Flash News
JD.com $JD JD.com founder Richard Liu has outlined a strategy to revive the e-commerce giant's growth after a five-year slump. The plan includes significantly accelerating its overseas expansion, especially in Europe (part of the platform could enter the market as early as 2026), expanding its services to include food delivery and hotel and flight booking in competition with Meituan, and expanding its logistics business under the JoyExpress brand in Saudi Arabia.

Microsoft $MSFT Microsoft is preparing to lay off thousands of employees, mainly in its sales department, as part of another wave of cost-cutting measures and a restructuring of its personnel structure aimed at increasing efficiency and supporting investments in artificial intelligence (AI).