It’s not all roses for Alibaba, as its financial technology (fintech) affiliate Ant Group remains under intense scrutiny from China’s regulators. The planned launch of Ant Group in November was…
Category: Mazzaltov News
Jack’s Giant: Alibaba’s revenue soars
Chinese e-commerce giant Alibaba has posted impressive results for the last quarter of 2020. Jack Ma’s e-commerce giant saw revenues up 37% against the same quarter of 2019 to 221bn…
Amazon Throne: Jeff Bezos to step down as Amazon chief executive
Amazon founder Jeff Bezos is to step down as chief executive of the e-commerce giant that he started in his garage nearly 30 years ago. He will become executive chairman,…
Covid: Pfizer projects $15bn sales of Covid-19 vaccine
Drugs giant Pfizer has said it expects $15bn (£11bn) of sales this year of the coronavirus vaccine it developed with German firm BioNTech. The vaccine was one of the first…
Bad Weather: Huge snowstorm freezes US east coast
A massive winter storm has hit the US east coast, grounding flights, shuttering vaccination sites and bringing New York City to a standstill. By Monday afternoon as much as 19in…
Covid: South Africa eases Covid rules
South African President Cyril Ramaphosa has eased some restrictions imposed due to coronavirus, including lifting an unpopular ban on alcohol sales. Beaches will reopen and limited religious gatherings will be…
Perth: 1st Lock-down now Bushfire?
A bushfire raging outside the Western Australian city of Perth has forced nearby residents to evacuate, as the city remains in a coronavirus lockdown. The blaze, whipped up by strong…
Robinhood? Elon Musk quizzes Robinhood boss over GameStop row on Clubhouse
Tesla boss Elon Musk has grilled trading app Robinhood’s co-founder Vladimir Tenev, about why it limited users to only being able to buy a small number of shares in some…
Old Horses Kick The Hardest: Nintendo Switch sales surge past those of the 3DS
Sales of Nintendo’s Switch gaming consoles have surpassed those of their predecessor – the 3DS – despite being available for a much shorter period. The firm said 79.87 million units…
Friend Request: UK applying to join Asia-Pacific free trade pact CPTPP
The UK will apply to join a free trade area with 11 Asia and Pacific nations on Monday, a year after it officially left the EU. Joining the group of…