Xero's "positive" loss | Westpac bans Binance | Alibaba's first spin off

Published: May 21, 2023, 7 p.m.

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Xero, the accounting software, reported a loss over $100 million for the past 12 months, but it\\u2019s actually really really good news.

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The world\\u2019s biggest crypto exchange, Binance, is being banned by Westpac.

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Alibaba has announced its first results since splitting up the company into six units\\xa0 - and its quarterly revenue was quite the disappointment.

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