Chinese tech giant Alibaba has accepted a record penalty imposed by the country’s anti-monopoly regulator.
Regulators slapped a $2.8bn fine after a probe determined that it had abused its market position for years.
Amazon has soundly defeated a landmark union drive that would have established the company’s first US union.
This might not be the end of the saga, as the union said that Amazon took advantage of a broken system, one that is stacked in the favor of employers.
Timestamps
- BABA 02:00
- AMZN 03:30
