Chinese regulators are considering fining Alibaba more than $975 million over anticompetitive practices, the Wall Street Journal reported. At the same time, the government will force Alibaba to end a practice under which the company has penalized merchants for selling items on both Alibaba and rival ecommerce sites. The government is also considering weather to require Alibaba to divest some...
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The Weekend Startups AI
The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
Peloton Announces Job Cuts, Store Closures and Price Hikes
South Korea’s Mirae Asset Management Led $250 million SpaceX Investment
Founder of Crypto Exchange Houbi in Talks to Sell Stake for $1 Billion
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