Friday, April 9, 2021

Alibaba Fined Record $2.75 Billion for Market Abuses in China

Alibaba Group helmed by billionaire Jack Ma has been fined $2.75 Billion in China for violating anti-monopoly rules and abusing its dominant market position. This is the highest ever antitrust fine... https://ift.tt/3d3kogk
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UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its titles are covered, with ~$3K in compensation each (Anushka Chourasia/Reuters)

Anushka Chourasia / Reuters : UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its...