Chinese justice and commerce ministries order the ban in a joint statement condemning ‘undue extraterritorial jurisdiction measures’
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A statement from China’s Ministry of
Chinese justice and commerce ministries order the ban in a joint statement condemning ‘undue extraterritorial jurisdiction measures’
2 -MIN READ 2 -MIN

A statement from China’s Ministry of
Bottom line: Apple's services business is starting to feel the effects of rules that allow app developers to send iPhone users to payment systems outside the App Store. The changes are beginning to slow App Store spending and weaken the commission model that has helped make services one of Apple's most profitable businesses.
The Cupertino company reported $30.7 billion in services revenue for the June quarter, a record but
Singapore will introduce tax exemptions on profits earned by fund managers and make it easier for investment professionals to obtain visas as it seeks to head off growing competition in the asset management sector, the central bank has said.
The Monetary Authority of Singapore (MAS) and the finance ministry plan to exempt from tax investment profits earned by fund managers from managing certain funds, including those of single family offices. More details will be announced in the 2027 budget.
MAS also said on Wednesday it would support hedge funds

Sony and TSMC partnership has now been finalized. This is aimed at strengthening Sony’s mobile image sensor business. Still, whatever technological advancement comes out of this venture could find its way onto larger sensors too. I do expect, for example, that the LYTIA tech might find its way onto some APS-C and full-frame cameras, as it allows for incredible dynamic range without the penalty of lower rolling shutter (like we have on the Dual Gain tech).
Press text:
Sony Semiconductor Solutions Corporation (
