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- NganseeNgansee
  ·2021-04-14
  [微笑]
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- NganseeNgansee
  ·2021-04-12
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  Why Is Alibaba Stock Surging Despite $2.87B Antitrust Fine?
  Shares of Alibaba Group Holdings jumped more than 8% on Monday in Hong Kong as investors cheered the
  Why Is Alibaba Stock Surging Despite $2.87B Antitrust Fine?
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- NganseeNgansee
  ·2021-04-11
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- NganseeNgansee
  ·2021-04-11
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  Netflix Grabs Sony's Pay-TV Movie Deal From Starz
  Most Hollywood studios have started their own streaming services to compete in the evolving media market. Sony picked a well-established partner instead.
  Netflix Grabs Sony's Pay-TV Movie Deal From Starz
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- NganseeNgansee
  ·2021-04-11
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  非常抱歉，此主贴已删除
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- NganseeNgansee
  ·2021-04-10
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- NganseeNgansee
  ·2021-04-09
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  Exclusive: China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions: sources
  (Reuters) - China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to
  Exclusive: China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions: sources
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- NganseeNgansee
  ·2021-04-09
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- NganseeNgansee
  ·2021-04-08
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- NganseeNgansee
  ·2021-04-08
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  非常抱歉，此主贴已删除
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the","content":"<p>Shares of&nbsp;<b>Alibaba Group Holdings</b>&nbsp;jumped more than 8% on Monday in Hong Kong as investors cheered the record&nbsp;$2.8 billion fine&nbsp;slapped on China's biggest e-commerce company as a result of an&nbsp;anti-monopoly investigation&nbsp;and hoped it could be the end of the regulatory troubles for ace entrepreneur Jack Ma’s company.</p><p><img src=\"https://static.tigerbbs.com/a66c8c899e524de9bf09f2b86f2fd84b\" tg-width=\"1302\" tg-height=\"833\"></p><p><b>What Happened:</b>Alibaba CEO Daniel Zhang said on Monday he does not expect any material impact due to the change in regulatory exclusivity arrangement and that it will introduce measures to lower entry barriers and business costs faced by vendors on its platforms, Reuters&nbsp;reported.</p><p>An anti-monopoly probe on the company that was launched late last year was aimed at&nbsp;a practice that allowed merchants to list their products on only one of the two platforms rather than two.</p><p>Alibaba Vice Chairman Joseph Tsai told analysts on Monday that the company is glad that the scrutiny is over now,Bloomberg&nbsp;reported. The landmark probe into China’s e-commerce leader was wrapped in just four months, compared to years of investigations such cases could take in the United States or the European Union, the report noted.</p><p>Alibaba on Saturday said it had&nbsp;received&nbsp;China’s State Administration for Market Regulation’s decision for which it was under investigation since December and thanked the regulators for its support.</p><p>The size of the penalty was determined after regulators decided to fine Alibaba 4% of its 2019 sales of 455.7 billion yuan.</p><p>The $2.8 billion was based on just 4% of the e-commerce giant’s 2019 domestic revenue. It’s much more than the nearly $1 billion&nbsp;fine&nbsp;paid by the U.S. chipmaker&nbsp;<b>Qualcomm Inc</b>&nbsp;in 2015 but is far less than the maximum 10% allowed under Chinese law.</p><p><b>Why It Matters:</b>China’s biggest e-commerce company came under the spotlight after its founder and outspoken business leader Ma’s public criticism of the country's banking sector as operating with that of a “pawnshop mentality.\" Shortly after, the company’s planned&nbsp;blockbuster Ant Group IPO plans&nbsp;were shelved.</p><p>Ma's Alibaba Group and other leading tech companies in China have been scrutinized by regulators over their growing influence in the country.&nbsp; Technology firms in China have been hiring legal experts and setting aside funds for potential fines amid the antitrust and data privacy crackdown by regulators.</p><p><b>Price Action:</b>Alibaba shares closed 2.16% lower at $223.31 in New York&nbsp;on Friday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Alibaba Stock Surging Despite $2.87B Antitrust Fine?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-12 13:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of&nbsp;<b>Alibaba Group Holdings</b>&nbsp;jumped more than 8% on Monday in Hong Kong as investors cheered the record&nbsp;$2.8 billion fine&nbsp;slapped on China's biggest e-commerce company as a result of an&nbsp;anti-monopoly investigation&nbsp;and hoped it could be the end of the regulatory troubles for ace entrepreneur Jack Ma’s company.