Apple (AAPL +1.6%) is also gaining today. In Q4, the tech giant’s Greater China revenue improved Y/Y in constant currency to $11.2B.
Dell launches new XPS 13 laptops
Dell (DELL +1.5%) updates its XPS 13 laptop with a 13.4-inch display, a larger keyboard, a larger trackpad, and a sleeker look.
Internally, the XPS 13 is now available with Intel’s 10nm Ice Lake processors with Core i3, i5, and i7 options.
Configuration options include 4GB, 8GB, 16GB, and 32GB of RAM and 256GB, 512GB, 1TB, and 2TB of SSD.
The new XPS 13 launches January 7, with prices starting at $999.99.
The Information sees Slack as M&A target
Slack (NYSE:WORK) gains after an opinion piece at The Information about why the company will be acquired this year.
Writer Kevin McLaughlin cites slowing revenue growth and increasing competitive pressure from Microsoft, which has pushed shares down about 40% since the June IPO.
WORK shares are up 0.2% to $22.53.
Ant Financial in running for Singapore banking license
Alibaba’s (NYSE:BABA) Ant Financial affiliate has applied for a digital banking license in Singapore.
Singapore’s central bank will issue up to two digital full bank licenses and three wholesale bank licenses.
Ant Financial statement to CNBC: “In line with our commitment to promoting financial inclusion globally, we have submitted an application to the Monetary Authority of Singapore for a digital wholesale banking license.”
Gaming company Razer is leading a consortium that has also applied for a license. Ride-hail firm Grab and Singapore Telecommunications are teaming up for an application.
21Vianet +1.4% on China Everbright Bank agreement
21Vianet (NASDAQ:VNET) announces winning a bid to provide and operate a mission-critical production center for China Everbright Bank.
Under the agreement, VNET will provide long-term IDC solutions to China Everbright.
The initial phase of the project, which includes 3,000 square meters of raised floor space, is expected to be completed in H1 2020.
