The bid would mark the latest twist in one of the messiest media mergers in recent history.

Equipment maker reveals deep cuts to production, payrolls to avoid prolonged pain from market slump.

Alibaba delivered weaker-than-expected profit and revenue in the latest quarter as the e-commerce titan focused on getting growth back on track amid fierce domestic competition, a weakened Chinese economy and changing consumer behaviors.

Chinese e-commerce giant JD.com’s second quarter net profit rose 92%, while revenue grew slightly amid fierce competition from Alibaba Group and PDD Holdings.

The country’s largest retailer posted strong sales and higher profits in its latest quarter, and executives said they don’t see signs of fraying demand.

Netflix said it has struck a deal to have CBS Sports produce the two National Football League games the streamer is carrying this Christmas.