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The Latest Breaking News from BlackRock Inc

Here's Why Jack Ma Led Alibaba Affiliate's IPO Got Postponed Indefinitely

Jack Ma's Alibaba Group Holding Ltd (NYSE:BABA) affiliated fintech Ant Group's Hong Kong listing got postponed indefinitely as the bankers remained concerned over China's continued crackdown on the domestic tech sector, the Infomation reports. The weakness of publicly traded Chinese tech stocks, including Alibaba, has made it difficult for Ant and its stakeholders.…

Benzinga

Here's Why Verizon, BlackRock Collaborated

Verizon Communications Inc (NYSE:VZ) looks to build a private 5G network for BlackRock Inc at its new Hudson Yards headquarters, juicing up rivalry with AT&T Inc (NYSE:T) and T-Mobile US Inc (NASDAQ:TMUS). Verizon said that the new 5G wireless technology could replace Wi-Fi and give BlackRock the ability to use applications like virtual reality and edge computing that require…

Benzinga

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