</p><p><img src=\"https://static.tigerbbs.com/a66c8c899e524de9bf09f2b86f2fd84b\" tg-width=\"1302\" tg-height=\"833\"></p><p><b>What Happened:</b>Alibaba CEO Daniel Zhang said on Monday he does not expect any material impact due to the change in regulatory exclusivity arrangement and that it will introduce measures to lower entry barriers and business costs faced by vendors on its platforms, Reuters&nbsp;reported.</p><p>An anti-monopoly probe on the company that was launched late last year was aimed at&nbsp;a practice that allowed merchants to list their products on only one of the two platforms rather than two.</p><p>Alibaba Vice Chairman Joseph Tsai told analysts on Monday that the company is glad that the scrutiny is over now,Bloomberg&nbsp;reported. The landmark probe into China’s e-commerce leader was wrapped in just four months, compared to years of investigations such cases could take in the United States or the European Union, the report noted.</p><p>Alibaba on Saturday said it had&nbsp;received&nbsp;China’s State Administration for Market Regulation’s decision for which it was under investigation since December and thanked the regulators for its support.</p><p>The size of the penalty was determined after regulators decided to fine Alibaba 4% of its 2019 sales of 455.7 billion yuan.</p><p>The $2.8 billion was based on just 4% of the e-commerce giant’s 2019 domestic revenue. It’s much more than the nearly $1 billion&nbsp;fine&nbsp;paid by the U.S. chipmaker&nbsp;<b>Qualcomm Inc</b>&nbsp;in 2015 but is far less than the maximum 10% allowed under Chinese law.</p><p><b>Why It Matters:</b>China’s biggest e-commerce company came under the spotlight after its founder and outspoken business leader Ma’s public criticism of the country's banking sector as operating with that of a “pawnshop mentality.\" Shortly after, the company’s planned&nbsp;blockbuster Ant Group IPO plans&nbsp;were shelved.</p><p>Ma's Alibaba Group and other leading tech companies in China have been scrutinized by regulators over their growing influence in the country.&nbsp; Technology firms in China have been hiring legal experts and setting aside funds for potential fines amid the antitrust and data privacy crackdown by regulators.</p><p><b>Price Action:</b>Alibaba shares closed 2.16% lower at $223.31 in New York&nbsp;on Friday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128713746","content_text":"Shares of Alibaba Group Holdings jumped more than 8% on Monday in Hong Kong as investors cheered the record $2.8 billion fine slapped on China's biggest e-commerce company as a result of an anti-monopoly investigation and hoped it could be the end of the regulatory troubles for ace entrepreneur Jack Ma’s company.What Happened:Alibaba CEO Daniel Zhang said on Monday he does not expect any material impact due to the change in regulatory exclusivity arrangement and that it will introduce measures to lower entry barriers and business costs faced by vendors on its platforms, Reuters reported.An anti-monopoly probe on the company that was launched late last year was aimed at a practice that allowed merchants to list their products on only one of the two platforms rather than two.Alibaba Vice Chairman Joseph Tsai told analysts on Monday that the company is glad that the scrutiny is over now,Bloomberg reported. The landmark probe into China’s e-commerce leader was wrapped in just four months, compared to years of investigations such cases could take in the United States or the European Union, the report noted.Alibaba on Saturday said it had received China’s State Administration for Market Regulation’s decision for which it was under investigation since December and thanked the regulators for its support.The size of the penalty was determined after regulators decided to fine Alibaba 4% of its 2019 sales of 455.7 billion yuan.The $2.8 billion was based on just 4% of the e-commerce giant’s 2019 domestic revenue. It’s much more than the nearly $1 billion fine paid by the U.S. chipmaker Qualcomm Inc in 2015 but is far less than the maximum 10% allowed under Chinese law.Why It Matters:China’s biggest e-commerce company came under the spotlight after its founder and outspoken business leader Ma’s public criticism of the country's banking sector as operating with that of a “pawnshop mentality.\" Shortly after, the company’s planned blockbuster Ant Group IPO plans were shelved.Ma's Alibaba Group and other leading tech companies in China have been scrutinized by regulators over their growing influence in the country.  