Welcome to Social Buzz, a daily column looking at what’s trending on social media platforms. I’m Caitlin Fichtel, an editor on Bloomberg’s Breaking News team, which monitors everything from company statements to tweets from some of the most prominent people in the financial world. Here’s your daily look at what the internet is talking about.
One quarter down and it’s so far, so good for the tech sector.
Hungary is expecting €3 billion ($3.3 billion) in new Chinese investments in the automotive sector, further boosting the central European nation as a regional center in the transition to electric mobility, Foreign Minister Peter Szijjarto said.
Microsoft Corp. is buying credits for CO2 captured at two Danish power plants and then stored beneath the North Sea in a sign that corporate emission-reduction goals can help spur carbon storage technology.
Bitcoin is a more popular safe haven then the US dollar, the yen or the Swiss franc, survey of investors shows
A review of practices at 60 of the sector’s most influential companies found many lack basic guardrails.
The Thai baht rallied after pro-democracy parties emerged as the biggest winners in Sunday’s election, while stocks linked to some of the nation’s billionaires fell on concern that a new government will introduce more industry competition.
Vodacom Group Ltd. plans to expand its fiber business to other markets if its gets approval for its latest deal with Remgro Ltd., valued at about 13.2 billion rand ($693 million).
LFP batteries are cheaper but have a lower energy density in cold climates. Korean firms have historically shunned the technology for that reason.
Rakuten Group Inc. plunged its most in more than three years after Reuters reported the internet company was in the final stages of talks to raise about ¥300 billion ($2.2 billion) through an offering of new shares.
