Shares of Trump Media & Technology Group fell over 15% on Monday after it raised doubts that the parent firm of Truth Social platform might not be able to meet its financial liabilities, days after completing its merger with blank check firm Digital World Acquisition Corp.
Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months after it unbundled the two products in Europe in a bid to avert a possible EU antitrust fine.
Cloud communications company Twilio has appointed a partner at Sachem Head Capital Management to its board, it said on Monday, as it faces pressure from several activist investment firms to make significant changes.
The birth of spot bitcoin exchange-traded funds (ETFs) and the quest for new ways to invest in the artificial intelligence overshadowed other trends in the broader ETF market in the first quarter, but analysts say other themes like single-country ETFs and bond ETFs are likely to play out through 2024.
The board of Swiss IT services provider SoftwareOne said on Monday its plan to resolve a boardroom tussle with founding shareholders over the company’s future has won the backing of proxy advisory firm Institutional Shareholder Services (ISS).
Singapore’s competition watchdog had looked into the likelihood of the now-collapsed talks between Grab Holdings and Delivery Hero raising worries about competition in the food delivery market, the regulator said on Monday.
Vietnam is seeking to learn from China to develop its first high-speed railway network, according to its government, with plans in the works for a rail line running the length of the country.
Rakuten Group plans to integrate its fintech businesses into one group, it said on Monday, aiming to strengthen collaboration and customer acquisition across areas from online banking and credit cards to securities and insurance.
China has criticised the tightening of U.S. rules on semiconductor exports, saying they have created more hurdles to trade and more uncertainty in the chip industry.
China’s Xiaomi is advising potential buyers of its SU7 electric sedan that they could face waits of four to seven months, in a sign of strong demand for its first-ever vehicle.
