Don’t make the mistake of thinking that Russia’s invasion of Ukraine is a lamentable but localised crisis, whose consequences will be felt only by people far away. Russian President Vladimir Putin’s war has created perhaps the gravest security crisis of this century, one that will have profound effects around the globe. The pain will be borne mostly by Ukraine, of ...

Alibaba Group Holding Ltd’s slowest quarter on record comes amid a prolonged crackdown on China’s major technology companies. It’s easy to conflate the two. But the increased regulatory burden is overshadowed by even harsher problems. Chief among them: peak customer. It’s a reminder that the country’s burgeoning middle class is no longer easy pickings for high-flying companies with ubiquitous platforms. ...

  Coinbase Global Inc Chief Executive Officer Brian Armstrong has been publicly basking in the positive response to the cryptocurrency-trading platform’s Super Bowl TV commercial. The ad offering new users $15 in free Bitcoin was a marketing bonanza. But while generating buzz is a good thing, getting attention for giving away money won’t fix the major problems with Coinbase’s business. ...