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Alibaba Group Holding Ltd led a second day of frenetic selling among China’s largest tech firms, driven by fears that antitrust scrutiny will spread beyond Jack Ma’s Internet empire and engulf the country’s most powerful corporations.
Apple Inc unveiled a watch, two larger iPhones and a mobile payments service on Tuesday as chief executive officer Tim Cook seeks to revive the technology company's reputation as a wellspring of innovation.
Billionaire activist investor Carl Icahn said he had sold his entire stake in Apple Inc, citing the risk of China's influence on the stock.