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Apple's biggest money spinner is a source of worry for it right now

Apple's earnings warning is an unfortunate reminder that it remain 'the iPhone company'.

Alibaba Group

Feb 19, 2020, 07.40 PM IST

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SoftBank's latest fund wheeze sets off new alarms

SoftBank’s core competence is in a specific sector, technology, and a specific category, late-stage venture capital. It needs to be crystal clear about why it would have an edge in the listed markets. The new offshoot would engage in financial engineering by wrapping listed investments in leveraged structures.

Fast-food companies in China step up 'contactless' pickup, delivery as coronavirus rages

McDonald's has implemented contactless pickup and de...

Activist Paul Singer builds close to $3 billion stake in SoftBank

Singer’s Elliott Management Corp also wants SoftBank to set up a special co...

  • Food stocks in supermarkets ran low shortly after Beijing imposed travel curbs and extended the Lunar New Year holiday to keep factories, offices and other businesses closed in a desperate attempt to prevent the virus from spreading. That also kept trucks off the road, disrupting supplies of food to markets, feed to farmers and poultry to slaughterhouses.

    Masayoshi Son isn’t timid, to be sure. His reputation is built upon decades of courageous bets that netted him, his investors, and his founders billions of dollars. The most famous being Jack Ma and a little e-commerce company that became Alibaba Group Holding Ltd.

    "Why are companies like Amazon and Alibaba adding extra aircraft and flying everywhere, right? If there’s a decline in international trade, I think the traditional measurements such as those of GDP are not sufficient anymore," Ken Allen said.

    Accor said through the 'strategic collaboration' the chain plans to develop a series of digital applications and loyalty programs to improve the consumer and traveler experience over the next five years. The chain said the collaboration will leverage Alibaba’s 700 million consumers across its China retail marketplaces.

    A TikTok stake sale would likely push back any initial public offering for ByteDance. The company has considered an IPO in the US or Hong Kong as soon as next year, but still needs to beef up its international operations and hire a chief financial officer

    Enter Samsung Electronics, which is planning a decade-long, $116-billion push for their business. The South Korean company is investing heavily in the next step in miniaturising semiconductors, a process called extreme ultraviolet lithography (EUV).

    The surge in Ambani’s fortunes this year was fueled by a 40% jump in the shares of his conglomerate RIL.

    China's central bank - the People's Bank of China (PBC) - has stepped up efforts to roll out its Digital Currency Electronic Payment (DCEP) as it seeks to stay ahead of the competition among central banks around the world and help preserve financial sovereignty, state-run Global Times reported.

    A backlash against China’s tech champions in 2019 had begun damping a decade or more of go-go optimism and investment that fueled one of the fastest and largest creations of wealth the world has seen.

    US stocks closed higher on Thursday as investors digested the latest jobs data.

    Paytm had earlier this week announced a USD 1 billion (around Rs 7,173 crore) fund raise led by US-based asset management firm T Rowe Price. Existing investors Alibaba, Softbank and Discovery Capital had also participated in the funding round.

    China’s largest internet finance operator is bankrolling expansions outside of China to arrest slowing growth at home, where it is also battling Tencent Holdings Ltd. for supremacy in mobile payments and finance.

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