Nikkei says Toshiba will accept JIP’s $15 billion takeover offer
Toshiba, the Japanese electronics giant, has accepted a takeover offer from a consortium led by private equity firm Japan Industrial Partners (JIP) for around $15 billion, according to reports from Nikkei Asia. The deal, which is expected to be completed in October, will see Toshiba become a private company...
Read more
TikTok CEO Shou Zi Chew promises a firewall to protect user data
TikTok, the popular social media platform known for its short-form video content, has been facing scrutiny over its handling of user data. As concerns grow over the security and privacy of user data, New TikTok CEO, Shou Zi Chew, has promised to implement a firewall to protect user data....
Read more
Shares of GameStop are rising after it posted a surprise profit
GameStop, the American video game retailer that has been the subject of much attention in the financial world in recent months, has posted a surprise profit, causing its shares to rise. The company's stock has been the subject of a frenzy of buying and selling by amateur traders and...
Read more
After discovering malware in some versions, Google suspends Pinduoduo
Recently Google suspends the Chinese e-commerce company Pinduoduo from its Google Play Store after discovering malware in several versions of its app. The suspension came as a shock to many users who rely on the app to make purchases on Pinduoduo's platform. The discovery of malware in the app...
Read more
Ahead of the Fed’s upcoming interest rate decision, Asian stocks are up
In anticipation of the upcoming Federal Reserve interest rate decision, Asian stocks have risen, reflecting a growing sense of optimism among investors. The decision, which is expected to be announced in the coming weeks, has been closely watched by financial markets around the world, with many hoping for clarity...
Read more