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MarketWatchAug 03, 2021
: Tencent and other gaming stocks tumble after China news outlet labels them ‘spiritual opium' for teens
Investors are worried a new level of regulation could be coming for the hard-hit technology sector in China.

Google Business NewsAug 03, 2021
Simone Biles takes bronze on balance beam in return to Tokyo Olympics - USA TODAY
Simone Biles takes bronze on balance beam in return to Tokyo Olympics  USA TODAYGymnastics beam final live stream: how to watch Olympics 2020 free online from anywhere  TechradarTokyo Games: US Gymnast Simone Biles Makes Olympics Return In Beam Final | Olympics News  NDTVSports.comView Full Coverage on Google News

Google Business NewsAug 03, 2021
What You Need To Know About NASA's Boeing Starliner Spacecraft Launch How To Watch It Live - SciTechDaily
What You Need To Know About NASA's Boeing Starliner Spacecraft Launch How To Watch It Live  SciTechDailyNASA, Boeing launch Starliner to the ISS: How to watch test flight live  CNETBoeing's Starliner capsule rolls out to launch pad again (photos)  Space.comBoeing set for rerun of Starliner space capsule test  BBC NewsBoeing Starliner Rolled to Pad for OFT-2 Launch  Boeing

Forbes HeadlinesAug 03, 2021
Ralph Lauren's CIO Has Helped Reshape How The Retailer Will Operate In A Hybrid World
Like so many retailers, Ralph Lauren has had its resilience tested as a result of the COVID-19 pandemic. The company's CIO invested in numerous technologies in the years prior, however, that fostered resilience in the retailer.

FT.com - China, Economy & TradeAug 03, 2021
China's Tencent imposes controls to tackle gaming addiction among children
Online games branded ‘spiritual opium' in Beijing's latest assault on tech and its social impact

MarketWatch MarketPulseAug 03, 2021
Marvell Technology to acquire Innovium in all-stock deal valued at $1.1 billion
Marvell Technology Inc. said Tuesday it has reached an agreement to acquire Innovium Inc., a provider of software for cloud and edge data centers, in an all-stock deal valued at $1.1 billion. The deal is expected to close by year-end and to add $150 million in incremental revenue in fiscal 2023. It's expected to be neutral to Marvell's adjusted per-share earnings in the first quarter after close and too boost it in the first full fiscal year after that. Marvell, which makes infrastructure semiconductor software, has a portfolio of Ethernet switch semiconductor solutions for the enterprise and carrier segment. "Innovium's TERALYNX(TM) switching architecture delivers the ultra-low latency, optimized power, high performance, and innovative telemetry that are critical in today's cloud-scale data centers," Marvell said in a statement. The deal will allow Marvell to "immediately participate in the fastest growing segment of the switch market with a cloud-optimized solution," said the statement. Marvell shares were slightly higher premarket and have gained 27% in the year to date, while the S&P 500 has gained 16.8%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



FT.com - Financial MarketsAug 02, 2021
Global stocks rise after calming words from Beijing
Wall Street listings from China have become a flashpoint after crackdowns on tech and education sectors
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