Wednesday, December 23, 2020

China's market regulator announces antitrust investigations into Alibaba, first of its kind for a Chinese internet company, for alleged monopolistic practices (Financial Times)

Financial Times:
China's market regulator announces antitrust investigations into Alibaba, first of its kind for a Chinese internet company, for alleged monopolistic practices  —  Probe into country's biggest tech group is one of the first of its kind for the internet sector



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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...