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Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownership
Parent company ByteDance on track to become world’s biggest social media group with $120bn in global sales
...Goldman Sachs and Citadel Securities are among a group of 10 large trading groups backing bond pioneer Howard Lutnick’s renewed tilt on CME’s monopoly on the US Treasury futures market....
...Before Thursday’s report the streaming pioneer’s shares had risen 30 per cent this year, significantly outperforming the broader market. The shares fell 7 per cent on Friday....
Strong sales increase pressure on US pioneer to keep crown as top seller of purely electric vehicles
...Japan is a pioneer in seeking the answers to these pressures, but other countries are bound to follow....
Internet regulator orders delisting of two Meta-owned apps over ‘national security concerns’
Once high-flying company gained a $1bn valuation five years ago, but has since struggled to make profits
...Charif Souki, a pioneer of the US liquefied natural gas industry, will receive a payout of more than $8mn after being ousted from project developer Tellurian as the company struggles to get a costly gas...
Video app vows legal battle to prevent effort to separate it from Chinese parent
...It is seen as a pioneer in the application of these antibodies for cancer immunotherapy and neurodegenerative conditions such as Parkinson’s disease....
...The streaming pioneer ended the year with 12.5 per cent revenue growth — a strong rebound from 2022 when it experienced subscriber losses that shook investor confidence in the streaming business model....
The gaming giant once made as much as 5% of its total sales from Blizzard games
Chinese control of a powerful ‘persuasive AI’ tool cannot be tolerated
...Bird Global, the e-scooter rental pioneer, has filed for Chapter 11 bankruptcy protection. The start-up was the fastest ever to reach a “unicorn” valuation above $1bn....
...The Japanese group, a pioneer of digitalisation in bookings for travel, restaurants and hair salons, acquired Indeed, a US jobs site, in 2012 and has been expanding AI services for job searches and matching...
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The chipmaker’s latest purchase makes sense, but the country’s success rate for M&As is lacklustre
And China’s halfhearted stimulus
Investment bank and brokerage boosted by soaring stock and fixed-income trading
Governments need to work with carmakers to reduce the obstacles to adoption
Xi Jinping hopes manufacturing can offset the property slump
Rating agency voices concern as Beijing transitions from property-led growth model
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
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