Silver Lake Management is likely to abandon the acceptance threshold for its contentious €2.4 billion ($2.6 billion) takeover bid for Germany’s Software AG, people with knowledge of the matter said.
The Indian government fired back at Twitter Inc.’s former chief executive officer after he said authorities had threatened to shut down the service in the country or raid the homes of its staff unless Twitter removed certain politically-sensitive posts.
South Korea is pivoting to a “hard-line stance” in its relations with China following meetings between the two where Beijing used “high-handed” diplomatic rhetoric, the DongA Ilbo newspaper cited a “key” government official as saying.
Telecommunications company Taiwan Mobile Co. is exploring opportunities for collaboration with local crypto platforms, including potentially investing in one of the businesses.
Taiwan Semiconductor Manufacturing Co. is set to regain its $500 billion market capitalization as investors ramp up bets on a bottom in the memory chip market. Excitement in the artificial intelligence space has also helped a rally in tech shares.
Analysts at China International Capital Corp. are suggesting investors load up on Hong Kong stocks, wagering that the equity market will soon bottom out.
Fintech is slowing. Arm is gone. But British techies see green fields in a post-Brexit world.
An index of Asian equities rose along with US and European futures amid optimism that the Federal Reserve will pause its most-aggressive tightening campaign in decades.
Pat Sajak, who has hosted the hit game show Wheel of Fortune since Ronald Reagan was president, will retire next year.
British chip designer Arm Ltd., backed by SoftBank Group Corp., is in talks with potential strategic investors including Intel Corp. to anchor what will be one of the largest initial public offerings of the year, according to people familiar with the matter.
