps in Washington counterintuitive, green group says

SLAC-led project will use AI to prevent or minimize electric grid failures

Scientists propose method to improve microgrid stability and reliability

ADB: New finance model needed for low-carbon shift in Asia

TRADE WARS
A new miniature solution for storing renewable energy

'Air-breathing' battery could cut costs of renewable energy storage

Low-cost battery from waste graphite

Sodium could replace lithium for more cost-efficient battery storage

TRADE WARS
Huge energy potential in open ocean wind farms in the North Atlantic

OX2 hands over Ajos wind farm to IKEA Finland

Wind farms in Atlantic could power the world: study

Germany gets economic lift with wind energy

TRADE WARS
Solar panels shine in darkest Amazon, the 'last frontier'

Sandia scientists find the optimal way to mop up surplus solar flux on CSP towers

Solar power a clear leader, IEA report finds

Futuristic solar-powered Dutch family car hailed 'the future'

TRADE WARS
Greenpeace fireworks shine light on French nuclear safety concerns

Japan government, TEPCO liable for Fukushima crisis: court

French, Belgian nuke plants vulnerable to attack: Greenpeace

New 'molecular trap' cleans more radioactive waste from nuclear fuel rods

TRADE WARS
Converting carbon dioxide to carbon monoxide using water, electricity

Breaking down stubborn cellulose

Breakthrough in direct activation of CO2 and CH4 into liquid fuels and chemicals

NGOs slam UN aviation agency plan for biofuels

TRADE WARS
Geopolitical risk adds big premium to oil prices Monday

EU launches expert mission to Iraq

Amid fighting, Kurdish oil payments continue

Maduro claims landslide win in disputed Venezuela elections

TRADE WARS
'Plan B': Seven ways to engineer the climate

British government unveils green spending plans

As Paris climate goals recede, geoengineering looms larger

Cheaper to invest in climate change fight than to rebuild; EPA chief rolls back US plans









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.