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Trump's media company falls after raising going concern doubts

Shares of Trump Media & Technology Group fell over 15% on Monday after it raised doubts that the parent firm of Truth Social platform might not be able to meet its financial liabilities, days after completing its merger with blank check firm Digital World Acquisition Corp.

Microsoft to separate Teams and Office globally amid antitrust scrutiny

Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months after it unbundled the two products in Europe in a bid to avert a possible EU antitrust fine.

Twilio appoints Sachem Head partner Andy Stafman to board

Cloud communications company Twilio has appointed a partner at Sachem Head Capital Management to its board, it said on Monday, as it faces pressure from several activist investment firms to make significant changes.

Focus on bitcoin in Q1 overshadows broadening of US ETF landscape

The birth of spot bitcoin exchange-traded funds (ETFs) and the quest for new ways to invest in the artificial intelligence overshadowed other trends in the broader ETF market in the first quarter, but analysts say other themes like single-country ETFs and bond ETFs are likely to play out through 2024.

SoftwareOne says its board plan backed by ISS amid power struggle

The board of Swiss IT services provider SoftwareOne said on Monday its plan to resolve a boardroom tussle with founding shareholders over the company's future has won the backing of proxy advisory firm Institutional Shareholder Services (ISS).

Singapore competition watchdog looked into potential Grab, Delivery Hero deal

Singapore's competition watchdog had looked into the likelihood of the now-collapsed talks between Grab Holdings and Delivery Hero raising worries about competition in the food delivery market, the regulator said on Monday.

Vietnam seeking to learn from China with high-speed rail plan

Vietnam is seeking to learn from China to develop its first high-speed railway network, according to its government, with plans in the works for a rail line running the length of the country.

Rakuten Group aims to integrate bank, fintech units

Rakuten Group plans to integrate its fintech businesses into one group, it said on Monday, aiming to strengthen collaboration and customer acquisition across areas from online banking and credit cards to securities and insurance.

China criticises US tightening of chip export rules

China has criticised the tightening of U.S. rules on semiconductor exports, saying they have created more hurdles to trade and more uncertainty in the chip industry.

Xiaomi's EV buyers face month-long waits for deliveries in sign of robust demand

China's Xiaomi is advising potential buyers of its SU7 electric sedan that they could face waits of four to seven months, in a sign of strong demand for its first-ever vehicle.

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