G7 is close to agreement on taxation of world’s largest companies – FT
Group of Seven countries are close to reaching agreement on the corporate taxation of multinationals, clearing the way for a global deal later in the year, the Financial Times reported.
NFT enthusiasts hold firm despite crypto price plunge
This week’s cryptocurrency price plunge eroded the dollar-based value of NFTs and raised the cost of buying and selling them, in what could be a setback for the burgeoning digital asset market. But NFT collectors are not bailing out.
JD Logistics to raise $3.16 bln in Hong Kong IPO -sources
JD Logistics Inc is set to price its shares at HK$40.36 ($5.20), towards the lower end of its indicated range, to raise $3.16 billion in a Hong Kong initial public offering (IPO), two people with direct knowledge of the matter told Reuters.
Cisco forecasts profit below estimates, cites supply chain issues
Cisco Systems Inc (CSCO.O) on Wednesday cautioned that supply chain issues will linger through the end of 2021 and forecast its current-quarter profit below estimates, sending shares of the network gear maker down 5%.
Britain clears $44 bln Virgin-O2 merger to take on BT
Britain’s competition regulator cleared a $44 billion merger between broadband company Virgin Media and Telefonica’s (TEF.MC) UK mobile network O2 on Thursday, after a months-long review.
ByteDance founder to step down as CEO, hand over to college roommate
Zhang Yiming will step down as chief executive of TikTok-owner ByteDance, leaving the task of navigating a rising number of Big Tech regulations worldwide to college roommate, long-time colleague and current human resources head Liang Rubo.
Slate of Google updates boost its smartwatch, work collaboration efforts
Alphabet Inc’s (GOOGL.O) Google on Tuesday unveiled updates across many services, including Maps, Photos and operating systems, as the company showcases its role in a world that has become more digitally connected during the pandemic.
Senate Democrat proposes $52 billion for U.S. chips production, R&D
U.S. Senate Democratic Leader Chuck Schumer unveiled revised bipartisan legislation late Tuesday to approve $52 billion to significantly boost U.S. semiconductor chip production and research over five years.
AT&T set to end media voyage with $43 bln Discovery deal
AT&T (T.N), owner of HBO and Warner Bros studios, and Discovery (DISCA.O), home to lifestyle TV networks such as HGTV and TLC, said they will combine their content to form a standalone global entertainment and media business.
IBM to acquire Salesforce partner Waeg
IBM (IBM.N) said on Tuesday it would buy Waeg, a consulting partner for Salesforce (CRM.N), in a deal that will extend its range of services and support its hybrid cloud and artificial intelligence strategy.
