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Investegate |FXCM Group Announcements | FXCM Group: Recently voted Best Zero Commission Broker, FXCM Expands Single Share and Stock Basket Offerings

Recently voted Best Zero Commission Broker, FXCM Expands Single Share and Stock Basket Offerings LONDON and SYDNEY, Australia and JOHANNESBURG, South Africa, April 15, 2021 (GLOBE NEWSWIRE) -- FXCM Group, LLC (“FXCM Group’ or ‘FXCM’), the leading international provider of online foreign exchange trading, CFD trading and related services, is today announcing an expansion of its Single Share CFD and proprietary Stock Basket product lines. Having recently been awarded Best Zero Commissi...
Hong Kong New South Wales United Kingdom Western Cape South Africa City Of

Essential confusion

Essential confusion SUBSCRIBE Well soon meet in your inbox. / Morning Dispatch E-commerce firms have appealed to both the Maharashtra and central governments to lift the state’s ban on delivering non-essential goods. And yesterday evening, authorities in Mumbai clarified that food delivery platforms could continue to operate after 8 pm. Small mercies. Also in today’s letter: PhonePe takes stock E-commerce firms petition govt on Maharashtra curbs E-commerce firms are appealing to the Mahar...
Deepinder Goyal Dharit Shah Ashwini Bhide Jack Ma Chamath Palihapitiya Utsav Somani

Biden Seeks Billions While the Chips Are Down - New Delhi Times - India's Only International Newspaper

April 13, 2021 Share U.S. President Joe Biden is linking his $2 trillion infrastructure spending plan to alleviating a critical shortage of semiconductors. “Chips, like the one I have here — these chips, these wafers are batteries, broadband —it’s all infrastructure,” Biden said in the White House Roosevelt Room on Monday during a virtual meeting with leaders of some of the country’s biggest companies hurt by a global shortage of semiconductors. The goal of the meeting, acco...
United States White House District Of Columbia Brian Deese Scott Lincicome Gina Raimondo

After Alibaba crackdown, Beijing could turn to rival Tencent — Quartz

March 16, 2021 Since November, Alibaba has been at the center of a crackdown by Beijing that has included halting the monster IPO of its fintech affiliate Ant Group, and unveiling new antimonopoly rules for tech giants. The developments have seen tens of billions of dollar wiped off its market cap. But in recent days, fears are deepening that regulatory scrutiny that seemed squarely centered on Jack Ma’s e-commerce and fintech groups could turn to Alibaba’s rival, Tencent. The social media ...
Hong Kong Eric Jing Shen Meng Jack Ma Ant Group South China Morning Post
Source: qz.com

REFILE-INSIGHT-Game of drones: Chinese giant DJI hit by U.S. tensions, staff defections

* About a third of DJI North American staff depart - sources * Company faces geopolitical tensions, hit by U.S. restrictions * Such headwinds risk DJI’s dominance being eroded - sources * But company is a runaway leader in global and U.S. markets SHENZHEN, China, March 8 (Reuters) - Chinese drone giant DJI Technology Co Ltd built up such a successful U.S. business over the past decade that it almost drove all competitors out of the market. Yet its North American operations have been hit by in...
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Bilibili is transforming into China's YouTube as dedicated 'uploaders' look beyond niche anime, comics and games

Avid Bilibili fans known as ‘uploaders’ remain dedicated to the platform for its supportive community, turning it into China’s YouTube as Tencent Video, iQiyi and Youku chase exclusive films and TV shows.
China Tech Big Tech சீனா தொழில்நுட்பம் பெரியது தொழில்நுட்பம்
Source: scmp.com

China's Clubhouse clones all have a fatal flaw — Quartz

February 23, 2021 When Beijing blocked Clubhouse this month, the app’s users in China mourned the end of the brief period of free speech they had experienced on the audio chat app. But the move is also an opportunity for Chinese tech firms to develop their own version of the tool—and already a handful of Chinese counterparts exist. Overall, there are more than 100 teams (link in Chinese) in China exploring products in the area of audio-based social media, according to the CEO of iiMedia Res...
Hong Kong Elon Musk Justin Sun Vladimir Tenev Media Research Chinese Apple
Source: qz.com

'Watching People Become Citizens': Clubhouse's Brief Run in China

April 16, 2021 last updated 13:2 ET Residents taking the ferry stand near a Chinese national flag in Wuhan, China, Jan. 15, 2021 (AP photo by Ng Han Guan). ‘Watching People Become Citizens’: Clubhouse’s Brief Run in China Sometimes springtime comes and goes in a flash. That’s the way things felt early this month, when people who follow China were left agog at the extraordinary flourishing of discussion on Clubhouse, the young but fast-growing app that comb...
Elon Musk Great Firewall Clubhouse China China Clubhouse China Censorship China Dissent

How Tencent and ByteDance weaponised China's anti-monopoly rules

The dispute between Tencent and ByteDance is a dynamic in which there is a danger of a flare-up whenever an emerging power seeks to displace an established one. Although the world has no mediator to settle disputes between established and rising powers, China has and will enact more anti-monopoly laws and regulations.
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