Google yet to sign up to Indonesia’s new licensing rules – ministry
Google was among the last remaining tech platforms yet to comply with Indonesia’s new licensing rules on Wednesday, ministry data showed, as a deadline loomed which may see their services temporarily blocked in the country.
Meta units agree to Indonesia tech licensing rules amid blocking threat
Meta Platforms Inc’s (META.O) Facebook, Instagram and WhatsApp have signed up to Indonesia’s new licensing rules for tech firms, government records showed on Tuesday, a day ahead of a deadline to comply or risk being blocked.
Analysis: Swiss policy pivot signals exit for big stock and bond investor
From Silicon Valley shares to U.S. and European government bonds, securities that are already under heavy pressure stand to lose a major buyer as Switzerland ends its long-standing policy of recycling euros and dollars into foreign markets.
Disney+ takes on rivals in Middle East streaming market
Disney+ (DIS.N) launched its steaming service in the Middle East and North Africa on Wednesday, vying for market share in a region where the population is young but few people so far use such services.
EXCLUSIVE TikTok plans big push into gaming, conducting tests in Vietnam -sources
TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for a major push into gaming, four people familiar with the matter said.
European stocks down, yen hits 20-year low as US hikes loom
European shares were lower on Tuesday, while yields on 10-year U.S. inflation-linked bonds were close to turning positive for the first time in two years, as the prospect of aggressive Fed tightening to rein in inflation kept investors on edge.
Analysis: Sony launches Game Pass counterattack with subscription service upgrade
Sony Group Corp’s (6758.T) revamp of its PlayStation subscription service is a major step toward levelling the playing field with Microsoft’s rival Game Pass, although holding back new releases may dampen enthusiasm, analysts say.
Amazon.com closes deal to buy MGM movie studio
Amazon.com Inc on Thursday said it had closed its $8.5 billion deal to buy MGM, combining the fabled moviemaker behind “Rocky” and James Bond with the online retailing giant as it looks to draw consumers through more streaming video.
McDonald’s, Coca-Cola, Pepsi, and Starbucks have all halted their operations in Russia
The conflict between Russia and Ukraine has been a cause of tension for the global economy. Russia has always been a major exporter of natural gas, oil, and coal. The majority of Europe’s energy comes from its eastern neighbor. However, following Russia’s invasion of Ukraine, big international food and beverage companies are pulling out. Mc […]
Global tech stocks stage tentative recovery after Meta rout
Tech stocks staged a tentative rebound across financial markets on Friday as stellar results from Amazon (.AMZN) convinced traders not to give up on a sector weakened by a global monetary tightening cycle and the historic crash of Facebook owner Meta.
