China fines Alibaba $2.8 billion after antitrust investigation,

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China has hit Alibaba, one of the country’s biggest online retailers, with a record $2.8 billion (18.2 billion yuan) fine, after an investigation found the ecommerce giant violated China’s anti-monopoly law, The New York Times reported. The fine, which represents 4 percent of Alibaba’s 2019 domestic sales, is three times higher than the $975 million fine China imposed on US …

China fines Alibaba $2.8 billion after antitrust investigation, Kim Lyons

In Uncategorized by Kim Lyons

Photo by Fang Dongxu/VCG via Getty Images China has hit Alibaba, one of the country’s biggest online retailers, with a record $2.8 billion (18.2 billion yuan) fine, after an investigation found the ecommerce giant violated China’s anti-monopoly law, The New York Times reported. The fine, which represents 4 percent of Alibaba’s 2019 domestic sales, is three times higher than the …

China fines Alibaba $2.8 billion after antitrust investigation,

In Uncategorized by

China has hit Alibaba, one of the country’s biggest online retailers, with a record $2.8 billion (18.2 billion yuan) fine, after an investigation found the ecommerce giant violated China’s anti-monopoly law, The New York Times reported. The fine, which represents 4 percent of Alibaba’s 2019 domestic sales, is three times higher than the $975 billion fine China imposed on US …

NASA delays Mars helicopter Ingenuity’s 1st flight to April 14, ,

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NASA has delayed the first flight of its Mars helicopter Ingenuity after the vehicle’s last test ended earlier than planned. Ingenuity will now remain planted firmly on the Red Planet’s surface until at least Wednesday (April 14), according to a statement from the agency. The delay comes in response to an anomaly during a test that was meant to see …