Alibaba and JD make record-breaking sales for Singles Day 2020, YouTube experiences worldwide outage, UK to make changes to intellectual property laws, and more

Chinese e-commerce giants Alibaba and JD.com hit sales totaling $115 billion following the annual Singles Day shopping event. The Chinese economy has shown steady improvement since seemingly controlling the COVID-19 pandemic, which could have improved sales. Typically, Singles Day falls on the 24 hour period of November 11th, but this year, promotions began as early as November 1st. Alibaba reported a whopping $74.1 billion in sales over the eleven-day period, whereas JD reported $40.97 billion in sales. While both companies nearly doubled the prior years’ sales, the record achievement was overshadowed by steep stock falls for both companies.

YouTube experiences worldwide outage

On Wednesday, users across the world were met with error messages when trying to load videos on YouTube.  At 7:23 PM ET, YouTube confirmed that there was, in fact, a problem. “If you’re having trouble watching videos on YouTube right now, you’re not alone – our team is aware of the issue and working on a fix. We’ll follow up here with any updates,” Team YouTube tweeted out. The outage seemed to span across the YouTube Infrastructure’s other services too, including movies and tv shows purchased through Google TV. While they did not disclose the cause of the outage, YouTube hopped back on Twitter around 9 PM ET to announce that the issue was resolved.

UK to make changes to intellectual property laws

Though Brexit has already ushered out the UK from the European Union, there are still plenty of changes to come, including laws regarding immigration, trade, and intellectual property. The UK Intellectual Property Office (IPO) has published a webpage detailing the upcoming changes regarding intellectual property law that will “ensure a smooth departure from the EU IP systems.” These changes will affect trade marks, designs, patents, parallel trade from the UK to the EEA, and unregistered designs. From November 12, 2020, businesses have just 50 days to ensure that they are prepared for the changes otherwise they may risk interruption to business operations.

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