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Alibaba Scraps Cloud Intelligence Group Spinoff Amid Increased U.S. Restrictions on Chip Exports

Alibaba cancels plans to spin off Cloud Intelligence Group due to expanded U.S. chip export restrictions. The Chinese internet giant Alibaba has chosen to abandon its plans for a spinoff…
Posted by cepat November 17, 2023
Posted inMarket

Ford Layoffs Increased at Two Plants, but UAW President Hints at Strike End

In a prolonged standoff that’s been making headlines for over a month now, the United Auto Workers (UAW) are embroiled in a strike against the automotive giants, known collectively as…
Posted by cepat October 22, 2023
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