Business

Alibaba plans to list logistics arm in Hong Kong IPO

Chinese e-commerce giant Alibaba said Tuesday it intends to spin off its logistics arm Cainiao through an initial public offering in Hong Kong as the firm undergoes a massive restructuring.

Business

US Supreme Court treads carefully on landmark tech law

The US Supreme Court on Tuesday heard arguments in a landmark case that could transform the internet by scrapping decades-old legal protections for tech companies, but gave no indication that a clear majority would opt to ...

Business

Google parent suffers 1Q growth slowdown, profit decline

Google's corporate parent on Tuesday posted its slowest quarterly revenue growth since 2020, the latest sign that the huge gains enjoyed by technology companies during the pandemic are fading into the rear-view mirror.

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