Chinese e-commerce giant Alibaba has announced to shut down the services of the Xiami Music app. It is a music streaming app. The company said that the app will no longer streaming music online after February 5. The app was considered a great way to listen to online music. The music app was launched around 2008. It was acquired by Alibaba five years later in 2013. Although it was designed to serve the Chinese market, the app saw huge loads from other countries as well. It was also China's one of the most popular platforms for streaming music online. Reports say that it has fallen to the wayside after Alibaba acquired it. Alibaba wanted to compete in the online music market of China with the Xiami app. But it couldn't meet the desired results and decided to discontinue its services. The Chinese online music market is dominated by Tencent Music. It is a subsidiary of tech giant Tencent Holdings. Tencent Music is involved in the business of developing exclusive services in the online music market for China. It is a joint venture between Tencent Holdings and Sweden-based music streaming service Spotify. Tencent Music has multiple apps in China that stream music online. It has over 800 million users of which 120 million are premium subscribers. The Xiami Music app failed to attract music lovers and thus it couldn't gain popularity in the Chinese market. The existing player accounts for nearly 56 percent of the online music market. Xiami Music app accounted for just 1.8 percent of the market share which translates into 11.9 million users. Alibaba's decision to shut shown the app comes close on the heels of Chinese regulators launching an antitrust probe into Alibaba. Its co-founder Jack Ma is also making the headlines as he is rumored to be missing for the last two months. According to Alibaba, users of the Xiami Music app will lose their data once its services are discontinued.

Alibaba Wants To Make Cloud OS Apsara Compatible With Processors As It Eyes Business Expansion In Global Chip Market

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Chinese e-commerce giant Alibaba is aiming at the global chip market. The company said that its cloud computing team is making efforts to push more compatibility. The team is working on adding supports to make Apsara operating system compatible with processors. It could soon become compatible with processors that are based on x86, Arm, RISC-V, and others. The current global chip market is dominated by Intel. Its x86 process for personal computing commands a good market. Its Arm processor is used in mobile devices. Notably, there was a time when the IT ecosystem was defined by chips. However, this changed drastically after cloud computing. It has changed the computing system by helping companies cut the expenditure on server maintenance and other facilities.

Alibaba Cloud’s Intelligence group said that cloud operating system offers to focus on customers and not on other tasks like the heavy lifting of racking and powering servers. It provides high-quality results. Alibaba Cloud is the fastest-growing business for the group. It is the fourth-largest public cloud service in the world. It achieved this feat last year. The company was under immense pressure from investors recently. They worried about the expansion of cloud-computing department’s growth because of the growing competition. They feared bad relationship with the US also affected the growth. This affected Alibaba’s ability to win contracts outside China.

Notably, its investors have focused on cloud computing for a long to drive growth. Its cloud department in recent times has parted ways with a major customer. It was also overlooked by several Chinese government clients. Alibaba Cloud had to go for an overhaul in the organizational structure. Alibaba Cloud has invested billions of dollars into the business. It turned profitable in the last two quarters. The firm topped revenue expectations in the March quarter. However, the group reported a loss after an anti-monopoly fine was slapped on it in the March quarter. In December last year, the Chinese government had launched a probe into Alibaba’s anti-competition practices.

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