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Bitcoin tumbles after Turkey bans crypto payments citing risks
ANKARA (Reuters) -Bitcoin tumbled more than 4% on Friday after Turkey's central bank banned the use of cryptocurrencies and crypto assets for purchases citing possible "irreparable" damage and transaction risks.
Grab CEO's Harvard links open door to world’s biggest SPAC deal
HONG KONG (Bloomberg): A few years after launching Grab Holdings Inc. in 2012, Anthony Tan got a piece of advice from Jack Ma. The co-founder of Alibaba Group Holding Ltd. told the entrepreneur that life is a tsunami. When you’re up on the wave, get ready for the crash, he said.
Pandemic tames Airbnb in Europe's tourist hotspots - for now
LISBON (Reuters) - The COVID-19 pandemic has achieved what many mayors across Europe have tried and failed to do: wipe out tens of thousands of Airbnbs from city centres and so help lower rental costs for locals, in some places by as much as 15%.
Airbnb sales beat estimates, showing demand amid covid surge
AirBnB sales beat estimates even during the pandemic, and expects a rebound in travel this year as Covid-19 vaccines are rolled out.
Traveloka CEO plans US listing via SPAC in 2021
JAKARTA: Traveloka, South-East Asia’s biggest online travel startup, is planning to list in the US this year to raise funds using a special purpose acquisition company, known as SPAC, according to chief executive offer Ferry Unardi.
Can Malaysia's travel sector recover from the 'worst year in tourism'?
The pandemic has brought global travel almost to a pause, and industry players are now assessing the way forward with consumers’ changing demands.
Xbox: The oral history of an American video game empire
The box looked like an old VCR, the controller was comically large, and it was made by one of the most boring companies on earth. Somehow, the Xbox triumphed and gave Microsoft Corp the first-and last-successful video game console brand from an American company since Atari.
'Gorilla' Google hit with third lawsuit as U.S. states sue over search dominance
(Reuters) - Google faced its third major lawsuit in two months on Thursday as 38 U.S. states and territories accused the $1 trillion company of abusing its market power to try to make its search engine as dominant inside cars, TVs and speakers as it is in phones.
Letter: Group of 165 Google critics call for swift EU antitrust action
A group of 165 companies and industry bodies have called on EU antitrust enforcers to take a tougher line against Google, saying the U.S. tech giant unfairly favours its own services on its web searches.