Implementation of these changes will be a “complex process”, the company said in a blog post, that would require “significant work at our end and, in many cases, significant efforts from partners, original equipment manufacturers (OEMs) and developers”. Source link
Read More »Sweeping MLB proposal leaves union underwhelmed, all but ensuring spring training delay – Yahoo Sports
On Saturday, MLB gave the players a 130-page proposal, the most sweeping one made since the lockout began on Dec. 2, that included adjustments to several core economic issues but ultimately left union officials underwhelmed, according to sources. With no other bargaining session immediately scheduled and both sides believing that there is still a lot of ground to bridge, this effectively ensures that pitchers and catchers will not report to spring training this week as scheduled, an outcome… Source link
Read More »China Unveils Sweeping Rules for Foreign IPOs in Didi’s Wake
(Bloomberg) — China has unveiled sweeping regulations governing overseas share sales by the country’s firms, taking one of its biggest steps to tighten scrutiny on international debuts in the wake of Didi Global Inc.’s controversial listing. Most Read from Bloomberg The regulations, issued by the country’s securities watchdog, commerce ministry and top economic planning agency over the past week, cast more uncertainty over the prospects for overseas initial public offerings that had… Source link
Read More »China Unveils Sweeping Rules for Foreign IPOs in Didi’s Wake – Yahoo Finance
(Bloomberg) — China has unveiled sweeping regulations governing overseas share sales by the country’s firms, taking one of its biggest steps to tighten scrutiny on international debuts in the wake of Didi Global Inc.’s controversial listing. Most Read from Bloomberg The regulations, issued by the country’s securities watchdog, commerce ministry and top economic planning agency over the past week, cast more uncertainty over the prospects for overseas initial public offerings that had… Source link
Read More »China Bans For-Profit School Tutoring in Sweeping Overhaul
(Bloomberg) — China unveiled a sweeping overhaul of its $100 billion education tech sector, banning companies that teach the school curriculum from making profits, raising capital or going public. Beijing on Saturday published a plethora of regulations that together threaten to up-end the sector and jeopardize billions of dollars in foreign investment. Companies that teach school subjects can no longer accept overseas investment, which could include capital from the offshore registered… Source link
Read More »Donald Trump files sweeping, nonsensical lawsuits against Facebook, Twitter, and Google
Former President Donald Trump has filed proposed class action lawsuits against Facebook, Twitter, and Google subsidiary YouTube as well as CEOs Mark Zuckerberg, Jack Dorsey, and Sundar Pichai. The lawsuits come six months after Trump was permanently or temporarily suspended from all three platforms. Trump announced the lawsuits at a press conference today, following an early report by Axios. He referred to the cases as “a very important game-changer for our country.” However, the… Source link
Read More »A Speculative Frenzy Is Sweeping Wall Street and World Markets
(Bloomberg) — Animal spirits are famously running wild across Wall Street, but crunch the numbers and this bull market is even crazier than it seems. Global stocks are now worth around $100 trillion. American companies have raised a record $175 billion in public listings. Some $3 trillion of corporate bonds are trading with negative yields. All the while the virus spreads, the economic cycle stays on life-support and businesses get thrashed by fresh lockdowns. Spurred by endless monetary… Source link
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