Tuesday April 23, 2024 | Last Update: April 23, 2024 EDT
Jack Ma, the founder and chairman of Alibaba Group Holding Ltd., is in talks to acquire a stake at South China Morning Post (SCMP), a Hong Kong newspaper company, people familiar with the matter told Bloomberg. The move would make Ma the latest Internet tycoon to try and revive the traditional newspaper.
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Elliot Management Corporation has disclosed that they have taken a 6.4 percent stake in Alcoa Inc., according to a report from Reuters.
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