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The Latest Breaking News from SCMP

Alibaba's Ant On Hiring Spree In Singapore As It Faces Regulatory Headwinds In China

The financial technology giant Ant Group — an affiliate company of the Chinese Alibaba Group Holding Limited (NYSE: BABA) — is expanding in Singapore as it faces regulatory challenges in its home country.

Benzinga

Alibaba Hunts For New SCMP Chief As It Devotes Former Chief To NFT Spinoff

Alibaba Group Holding Ltd (NYSE:BABA) owned South China Morning Post is on a CEO hunt, Bloomberg reports. The move coincided with Alibaba weighing options for media assets, including SCMP. Alibaba dedicated SCMP chief Gary Liu to running a spinoff to turn artwork into non-fungible tokens. Also Read: Alibaba Launches New NFT Marketplace: What…

Benzinga

Gymnastics Australia helped write 'independent' process that blocked complaint against chief executive

A complaint about the chief executive of Gymnastics Australia was deemed "out of scope" of an independent complaints process, but new information has revealed Gymnastics Australia itself helped write the complaints policy.

ABC News

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Micron To Shut Shanghai DRAM Design Operations, Relocate Engineers: Report

U.S. memory chip giant Micron Technology Inc (NASDAQ:MU) has confirmed it will close its DRAM design operations in Shanghai by 2022 end, SCMP reports. Micron looks to ask ~150 Chinese engineers to relocate to the U.S. or India. Micron, which employs about 43,000 people globally, did not provide a reason for the decision.…

Benzinga

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