Thursday, February 25, 2021

Facebook Switches News Back on in Australia, Signs Content Deals

Facebook ended a one-week blackout of Australian news on its popular social media site and announced preliminary commercial agreements with three small local publishers. https://ift.tt/3r0oV7O

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...