Friday, April 23, 2021

China's move to rein in its tech behemoths is part of its national refocusing on data as an economic driver, as evidenced partly by new data usage laws (Bloomberg)

Bloomberg:
China's move to rein in its tech behemoths is part of its national refocusing on data as an economic driver, as evidenced partly by new data usage laws  —  - China forecast to hold about a third of world's data by 2025  — ‘A complete national refocusing on data as an economic driver’



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...