Friday, December 29, 2023

JD.com says a Beijing court fined Alibaba ~$141M after finding that Alibaba's Tmall adopted monopolistic practices known as "choosing one from two" (Reuters)

Reuters:
JD.com says a Beijing court fined Alibaba ~$141M after finding that Alibaba's Tmall adopted monopolistic practices known as “choosing one from two”  —  Chinese online retailer JD.com (9618.HK) said on Friday that it won a lawsuit against rival Alibaba (9988.HK) …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...