Bloomberg Tech

Spain Weighs Placing Conditions on Saudi’s Telefonica Stake Bid

The Spanish government is considering imposing conditions on Saudi Telecom Co.’s acquisition of a 9.9% stake in Telefonica SA similar to those placed on previous deals, such as limits on asset sales and dividend payments, according to a person familiar with the matter.

The Economies Expected to Benefit Most From AI

Artificial intelligence will boost economic growth in the US and other advanced economies more than in China and emerging economies, and will add to global competition between Washington and Beijing.

Alibaba’s Logistics Arm Files for $1 Billion-Plus IPO

Cainiao Smart Logistics Network Ltd., the logistics arm of Alibaba Group Holding Ltd., has filed for its Hong Kong initial public offering, potentially making it among the first of the Chinese e-commerce leader’s units to go public.