Sunday, February 7, 2021

China issues new anti-monopoly rules putting more pressure on its local tech giants like Alibaba, Tencent, and JD.com (Reuters)

Reuters:
China issues new anti-monopoly rules putting more pressure on its local tech giants like Alibaba, Tencent, and JD.com  —  BEIJING (Reuters) - China's market regulator released new anti-monopoly guidelines on Sunday that target internet platforms, tightening existing restrictions faced by the country's tech giants.



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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...