Business
Chinese regulators hit e-commerce giant Alibaba with a record 18.2 billion yuan ($2.78 billion) fine on Saturday over practices deemed to be an abuse of the company's dominant market position.
Apr 10, 2021
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Business
Even as US newspapers sink toward an abyss, an unusual bidding war has broken out for a major chain, pitting hedge fund operators against civic-minded billionaires seeking to promote a nonprofit model for the struggling industry.
Apr 1, 2021
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Business
Britain's Prince Harry on Tuesday added to a growing portfolio of post-royal jobs, becoming "chief impact officer" at a San Francisco startup that provides mobile-based coaching, counseling and mentorship.
Mar 24, 2021
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Business
Beijing has asked Chinese e-commerce titan Alibaba to divest its assets in the media sector out of concern over the company's growing public influence, The Wall Street Journal reported Monday.
Mar 15, 2021
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Business
Chinese search engine company Baidu on Thursday said it was seeking as much as $3.6 billion in a secondary listing on the Hong Kong stock exchange.
Mar 11, 2021
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Automotive
General Motors says it's looking for a site to build a second U.S. battery factory with joint venture partner LG Chem of Korea.
Mar 4, 2021
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Business
Internet investor SoftBank Group said Saturday it reached a settlement with WeWork co-founder Adam Neumann and other investors in the office sharing giant, amid reports that the deal would give the ex-CEO an extra $50 million.
Feb 27, 2021
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Business
Reddit, the online bulletin board at the center of the recent stock market frenzy, said Tuesday it had raised some $250 million at a valuation of $6 billion to fuel expansion of the service.
Feb 9, 2021
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Business
What a difference a week has made for video game retailer GameStop, which soared on Wall Street in January only to plummet some 70 percent since Monday.
Feb 3, 2021
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Business
Online trading platform Robinhood, which has seen demand surge amid a social media campaign targeting GameStop and other companies, said on Monday it had raised $3.4 billion to finance its needs.
Feb 1, 2021
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