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Analysts said Alibaba's profit may have dropped due to the group's diversification that required investments in new business segments like media, entertainment and cloud computing.

Analysts said on Monday they believed that the initiative in the CNPC would see an improved market focus and a more flexible company, making it more vigorous and competitive in the global marketplace.

Andrew R. Jassy

And finally, for a customer-obsessed company like Amazon, you can’t overlook what people want. And people want to live in Toronto. The fourth-largest city in North America, our regional population is 6.4 million and growing fast.

And the Independent newspaper reported senior MEP Guy Verhofstadt warned Zuckerberg he risks being remembered as "a genius who created a digital monster". Verhofstadt said Facebook should break up its monopoly if it wants to leave scandals in its wake, something that was echoed by German MEP Manfred Weber, who noted Facebook owns rival services, including Instagram and WhatsApp.