Technology firms in China have been hiring legal experts and setting aside funds for potential fines amid the antitrust and data privacy crackdown by regulators.Price Action:Alibaba shares closed 2.16% lower at $223.31 in New York on Friday.","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":1100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346705594,"gmtCreate":1618109159718,"gmtModify":1634294870179,"author":{"id":"3574754394074573","authorId":"3574754394074573","name":"Ngansee","avatar":"https://static.tigerbbs.com/5592622e25c1a3d93c1476af2d6f8035","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574754394074573","authorIdStr":"3574754394074573"},"themes":[],"htmlText":"Comment n like","listText":"Comment n like","text":"Comment n like","images":[{"img":"https://static.tigerbbs.com/15d74f51b3f3867d34a9043ca049e090","width":"1125","height":"3114"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346705594","isVote":1,"tweetType":1,"viewCount":1060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":346702592,"gmtCreate":1618109034316,"gmtModify":1634294871003,"author":{"id":"3574754394074573","authorId":"3574754394074573","name":"Ngansee","avatar":"https://static.tigerbbs.com/5592622e25c1a3d93c1476af2d6f8035","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574754394074573","authorIdStr":"3574754394074573"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346702592","repostId":"2126315033","repostType":4,"repost":{"id":"2126315033","kind":"highlight","pubTimestamp":1617981660,"share":"https://ttm.financial/m/news/2126315033?lang=&edition=full","pubTime":"2021-04-09 23:21","market":"us","language":"en","title":"Netflix Grabs Sony's Pay-TV Movie Deal From Starz","url":"https://stock-news.laohu8.com/highlight/detail?id=2126315033","media":"Anders Bylund","summary":"Most Hollywood studios have started their own streaming services to compete in the evolving media market. Sony picked a well-established partner instead.","content":"<p>Video-streaming veteran <b>Netflix</b> (NASDAQ:NFLX) just signed a multiyear content deal with <b>Sony</b> (NYSE:SNE) Pictures Entertainment. Starting in 2022, Sony will move its exclusive pay-TV distribution window from longtime partner <a href=\"https://laohu8.com/S/STRZA\">Starz</a> to Netflix, putting the studio's theatrical releases on Netflix's global streaming platform.</p><p>Sony and Netflix already had a streaming agreement for animated content, but this deal expands that partnership to all genres and production types. Titles making their home entertainment premiere in 2022 on Netflix rather than <b>Lions Gate Entertainment</b> (NYSE:LGF-A) (NYSE:LGF-B) subsidiary <a href=\"https://laohu8.com/S/STRZB\">Starz</a> will include the Brad Pitt thriller <i>Bullet Train</i>, the ensemble-cast action movie <i>Uncharted</i>, and the Reese Witherspoon-produced murder drama <i>Where the Crawdads Sing</i>.</p><p><img src=\"https://static.tigerbbs.com/9243727dc46ddf4fb557f7d44eef1325\" tg-width=\"700\" tg-height=\"534\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>Netflix will also distribute future titles in Sony's established film franchises such as <i>Venom</i>, <i>Jumanji</i>, and <i>Bad Boys</i>, as well as any other new projects that Sony's several studio brands may come up with. The deal also allows licensing rights for Netflix to show some titles from Sony's enormous back catalog.</p><p>Furthermore, Netflix gets \"first look\" privilege to consider developing any direct-to-streaming titles Sony's studios may develop during this agreement.&nbsp;Netflix has committed to releasing an undisclosed minimum number of such productions, which will add exclusive Sony/Netflix content on top of Sony's continuing theatrical productions.</p><p>The terms of the deal were not disclosed, but Netflix's payments to Sony should be \"record setting\" for a pay-TV distribution window, according to <i>Variety</i>'s anonymous insider sources.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Grabs Sony's Pay-TV Movie Deal From Starz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Grabs Sony's Pay-TV Movie Deal From Starz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/09/netflix-grabs-sonys-pay-tv-movie-deal-from-starz/><strong>Anders Bylund</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Video-streaming veteran Netflix (NASDAQ:NFLX) just signed a multiyear content deal with Sony (NYSE:SNE) Pictures Entertainment. Starting in 2022, Sony will move its exclusive pay-TV distribution ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/09/netflix-grabs-sonys-pay-tv-movie-deal-from-starz/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"https://www.fool.com/investing/2021/04/09/netflix-grabs-sonys-pay-tv-movie-deal-from-starz/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126315033","content_text":"Video-streaming veteran Netflix (NASDAQ:NFLX) just signed a multiyear content deal with Sony (NYSE:SNE) Pictures Entertainment. Starting in 2022, Sony will move its exclusive pay-TV distribution window from longtime partner Starz to Netflix, putting the studio's theatrical releases on Netflix's global streaming platform.Sony and Netflix already had a streaming