Chinese language authorities examine an e-commerce big, Google could also be tightening its grip on analysis and VCs weigh in on the yr’s largest surprises. That is your (briefer than normal) Every day Crunch for December 24, 2020.
The large story: Alibaba faces antitrust probe
Alibaba faces antitrust probe that’s why China’s State Administration for Market Regulation mentioned that it’s investigating the e-commerce giant over a coverage that forces retailers to promote completely with Alibaba and skip rival platforms JD.com and Pinduoduo.
“Alibaba will actively cooperate with the regulators on the investigation,” the corporate mentioned in an announcement. “Firm enterprise operations stay regular.”
In the meantime, Chinese language authorities have already known as off the preliminary public providing of Alibaba affiliate Ant Group, and the corporate has now acquired one other “assembly discover” from regulators.
Vacation seize bag
Google reportedly tightens grip on research into ‘sensitive topics’ — Reuters, citing researchers on the firm and inside paperwork, reports that Google has applied new controls within the final yr, together with an additional spherical of inspection for papers on sure matters.
Five VCs discuss what surprised them the most in 2020 — The newest episode of Fairness displays on a yr that nobody might have predicted.
Gift Guide: Last-minute subscriptions to keep the gifts going all year — They’re straightforward to order on the final minute, straightforward to present from afar they usually’ll unfold the gifting enjoyable out over weeks and months.
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