Alibaba's Jack Ma pledges $14.5 mln to help fight coronavirusJanuary 30, 2020 - 17:16 AMT PanARMENIAN.Net - Alibaba co-founder Jack Ma has become the latest technology industry figure offering to help fight the coronavirus outbreak, Bloomberg reports. China’s richest man will donate 100 million yuan ($14.5 million) through his charitable foundation, joining Bill and Melinda Gates in pledging assistance. That’s on top of an offer by his Alibaba Group Holding Ltd. to establish a 1 billion yuan fund and share its artificial intelligence expertise with researchers. “We know that the battle between humanity and disease is a long journey,” the foundation said in a post on its Twitter-like Weibo account. “This money will help various medical research efforts and help disease prevention.” China’s tech industry has responded rapidly to an outbreak that’s infected thousands and killed more than 150 around the globe. Pony Ma’s Tencent Holdings Ltd. donated 300 million yuan of goods and will provide mapping and data services; ride-hailing giant Didi Chuxing is ferrying medical workers in designated vehicles across certain cities; Robin Li’s Baidu Inc. and TikTok owner ByteDance Inc. are contributing financial aid. While Ma and his industry have been accused of foisting extreme overtime on its employees, many companies like Tencent have extended the Lunar New Year holidays by a week or more in the wake of the outbreak. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |