For many who have crossed the digital divide this year, there will be no turning back. The Covid-19 epidemic forced Americans to make a physical swap for the digital world in a matter of months. As retailers learn without stores, business travelers without planes, and workers without office fees, much …
Read More »Why is Alibaba’s stock plunge bad news for Softbank?
The size of the text Getty Images by Charlie Tribune / AFP A sharp drop in shares of Alibaba Group on Thursday came on the heels of news that China is investigating e-commerce giant on issues of antitrust, whose shares have risen. Softbank Group, Japan-based holding company that is Alibaba’s …
Read More »Asian markets are mostly higher, but stocks in China are falling amid Alibaba anti-trust checks.
Asian stocks were mostly higher on Thursday after mixed gains on Wall Street following mixed economics reports. Benchmarks rose in Tokyo, Hong Kong and Sydney. China’s market regulator says it has launched an anti-monopoly probe into e-commerce giant Alibaba Group 9988, after shares in Shanghai fell. -8.13% Baba, + 0.14%, …
Read More »U.S.A. claims Wal-Mart, fueled by opioid crisis
WASHINGTON Trump The Trump administration on Tuesday fired Mart Mart Inc. Claimed on. The Justice Department claims that Walmart seeks to increase profits by reducing its pharmacies and forcing employees to fill prescriptions faster. This makes it difficult for pharmacists to reject invalid prescriptions, enabling widespread drug abuse across the …
Read More »Tech giants in Europe face new rules, backed by huge fines
European officials want new powers to oversee the internal affairs of large tech companies such as Facebook Inc., FB -0.55% The multibillion-dollar leer is backed by threats of fines as they seek to expand their role as global tech implementers. The European Union’s executive branch on Tuesday proposed two bills …
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