Sunday, December 27, 2020

Alibaba raises proposed stock repurchase program by $4B to $10B, but shares slide 5%+ to a six month low in early Hong Kong trading amid antitrust fears (Coco Liu/Bloomberg)

Coco Liu / Bloomberg:
Alibaba raises proposed stock repurchase program by $4B to $10B, but shares slide 5%+ to a six month low in early Hong Kong trading amid antitrust fears  —  - An upsized share buyback program fails to lift Alibaba shares  — It coincides with a harsh clampdown on part-owned Ant Group



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Google appeals the European Commission's DMA mandates to open up Android at the EU General Court, arguing the requirements threaten user privacy and security (Samuel Stolton/Bloomberg)

Samuel Stolton / Bloomberg : Google appeals the European Commission's DMA mandates to open up Android at the EU General Court, arguin...