Latest Platform News
Read the latest platform economy news and important industry commentary from the editorial team at Platform Executive and our global content partners, including Thomson Reuters.
Alibaba’s books close early in $13.4 billion Hong Kong listing: sources
HONG KONG (Reuters) – Alibaba will close its order books early to prospective institutional investors as part of its $13.4 billion secondary listing in Hong Kong, according t...
SoftBank to create $30 billion tech giant via Yahoo Japan, Line Corp deal
TOKYO (Reuters) – SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech group, as it strives to comp...
ByteDance CEO urges TikTok diversification as U.S. pressure mounts: internal note
BEIJING (Reuters) – The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according...
Microsoft updates terms on data privacy amid EU probe
BRUSSELS (Reuters) – Microsoft said on Monday it was updating the privacy provisions of its commercial cloud contracts after European regulators found its deals with European...
Exclusive: Interpol plans to condemn encryption spread, citing predators, sources say
SAN FRANCISCO (Reuters) – The international police organisation Interpol plans to condemn the spread of strong encryption in a statement Monday saying it protects child sex p...
TikTok owner ByteDance plans to launch music streaming – FT
Reuters – TikTok owner Beijing ByteDance Technology Co Ltd is in talks with big music labels – Universal Music, Sony Music and Warner Music – for global licensing...
Russia’s Sberbank, Mail.Ru to invest $1 billion in online food, taxi venture
MOSCOW (Reuters) – Russian internet company Mail.Ru and state lender Sberbank have finalised the terms of a joint food and taxi platform and plan to invest 64.6 billion roubl...
Nearly 20% of Japan households using e-money but cash still king
TOKYO (Reuters) – Almost a fifth of Japanese households use electronic money for small purchases, a survey by a central bank-affilated research institute showed, up from a ye...
Crypto backed by crypto: Dai seeks to change ‘stablecoin’ game
LONDON (Reuters) – Some are backed by dollars. Others by gold. But this “stablecoin” isn’t tied to any major asset – it’s backed by another cryp...
Personal? Private? No such thing in data-hungry world
LONDON (Thomson Reuters Foundation) – Personal data reveals a slew of secrets about friends and family so regulators should stop fixating on individual privacy and safeguard ...
Women leaders driven offline and out of work by social media abuse
LONDON (Thomson Reuters Foundation) – Pervasive abuse of women on social media is driving female leaders off the internet and, in some cases, out of a job, a conference heard...
Explainer: Why is Alibaba listing in Hong Kong?
HONG KONG (Reuters) – Chinese e-commerce giant Alibaba is set to price its first share sale in Hong Kong next week, raising up to $13.4 billion in what will be the largest de...
China orders ByteDance’s Toutiao to fix search, saying national hero smeared
BEIJING (Reuters) – China’s internet regulator ordered ByteDance news app Jinri Toutiao to clean up its search engine, saying the search function threw up “slande...
‘Digital revolution’ excluding the most vulnerable, world leaders told
LONDON (Thomson Reuters Foundation) – From tackling diseases to improving transport, technology like data and artificial intelligence has unleashed a wave of opportunities, b...