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NBA, Twitch announce deal for digital rights to USA Basketball

The National Basketball Association on Tuesday said that Amazon.com Inc's Twitch would be its exclusive digital partner for streaming USA Basketball games globally through 2020.

Markets

8chan founder hopes El Paso shooting ‘final nail in coffin’

The American creator of the 8chan website linked to deadly US mass shootings said on Tuesday (Aug 6) he hoped the El Paso carnage would be the "final nail in the coffin" for the forum, which he accused of harbouring "domestic terrorists".

Markets

Trump, without evidence, accuses Google of ‘very illegal’ action ahead of election

U.S. President Donald Trump on Tuesday stepped up his accusations against Google, claiming without offering evidence that the technology company worked to subvert his 2016 presidential campaign and warning he was watching it "very closely."

Markets

Trump, without evidence, accuses Google of ‘very illegal’ action amid election

U.S. President Donald Trump on Tuesday stepped up his accusations against Google, claiming without offering evidence that the technology company worked to subvert his 2016 presidential campaign and warning he was watching it "very closely."

Markets

Mastercard to buy European payments company Nets for US$3.19 billion

Payments processor Mastercard Inc on Tuesday said it would buy a majority of the corporate services businesses of European payments company Nets for about US$3.19 billion.

Markets

Futures rebound after Wall Street’s worst day of 2019

REUTERS: U.S. stock index futures signaled a bounce on Tuesday, as China stepped in to steady the yuan and investors sought beaten-down stocks, a day after Wall Street's main indexes racked up their steepest one-day percentage fall of the year. The benchmark S&P 500 and Nasdaq lost at least...

Markets

HSBC to pay US$330 million to end Belgian probe

HSBC has agreed to pay €294.4 million (US$330 million) to end a Belgian criminal investigation into allegations of massive fraud and money-laundering involving wealthy diamond traders, prosecutors said on Tuesday (Aug 6).

Markets

China’s Huawei seeks compensation from Flex over withheld goods

Huawei Technologies said it was seeking compensation from its contract manufacturer Flex Ltd for illegally withholding some 400 million yuan (US$57 million) worth of its goods in the wake of a U.S. trade ban on the Chinese firm.

Markets

Weaponising the yuan: A double-edged sword for Beijing

China's move to devalue its currency could prove to be a double-edged sword in its escalating trade war with the United States, offsetting tariffs but potentially hurting Beijing's efforts to shore up its weakening economy, analysts say.

Markets

Tencent set to take stake in Universal Music

Chinese internet giant Tencent is in early talks to take a stake in the Universal Music Group, a behemoth in the global music industry, UMG's French owner said on Tuesday.

Markets

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