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The Latest Breaking News from Canalys

Alibaba Maintains Stronghold Over Chinese Cloud Market: What's Behind The Outperformance

Alibaba Group Holding, Inc.'s (NYSE: BABA) flagship e-commerce business is going through a lean patch, a function of domestic softness and intensifying competition.

Tesla Facing Increasing Competition From These 2 Carmakers: Report

Tesla Facing Increasing Competition From These 2 Carmakers: Report

Tesla, Inc. (NASDAQ: TSLA) is still the leader of the EV industry, but its dominant market positioning is at risk, according to a new report from Canalys.

Volkswagen Threatens Tesla's Throne in Electric Vehicles

Volkswagen Threatens Tesla's Throne in Electric Vehicles

While the Tesla Model 3 was the best-selling electric car in Europe in 2021, Volkswagen was the leading manufacturer of electric vehicles.

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Amazon (AWS) Vs. Microsoft (Azure) Vs. Google: How Cloud Revenues Stacked Up In Q4

The big three cloud vendors outperformed the Big Techs this reporting season. Here's a look at how their cloud businesses fared in the quarter. Cloud Spending Buoyant In Q4: Worldwide cloud infrastructure services spending topped $50 billion in a quarter for the first time in the fourth quarter of 2021, research firm…

Why Are Alibaba Shares Trading Lower Premarket?

The U.S. government is reviewing e-commerce giant Alibaba Group Holding Ltd's (NYSE:BABA) cloud business to determine whether it poses a risk to U.S. national security, Reuters reports. The U.S. focuses on how Alibaba stores U.S. clients' data, including personal information and intellectual property, and whether the Chinese government could gain access to it. …

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