Japan will join forces with the US and Europe to take on any market abuses by the four Big Tech companies, the new head of its antitrust watchdog said on Monday.
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Hedge funds have pulled back from one of the biggest short positions in US tech stocks in over a decade, in a near-record buying spree of Nasdaq futures last week.
China’s economic recovery from the depths plunged during the Covid-19 pandemic has continued, providing support for a world economy suffering its deepest recession since the Great Depression.
British Airways has been fined £20-million by the UK data protection watchdog over a breach that compromised the personal and financial details of more than 400 000 customers.
Ant Group plans to increase the valuation target for its initial public offering to at least $280-billion due to strong demand. That would make it worth more than three times US banking giant Citibank.
China is set to pass a new law that would restrict sensitive exports vital to national security, expanding its toolkit of policy options as competition grows with the US over access to modern technologies.
Twitter is revising its “Hacked Materials Policy”, which lay at the heart of its enforcement action this week against a controversial New York Post article.
The story of TSMC’s industry dominance steamed ahead unabated on Thursday, with record earnings on the back of booming demand for chips used in smartphones and servers.
The US state department has submitted a proposal for the Trump administration to add China’s Ant Group to a trade blacklist, according to two people familiar with the matter.
US President Donald Trump and his political allies reacted with fury after Facebook and Twitter on Wednesday restricted a New York Post article linking Joe Biden and his son Hunter to a Ukrainian energy company.