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Alibaba files for HK listing that may raise $20bn

China's biggest e-commerce company Alibaba Group Holding has filed confidentially for a Hong Kong listing that could raise up to $20 billion as early as the third quarter of this year. Alibaba holds the record for the world's largest initial public offering (IPO) with its $25-billion float in New York five years ago.

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Discord abandons Microsoft acquisition talks: Report

Discussion platform Discord, popular among amateur video game players, has halted acquisition talks with Microsoft and is instead considerin...

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