agreement for animated content, but this deal expands that partnership to all genres and production types. Titles making their home entertainment premiere in 2022 on Netflix rather than Lions Gate Entertainment (NYSE:LGF-A) (NYSE:LGF-B) subsidiary Starz will include the Brad Pitt thriller Bullet Train, the ensemble-cast action movie Uncharted, and the Reese Witherspoon-produced murder drama Where the Crawdads Sing.Image source: Getty Images.Netflix will also distribute future titles in Sony's established film franchises such as Venom, Jumanji, and Bad Boys, as well as any other new projects that Sony's several studio brands may come up with. The deal also allows licensing rights for Netflix to show some titles from Sony's enormous back catalog.Furthermore, Netflix gets \"first look\" privilege to consider developing any direct-to-streaming titles Sony's studios may develop during this agreement. Netflix has committed to releasing an undisclosed minimum number of such productions, which will add exclusive Sony/Netflix content on top of Sony's continuing theatrical productions.The terms of the deal were not disclosed, but Netflix's payments to Sony should be \"record setting\" for a pay-TV distribution window, according to Variety's anonymous insider sources.","news_type":1,"symbols_score_info":{"NFLX":0.9,"QNETCN":0.9,"STRZA":0.9,"STRZB":0.9}},"isVote":1,"tweetType":1,"viewCount":2093,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346702671,"gmtCreate":1618109019393,"gmtModify":1634294871124,"author":{"id":"3574754394074573","authorId":"3574754394074573","name":"Ngansee","avatar":"https://static.tigerbbs.com/5592622e25c1a3d93c1476af2d6f8035","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574754394074573","authorIdStr":"3574754394074573"},"themes":[],"htmlText":"Like n comment&nbsp;","listText":"Like n comment&nbsp;","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/346702671","repostId":"1142324412","repostType":4,"isVote":1,"tweetType":1,"viewCount":1156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346843872,"gmtCreate":1618024424096,"gmtModify":1634295170053,"author":{"id":"3574754394074573","authorId":"3574754394074573","name":"Ngansee","avatar":"https://static.tigerbbs.com/5592622e25c1a3d93c1476af2d6f8035","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574754394074573","authorIdStr":"3574754394074573"},"themes":[],"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/346843872","repostId":"1104081344","repostType":4,"isVote":1,"tweetType":1,"viewCount":1170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348430174,"gmtCreate":1617949443498,"gmtModify":1634295569220,"author":{"id":"3574754394074573","authorId":"3574754394074573","name":"Ngansee","avatar":"https://static.tigerbbs.com/5592622e25c1a3d93c1476af2d6f8035","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574754394074573","authorIdStr":"3574754394074573"},"themes":[],"htmlText":"Loke n comment&nbsp;","listText":"Loke n comment&nbsp;","text":"Loke n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/348430174","repostId":"1106480336","repostType":4,"repost":{"id":"1106480336","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617948254,"share":"https://ttm.financial/m/news/1106480336?lang=&edition=full","pubTime":"2021-04-09 14:04","market":"hk","language":"en","title":"Exclusive: China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1106480336","media":"Reuters","summary":"(Reuters) - China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to ","content":"<p>(Reuters) - China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny.</p><p>The regulator, State Administration of Market Regulation (SAMR), has no objection to the $3.5 billion deal for the 60% of U.S.-listed Sogou that Tencent doesn’t already own, the people said, as long as Tencent is willing to set up a special mechanism to ensure data security - a first for SAMR deal approvals.</p><p>Tencent must also pay a comparatively small fine - 500,000 yuan ($76,000) - for not reporting deals properly for antitrust reviews, two of the people said, in line with past cases for similar violations.</p><p>The move highlights Chinese regulators are still looking to approve merger and acquisition deals in the tech sector, but now with strict conditions after years of a laissez-faire approach. The green light for the closely watched deal will come as a relief for China’s tech sector, reeling from Beijing’s antimonopoly crackdown on home-grown internet giants that culminated weeks after the shelving of fintech firm Ant Group’s $37 billion IPO in November.</p><p>“What SAMR wants is enforcement ... it is not in their interest to kill or actively block a deal,” said one of the people. “They are fine with companies’ actual market-leading status as long as it doesn’t prevent new entry into the market.”</p><p>The people with knowledge of the matter declined to be identified due to the sensitivity of the matter.