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Karnataka’s Yediyurappa says Tesla to set up electric car manufacturing unit- CNBC TV 18

Tesla Inc will set up an electric car manufacturing unit in the southern Indian state of Karnataka, CNBC TV 18 reported on Saturday, citing Karnataka chief minister B.S. Yediyurappa.

Markets

Vivendi plans to distribute 60per cent of UMG capital to shareholders, list it by year-end

Vivendi said on Saturday it planned to distribute 60per cent of Universal Music's capital to investors, subject to shareholder approval, and aimed to list its most-prized asset, home to singers such as Lady Gaga and Taylor Swift, by the end of the year.

Markets

Clubhouse says reviewing data protection practices after report points to flaws

U.S. audio app Clubhouse said it is reviewing its data protection practices, after a report by the Stanford Internet Observatory said it contained security flaws that left users' data vulnerable to access by the Chinese government.

Markets

ByteDance explores sale of Indian TikTok assets to rival firm Glance – Bloomberg

The discussions, initiated by Japan's SoftBank Group Corp, are private, early and complex, the report https://bloom.bg/3pgJdsi said, citing people familiar with the matter.

Markets

Twitter chief Dorsey teams with Jay-Z to back bitcoin

SAN FRANCISCO: Twitter chief Jack Dorsey on Friday (Feb 12) put out word that he and rap mogul Jay-Z are creating a fund devoted to making bitcoin digital money "the Internet's currency". Dorsey, who is also founder and chief of financial services and mobile payments firm Square, said in a...

Markets

Reuters Poll: US recovery on track, but jobs growth needs time – economists

(This Friday story corrects name to TD Bank Group from TD Securities in paragraph 4)

Markets

VW ‘unintended victim’ in battery supplier dispute, seeks four-year reprieve

Volkswagen AG late Friday called itself an "unintended victim" in a battle between two battery suppliers and urged the U.S. government to extend a reprieve to buy batteries key to its planned U.S. electric vehicle production.

Markets

US FTC opens probe into Nvidia’s acquisition of Arm – Bloomberg

The U.S. Federal Trade Commission has opened an in-depth probe into Nvidia Corp's agreement to acquire Arm Ltd, Bloomberg reported on Friday, citing a source.

Markets

Canadian regulator clears launch of world’s first bitcoin ETF – investment manager

Canada's main securities regulator has cleared the launch of the world's first bitcoin exchange traded fund, an investment manager said on Friday, providing investors greater access to the cryptocurrency that has sparked an explosion in trading interest.

Markets

Roaring Kitty to testify on GameStop alongside hedge fund managers

The YouTube streamer known as Roaring Kitty, who helped drive a surge of interest in GameStop Corp, will testify before a House panel on Thursday alongside top hedge fund managers.

Markets

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