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Japan's Toshiba brings in M&A adviser and activists in board overhaul
TOKYO (Reuters) - Toshiba Corp nominated an executive from M&A advisory firm Houlihan Lokey as chairperson and activist shareholders as outside directors on Thursday, in a board overhaul that could intensify pressure to take the conglomerate private.
Building a career and community in esports
Driven by a desire to see the local gaming industry grow, Kelvin Pang ‘levelled up’ from player to Malaysian esports contingent team manager.
Card payment ‘monopoly’ hobbles Mexico startups, study says
Fintech companies operating in Mexico are calling on regulators to breakup the monopoly held by the credit card payments network that benefits big banks and hobbles startups.
New Arm CEO Haas steps into centre of chip industry turmoil
ARM has selected a new CEO, Rene Haas who has the unenviable role of picking up the pieces after the protracted deal to be bought over by fellow chip maker Nvidia fell through.
U.S. judge rejects Facebook request to dismiss FTC antitrust lawsuit
WASHINGTON (Reuters) -A U.S. judge on Tuesday declined to dismiss the Federal Trade Commission's antitrust lawsuit against Facebook, saying the FTC had a plausible case that should be allowed to proceed.
How Big Tech is faring against U.S. lawsuits and probes
(Reuters) - Big Tech platforms Meta Platforms Inc, formerly known as Facebook, and Google have been hit with a series of antitrust lawsuits by the U.S. federal government and states on charges they are operating monopolies and abusing their power.
Robinhood shares tumble after PayPal news, SEC scrutiny of key revenue stream
NEW YORK (Reuters) -Shares of Robinhood Markets Inc, a popular gateway for trading meme stocks, tumbled nearly 7% on Monday on news that PayPal Holdings Inc may start an online brokerage and a report saying regulators were looking at a possible ban on a practice that accounts for the bulk of the company's revenue.
Robinhood, gateway to 'meme' stocks, raises $2.1 billion in IPO
(Reuters) -Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year's "meme' stock trading frenzy, raised $2.1 billion in its initial public offering on Wednesday.
Robinhood CEO says he is considering offering U.S. retirement accounts
(Reuters) - Robinhood Markets Inc is considering launching U.S. retirement accounts, CEO and co-founder Vlad Tenev said on Saturday in a webcast with users of its trading app looking to participate in its initial public offering, which is set to price next week.
Factbox: How Big Tech is faring against U.S. lawsuits and probes
(Reuters) - Big Tech platforms Alphabet Inc's Google and Facebook were hit with a series of antitrust lawsuits by the U.S. federal government and states on charges they are operating monopolies and abusing their power.