Weekly Tech Recap: OnePlus Nord CE4 5G launch, Alibaba's rocket-based delivery plan, Disney's password crackdown, more
Alibaba, the prominent Chinese e-commerce giant, aims to revolutionize global delivery services by exploring one-hour deliveries using a rocket-based system in partnership with Beijing's Epoch Space. Facing fierce competition, especially in its flagship Taobao marketplace, Alibaba seeks to maintain its industry dominance. Previously offering five-day deliveries in key global markets through Cainiao Smart Logistics Network, Alibaba now ventures into rocket-based transportation to further expedite delivery times.
The partnership involves utilizing the cargo cabin of the Yuanxingzhe 1 rocket, featuring innovative designs like a conveyor belt mechanism for parcel loading. Similar to SpaceX's reusable rockets, the Yuanxingzhe 1 is capable of multiple missions, including simulated sea landings. The proposed operational sequence involves a 25-minute journey from eastern to western China, with swift unloading via a conveyor belt upon landing for final distribution to customers.
Disney CEO Bob Iger has announced plans to address password-sharing on the company's streaming platform starting in June. The move aims to consolidate the streaming industry, boost subscriber growth, and improve profitability, with aspirations for double-digit margins. This strategy follows Netflix's success after cracking down on password-sharing, leading to a surge in subscribers.
Iger's announcement follows a proxy battle against activist investors, with a resounding endorsement of the board's strategies, including CEO succession plans. Additionally, Iger hinted at ongoing partnerships for ESPN. The victory strengthens Disney's position as it revitalizes its film and television franchises, pursues streaming profitability, and expands ESPN digitally.
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