Sunday, December 30, 2018

JD.com to restructure JD Mall, the company's main revenue source, into three units after announcing $1B share buyback amid plunging stock price and CEO worries (Shan Li/Wall Street Journal)

Shan Li / Wall Street Journal:
JD.com to restructure JD Mall, the company's main revenue source, into three units after announcing $1B share buyback amid plunging stock price and CEO worries  —  JD Mall, the company's main revenue generator, will be restructured into three business departments



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GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the location and driving data of OnStar subscribers to brokers (David Shepardson/Reuters)

David Shepardson / Reuters : GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the locati...