Bloomberg

Indonesia ride-hailing and payments firm, Gojek announced its merger with e-commerce player Tokopedia, to form the GoTo Group, to take on rivals like Singapore’s Grab and internet company Sea Ltd (NYSE: SE), which operates an e-commerce platform Shopee and has a digital...

The Supreme Court turned away a petition from Sandoz seeking to challenge two Amgen Inc (NASDAQ: AMGN) patents related to rheumatoid arthritis drug Enbrel, thus blocking Novartis AG’s (NYSE: NVS) Sandoz from selling a biosimilar of the drug in the U.S...

Asia’s largest bank has moved to offer its wealthiest clients direct access to cryptocurrencies. What Happened: Singapore-based DBS Group Holdings Ltd (SGX: D05) announced they would allow its private banking clients to invest in Bitcoin, Ether, Bitcoin Cash, and XRP. According to a...

Apple Inc’s (NASDAQ: AAPL) iPhone assembler Hon Hai Precision Industry Co Ltd (OTC: HNHAF), also known as Foxconn Technology Co Ltd (OTC: FXCOF), joins the likes of Sony Group Corp (NYSE: SONY) and Stellantis NV (NYSE: ...

Apple Inc (NASDAQ: AAPL) said Wednesday a product manager who was hired last month has left the company after internal backlash over his past remarks being considered sexist and racist, according to Bloomberg. What Happened: Several Apple employees had complained both internally and on social media...

Yassine Elmandjra of Cathie Wood’s Ark Investment Management believes that changes are imminent in the crypto market. What Happened: In an interview with Bloomberg, Elmandjra said, “over a longer-term time horizon, we definitely think this is the beginning phase of what’s going to...

The U.K. government has reconsidered its plan to buy one million doses of AstraZeneca Plc’s (NASDAQ: AZN) anti-SARS-CoV-2 antibody, according to sources quoted by Bloomberg. The rethink comes shortly before the first data from the treatment’s trials that are...

Industrial software company Aspen Technology Inc (NASDAQ: AZPN) is exploring options for a potential minority stake sale involving large industrial firms and buyout funds, Bloomberg reports. Aspen manufactured software for companies in chemicals, manufacturing, energy, metals,...

Chip buyers, including Apple Inc (NASDAQ: AAPL), Microsoft Corp (NASDAQ: MSFT), Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) Google, have joined chip-makers like Intel Corp (NASDAQ: INTC) to create a new lobbying group to seek...

Forty-four attorneys general have called on Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg to abort plans regarding Instagram version targeted at the preteen group over mental health and privacy concerns, Bloomberg reports. The group also alleged Facebook’s failure in the...

Digital advertising companies like Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Facebook Inc’s (NASDAQ: FB) shares dropped on rating downgrade by Citigroup Inc (NYSE: C) from buy to neutral over the decline in ad budgets, Bloomberg...

Sony Group Corp (NYSE: SONY) warned an analyst group regarding PlayStation 5 supply crisis till 2022 partly due to the semiconductor chip crisis, insinuating sales target constraints for its latest games console, Bloomberg reports. Sony had sold 7.8 million console units through...

Cash-rich e-commerce retailer Amazon.com Inc (NASDAQ: AMZN) is selling bonds for debt refinancing and stock repurchase, capitalizing on the cheaper borrowing costs, Bloomberg reports. Amazon is issuing debt in as many as eight parts totaling $15 billion with the longest...

Last week featured five announced SPAC deals and several rumors. The week also had earnings from several well-known former SPACs. Here is a look back at the week in SPACs for deals, rumors and headline news all covered on Benzinga’s “SPACs Attack.” SPAC Deals Navitas Semiconductor...