FT

Meta Platforms - Facebook

News Short: FT suggests UK regulator set to block Meta’s Giphy deal

The UK competition regulator is expected to block Meta Platforms’ acquisition of online GIF platform Giphy in the coming days, the Financial Times reported on Monday.

Platform News: ByteDance TikTok

FT: TikTok owner ByteDance aims for Hong Kong IPO by early 2022

ByteDance, the Chinese owner of short video platform TikTok, has revived its plan to go public with a listing in Hong Kong by early 2022 after addressing Chinese regulators’ ...

EU: The European Union

EU set to unveil plans for bloc-wide digital wallet

The European Union (EU) is set to unveil plans for a bloc-wide digital wallet on Wednesday, following requests from member states to find a safe way for citizens to access public a...

Platform Industry News: President Donald J Trump

Facebook has six months to determine if Trump returns

Facebook’s oversight board upheld the company’s suspension of former US President Trump but said the company was wrong to make the suspension indefinite and gave it six...

Platform News: Search engine Google's New York office

Google: ‘not up to us’ to dictate how news companies spend its $1 billion

Google has reached licensing deals with over 600 news outlets around the world and is seeing a “huge increase” in users requesting more content from specific publicatio...

Social media giant, Pinterest

Microsoft approached Pinterest about a potential deal (FT)

Microsoft is said to have approached Pinterest in recent months about a potential deal to acquire the $51 billion social media company, the Financial Times reported yesterday, citi...

Libra

Facebook’s Libra is to launch as early as January but scaled back

The Switzerland-based Libra Association which will issue and regulate Libra intends to launch a single electronic coin backed by the buck, the FT newspaper has said.

Platform News: Japan's SoftBank

SoftBank renews talks on taking the group private

SoftBank Group executives are considering carrying the Japanese tech group private as the company seeks a fresh plan after disposing of many large assets, the Financial Times has r...

Platform News: SoftBank Group CEO

SoftBank shares slide 7% as tech stock options bets unnerve investors

SoftBank Group closed some 7% down as the Japanese conglomerate’s bets on equity derivatives tied to listed platform businesses made investors uneasy amid a decline in market...

Platform Economy: TikTok and US politics

Oracle enters race to buy TikTok’s US operations

The Financial Times newspaper has reported that Oracle has held preliminary talks with TikTok’s owner, ByteDance, and is said to be seriously considering buying the viral sho...