Alibaba has agreed to sell its game development unit, Lingxi Games, to Asian private equity firm Trustar Capital, according to an internal staff memo.

Ferrari’s first-ever electric car, the Luce, as controversial as it is, has shattered world records by selling for $40 million at a Sotheby’s charity auction during Monterey Car Week, making it the most expensive new vehicle ever sold under the hammer.

Bidding for “Chassis 0,” the very first production chassis of the Luce, blew far past