The richest man in China — Zhong Shanshan, founder of bottled water consortium Nongfu — has a low profile and few headlines, even though he knocked Alibaba and Ant Group Founder Jack Ma out of the billionaire top spots, according to media reports. Get the...
European Union antitrust regulators have delayed the target date for a determination on Facebook’s purchase of New York-based software company, Kustomer, to Dec. 15, according to a Monday (Aug. 9) report from Reuters. The original deadline had been Dec. 8 and was pushed back at...
Amazon and Walmart will face antitrust probes in India over their eCommerce practices, the country’s Supreme Court ruled on Monday (Aug. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Shenzhen-headquartered Tencent is being slapped with a lawsuit over its WeChat subsidiary and regulations concerning minors, Reuters reported on Friday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
India’s Supreme Court on Friday (Aug. 6) affirmed an emergency arbitrator’s decision, sought by Amazon, preventing the planned sale of the Future retail chain to Reliance Industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A new BIS paper reported that big tech’s power could be a cause for concern. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The European Commission has opened an investigation into the proposed acquisition of Kustomer by social media giant Facebook, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The COVID-19 pandemic has rapidly altered the way films are shared with audiences, with many being launched directly onto streaming platforms first. With that, Hollywood may be forced into renegotiations with its acting stars. Get the Full Story Complete the form to unlock this article...