GameStop CEO says eBay shut his account after buyout funding stunt

He has put up personal items, including a pair of socks, to fund his US$56 billion bid for the platform

Over the past couple of years, robotics has shifted from the lab to the real world, with Chinese tech parks, factories and universities among those deploying humanoids.

Humanoid robots to power next leg of China’s export dominance

Like with EVs, the Asian nation is building out capacity across the robotics supply chain

The fact that SoftBank cannot cash out from OpenAI is a big problem for Masayoshi Son, who habitually uses leverage to juice up returns.

OpenAI is so yesterday — even for SoftBank

Global markets pivot from AI model makers to chipmakers tied to the data-centre boom

CK Hutchison has a controlling stake in Hutchison Telecommunications Hong Kong Holdings, which provides mobile services in the city and Macau.

Li Ka-shing plans more telecom sales in ‘cash is king’ strategy

CK Hutchison still operates telecom businesses in several European markets

The transaction, subject to regulatory approvals, will see CKHGT receive cash proceeds from the cancellation of its VodafoneThree shares.

CK Hutchison unit to exit VodafoneThree stake in £4.3 billion deal

The Hong Kong conglomerate says the deal would allow it to monetise its investment at an attractive valuation

Arm’s designs power virtually every smartphone in the world, giving it an important role in the vast handheld market.

Arm forecasts higher-than-expected revenue on surging AI data centre demand

The company generates revenue by licensing its technology to companies such as Nvidia and Apple

The sales of exchangeable and convertible bonds are powering ahead in Asia, even with the war in Iran and the volatility that it has caused.

China’s Midea Group raises US$2.2 billion in convertible bond sale

Bonds that convert into stock find a sweet spot when interest rates and volatility are high

Turner (seen here in 1998) made philanthropic history in 1997 by announcing that he was donating US$1 billion to fund UN operations.
OBITUARY

Ted Turner, outspoken founder of CNN, dies at 87

One of the most powerful figures in US media, his networks specialised in news, sports, re-runs and old movies

The rally in Venture’s stock follows the announcement of a turnaround in its Q1 financial performance.
HOT STOCK

Tech counters Venture, CSE Global up 11% after strong Q1 updates

Venture reaches three-year peak; CSE hits highest level in nearly two decades

Alternative asset manager Blue Owl acquired Stack as part of its takeover of IPI Partners last year.

Blue Owl data centre operator Stack considers US$30 billion sale of Asia operations: sources

The firm has been speaking with prospective advisers about a partial or full sale of the assets in Australia, Japan and Malaysia