LONDON, Nov 29 (Reuters) – Elon Musk’s declaration of war on Apple (AAPL.O) in a series of tweets on Monday gives Spotify and Fortnite maker Epic Games a powerful ally in taking the tech giant to task over its 30% App Store fees. Musk criticized the fee Apple charges software developers for in-app purchases, and … Read more
Cyber Monday spending to hit $11.6 bln – report Crypto shares fall on BlockFi bankruptcy filing Biogen down after death in Alzheimer drug trial Indexes end: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – US stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked … Read more
FTX bought a 10% stake in IEX with an option to acquire 100% FTX spent $2 billion on ‘acquisitions for regulatory purposes’ Documents show FTX saw its regulatory status as a way of luring new capital from major investors Nov 18 (Reuters) – Before it collapsed this month, FTX stood apart from many rivals in … Read more
Nov 17 (Reuters) – Blizzard Entertainment (ATVI.O) and NetEase (9999.HK) caused dismay among thousands of gamers on Thursday by saying hits such as ‘World of Warcraft’ will not be available in China from next year as a 14 -year partnership ended. NetEase shares closed 9% lower in Hong Kong after Blizzard said it was unable … Read more
Hang Seng surges to best week since 2011 Tech, property stocks lead gains Yuan, commodities, China-sensitive luxury stocks rise SINGAPORE, Nov 4 (Reuters) – Chinese markets soared and the yuan rose on Friday, with about a trillion dollars added to the value of Chinese stocks in week, as rumors and news reports fed hopes for … Read more
HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to raise its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters. China’s largest social network and gaming firm, which bought a … Read more
A Google sign is pictured outside the Google office in Berlin, Germany, August 31, 2021. REUTERS/Annegret Hilse/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI, July 29 (Reuters) – India blocked a popular battle-royale format game from Krafton Inc (259960.KS)a South Korean company backed by China’s Tencent (0700.HK)using a law it … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, July 21, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Walmart cuts profit forecast, drags retailers McDonald’s up as sales, profit top estimates GE jumps on higher profit, Coca-Cola up on forecast raise Indexes … Read more
Tesla shares rise as profit tops expectations AT&T drags down communication services sector Amazon, Apple rise ahead of earnings on July 28 Energy stocks lead sectoral declines Indexes up: Dow 0.51%, S&P 500 0.99%, Nasdaq 1.36% July 21 (Reuters) – Wall Street’s main indexes rose on Thursday boosted by a late-afternoon rally and gains in … Read more