Reaction to Didi Global’s plans to delist from New York

December 3 (Reuters) – The following are reactions to ride-high giant Didi Global (DIDI.N)’s decision to delist from the New York Stock Exchange and pursue a listing in Hong Kong, after succumbing to pressure from Chinese regulators who are concerned about data security. Didi encountered Chinese authorities pushing ahead with its 4.4 billion US IPO … Read more

US FTC sues to block Nvidia deal to buy Arm

SAN FRANCISCO / WASHINGTON, December 2 (Reuters) – The US Federal Trade Commission on Thursday sued to block the US chip company Nvidia Corp (NVDA.O) for more than $ 80 billion planned acquisition of the British chip technology provider Arm, which adds to the already significant global regulatory challenges of the agreement. The FTC said … Read more

Southeast Asia’s Grab setbacks in US debut after record Spac deal

Grab listed Thursday after $ 40 billion. agreement with Altimeter Debut marks the largest listing in the United States of a Southeast Asian company Early backers SoftBank, Didi set for payday bonanza The bell ceremony takes place in Singapore SINGAPORE, December 2 (Reuters) – Shares in Grab, Southeast Asia’s largest travel and delivery company, fell … Read more

EXCLUSIVE Europe’s telecommunications companies want US technology giants to help fund network costs

BRUSSELS, November 29 (Reuters) – US technology giants should bear some of the cost of developing Europe’s telecommunications network because they use them so much, top executives of Deutsche Telekom (DTEGn.DE), Vodafone (VOD.L) and 11 other major IT informs European telecommunications companies on Monday. The call from CEOs comes as the telecommunications industry faces massive … Read more

China asks Didi to delist from US due to security fears – Bloomberg News

SHANGHAI, Nov. 26 (Reuters) – Chinese regulators have asked top executives of ride-highiling giant Didi Global Inc (DIDI.N) to devise a plan to delist from US stock markets for fear of data security, Bloomberg News reported. China’s tech watchdog wants management to remove the company from the New York Stock Exchange due to concerns about … Read more

Telecom Italy’s Board of Directors meets to discuss takeover proposals from KKR

Telecom Italy logo for the TIM brand seen on a building in Rome, Italy, on April 9, 2016. REUTERS / Alessandro Bianchi / File Photo Sign up now for FREE unlimited access to reuters.com Sign up The goal is to separate landlines, run it as a government-regulated asset KKR aims for TIM-Open Fiber network fusion, … Read more

Getaround car sharing company settles with Washington, DC for $ 950,000

The above company and law firm names are automatically generated based on the text of the article. We’ll improve this feature as we continue to test and develop in beta. We welcome feedback that you can provide by using the feedback tab on the right side of the page. WASHINGTON, July 23 (Reuters) – Getaround … Read more

UK to investigate Nvidia’s ARM agreement for national security reasons – The Sunday Times

The logo of the technology company Nvidia will be seen at its headquarters in Santa Clara, California on February 11, 2015. REUTERS / Robert Galbraith / File Photo November 14 (Reuters) – UK ministers are expected to order an in-depth investigation into Nvidia Corps’ (NVDA.O) planned £ 30 billion ($ 40 billion) acquisition of British … Read more

Paytm finds buyers but no blowout demand in India’s largest IPO

The interface to the Indian payment app Paytm is seen in front of its logo shown on this illustration taken on July 7, 2021. REUTERS / Florence Lo / Illustration Remaining shares offered 1.89 times oversubscribed Some investors question valuation, the path to profit Deal is Asia-Pacific’s largest fintech IPO – investor BENGALURU, Nov. 10 … Read more

SoftBank shares jump by 11% with repurchase of DKK 9 billion USD

The SoftBank Corps logo is pictured at a news conference in Tokyo, Japan, on February 4, 2021. REUTERS / Kim Kyung-Hoon Buyback is SoftBank’s second largest ever SoftBank crashed to quarterly losses Shares have lost 40% since the end of the Y2.5 triln program in May Stocks lack catalyst in the midst of China’s repression, … Read more