Sunday, April 11, 2021
Alibaba says does not expect material impact from antitrust fine, shares rally
Shares in Alibaba Group Holdings Ltd rose as much as 9% in Hong Kong trade as a key source of uncertainty for the company was removed, and on relief the fine and steps ordered were not more onerous. https://ift.tt/3scq0cB
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In China, recent warnings about existential AI risks are seen as distinctly Western or as a ploy to stop Chinese AI companies from overtaking their US rivals (Lily Kuo/New York Times)
Lily Kuo / New York Times : In China, recent warnings about existential AI risks are seen as distinctly Western or as a ploy to stop Chin...
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Amid government scrutiny over its various trade practices, the firm has been able to hold on to a set of consumers looking for cheaper goods...
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Robert Hackett / Fortune : Profile of Kathryn Haun, a former prosecutor who created US' first federal “digital currency task force” a...
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