East Buy’s CEO fired over dispute with top influencer, reflecting shifting dynamics in Chinese e-commerce
In a turn of events, Chinese live-streaming e-commerce giant East Buy has ousted its CEO, Sun Dongxu, following a public dispute with one of its [more…]
Adobe cancels $20 billion Figma acquisition amid regulatory concerns
In a surprising turn of events, Adobe (ADBE) has called off its planned $20 billion acquisition of the collaboration-software company Figma. This decision comes after [more…]
North Korea fires fifth ICBM this year, heightening regional tensions
In a show of continued defiance against international sanctions and pressure, North Korea fired a long-range missile into the East Sea on Monday, marking its [more…]
Nippon Steel to acquire U.S. Steel in $14.9 billion deal
In a significant move that could reshape the global steel industry, Japan’s Nippon Steel has announced its plan to acquire U.S. Steel in a deal [more…]
Thailand and Japan forge new economic frontiers with Land Bridge mega project
In a significant step towards enhancing economic ties, Thai Prime Minister Srettha Thanakorn addressed the “Thailand-Japan Investment Forum” in Tokyo, organized by the Thailand Board [more…]
JD Logistics expands cross-border express delivery to North America and Europe
In a strategic move to counteract the challenges of a weakening domestic market, JD.com’s logistics unit, JD Logistics (JDL), has unveiled a new consumer-oriented cross-border [more…]
India explores opportunities in resuming Venezuelan oil imports
India, a significant player in the global oil market, is actively considering the prospect of resuming oil imports from Venezuela. Union Oil Minister Hardeep Singh [more…]
Acen Renewables expands footprint in a partnership with Barito Renewables for wind projects in Indonesia
ACEN Corp.’s renewables division, ACEN Renewables International, has embarked on a significant venture with Indonesia-based Barito Renewables to acquire late-stage wind development assets in Indonesia. [more…]
TikTok unveils massive disinformation campaign in Russia-Ukraine war
In a shocking revelation, TikTok, the popular Chinese social media giant, has exposed a vast network of fake accounts spreading disinformation on Russia’s war in [more…]
Ted Leonsis’ game plan to propel a multi-billion sports and entertainment dynasty to Virginia
In a strategic and ambitious move, Ted Leonsis, the visionary owner of the NBA’s Washington Wizards and the NHL’s Washington Capitals, has unveiled plans to [more…]
