Alibaba's gross merchandise value surpassed 372.3 billion yuan ($56.42 billion), but its stock plunged due to China's draft antitrust rules published Tuesday.
Tuesday's announcement marks the end of a 15-year run where Intel processors powered Apple's personal computers, a big shift for the semiconductor industry.
The Biden administration plans to take a serious look at online harassment, leading to potential conflict with companies like Facebook, Twitter and YouTube
China has proposed new regulation on micro-lending which could lead Ant Group to require hold more capital and alter its business model, hurting its valuation.
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