Chinese Video-App Firm Kuaishou Launches $5.4 Billion IPO in Hong Kong 
 

Chinese video-clip and live-streaming group Kuaishou Technology is seeking to raise up to $5.4 billion from an initial public offering, joining a string of tech companies from China that have listed in Hong Kong.

 
NCR Is Nearing a Deal to Buy ATM Operator Cardtronics 
 

NCR is finalizing a takeover that would value Cardtronics at $39 a share, or around $1.7 billion, outbidding a pair of investment firms that had earlier agreed to buy the ATM operator.

 
Big Tech Tops Lobbying Spending 
 

Facebook and Amazon boosted their federal lobbying expenditures last year as Big Tech braced for a new administration in the White House and new scrutiny of their business practices.

 
China Evergrande New Energy Vehicle Surges on Share Placement Plans 
 

Shares of China Evergrande New Energy Vehicle Group Ltd. surged after the company said it has lined up investors for a US$3.35 billion share placement

 
AstraZeneca's Vaccine Shortfall Threatens EU Plans to Boost Inoculations 
 

The drugmaker expects to deliver tens of millions fewer Covid-19 vaccine doses than planned to the EU in coming months, threatening the continent's efforts to increase vaccinations and delivering a fresh reputational blow to the company.

 
Cryptocurrency Startup's Future Hinges on SEC Case 
 

Ripple, the San Francisco company headed by Brad Garlinghouse, says its signature product, known as XRP, is a currency that shouldn't be subject to securities laws.

 
Tech Giants Apple, Microsoft and Tesla Headline Busy Earnings Week 
 

Tech giants Microsoft, Apple and Tesla will be among the companies headlining a busy earnings week, shedding more light on how businesses performed at the end of 2020 as Covid-19 cases rose.

 
Samsung Eyes Investing Up to $17 Billion in New U.S. Chip Plant 
 

The South Korean electronics giant is scouting locations in Texas, Arizona and New York for a semiconductor plant.

 
CrowdOut Capital Seeks Takeover of Bankrupt Entertainment Chain Punch Bowl 
 

The biggest lender to bankrupt Punch Bowl Social wants a chapter 11 trustee to take control of the entertainment chain.

 
Hunts Point Produce Market Reaches Deal With Workers, Ending Strike 
 

The Teamsters, representing 1,400 produce handlers and delivery drivers, approved the three-year contract with owners of the Bronx market that supplies a quarter of New York City's fresh produce.

(END) Dow Jones Newswires

January 24, 2021 23:15 ET (04:15 GMT)

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