Alibaba reports Q1 revenue up 4% YoY to ~$34B, below ~$34.9B est., and net income down 27% YoY to ~$3.4B, after aggressive promotions failed to drive spending (Zheping Huang/Bloomberg)
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Google says its new "affirmative litigation" policy of pursuing hackers and scammers in court, like two Russians behind the 2021 Glupteba botnet, has paid off (Paresh Dave/Wired)
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JD.com reports Q2 net revenue up 1.2% YoY to ~$40.7B, vs. ~$40.9B est., and a ~$1.7B net income, boosted by aggressive price cuts and the 618 shopping event (Harshita Mary Varghese/Reuters)
Quantum Circuits, which aims to make error correction more efficient in quantum computers to help commercialization, raised $60M from the US' In-Q-Tel and more (Jane Lanhee Lee/Bloomberg)