Private museums in Jazan offer a window into the region’s cultural past

Private museums in Jazan offer a window into the region’s cultural past

Saudi Arabia’s AlUla, the world’s largest living museum, celebrates International Museum Day The Saudi Royal Commission for AlUla (RCU) celebrates International Museum Day, celebrated annually on May 18, as part of its continuing efforts to reinforce AlUla’s position as the world’s largest living museum and a global cultural destination preserving a legacy of civilization spanning…

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Alibaba shares fall as revenue declines and AI spending weighs on profits

Alibaba shares fall as revenue declines and AI spending weighs on profits

What happened: Shares of Alibaba (BABA) fell 3% premarket on Wednesday before paring losses to less than 1%. What’s behind the measure: The Chinese e-commerce and cloud giant on Wednesday reported a 3% rise in fourth-quarter revenue, missing analyst expectations. Alibaba’s profits were weighed down by increased spending on artificial intelligence initiatives, expanding cloud infrastructure…

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