TikTok Parent ByteDance in Talks to Raise $2 Billion Before Possible Hong Kong Listing: Report

first_imgIt could result in Beijing-based ByteDance eventually listing some of its biggest assets, such as Douyin, the Chinese version of TikTok, in Hong Kong.ByteDance is currently fighting to avoid US attempts to ban TikTok over national security concerns.Listing ByteDance assets could provide a major boost for Hong Kong’s market, which has been weighed down by the US-China trade war, the coronavirus pandemic and last year’s roiling pro-democracy protests.- Advertisement – Beijing is pushing its tech giants to list on Chinese exchanges.Hong Kong and Shanghai were set this week for the dual listing of Ant, the Alibaba-linked digital payments and finance provider, which would have been a world-record IPO.But it was pulled at the last minute amid an escalating dispute between Ant, whose controlling shareholder is billionaire Alibaba co-founder Jack Ma, and Chinese regulators. – Advertisement – Citing fears of systemic financial risks, Beijing has imposed new restrictions on fast-growing online lending and credit products, like those offered by Ant, in the run-up to the share issue.This was seen as potentially changing the business landscape for Ant, forcing the IPO to be shelved for now.The Trump administration has insisted on the need to ban TikTok, saying it has links to the Chinese government through ByteDance and that user data could be obtained by Beijing. The popular short-video platform has 100 million users in the US.TikTok has repeatedly denied the claim. ByteDance has avoided a ban in the country by setting up TikTok Global, which will run the short-video app’s US operations and be part-owned by Walmart and Oracle.Are iPhone 12 mini, HomePod mini the Perfect Apple Devices for India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below. ByteDance, the Chinese parent of viral video platform TikTok, is in talks to raise $2 billion (roughly Rs. 14,800 crores) from investors before a possible listing of some of its businesses in Hong Kong, according to a report.The plan could eventually value ByteDance at a massive $180 billion (roughly Rs. 13,31,300 crores), Bloomberg News reported late Thursday, citing people familiar with the talks.- Advertisement – – Advertisement –last_img read more

Real Madrid: Bale’s relationship with Zidane is broken

first_imgThe fractious relationship between Gareth Bale and Zinedine Zidane at Real Madrid is showing no signs of improvement. Promoted ContentWhat Is A Black Hole And Is It Dangerous For Us All?This Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical5 Of The World’s Most Unique Theme ParksPlus-Size Babes Who Will Make Your Heart Race6 Ridiculous Health Myths That Are Actually TrueBirds Enjoy Living In A Gallery Space Created For ThemGreatest Movies In History Since 1982Best & Worst Celebrity Endorsed Games Ever MadeThe Highest Paid Football Players In The WorldThe Very Last Bitcoin Will Be Mined Around 2140. Read More5 Of The World’s Most Unique Theme ParksWho’s The Best Car Manufacturer Of All Time? According to the front page of Tuesday’s edition of Marca, the relationship is ‘broken’ and there are ‘no solutions’ for the situation to improve. It cites the Welshman’s appearance from the bench in Sunday’s 3-1 win over Eibar, in which the player looked demotivated and did not show any warmth to Zidane on the timeline. The 30-year-old has only scored two goals in La Liga this season and none since the 2-2 draw at Villarreal in early September, finding himself a peripheral figure this campaign. Bale remained at Madrid beyond the January transfer window despite reports linking him with a return to Tottenham, while a transfer to China collapsed last summer.Advertisement Loading… A report last month in Marca claimed that Newcastle United will make signing Bale their priority once their Saudi-backed takeover is processed next month. Zidane confirmed Carvajal’s injury and a knock to Hazard. Read Also: Barcelona target Sporting CP goalkeeper A subsequent report in Marca stated that Madrid were desperate to sell the player this summer but are yet to receive any offers. It is claimed that Los Blancos believe they can put the forward in the shop window in the remaining 11 matchdays of the campaign as they attempt to drum up interest in his signature. FacebookTwitterWhatsAppEmail分享 last_img read more

