Hong Kong is considering easing listing requirements to allow more large advanced technology companies to go public in the city’s stock exchange, Bloomberg reported. The discussions about possible changes come as Hong Kong is struggling to maintain its status as one of the top global ventures for initial public offerings. Hong Kong IPOs last year raised $43 billion, behind New York and...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
Meta Platforms’ Revenue and Profit Fall in Q4
Checkout.com Shuffles Executives to Double Down on U.S. Expansion
Judge Tells Sam Bankman-Fried to Stop Texting Former FTX Colleagues
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