Search results for "big tech"

China to Order Cybersecurity Reviews for Some Firms Seeking Overseas Listings

China said on Tuesday it would put in force new rules that will boost oversight over how its platform companies make plans to list abroad or use recommendation algorithms, in moves set to tighten Beijing’s grip over its sprawling technology sector. The Cyberspace Administration of China (CAC) said it would from Feb. 15 implement new […]

Asia stock markets mixed after Wall St high, virus surge

Asian stock markets were mixed Thursday after Wall Street hit a high and new daily U.S. coronavirus cases surged to a record. Tokyo and Seoul declined while Shanghai and Hong Kong advanced. Wall Street gained Wednesday for its 70th record high of 2021. Optimism was tempered by data showing new U.S. virus cases have risen […]

Top NFT Platforms of 2021

Digital assets have never seen a higher rise in popularity than last year, with 2021 being defined by influential shifts in the cryptocurrency market. Artists, musicians, and creators of all sorts, talented or otherwise, are finding additional ways to monetize their works with the advent of these new technologies and the communities that arise from […]

Asian shares mostly slip amid lingering omicron worries

Asian shares mostly slipped Wednesday, as worries lingered about the coronavirus omicron variant’s potential damage to the regional economy following mixed cues from Wall Street. Japan’s benchmark Nikkei 225 lost 0.9% in morning trading to 28,809.86. South Korea’s Kospi slipped 0.9% to 2,993.38, while Australia’s S&P/ASX 200 jumped 1.2% to 7,510.80. Hong Kong’s Hang Seng […]

Asian shares mixed as omicron worries crimp market optimism

Asian shares rose Tuesday, although optimism set off by a rally on Wall Street was dampened by concerns over the potential impact of the omicron variant of the coronavirus. Japan’s benchmark Nikkei 225 jumped 1.4% to finish at 29,069.16. South Korea’s Kospi gained 0.5% to 3,015.63. Hong Kong’s Hang Seng recouped early losses to edge […]

How Doomscrolling shaped the path of the future

COVID-19 came, and with it came the reshaping of human habits. We went from constantly checking our phones for entertainment purposes to the endless scrolling for news updates, be it pandemic-related, politics, or any kind of news that would deliver a higher clarity to where the world was going. November 19, a date will be […]

China Mobile to raise $7.64 billion in Shanghai listing

After losing appeals for being delisted from the New York Stock Exchange (NYSE), state-owned operator, China Mobile Ltd. revealed intentions of raising $7.64 billion in a Shanghai listing on Tuesday. The move will mark the largest equity fundraisings for 2021 and came due to the NYSE decision to adhere to an investment blacklist presented by […]

EU approves 5th COVID-19 vaccine for bloc, one by Novavax

The European Union’s drugs regulator gave the green light Monday to a fifth COVID-19 vaccine for use in the 27-nation bloc, granting conditional marketing authorization to the two-dose vaccine made by U.S. biotech company Novavax. The European Medicines Agency decision to recommend granting conditional marketing authorization for the vaccine for people aged 18 and over, […]