Walters treble sees off Rangers

first_img But further poor defending from QPR in stoppage time then allowed Walters to complete his treble with a header, leaving t he Londoners’ record on the road in the league this term showing 11 losses from 11 games. While they remain a point adrift of safety in 19th, Mark Hughes – Redknapp’s predecessor, who QPR sacked in late 2012 – has seen his team rise to ninth in the table following a fourth win in six league matches. QPR fans will be watching with interest to see if Redknapp makes any late moves in the transfer window before Monday’s deadline, with the manager having said he has been eyeing a couple of players on loan. Hughes, meanwhile, has appeared to play down the prospect of him trying to bring in new personnel, despite the loss this week of the influential Bojan Krkic to a season-ending knee injury. Stoke certainly did not appear to be suffering for Bojan’s absence in the opening half an hour or so here as Ireland – the man who had come into the team for the Spaniard, making his first start since early December – twice set up goals for the Potters’ top-scorer Walters. On both occasions, QPR inadvertently lent a helping hand. Firstly, some ponderous play saw ex-Stoke man Karl Henry let a Mauricio Isla pass run across him, and Ireland reacted sharply, nipping in with a tidy back-heel to tee up Walters, whose shot beat Robert Green. Victor Moses almost made it 2-0 soon after with a free-kick that curled just outside the top corner, and the ball subsequently broke to Ireland on the edge of box, the midfielder firing wide. There was then a sense of deja vu as Ireland and Walters again capitalised on the Rs losing possession. This time it was Eduardo Vargas giving it away in the Stoke half – once more Ireland intervened, launching a counter-attack that saw him eventually square to Walters, and the forward slotted past Green. QPR remain without an away point this season and second-bottom of the Barclays Premier League after Jonathan Walters’ hat-trick condemned them to a 3-1 defeat at Stoke. Press Association Another away defeat looked firmly on the cards for the visitors, but within two minutes they had pulled a goal back as the Potters had a defensive lapse of their own. Fer was able to prod the ball to Barton, his cut-back found Charlie Austin and the striker’s shot ricocheted off Phil Bardsley into the path of Kranjcar, who had an easy task to tap-in as Stoke appealed in vain for offside. There was a further setback for the home side moments later as their captain Ryan Shawcross was forced off injured, Marc Muniesa taking his place, but they finished the first half strongly as Moses played a one-two with Walters before lashing over. There were fierce attempts at either end as the second half got under way, Bardsley sending a free-kick swerving just too high and Vargas then having an acrobatic effort palmed away by Begovic. Moses, who has been caught up in diving controversy already this season, was then booked for simulation, before QPR went close to drawing level with two set-piece efforts. Barton sent his free-kick against the woodwork, possibly via a slight touch from Begovic, and the goalkeeper then smartly tipped Fer’s dead-ball delivery behind for a corner. It was proving a tense finale for Stoke until QPR again faltered at the back, with Barton’s attempted clearance with his head from a cross only finding Walters, who nodded in to take his tally for the season to 10 goals in all competitions. Sloppy play from Rangers was punished twice in the first half as Stephen Ireland teed up strikes for Walters in the 21st and 34th minutes. Harry Redknapp’s side quickly replied through Niko Kranjcar’s close-range finish, and, as they searched for an equaliser after the break, skipper Joey Barton struck the crossbar with one free-kick before Leroy Fer had another well saved by Asmir Begovic. last_img read more

What States Offer the Most Ideal Lifestyle

first_img August 15, 2016 475 Views Share Median Housing Price 2016-08-15 Seth Welborn What States Offer the Most Ideal Lifestyle?center_img in Daily Dose, Data, Headlines, News If families wanted to find the places with the most affordable housing, safest neighborhoods, most affordable child care, best job security, highest income, and the best education opportunities, where would they go?Analysis from GoBankingRates of all 50 states plus the District of Columbia ranked each one according to 12 factors in order to determine where families can enjoy the best lifestyle. The factors spanned the categories of jobs and income (median household income and state’s unemployment rate), housing (median home listing price and state property tax), lifestyle (state sales tax, child care cost, cost of groceries, and school district grades), healthcare (average cost of healthcare premium and how much the employer contributes to employee health insurance), and safety (violent crime and property crime rates).The study found that New Hampshire topped the list of best places to live due to its low crime rates, highly rated schools, low child care costs, and zero sales tax. North Dakota, Delaware, Montana, and Wyoming rounded out the top five.Source: GOBankingRatesWashington, D.C., ranked last on the list because of its high unemployment rate (fourth in the nation), high median home price ($549,900, second in the nation), high child care costs ($40,000 a year, more than double the national average), high cost of groceries, and high crime rate.“There really is no ‘one size fits all’ formula for those trying to decide the best place to raise their families today,” said Kristen Bonner, lead researcher on the GOBankingRates study. “Our study examined some of the main concerns families have during this process and found that it is possible to live in states where the cost of living won’t drain your bank account and your children can still attend good schools in a safe environment.”The two states with the lowest median home price (about $140,000), Ohio and Indiana, ranked 24th and 28th on the list, respectively. Maryland had the highest median household income at approximately $74,000 per year (more than $20,000 higher than the national average) but ranked only 25th on the list because of its higher-than-average crime rate, health insurance premium, and median home price.Click here to view the entire list to see where each state ranks.last_img read more