(Bloomberg) -- Chinese e-commerce giant Alibaba Group Holding Ltd. let go of 9,241 employees in the three months to June, according to the company’s latest filing.Most Read from BloombergTrump Under Intense Legal Scrutiny After FBI Searches Mar-a-LagoChina Seizes on Pelosi Visit to Set ‘New Normal’ for TaiwanTrump Search Was Unprecedented, But Records Case Will Be ToughSan Francisco ‘Froth is Gone’ as Wealth Fades, Housing SlumpsThe Hangzhou-based firm reported it had just over 245,000 employees
(Bloomberg) -- ByteDance Ltd. has acquired one of China’s largest private hospital chains for about $1.5 billion, deepening a foray into health care via one of the largest domestic tech deals since Beijing’s internet crackdown.Most Read from BloombergTrump Under Intense Legal Scrutiny After FBI Searches Mar-a-LagoTrump Search Was Unprecedented, But Records Case Will Be ToughSan Francisco ‘Froth is Gone’ as Wealth Fades, Housing SlumpsChina Seizes on Pelosi Visit to Set ‘New Normal’ for TaiwanUK