Apple is running a big sale on its official Tmall site in China, slashing prices by up to $318 on certain iPhone models. This move is aimed at keeping Apple competitive in the high-end smartphone market, particularly against local competitors like Huawei.

Apple launches aggressive discount campaign on Tmall in China

A tearful Jack Ma formally left Alibaba on Tuesday, donning a guitar and a rock star wig at an event for thousands of employees of the e-commerce giant he founded 20 years ago in a small shared apartment in Hangzhou city in eastern China.

Jack Ma bids tearful farewell to Alibaba with rock star swagger

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