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Public Investment Fund buys US$3bil stock in 3 firms
TOKYO: Japanese electronics and media giant Sony Corp on Wednesday hiked its full-year profit outlook by a third as it taps surging demand for video games, music and movies as people feast on home entertainment amid COVID-19 lockdowns.
A SURPRISE chat between tech billionaire Elon Musk and Robinhood CEO Vlad Tenev on new audio-based social network Clubhouse has helped propel the app to the top of the startup charts and sparked a scramble for invitations to the exclusive service.
M&G INVESTMENT is just as confident about video game stocks as it was six months ago, even amid the rotation into value equities.
TOKYO: Japanese shares closed at a more than 29-and-a-half-year high on Thursday, as tech shares tracked overnight advances on the U.S. Nasdaq, but worries over latest coronavirus restrictions at home hindering economic recovery capped gains.
PETALING JAYA: It was Lemon Sky Animation Sdn Bhd’s (Lemon Sky Studios) swift action in investing in the right infrastructural upgrades that enabled it to transition quickly into operating remotely, resulting in only a minor productivity drop.
TOKYO/CHICAGO/STOCKHOLM: Think Michelangelo vs Da Vinci. Muhammad Ali and Joe Frazier. Batman v Superman. Another epic rivalry is rejoined next week when Sony and Microsoft go head-to-head with the next generation of their blockbuster video-game consoles.
NEW YORK: Nvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp for more than $40 billion in a deal which would create a giant in the chip industry, according to two people familiar with the matter.