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Malaysia startup launches internet browser with promise of upholding Islamic values

Malaysia startup launches internet browser with promise of upholding Islamic values
weeklyblitz.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from weeklyblitz.net Daily Mail and Mail on Sunday newspapers.

Apple s balancing act in China gets trickier during Xi s crackdown

Apple s balancing act in China gets trickier during Xi s crackdown
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Apple s China balancing act more precarious as Xi cracks down on tech

Last month China’s top court effectively granted consumers the right to sue Apple for alleged abuse of market power, threatening the delicate balance the firm has cultivated in the country.

China s Internet Stocks Face More Pain, Global Investors Say

China’s Internet Stocks Face More Pain, Global Investors Say Bloomberg 1 hr ago Ishika Mookerjee and Jeanny Yu (Bloomberg) After a historic antitrust crackdown on China’s biggest tech companies last week, investors are betting there is more pain ahead. GAM Investments, BNP Paribas Asset Management and JP Morgan Asset Management Inc. see more regulatory tightening in China’s clampdown on monopolistic practices, putting pressure on the country’s leading internet stocks over the next few months. The Hang Seng Tech Index, where many Chinese tech giants are listed, has already lost about a quarter of its value from a rout that began mid-February.

China s internet stocks face more pain, top global investors say

Beijing: After a historic antitrust crackdown on China s biggest tech companies last week, investors are betting there is more pain ahead. GAM Investments, BNP Paribas Asset Management and JP Morgan Asset Management Inc. see more regulatory tightening in China s clampdown on monopolistic practices, putting pressure on the country s leading internet stocks over the next few months. The Hang Seng Tech Index, where many Chinese tech giants are listed, has already lost about a quarter of its value from a rout that began mid-February. The shockwaves from Beijing s bid to quell abuses of information and market dominance among industry leaders have left global investors pondering the prospects of China s internet firms. The antitrust crackdown has exacerbated a global tech selloff sparked by rising bond yields, as traders forecast tighter liquidity conditions at home and abroad and lower company valuations.

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