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Page 57 - அலிபாபா குழு வைத்திருத்தல் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jack Ma: Tencent boss loses $14 billion in rout, more than Jack Ma

Turns out even the most compliant Chinese billionaires aren’t immune to the regulatory onslaught sweeping the world’s second-largest economy. In a twist that has upended conventional wisdom on the political pecking order of China’s business elite, Tencent Holdings Ltd.’s mild-mannered boss, Pony Ma, has lost more paper wealth over the past nine months than Jack Ma, the combative co-founder of Alibaba Group Holding Ltd. and Ant Group Co. The reversal underscores how rapidly Beijing’s crackdown has expanded since authorities scuttled Ant’s initial public offering on Nov. 3. What initially looked like a targeted campaign against China’s most outspoken tech tycoon has since spread to nearly every corner of the industry and beyond, as regulators de-emphasize unfettered growth in favor of other priorities such as data security, financial stability and reduced inequality.

UK considers blocking chip company takeover

UK considers blocking chip company takeover 4 min. today at 07:03 US company Nvidia announced in September a $40 billion deal to acquire Arm, a UK-based semi conductor firm US company Nvidia announced in September a $40 billion deal to acquire Arm, a UK-based semi conductor firm Semiconductors are missing amid high demand Photo credit: Shutterstock The UK is considering blocking a takeover of Arm Ltd. by Nvidia Corp. due to potential risks to national security, according to people familiar with the discussions. Nvidia, the biggest U.S. chip company by market capitalisation, announced in September a $40 billion deal to acquire Arm from Japan’s SoftBank Group Corp., as part of a push to spread its reach in the surging market for semiconductors. SoftBank has been selling assets to raise cash for buybacks and fresh investments in startups.

China s Alibaba misses revenue estimates on the back of crackdown | Business and Economy News

China s Alibaba misses revenue estimates on the back of crackdown | Business and Economy News
aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.

U S Stocks Fall on ADP Job Miss as Treasuries Gain: Markets Wrap

U S Stocks Fall on ADP Job Miss as Treasuries Gain: Markets Wrap
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

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