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China’s Government to Take Golden Shares in Alibaba, Tencent

Alibaba Earnings Turnaround Hopes Revived After Shares Rise 60%

Chinese government entities are set to take so-called “golden shares” in units of Alibaba Group Holding Ltd. and Tencent Holdings Ltd., suggesting Beijing is moving to ensure greater control over key players in the world’s largest internet arena.

The discussions are emerging as Beijing prepares to loosen its grip on the sector and move past a bruising crackdown that’s enveloped most every internet sphere for well over a year. That…


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Australian PM concedes election defeat as conservatives ousted after 9-year rule

More classified documents found at Joe Biden’s Delaware home

Tesla and the EV industry get their first recession stress test. Will it be a bust?

Tesla and the EV industry get their first recession stress test. Will it be a bust?