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...When pressed on the issue, asset managers in the US now emphasise that they are service providers....
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...Even if ByteDance founder and chair Zhang Yiming and the board were willing to sell TikTok at a good price, Beijing might block the deal to avoid “losing face”....
...The move by the San Francisco-based group comes after Facebook parent Meta announced its debut dividend earlier this month, triggering a record leap in its stock price, while home rental site Airbnb expanded...
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...Netflix will report results on Wednesday, with investors expected to focus on whether it plans to increase subscription prices and signs of progress on its new advertising tier....
...Bankrupt crypto lender Celsius operated a “very Ponzi like” scheme to use client assets to control the price of its own token, CEL....
...Reed Hastings, co-chief executive, said account sharing, which has always been a problem at Netflix, is coming into focus....
...As demonstrated by VW’s swoop on Europcar, rental companies are expected to have a big role in the much-vaunted shift to car sharing and other mobility services....
...However, when the car-sharing service failed to turn a profit, Nakhla pivoted to the part of the business that was actually making money: financing....
...and share price for years....
...OneWeb said its plan to launch 648 first-generation satellites to deliver a global broadband service by next year was now 80 per cent funded. 4....
...Ride-sharing service Lyft also reports. In South Korea, Kakao announces fourth-quarter earnings, as the country’s second-largest internet company prepares to list two financial affiliates this year....
...Meanwhile, continuing the theme of the green economy, two former founders of music-sharing platform SoundCloud have launched a new e-bike subscription service called Dance....
...Uber, the ride sharing and food delivery company, plans to launch its ride-sharing air taxi service in the US and Australia in the next few years....
...Although the economics are less favourable than its premium service, accumulating users justified the lower tier service. Turning those ears into profits could come later. “Why link free and paid?”...
...There’s a new focus on IT with a chief technology officer and chief operating officer sharing the task as well as a renewed push on responsible investment....
...“We could then go ahead to widely promote 5G services.”...
...Aboard Air Force One on Friday, Donald Trump vowed to ban TikTok, the hugely popular video-sharing app owned by China’s ByteDance....
...generating profits....
...The purchase price was revised down from the €750m agreed last year as the pandemic has hit revenues and the value of top football clubs....
...The Apple TV+ trial is “likely to have a material negative impact” on average selling price and profits, said Rod Hall, analyst at Goldman....
...While it's boom time for distance working tools in the current crisis, the sharing-economy companies are going to take a hit, warns Alphaville, noting the sharp drop in Uber, Lyft and Grubhub stock prices...
...With such expectations now baked into the share price, anything less could bring a severe stock market reckoning....
...individual users to loan out their clothes — for a profit....
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