Showing 1 - 10 of 75
Ex-Twitter chairman sues Elon Musk's X for $20 million in shares
Bloomberg News, Published on 10/08/2024
» TEXAS - Former Twitter Chairman Omid Kordestani sued the social media company, claiming that billionaire owner Elon Musk is refusing to cash out more than US$20 million worth of shares he is owed.
Thai billionaire Sarath to merge energy, telecom businesses
Bloomberg News, Published on 17/07/2024
» Thai billionaire Sarath Ratanavadi unveiled a plan to consolidate his energy and telecom businesses by merging his listed power company with the owner of the nation’s most-valuable mobile phone operator.
Bitcoin miners pivot to Southeast Asia after China crackdown
Bloomberg News, Published on 14/06/2024
» KUALA LUMPUR - The 17-acre cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just rudimentary structures and a four-story-tall concrete birdhouse made to lure swiftlets whose nests, built with saliva, fetch high prices in China.
Shopping mall owner said to consider biggest IPO since 2022
Bloomberg News, Published on 21/03/2024
» Shopping mall owner Siam Piwat Company is moving closer to what would be Thailand's biggest initial public offering (IPO) in about two years, according to people with knowledge of the matter.
China urges US to stop ‘unreasonably suppressing’ TikTok
Bloomberg News, Published on 14/03/2024
» BEIJING - China called on the United States to stop "unreasonably suppressing" TikTok, as the popular video-sharing application used by 170 million Americans moves to the centre of lingering tensions between the superpowers.
Thai banks, KB vying for $700m Home Credit Vietnam
Bloomberg News, Published on 07/11/2023
» Thailand’s biggest banks Kasikornbank Pcl and SCB X Pcl are among the final bidders for consumer lender Home Credit’s business in Vietnam, according to people familiar with the matter.
Tesla failed to fix autopilot after fatal crash, engineers say
Bloomberg News, Published on 17/08/2023
» SAN FRANCISCO - Tesla Inc failed to fix limitations in its Autopilot system following a gruesome Florida crash that killed a driver in 2016, company engineers said in a family’s lawsuit over a very similar 2019 fatal collision that is headed to a jury trial.
Musk explains why he’s dumping Twitter name, iconic bird logo
Bloomberg News, Published on 25/07/2023
» LOS ANGELES: Elon Musk has explained his decision to strip Twitter of its famous blue-bird logo as a move to remake the business into a broad platform for communications and financial transactions, a target he’s described as the everything app.
Shopee owner Sea Ltd cuts jobs in shopping, food
Bloomberg News, Published on 14/06/2022
» Sea Ltd is making its first major job cuts in areas spanning shopping and food, joining other tech firms downsizing this year in anticipation of unprecedented market and economic volatility.
Palm oil soars on Indonesia ban in risk to global food inflation
Bloomberg News, Published on 25/04/2022
» Palm oil rallied after top producer Indonesia said it will ban all exports of cooking oil, a surprise move that threatens to worsen global food inflation and aggravate volatility in crop markets still reeling from the war.