Xerox is abandoning its attempt to take over rival HP. The deal is another casualty of the new coronavirus sickening thousands and shaking investor confidence. Xerox’s decision kills its $30 billion offer and an effort to oust HP’s board, The Wall Street Journal said. Falling markets are sapping dealmaking across all industries, including tech, as the economy reels from the Covid-19...
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Meta’s Twitch Competitor Cuts Contracts With Gaming Creators
Since 2018, Meta Platforms has paid videogamers to stream their play on Facebook’s gaming service, its alternative to Twitch. Now, in a new era of austerity, Meta is cutting back on those payments. Facebook Gaming in the second half of last year dropped its contracts with at least 200 creators that paid them to spend time streaming on the web service, according to two people with direct...
Chinese Online Retail Giant JD.com Retreats in Southeast Asia
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Amazon Fresh Hikes Grocery Delivery Fees
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