Tech In Depth

Alibaba, Tencent, and ByteDance Offer AI Red Packets to Lure Users

Vouchers and subsidies aim to boost subscriber numbers
Alibaba’s headquarters in Hangzhou, China.Photographer: Qilai Shen/Bloomberg
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Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Gao Yuan provides an update on China’s domestic AI contest.

Workday changes CEO: The software company’s co-founder Aneel Bhusri is replacing Carl Eschenbach as chief executive officer after Workday’s stock plunged 44% over the past 12 months.