Technology

A Tencent Investor Cut Its Stake. That’s Not Bad for China’s Internet Recovery.

Text size Internet conglomerate Prosus and its parent Naspers pared its stake in Tencent, and sold of JD.com. Gilles Sabrie/Bloomberg When a big shareholder starts selling, it’s usually a flag. Internet conglomerate Prosus and its parent company Naspers ‘ decision Monday to pare its stake in Chinese internet company Tencent Holdings , and its earlier …

A Tencent Investor Cut Its Stake. That’s Not Bad for China’s Internet Recovery. Read More »

This ‘underappreciated’ black swan could bring fresh chaos to the global economy

New week, same bounce. Stock futures point to fresh gains as investors grow optimism that a bond rout is ending, and the Fed’s rate-hike plans will get pruned due to a global slowdown. Of course, that optimism comes as discontent grows around the world from high commodity prices that have driven up food prices, cramped …

This ‘underappreciated’ black swan could bring fresh chaos to the global economy Read More »

Marketers at NFT.NYC Upbeat on Brand-Building in the Metaverse

The nosedive in cryptocurrencies and nonfungible tokens peppered conversations, panels and events at NFT.NYC, a four-day event last week focused on the virtual baubles. Marketers seemed unwavering in their zeal for NFTs. The price of crypto is down—by an estimated $2 trillion since November—and high prices for NFTs have faded. Most NFTs are purchased using …

Marketers at NFT.NYC Upbeat on Brand-Building in the Metaverse Read More »

GOP directs culture war fury toward green investing trend

GOP directs culture war fury toward green investing trend

SALT LAKE CITY (AP) — Republicans are coming out swinging against Wall Street’s growing efforts to consider factors like long-term environmental risk in investment decisions, the latest indication that the GOP is willing to damage its relationship with big business to score culture war points . Many are targeting a concept known as ESG — …

GOP directs culture war fury toward green investing trend Read More »

Media executives say they can weather a recession

Media executives say they can weather a recession

Delegates wait in line at Cannes Lions International Festival of Creativity, Cannes, France, June 2019 Cannes Lions While media executives are meeting with advertising leaders this week over glasses of rose at the annual Cannes Lions International Festival of Creativity, they can’t help but talk about the disconnect between hanging out with celebrities on yachts …

Media executives say they can weather a recession Read More »

Here's what China's Alibaba and Kuaishou say about the economy

Here’s what China’s Alibaba and Kuaishou say about the economy

Across five major e-commerce platforms’ GMV, Alibaba’s market share fell by 6% in the first quarter versus the fourth, according to Bernstein analysis. Str | Afp | Getty Images BEIJING — Alibaba was once the poster child for investing in modern China. Now the e-commerce market that fueled its growth is slowing, while new players …

Here’s what China’s Alibaba and Kuaishou say about the economy Read More »