Alibaba Acquires 18% of China’s Twitter-Like Weibo

April 30 (Bloomberg) -- Alibaba Group Holding Ltd. agreed to buy a stake of about 18 percent in Sina Corp.’s Weibo for $586 million, connecting China’s largest Twitter-like service with the nation’s biggest e-commerce company. Bloomberg's John Dawson reportson Bloomberg Television's "First Up." (Source: Bloomberg)

Trump's Plan to Sell Off Half of U.S. Oil Reserve
51:02 - The White House plan to trim the national debt includes selling off half of the nation’s emergency oil stockpile and the entire backup gasoline supply, part of a broad series of changes proposed by President Donald Trump to the federal government’s role in energy markets. Bloomberg's Jennifer Dlouhy reports on "Bloomberg Markets." (Source: Bloomberg)
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