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Wall Street Journal reports the U.S. Federal Trade Commission (FTC) has warned retailers against using private consumer data to raise prices; firms adopting personalized pricing must disclose the practice or may face litigation.

2026-08-20

Wall Street Journal reports the U.S. Federal Trade Commission (FTC) has warned retailers against using private consumer data to raise prices; firms adopting personalized pricing must disclose the practice or may face litigation.

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2026-08-20

Alibaba Group reported quarter ended June 30, 2026: group revenue rose 9% YoY. Management said Alibaba Cloud's external commercialization revenue growth accelerated to 45% YoY and AI-related product revenue posted triple-digit YoY gains for a 12th co

Alibaba Group reported quarter ended June 30, 2026: group revenue rose 9% YoY. Management said Alibaba Cloud's external commercialization revenue growth accelerated to 45% YoY and AI-related product revenue posted triple-digit YoY gains for a 12th consecutive quarter. The company launched AI productivity platform Qianwen Office. Cloud revenue continues to accelerate; a higher-quality revenue mix and operating leverage lifted group EBITA margin to 12%. Instant retail kept market share while improving efficiency and e‑commerce profits remained steady. Management reiterated disciplined, ongoing investment in full‑stack AI as AI commercialization scales, which it said will increase strategic and financial flexibility.
2026-08-20

On Aug. 20 the Russian Defense Ministry said the Pacific Fleet in a planned exercise struck targets off the Southern Kurils (Japan’s Northern Territories). Targets simulated enemy ships at ranges beyond 300 km. Guided‑missile cruiser Varyag launched

On Aug. 20 the Russian Defense Ministry said the Pacific Fleet in a planned exercise struck targets off the Southern Kurils (Japan’s Northern Territories). Targets simulated enemy ships at ranges beyond 300 km. Guided‑missile cruiser Varyag launched two Vulkan anti-ship missiles and nuclear-powered submarine Omsk fired Granit cruise missiles. The Bastion coastal-defence system on the Kurils also struck with missiles the ministry identified as "Gaomanao".
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