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CVC Capital Partners Ltd
General Atlantic and CVC halt south-east Asia deals as Gaza war boycotts intensify
...Berjaya Food, which operates Starbucks in the country, last month reported a net loss of RM42.6mn in the final three months of 2023, against a net profit of RM35.5mn one year earlier....
April 29, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...Apple said it had removed Meta mobile communications applications WhatsApp and Threads from its online store in China under direction from the country’s internet regulator....
April 19, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthTechnology regulation
Big Tech regulatory crackdown spreads to Asia and Australia
...In Japan, legislation drafted by the country’s Fair Trade Commission does not name specific companies; rather, it focuses on unravelling the duopoly held by Apple and Google owner Alphabet, as their iOS...
May 10, 2024
John Gapper
Convenience stores should make more of themselves
...Japan is a pioneer in seeking the answers to these pressures, but other countries are bound to follow....
February 16, 2024
JD Sports Fashion PLC
JD Sports to deepen US reach with $1bn bid for Hibbett
...Hibbett’s share of 80 per cent stores with street locations fitted well with JDs other brands in the US, which were predominantly destination stores, said Schultz....
April 23, 2024
TikTok Inc
Joe Biden says he supports bill to ban TikTok from US app stores
...With 170mn US users, more than half the country’s population has downloaded TikTok on their devices....
March 8, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
LexTikTok Inc
TikTok ban will accelerate the ‘splinternet’ Premium content
...More countries are attempting to use specific bans and connection blocks to wall off users. In 2016, Russia blocked access to LinkedIn, citing its refusal to store Russian user data in Russia....
May 3, 2024
Apple Inc
Apple shares rise as revenue falls less than feared despite rocky quarter
...It also fined Apple €1.8bn over the rules it applies to rival music streaming services on its App Store....
May 3, 2024
Tesla Inc
Tesla shares surge after Elon Musk secures deal with China’s Baidu
...Tesla had about 7.5 per cent of the EV market in China in the first quarter, and the country is the carmaker’s second-biggest market....
April 29, 2024
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...The law would work by imposing civil penalties on app stores such as Apple’s App Store and Google Play if they distribute or update TikTok....
April 24, 2024
Lok'nStore Group PLC
Lok’nStore agrees £378mn takeover by Belgian-listed rival Shurgard
...Shurgard, which is valued at €4bn and had 301 stores in seven countries at the end of last year, has been on an expansion spree for the past few years, with a particular interest in acquisitions in London...
April 11, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...He is expected to open Apple’s eighth retail store in Shanghai on Thursday and attend the China Development Forum, which starts over the weekend....
March 21, 2024
Apple Inc
Apple pays $12mn antitrust fine into Russia’s state budget
...At the end of 2022, Apple gave up its office in the centre of Moscow, though it still has two legal entities that operate in the country....
January 22, 2024
Elon Musk
Tesla chief Musk meets China’s premier in Beijing
...The country’s national broadcaster reported that Li described Tesla’s business in the country as a “successful example” of economic and trade co-operation with the US — emollient language at a time when...
April 28, 2024
Alibaba
Alibaba to build Vietnam data centre to comply with local storage law
.... ©2024 Nikkei Inc. All rights reserved....
May 9, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Apple Inc
US accuses Apple of building smartphone market monopoly in antitrust case
...Apple changed its policy that prohibited game streaming apps on its App Store earlier this year....
March 21, 2024
Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...But the transaction does not include Eni’s interests in the Irish Sea or UK projects to capture and store carbon dioxide emissions....
April 23, 2024
Disrupted Times
Brussels blasts Big Tech
...Apple and Google-owner Alphabet were accused of favouring their own app stores while Facebook-owner Meta is being probed over its use of personal data for advertising....
March 25, 2024
TikTok Inc
US lawmakers tune out TikTok lobbying to advance bill to ban app
...“I’m sick and tired of hearing that argument when we know that the right thing to do for our country is to tackle this problem.”...
March 8, 2024
Apple Inc
Apple’s revenue growth clouded by worries about China slowdown
...Cook said the Vision Pro launch in the US would be followed by “expansion to other countries later this year”....
February 2, 2024
Inside BusinessRichard Waters
Meta’s gamble on chatbots opens new wave of tech competition
...app stores....
April 25, 2024
Moral Money
Sustainable investors confront political uncertainty Premium content
...In some countries, climate policies are already being set out as election battlegrounds....
January 26, 2024
Due Diligence
Redstone’s new Paramount and Skydance merger offer Premium content
...CVC has also halted the sale of its 21 per cent stake in Malaysia’s QSR Brands, the country operator of KFC and Pizza Hut....
April 30, 2024
News in-depthIran
Thousands of Iranians fall victim to cut-price Apple iPhone scam
...Apple iPhones can be purchased at stores across Iran, although they have to be brought into the country individually or in batches because the California technology giant does not do business there in compliance...
February 23, 2024
TikTok Inc
TikTok’s US revenues hit $16bn as Washington threatens ban
...The $16bn they identified highlights the scale of the group’s operations in the country as Congress seeks to force a sale of the platform to an American buyer....
March 15, 2024

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