Alibaba, the Chinese tech giant, has recently completed a three-year regulatory “rectification” process after being fined for monopolistic practices in 2021. The State Administration for Market Regulation (SAMR) in China stated that they have been supervising Alibaba’s efforts to become compliant with antitrust regulations over the past few years, with the process yielding positive results.
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The 2024 Venice Film Festival started off with a bang as the highly anticipated Tim Burton-Michael Keaton sequel Beetlejuice Beetlejuice hit the big screen. This event marked the beginning of the 81st edition of the festival, which is set to run until September 7 on the enchanting Lido. As Deadline covered the festival closely, all
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The landscape of tobacco retail is shifting, with new regulations set to have a significant impact on how tobacco products are sold. The FDA has issued a final rule that raises the minimum age for certain restrictions on tobacco product sales, in accordance with the Further Consolidated Appropriations Act signed in December 2019. One of
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Pat Gelsinger, the CEO of Intel, recently spoke at a technology conference in California, acknowledging the difficulties the company has faced in the wake of a disastrous earnings report. He stated that they respect the skepticism from the market and are fully prepared to tackle the challenges ahead. Following the earnings report, Intel’s stock price
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Republican presidential nominee, Donald Trump, is making headlines with the Trump Organization’s new crypto platform, which has recently been rebranded from “The DeFiant Ones” to “World Liberty Financial.” Trump took to social media to share his vision for the United States to become the crypto capital of the world, stating that there are forces trying
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A recent study has uncovered a fascinating connection between the educational attainment of grandparents and the biological aging process of their offspring. This research suggests that socioeconomic status can impact not only the immediate offspring but also the subsequent generation. The study sheds light on the intergenerational transmission of health and prosperity. Our cells undergo
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Salesforce recently reported a significant rise in its shares following the release of robust fiscal second-quarter results that exceeded analyst expectations. The company’s earnings per share were $2.56, adjusted up from the expected $2.36. Revenue also surpassed expectations, reaching $9.33 billion compared to the estimated $9.23 billion. This growth was attributed to an 8% year-over-year
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Best Buy recently announced that it exceeded earnings expectations for the most recent quarter. As a result, the retailer raised its fiscal-year profit guidance, now expecting adjusted earnings per share between $6.10 to $6.35, which is higher than the previous range of $5.75 to $6.20. However, the company did lower the top end of its
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