</p><p>Sogou trails only Baidu and Qihoo 360 in China’s enormous internet search market, according to analytics firm SpeedTest, and is the sole search engine on Tencent’s all-in-one mobile app WeChat, a must-have in everyday life in China. Tencent, China’s biggest video game and social media company, first announced plans to take it private last September.</p><p>Tencent and SAMR did not immediately respond to requests for comments when contacted by Reuters.</p><p>Sogou declined to comment.</p><p><b>DATA CONCERN</b></p><p>One of the areas of heightened scrutiny has been M&amp;A deals in the sector in the recent past, with the regulators taking a dim view of the violation of antitrust rules and, in some cases, data privacy laws.</p><p>The linchpin of the deal approval conditions is meeting the regulator’s requirement on data security - defining who can have what kind of access to the bulk of users’ data and personal information, and how to use that, said the three people.</p><p>A merger of China’s two leading video games streaming sites - Huya and Douyu, both backed by Tencent - is also under review and will need to satisfy similar requirements on data security, said the sources.</p><p>Reuters reported last month that Tencent was having to offer concessions to get approval for its plan to merge the two sites, including giving up exclusivity on some of its content rights.</p><p>After the merger, Huya and Douyu will need to set up a firewall in-between and cannot share user data and information to each other, two of the people said.</p><p>SAMR would also approve the merger soon after a final touch on the concessions are made, they said.</p><p>($1 = 6.5468 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Exclusive: China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExclusive: China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-09 14:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) - China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny.</p><p>The regulator, State Administration of Market Regulation (SAMR), has no objection to the $3.5 billion deal for the 60% of U.S.-listed Sogou that Tencent doesn’t already own, the people said, as long as Tencent is willing to set up a special mechanism to ensure data security - a first for SAMR deal approvals.</p><p>Tencent must also pay a comparatively small fine - 500,000 yuan ($76,000) - for not reporting deals properly for antitrust reviews, two of the people said, in line with past cases for similar violations.</p><p>The move highlights Chinese regulators are still looking to approve merger and acquisition deals in the tech sector, but now with strict conditions after years of a laissez-faire approach. The green light for the closely watched deal will come as a relief for China’s tech sector, reeling from Beijing’s antimonopoly crackdown on home-grown internet giants that culminated weeks after the shelving of fintech firm Ant Group’s $37 billion IPO in November.</p><p>“What SAMR wants is enforcement ... it is not in their interest to kill or actively block a deal,” said one of the people. “They are fine with companies’ actual market-leading status as long as it doesn’t prevent new entry into the market.”</p><p>The people with knowledge of the matter declined to be identified due to the sensitivity of the matter.</p><p>Sogou trails only Baidu and Qihoo 360 in China’s enormous internet search market, according to analytics firm SpeedTest, and is the sole search engine on Tencent’s all-in-one mobile app WeChat, a must-have in everyday life in China. Tencent, China’s biggest video game and social media company, first announced plans to take it private last September.</p><p>Tencent and SAMR did not immediately respond to requests for comments when contacted by Reuters.</p><p>Sogou declined to comment.</p><p><b>DATA CONCERN</b></p><p>One of the areas of heightened scrutiny has been M&amp;A deals in the sector in the recent past, with the regulators taking a dim view of the violation of antitrust rules and, in some cases, data privacy laws.</p><p>The linchpin of the deal approval conditions is meeting the regulator’s requirement on data security - defining who can have what kind of access to the bulk of users’ data and personal information, and how to use that, said the three people.</p><p>A merger of China’s two leading video games streaming sites - Huya and Douyu, both backed by Tencent - is also under review and will need to satisfy similar requirements on data security, said the sources.</p><p>Reuters reported last month that Tencent was having to offer concessions to get approval for its plan to merge the two sites, including giving up exclusivity on some of its content rights.</p><p>After the merger, Huya and Douyu will need to set up a firewall in-between and cannot share user data and information to each other, two of the people said.</p><p>SAMR would also approve the merger soon after a final touch on the concessions are made, they said.