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Media & Telecom

Media & Telecom · 2:44 AM UTCAckman’s SPAC signs deal to buy 10% of Vivendi’s Universal

Billionaire investor William Ackman's Pershing Square Tontine Holdings (PSTH.N) signed a deal to buy 10% of Universal Music Group (UMG), Taylor Swift's label, for about $4 billion, the companies said on Sunday.

ChinaHong Kong's Apple Daily says only has cash for few weeks after assets frozen
TechnologyFacebook launches Clubhouse-like live audio rooms and podcasts
Middle EastPresident-elect Raisi: Iran's priority is improving ties with Gulf Arab neighbours
TechnologyAmazon, Apple most valuable brands but China’s rising - Kantar survey
TechnologyGerman antitrust watchdog launches investigation into Apple
TechnologyHyundai completes Boston Dynamics purchase from SoftBank
ChinaBachelet seeks Xinjiang visit this year, says HK trials key test
Asia PacificHK pro-democracy tabloid Apple Daily may shut down this week - memo
Middle EastIran set to stay on hardline course after Raisi win, Saudi commentators say
BusinessNaspers offshoot Prosus reports earnings boost from Tencent stake
Media & TelecomSouth Africa's Naspers reports 24% rise in full-year profit
BusinessFreight tech startup Forto raises $240 million in Softbank-led round

Forto has raised $240 million from investors led by Softbank (9984.T), the freight technology startup said on Monday, and will invest in expanding its platform for organising trade shipments between China and Europe.

Asia PacificThe rise and fall of HK’s Apple Daily and media magnate Jimmy Lai
Media & TelecomAxiata, Telenor seal $15 bln deal to form Malaysia’s biggest mobile operator
Media & TelecomWhat people in Hong Kong say about Apple Daily
Asia PacificEXCLUSIVE HK's Apple Daily to shut within days, says Jimmy Lai adviser
ChinaApple Daily editor, CEO denied bail in Hong Kong
Asia PacificHK police charges two Apple Daily execs with collusion with foreign country
Asia PacificU.N. decries "further chilling message" for Hong Kong media freedom