China’s billionaires want to flee the country, and take $60 billion of wealth with them on their way out

China’s billionaires want to flee the country, and take $60 billion of wealth with them on their way out

Last month, Shanghai-based billionaire Yimeng Huang—the CEO and chairman of gaming company XD—announced in a company memo that he and his family would relocate from China. The note leaked onto the internet and went viral on Chinese social media, sparking netizen discussions on the growing number of prominent businesspeople leaving China. “I’m preparing my family to move abroad by next year. It’s still a plan though, and anything can happen in a year. I’m prioritizing both my… Source link

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Google complies with Indonesia licensing rules, others risk blocking – ministry

Google complies with Indonesia licensing rules, others risk blocking – ministry

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register JAKARTA, July 21 (Reuters) – Indonesia said on Thursday Alphabet Inc’s (GOOGL.O) Google has signed up to its new licensing rules for technology platforms, but warned that companies that had yet to register would be blocked in five working days. Semuel Abrijani Pangerapan of the communications ministry… Source link

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Reviewing Yandex (NASDAQ:YNDX) & AppLovin (NYSE:APP)

Reviewing Yandex (NASDAQ:YNDX) & AppLovin (NYSE:APP)

Yandex (NASDAQ:YNDX – Get Rating) and AppLovin (NYSE:APP – Get Rating) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, profitability, risk, valuation, earnings and analyst recommendations. Insider and Institutional Ownership 66.8% of Yandex shares are owned by institutional investors. Comparatively, 43.3% of AppLovin shares are… Source link

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California Gov. Gavin Newsom demands explanation for UCLA’s move to Big Ten

California Gov. Gavin Newsom demands explanation for UCLA’s move to Big Ten

Gavin Newsom wants an explanation. The California governor, who spoke at the UC Board of Regents meeting in San Francisco on Wednesday, demanded that UCLA give a public explanation about how its move to the Big Ten Conference will benefit student-athletes and the school’s partnership with UC Berkeley. “The first duty of every public university is to the people — especially students,” Newsom said, via the Los Angeles Times. “UCLA must clearly explain to the public how this deal will improve… Source link

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NBA fines Warriors co-owner Joe Lacob $500,000 after calling luxury tax system ‘unfair’

NBA fines Warriors co-owner Joe Lacob $500,000 after calling luxury tax system ‘unfair’

Warriors owner Joe Lacob was fined $500,000 on Wednesday after he made comments criticizing the NBA’s current luxury tax system. (Thearon W. Henderson/Getty Images) The NBA fined Golden State Warriors owner Joe Lacob $500,000 on Wednesday for comments he made bashing the league’s current luxury tax system, according to ESPN’s Adrian Wojnarowski. Lacob said on a recent episode of the “Point Forward” podcast that the luxury tax is part of a “very unfair system.” Lacob was fined as the… Source link

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James Harden, Philadelphia 76ers reach agreement on 2-year, $68 million deal

James Harden, Philadelphia 76ers reach agreement on 2-year, $68 million deal

Free agent star James Harden and the Philadelphia 76ers have reached an agreement on a two-year, $68 million deal with a player option, league sources told Yahoo Sports. Harden declined a $47 million option this offseason to facilitate the new deal at a discount. “I had conversations with [president of basketball operations] Daryl [Morey], and it was explained how we could get better and what the market value was for certain players. I told Daryl to improve the roster, sign who we needed to… Source link

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Be outraged or be happy about Jim Harbaugh’s anti-abortion stance, he’ll keep being Jim Harbaugh

Be outraged or be happy about Jim Harbaugh’s anti-abortion stance, he’ll keep being Jim Harbaugh

Back in April, Jim Harbaugh invited Colin Kaepernick to serve as an “honorary captain” for the University of Michigan spring football game. Kaepernick addressed the Wolverines team, flipped the pregame coin and then at halftime, right in the middle of Michigan Stadium, conducted a rare public passing workout in an effort to catch the eye of NFL scouts. Harbaugh’s action were well received by a certain segment of the public and not well received by a different segment of the… Source link

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Google Honors Uvalde School Shooting Victim – ARTnews.com

Google Honors Uvalde School Shooting Victim – ARTnews.com

Google is honoring a victim of the school shooting in Uvalde, Texas, by featuring a drawing by her on a dedicated memorial page. In March, Alithia Haven Ramirez submitted a drawing as part of the Doodle for Google contest, which allows children to compete to have their work displayed on the search engine’s homepage. The work that the 10-year-old sent in features a girl and her pet sitting on a sofa, with the word “Google” spelled out on the wall behind them. “I want the world… Source link

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Trans Woman Now in Men’s Prison After Impregnating 2 by Consensual Sex

Trans Woman Now in Men’s Prison After Impregnating 2 by Consensual Sex

Demi Minor A transgender woman inmate in New Jersey has been transferred to a men’s prison after impregnating two women at the state’s only women’s correctional institution, and she was placed on suicide watch at one point. Demi Minor, 27, had been housed at the Edna Mahan Correctional Facility for Women, NJ Advance Media reports. The media company had reported in April that two women at the prison had become pregnant through consensual relationships with a trans prisoner, later… Source link

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3M Open Picks and Strategy

3M Open Picks and Strategy

This article is part of our Yahoo DFS Golf series. 3M Open Blaine, MinnesotaTPC Twin Cities – Par 71 – 7,431 yardsField – 156 entrantsPurse – $7.5M The Preview The post-major, pre-FedExCup Playoffs lull has arrived like a slap in the face after such entertaining golf was played in Scotland the past couple weeks, but DFS always provides enough intrigue to care about an event like the 3M Open no matter the field strength or course difficulty. Only six representatives from the top 50 in… Source link

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