Merger & Acquisition
Unable to accept the reality that a Chinese company could develop a highly popular app called TikTok, the United States has been trying everything in its power to control it. ByteDance now has two options – either sell it to American owners, or get ready to be banned. The Senate voted 79 to 18 after […]
... written on Apr 24 2024Remember those days at school when we received tips that the discipline teacher is doing a spot check? Students would comb their hair to look like Elvis Presley, trim their fingernails and tug in their shirts nicely. And when the feared teacher arrived with his inch-size cane, everyone pretended to be paying attention. Of course, […]
... written on Jul 04 2023Rosmah Mansor raised eyebrows when she made a high profile visit to the UMNO headquarters on Dec 8, 2022. She pretended by asking not to be photographed, despite knowing very well reporters were on site as UMNO president Ahmad Zahid Hamidi was about to chair an explosive Supreme Council meeting, which ended with the sacking […]
... written on Dec 24 2022Volvo is set to reveal a new electric car today (2 March). The new 40-series compact model – C40 Recharge – will be the Swedish brand’s second electric car after it launched its first fully electric car, the XC40 Recharge EV, last year. The second electric vehicle will be based on the same Compact Modular […]
... written on Mar 02 2021Backdoor Prime Minister Muhyiddin’s D-Day is on Thursday (Nov 26). If the regime’s Budget 2021 is passed, the usefulness of UMNO (and Barisan Nasional for that matter) would be over, at least temporarily. In short, until the next Budget 2022, the premier’s Perikatan Nasional (National Alliance) government will have very little use of UMNO and […]
... written on Nov 24 2020Zahid Hamidi blinks. The indecisive UMNO president was trying to play safe when he declared Bung Moktar, the Sabah BN (Barisan Nasional) Chief, had been granted autonomy to decide on Sabah Chief Minister if the coalition emerges victorious in the state election. Actually, Zahid did not want to get the blames in case BN lost […]
... written on Oct 01 2020In August, President Donald Trump issued twin executive orders that would shut down two Chinese apps – TikTok and WeChat – by September 20, if they were not sold to American owners. In fact, just five days ago (Wednesday), Trump told reporters that he was not ready to approve a proposal from China-based ByteDance to […]
... written on Sep 21 2020For the time being, Donald Trump doesn’t know what to do with TikTok’s counter proposal of making Oracle its “business partner” or “trusted tech partner”. As a trusted tech partner, Oracle will manage TikTok’s U.S. user data. As a business partner, Oracle will own a minority stake that will be less than 20% of the […]
... written on Sep 19 2020As Donald Trump’s September 20 deadline approaches for China-based ByteDance to sell its hugely popular social video app TikTok to American companies, a decision has been made. ByteDance won’t be selling its TikTok U.S. assets to Microsoft after all. Instead, it has chosen Oracle as its “business partner” or “trusted tech partner”, just to satisfy […]
... written on Sep 15 2020In every crisis lies an opportunity, says a famous quote by Albert Einstein. As millions of people continue to depend on video-conferencing thanks to the Coronavirus pandemic, Zoom has added nearly 105,000 new customers in the second quarter. The number might look small, but the new subscriptions delivered a whopping 81% of its revenue growth. […]
... written on Sep 03 2020