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Ant Group’s $34 Billion IPO Suspended by Chinese Regulators
November 3, 2020
Jack Ma’s fintech unicorn has had its record-breaking initial public offering halted after a meeting with Chinese authorities.
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Samsung Back on Top as Global Smartphone Leader
October 30, 2020
After falling behind Huawei earlier this year, resurgent sales have boosted Samsung back to the apex of the global smartphone market.
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US Reportedly Considering Sanctions Against China’s Ant Group
October 15, 2020
The world’s largest fintech unicorn could join Huawei and ByteDance on the Trump administration’s “Entity List”.
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World Trade Organisation to Appoint First Female Head
October 8, 2020
The WTO’s final two candidates for leadership are Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee.
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Nokia Becomes BT’s Biggest Supplier of 5G Equipment
September 29, 2020
The extension of the companies’ partnership will see Huawei equipment replaced across the UK’s 5G network.
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Microsoft’s TikTok Bid Rejected, Clearing Way for Oracle
September 14, 2020
At the eleventh hour, ByteDance turned down Microsoft’s offer to buy the platform, leaving the way open for a deal with Oracle.
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IPO Briefly Makes Bottled Water Entrepreneur China’s Richest Man
September 8, 2020
A record flotation saw Zhong Shanshan’s personal wealth elevated above that of Jack Ma, if only for a few hours.
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Alibaba and Xiaomi Join Hang Seng Index
September 7, 2020
The addition of the two firms reflects the growing influence of Chinese tech giants over Hong Kong’s stock market.
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TikTok CEO Resigns After 100 Days
August 27, 2020
Amid soaring tensions with the US government, the head of TikTok has departed the company only three months into the role.
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Oracle Enters Race to Purchase TikTok
August 19, 2020
In a potential upset for Microsoft’s bid, Oracle has begun talks to buy out the beleaguered social media app.
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China Overshadows America On Fortune Global 500
August 11, 2020
For the first time in the list’s history, Chinese companies have outshone their American peers in the Fortune Global 500 2020.
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Microsoft Eyes TikTok Purchase
August 3, 2020
Should a deal be struck, CEO Satya Nadella could acquire the fastest-growing social media platform in the world.
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