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The group has already invested in tech - it owns antivirus pioneer McAfee and software firm Landesk - but it remained unclear when it might make an offer
The National Radio and Television Administration said the move was designed to eliminate "online live broadcast chaos", as well as teenagers' addiction to games
"Twitter needs to be transformed as a private company," Musk said in a letter to Twitter chairman Bret Taylor. His offer price of $54.20 a share, represents a 38% premium on its April 1 close
India's cryptocurrency boom has spawned a wave of social media stars who aim to help rookie investors get rich quick.
Gamers in China are only allowed to play titles approved by the government and are not allowed to play with foreigners on foreign servers
The company, which also has Apple and Qualcomm as customers, previously said it expected strong growth to accelerate in coming years
The deal comes amid an increasing number of US-listed Chinese firms also listing in Hong Kong as a regulatory stand-off shows no signs of ending
The consortium includes New Zealand infrastructure investor Morrison & Co and Australian pension scheme Commonwealth Superannuation Corporation
The National Payments Corporation of India tells company it can increase the number of users on its payments service to 100 million from 40 million currently
Legend failed to file timely, complete and accurate disclosures, the Beijing bureau of the China Securities Regulatory Commission said
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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Fintech: The Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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