</p><p>($1 = 6.5468 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SOGO":"搜狗"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106480336","content_text":"(Reuters) - China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny.The regulator, State Administration of Market Regulation (SAMR), has no objection to the $3.5 billion deal for the 60% of U.S.-listed Sogou that Tencent doesn’t already own, the people said, as long as Tencent is willing to set up a special mechanism to ensure data security - a first for SAMR deal approvals.Tencent must also pay a comparatively small fine - 500,000 yuan ($76,000) - for not reporting deals properly for antitrust reviews, two of the people said, in line with past cases for similar violations.The move highlights Chinese regulators are still looking to approve merger and acquisition deals in the tech sector, but now with strict conditions after years of a laissez-faire approach. The green light for the closely watched deal will come as a relief for China’s tech sector, reeling from Beijing’s antimonopoly crackdown on home-grown internet giants that culminated weeks after the shelving of fintech firm Ant Group’s $37 billion IPO in November.“What SAMR wants is enforcement ... it is not in their interest to kill or actively block a deal,” said one of the people. “They are fine with companies’ actual market-leading status as long as it doesn’t prevent new entry into the market.”The people with knowledge of the matter declined to be identified due to the sensitivity of the matter.Sogou trails only Baidu and Qihoo 360 in China’s enormous internet search market, according to analytics firm SpeedTest, and is the sole search engine on Tencent’s all-in-one mobile app WeChat, a must-have in everyday life in China. Tencent, China’s biggest video game and social media company, first announced plans to take it private last September.Tencent and SAMR did not immediately respond to requests for comments when contacted by Reuters.Sogou declined to comment.DATA CONCERNOne of the areas of heightened scrutiny has been M&A deals in the sector in the recent past, with the regulators taking a dim view of the violation of antitrust rules and, in some cases, data privacy laws.The linchpin of the deal approval conditions is meeting the regulator’s requirement on data security - defining who can have what kind of access to the bulk of users’ data and personal information, and how to use that, said the three people.A merger of China’s two leading video games streaming sites - Huya and Douyu, both backed by Tencent - is also under review and will need to satisfy similar requirements on data security, said the sources.Reuters reported last month that Tencent was having to offer concessions to get approval for its plan to merge the two sites, including giving up exclusivity on some of its content rights.After the merger, Huya and Douyu will need to set up a firewall in-between and cannot share user data and information to each other, two of the people said.SAMR would also approve the merger soon after a final touch on the concessions are made, they said.($1 = 6.5468 Chinese yuan renminbi)","news_type":1,"symbols_score_info":{"00700":0.9,"SOGO":0.9}},"isVote":1,"tweetType":1,"viewCount":879,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348497731,"gmtCreate":1617949419023,"gmtModify":1634295569583,"author":{"id":"3574754394074573","authorId":"3574754394074573","name":"Ngansee","avatar":"https://static.tigerbbs.com/5592622e25c1a3d93c1476af2d6f8035","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574754394074573","authorIdStr":"3574754394074573"},"themes":[],"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/348497731","repostId":"1147517160","repostType":4,"isVote":1,"tweetType":1,"viewCount":1835,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341403521,"gmtCreate":1617844305363,"gmtModify":1634296201745,"author":{"id":"3574754394074573","authorId":"3574754394074573","name":"Ngansee","avatar":"https://static.tigerbbs.com/5592622e25c1a3d93c1476af2d6f8035","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574754394074573","authorIdStr":"3574754394074573"},"themes":[],"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[{"img":"https://static.tigerbbs.com/7929b928fbbda0f05ecbad85cc6fe457","width":"1125","height":"2744"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341403521","isVote":1,"tweetType":1,"viewCount":1831,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":341409959,"gmtCreate":1617844198671,"gmtModify":1634296202352,"author":{"id":"3574754394074573","authorId":"3574754394074573","name":"Ngansee","avatar":"https://static.tigerbbs.com/5592622e25c1a3d93c1476af2d6f8035","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574754394074573","authorIdStr":"3574754394074573"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/341409959","repostId":"1193572308","repostType":4,"isVote":1,"tweetType":1,"viewCount":1034,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}