Friday, May 31, 2024

Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting a divest-or-ban law (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting a divest-or-ban law  —  - ByteDance halts plan to roll out shopping from Spain to Italy  — Company aims to entrench itself in its most lucrative market



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Sources: Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the Elden Ring game, in the coming weeks; Kadokawa had a ~$2.7B market cap (Reuters)

Reuters : Sources: Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the Elden Ring game, in the coming weeks; K...