Sprint and T-Mobile are close to finalizing a merger deal, according to CNBC, ending a dance that has been off and on since 2013. According to the CNBC story, a deal is now in sight because SoftBank, which controls Sprint, changed its mind about allowing T-Mobile’s parent, Deutsche Telekom, to control the combined company. According to a Bloomberg story , Deutsche Telekom will end up with a 69%...
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Opinion Asia Policy
China’s Tech Crackdown Is a Geopolitical Play
It hardly bears repeating that 2021 was a rough year for China’s platform companies. The firehose of new regulations and rolling crackdowns on everything from data security to overseas listings cost Chinese shares—including those of Didi, Meituan, Pinduoduo, JD.com, Tencent, and ByteDance—42% of their cumulative value in the U.S. and Hong Kong. Not so long ago, China held up...
China Plans to Require Big Internet Firms to Gain Approvals for Deals
Beijing Olympics Covid-Tracker App Has Security Flaws
NFT Gaming Company Animoca Brands Raised $360 Million at $5 Billion Valuation
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