Beijing is taking ‘golden shares’ in Alibaba and Tencent — here’s what that may mean
Many investors think Beijing’s crackdown on technology firms is ending, but the Chinese government will still hold influence over names like Alibaba and Tencent. CNBC’s Ted Kemp reports.
Twitter is auctioning off espresso machines and kegerators from its San Francisco headquarters
Among the numerous kitchen supplies that Twitter is selling includes a rotisserie cooker, multiple refrigerators and pizza ovens.
Asia-Pacific shares struggle for direction ahead of Bank of Japan rate decision
Asia-Pacific shares struggle for direction as investors looked ahead to the outcome of the Bank of Japan’s monetary policy meeting.
FTX says $415 million of crypto was hacked
FTX management updated its estimated asset recoveries to $5.5 billion, and offered a new breakdown of over $400 million worth of missing assets.
S&P 500 posts worst day in more than a month, Dow closes 600 points lower
Stocks’ January rally lost steam on Wednesday, with the Dow sliding more than 600 points.
Winners and losers in electric vehicles as Tesla possibly ignites a price war
Tesla’s price cuts may force an ‘industry-wide price correction,’ an analyst wrote Tuesday. The move may draw buyers who have not considered EVs before.
Greta Thunberg arrested at German coal mine protest, will be freed later, police say
Climate campaigner Greta Thunberg was detained alongside other activists on Tuesday during protests against the demolition of the coal village of Luetzerath but the entire group will be released later in the day, according to police.
Netflix is hiring a flight attendant for one of its private jets—and the job pays up to $385,000
The role demands “flexibility to work a varied work schedule, often requiring weekend and holiday work days and extended travel periods.”
Kissinger backs Ukraine’s NATO membership, says Russia needs the opportunity to rejoin international system
The former U.S. secretary of state also told the World Economic Forum that the West should continue to engage in talks with Russia.
Tech executives could be jailed for deliberately failing to protect kids under UK proposal
The U.K.’s culture and digital minister stressed in a statement that the change “will not affect those who have acted in good faith.”
