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19.03.26 - 22:01
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Micron Warns of Heavy Spending Amid Memory Crunch | Bloomberg Tech 3/19/2026 (Bloomberg)
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Bloomberg's Caroline Hyde discusses Micron earnings as the memory maker plans heavy spending on production to meet demand. Plus, Alibaba says it's aiming to generate $100 billion in cloud and AI revenue within the next five years, even as earnings come under pressure. And, Uber is set to invest up to $1.25 billion in Rivian's robotaxi fleet in the ride-hail company's latest deal. (Source: Bloomberg)...
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19.03.26 - 21:06
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Corey Moran Appointed Chief Marketing Officer of Michael Kors (Business Wire)
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LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the appointment of Corey Moran as Chief Marketing Officer of Michael Kors, effective April 6, 2026.
In this role, Mr. Moran will oversee an integrated marketing organization encompassing brand communications, content creation and consumer data analytics. This new role will help the company increase revenues from customer acquisition efforts by aligning Michael Kors' Jet Set lifestyle image and fashion product storytelling with its data analytics and consumer engagement strategies.
Mr. Moran joins Michael Kors from Google, where he served for almost ten years, most recently as Head of Industry for its Fashion and Luxury segments. Prior to Google, he spent nearly a decade at Coty holding senior marketing roles across a range of luxury and prestige fragrance brands, including Marc Jacobs, Calvin Klein, Chloé, Bottega Veneta, Miu Miu and Balenciaga. Earlier in his career, Mr. Moran held marketing posi...
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19.03.26 - 19:42
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Chinese Firms Benefit From Consumer AI Uptake (Bloomberg)
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Alibaba says it's aiming to generate $100 billion in cloud and AI revenue within the next five years. It comes as China's embrace of OpenClaw-style agentic AI has handed rival Tencent an initial advantage. Jacob Cooke, CEO of WPIC Marketing + Technologies, discusses the AI landscape in China with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)...
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19.03.26 - 13:01
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Alibaba, Tencent Hike Cloud Prices as AI Boom Drives Up Hardware Costs (Caixin)
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Chinese cloud providers including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have raised prices for artificial intelligence (AI) computing and storage services as surging demand for AI collides with higher hardware costs, marking a shift for an industry that has been cutting prices to win market share.... Read more...
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