(Bloomberg) — Alibaba Group Holding Ltd. ramped up its share buyback program to $25 billion, expanding that arsenal for a second time in less than a year to stanch a $470 billion loss of value during Beijing’s internet crackdown. Most Read from Bloomberg The board of China’s e-commerce leader has approved the program, which will run for two years through to March 2024, the company said in a statement. It also appointed a new independent director in Shan Weijian, chairman of alternative… Source link

No. 5 seed Notre Dame left nothing in doubt advancing to the Sweet 16 on Monday night. The Fighting Irish knocked out No. 4 Oklahoma, 108-64, at the Sooners’ Lloyd Noble Center in the Bridgeport region of the NCAA women’s basketball tournament. The 44-point winning margin is the largest by a team seeded equal to or lower than its opponent, per ESPN Stats and Information. They are the first women’s or men’s team to defeat a better-seeded team by at least 40 points, according to Stats… Source link

Apple has been cutting ties with Russia over its invasion of Ukraine. The iPhone app store still hosts dozens of apps from Yandex, the country’s biggest internet firm. A senior Yandex executive was recently sanctioned by the EU over his close ties to Vladimir Putin. Apple has stopped selling iPhones in Russia and limited the use of its … Source link

Phil Mickelson will not play in the 2022 Masters. The three-time winner of the green jacket is on a sabbatical from golf following inflammatory comments about a proposed new Saudi Arabia-backed golf league. Mickelson’s name did not appear on the list of entrants posted on the Masters’ website, instead listed under the heading of “Past Champions Not Playing.” Golf Digest confirmed that Mickelson will not be playing in 2022. Mickelson is on a self-imposed sabbatical after the February publication… Source link

WASHINGTON— Alphabet Inc.’s Google should be forced to turn over internal emails that it has withheld or redacted in the antitrust case filed against it by state and federal governments, the Justice Department said Monday. In a filing in U.S. District Court, the Justice Department said that Google improperly invoked legal privilege to shield sensitive internal communications, a practice it said has gone on for years. Source link

U.S. equity futures ticked slightly higher heading into overnight trading Monday after hawkish remarks from Federal Reserve Chair Jerome Powell snapped last week’s winning streak on Wall Street. Contracts tied to the S&P 500, Dow Jones Industrial Average and Nasdaq Composite were just above breakeven in extended hours following a choppy session that saw all three indexes close lower to start the week. The Fed’s top leader reiterated in comments at the National Association for Business… Source link

Google has settled with six engineers over claims the company squashed employees’ efforts to organize, as first reported by Motherboard. The specifics of the settlement remain under a non-disclosure agreement, but four of the workers who were allegedly fired out of retaliation for their labor activism in 2019 will not be reinstated, while one still remains employed by the tech giant. Four employees, Rebecca Rivers, Laurence Berland, Paul Duke, and Sophie Waldman, filed labor charges… Source link

Google settles over firing of workers protesting immigration cloud deal | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County … Source link

At the start of the offseason, it seemed the most likely quarterback to switch teams was Jimmy Garoppolo. It’s not like anyone made a secret of a looming trade as the San Francisco 49ers‘ season ended. Yet, Garoppolo is still with the 49ers and there’s no obvious potential landing spot. Monday’s activity included Matt Ryan being traded to the Indianapolis Colts, Marcus Mariota replacing Ryan on the Atlanta Falcons, and Jameis Winston re-signing with the New Orleans Saints. It’s getting late in… Source link

(AP) – A former Google employee sued the tech giant for racial discrimination, saying it engages in a “pattern and practice” of unfair treatment for its Black workers. The suit claims the company steered them into lower-level and lower-paid jobs and subjected them to a hostile work environment if they speak out. April Curley was hired in 2014 to recruit Black candidates for the company. Her lawsuit, filed on Friday in U.S. District Court for the Northern District of California in San… Source link