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Alibaba fined $2.8 billion in China antitrust case

The Chinese authorities imposed a fine of US$2.8 billion on Alibaba after completing an antitrust investigation into suspected monopolistic behavior. The State Administration for Market Regulation investigated the “suspected monopolistic behavior” of e-commerce giants in December, especially its policy of forcing merchants to only sell on their…
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Netflix deal for streaming rights to Sony Movies

Starting next year, all movies released by Sony Pictures will be broadcast exclusively on Netflix after the release of its dramas and home entertainment. The deal was announced on Thursday and included the movies "Mobius", "Uncharted" and…