Eleanor Olcott / Financial time:: Alibaba puts $ 7 billion in Taobao promotions while JD.com invests $ 1.4 billion to…
Trending
- Wise confirms he is under investigation by Belgian prosecutors over suspicions his accounts were used for money laundering involving €500 million in transactions (Simon Lock/TBIJ)
- Salesforce acquires CMS provider Contentful; source: Salesforce paid between $1 billion and $1.5 billion, a steep discount from Contentful’s $3 billion valuation in 2021 (The News)
- Massive defeat for Trump as his militarization fund dies
- Alphabet raises $80 billion in stock, including a $10 billion investment deal with Berkshire Hathaway, to help it raise money for its AI spending plans (Bloomberg)
- Researchers discovered several packages in the @redhat-cloud-services npm namespace containing malware targeting credentials for GitHub Actions, AWS, GCP and others (Rohan Prabhu/Step Security Blog)
- McDonald’s MCD unveils its growth strategy
- Berkshire Taylor Morrison bet suggests housing market has bottomed out
- Union work stoppage threatens GM truck production
