Chris Tung, Chief Marketing Officer at Alibaba, discusses the company's first official partnership with the International Olympic Committee. This year, Alibaba is the exclusive worldwide partner of the Olympic Games for cloud computing and e-commerce.
Tung says it's been a "fantastic" first experience for Alibaba at the Olympics. Alibaba has been able to showcase its cloud computing power at the games.
President Donald Trump has signed the GENIUS Act into law, setting new regulations for stablecoins, a type of cryptocurrency tied to assets like the U.S. dollar.
The switch from high-fructose corn syrup in Coke sold in the United States would put Coca-Cola in line with its practice in other countries, including Mexico.
