JHVEPhoto Introduction With 27% of Intel Corporation’s (NASDAQ:INTC) revenue coming from China, the news of a ban on using its chips in Chinese government computers is the kind of negative development that could create significant pressure on the semiconductor giant’s stock. Intel Q4 2023 Earnings Release However, after an initial 4% dip earlier this week,…
Lintao Zhang/Getty Images News Introduction Before I go into the topic in the title of this article, I would like to note that this is not my first article about Microsoft Corporation (NASDAQ:MSFT). I was bullish on MSFT until July 2023, but then switched to ‘neutral’. I consider MSFT to be one of the leading…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Disposable vapes are to be banned in the UK as part of a drive to protect children’s health, as Prime Minister Rishi Sunak warned that youth vaping could become “endemic”. Sunak will on Monday also…
krystiannawrocki/iStock Unreleased via Getty Images Listen below or on the go on Apple Podcasts and Spotify Imports and sales of Apple Watches are banned effective today due to patent issues. (0:15) FedEx announces share buyback. (1:42) There is a new dominant COVID-19 strain. (2:27) This is an abridged transcript of the podcast. Our top story…
Scott Olson The last time I covered Apple Inc. (NASDAQ:AAPL) was in September, following the release of the iPhone 15 lineup, which proved to be a reasonable success, largely attributed to the effective pricing strategy of the world’s most valuable company. At the time of publishing the article, the main topics were the risks associated…
The MAS has also banned them from managing, acting as a director, or even being a substantial shareholder of any capital market services business operating in Singapore. In the latest development, the central bank of Singapore has issued nine years of prohibitions to the founders of Three Arrows Capital Kyle Davies and Su Zhu over…
The Taiwanese government is planning to release guiding principles by the month end, in order to boost information disclosure for crypto exchanges. Taiwan is preparing to introduce some sweeping regulatory changes while restricting offshore exchanges from operating in the country without any proper compliance in place. The Financial Supervisory Commission (FSC) of Taiwan has formulated…
Binance explained that they even have refused to conduct business in the Asian due to China’s cryptocurrency ban. On August 2nd, The Wall Street Journal published a report indicating that current and former employees of Binance observed internal transactions confirming that Chinese users traded around $90 billion in cryptocurrencies on the exchange for a month….
Binance’s influence is undeniable as the exchange boasts a staggering total of over 128 million users worldwide. Binance, the world’s largest crypto exchange, has defied all expectations by maintaining its position as the dominant player in China, even in the face of a crypto ban imposed by the country in 2021. A recent report from…
The rapper has not created any posts yet. According to those familiar with the matter, the account was restored only after Ye assured that he won’t post antisemitic content or hateful language. Social media platform X, formerly known as Twitter Inc, has restored the account of Kanye West after banning him from using the platform last…