Wednesday, December 23, 2020
China launches antitrust probe into tech giant Alibaba
China has launched an antitrust investigation into Alibaba Group and will summon the tech giant’s Ant Group affiliate to meet in coming days, regulators said, in the latest blow for Jack Ma’s e-commerce and fintech empire. The probe is part of an accelerating crackdown on monopolistic behaviour in China’s booming internet space, and the latest setback for Ma. https://ift.tt/3aDBikY
Subscribe to:
Post Comments (Atom)
IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)
CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...
-
Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
-
Top fintech companies are rushing to tap into this new consumer trend, with several of them offering digital solutions to small merchants. h...
No comments:
Post a Comment