(Caixin Global) Alibaba Group has launched a customized processor chip that will support its cloud computing business in a push to remain competitive ahead of Amazon and Microsoft. The new…
(CNBC) Shares of Chinese smartphone maker Xiaomi rose over 5% on Tuesday after its CEO said the company will mass-produce electric vehicles in the first six months of 2024. The…
(Businesswire) Digital asset marketplace Bakkt Holdings, LLC has finalized its combination with a blank-cheque, VPC Impact Acquisition Holdings. The combined entity will operate as Bakkt Holdings, Inc. The company’s shares…
(Bloomberg) British gambling software developer Playtech Plc gained almost 60% on Monday on a takeover deal valued at A$5 billion, or $3.7 billion, by Australia’s Aristocrat Leisure Ltd. The Playtech’s…
(FT) US biggest banks are sending mixed market signals as they adopt different strategies in investing in securities in the various government debt markets. Bank of America got a boost…
(Bloomberg) Netflix projects that its highly successful show ‘Squid Game’ will generate about $900 million in value. More than 130 million have reportedly watched the show. The Korean blockbuster show…
(Greenfleetmagazine) Plug Power Inc. unveiled its first HYVIA hydrogen Renault Master Van H2-TECH prototype at the Plug Power Symposium for 2021. Plug Power CEO Andy Marsh says the Renault Master…
(TSMC) TSMC reported a third quarter revenue of NT$414.67 billion, up 16.3% year over year and an 11.4% jump from the previous quarter. Net income was NT$156.26 billion or earnings…
(CRISPR Therapeutics) CRISPR Therapeutics posted positive updated results from the ongoing Phase 1 CARBON trial evaluating the safety and efficiency of CTX110TM, its allogeneic CAR-T cell therapy targeting CD19+ B-cell…
(Bloomberg Law) Koss Corp. rose more than 23% on Tuesday after the Patent Trial and Appeal Board abandoned reviews of patents challenged by iPhone giant Apple Inc. The patent review…
(Reuters) Alibaba’s Jack Ma has reportedly reappeared in Hong Kong, about a year since he avoided the public eye following his strong stance against the Chinese financial regulators. Jack Ma…
(Bloomberg) Apple Inc. is expected to cut iPhone 13 production targets by about 10 million units due to a prolonged chip shortage. The tech giant had projected to produce 90…