WSJ News Exclusive | Skydance Backers Explore All-Cash Deal to Gain Control of Paramount

[ad_1] Shari Redstone, whose family controls Paramount Global, has entertained several offers over the years to buy its famed movie studio. Skydance Media CEO David Ellison is eyeing something more…

Hong Kong’s IPO Drought Casts Pall Over Region’s Businesses

[ad_1] Updated Jan. 3, 2024 12:01 am ET A dearth of initial public offerings in Hong Kong is causing companies to suffer cash crunches and put off expansion plans, showing…

Investors Have Cut China’s Internet Giants Down to Size

[ad_1] Updated Dec. 31, 2023 12:20 am ET HONG KONG—Investors in China’s biggest internet companies have suffered through a tumultuous 2021, a lackluster 2022 and a disappointing 2023.  After a…

China Looks Cheap—but It Has Burned Investors Before

[ad_1] Updated Dec. 26, 2023 12:04 am ET The smartest strategy for investors in Chinese assets this year: Do something else. Sitting on cash was more profitable in 2023 than…

How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back 

[ad_1] Videogame boss Tim Sweeney is on a winning streak. His company, closely held Epic Games, defeated tech behemoth Google in court on Monday, and its years-old megahit “Fortnite”—which served…

Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs

[ad_1] Updated Nov. 16, 2023 8:41 pm ET SINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite. Alibaba on Thursday said it had scrapped…

WSJ News Exclusive | Meta Strikes Deal to Return to China After 14 Years

[ad_1] SINGAPORE—Meta Platforms has struck a preliminary deal to sell a new, lower-priced version of its virtual-reality headset in China, regaining a foothold among consumers in the country 14 years…

Chinese Videogames Are Winning on the Global Stage

[ad_1] CHIBA, Japan—That videogame you’re playing now—it might be made in China. CHIBA, Japan—That videogame you’re playing now—it might be made in China. From “Genshin Impact” to “Age of Origins,”…

CEO of Naspers and Prosus Steps Down

[ad_1] South Africa’s most valuable listed company appoints former SoftBank executive as its interim chief. [ad_2] Source link

Electric Cars Power China’s Economic Hopes as Internet Titans Take a Back Seat

[ad_1] Investors and talent pile into China’s EV and battery industries that are increasingly engines of country’s growth. [ad_2] Source link