SHANGHAI (Reuters) – Ant Group is connected to a corruption scandal involving the former party secretary of Chinese technology hub Hangzhou, the Financial Times reported on Friday, citing public records and sources. The newspaper,...
READ MORE
Gloomy Netflix forecast erases much of stock’s pandemic gains
By Lisa Richwine LOS ANGELES (Reuters) -Netflix Inc dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20% and wiping away most of its remaining...
READ MORE
Sony seeks new partners for transformative EV project -executive
By Tim Kelly and Shinji Kitamura TOKYO (Reuters) -Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment...
READ MORE
Pegasus Asia, Tikehau Capital-backed SPAC, debuts in Singapore
By Anshuman Daga SINGAPORE (Reuters) – A special purpose acquisition company (SPAC), backed by European asset manager Tikehau Capital and a holding firm of LVMH Chairman Bernard Arnault, became the second SPAC to list in Singapore...
READ MORE
Twitter debuts hexagon-shaped NFT profile pictures
PALO ALTO (Reuters) – Twitter Inc on Thursday announced the launch of a tool through which users can showcase non-fungible tokens (NFTs)as their profile pictures, tapping into a digital collectibles craze that has exploded over the...
READ MORE
Google U.S. lobbying jumps 27% as lawmakers aim to rein in Big Tech
WASHINGTON (Reuters) – Alphabet Inc’s Google reported 27% higher U.S. lobbying expenditures for 2021 compared to 2020, spending $9.6 million for the year, according to the Senate lobbying disclosure database. That’s far...
READ MORE