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What Is Ant, the Chinese Fintech Giant With Big IPO Plans?

The Chinese fintech titan Ant Group—co-founded by Alibaba billionaire Jack Ma—is set to go public in what could be one of the largest listings ever. WSJ explains how Ant's backbone service, Alipay, has revolutionized payments and investing in the world's most populous country.
#Alibaba  #Jack Ma  #ANT 
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News update Friday, April 19

Stolen Salvator Rosa Painting Found in Romania: Police Optimistic about Recovering Remaining Artworks

A stolen 17th Century painting worth around £10m from Oxford University's Christ Church Picture Gallery was found in Romania.

Man Carrying Suspected Explosives Detained at Iran Embassy in Paris: Police

A man was detained by French authorities on Friday after the Iranian consulate in Paris reported that someone had entered the building with an explosive.

Meteorologist Warns of 'Weather Wars' Amid Debate over Dubai Rain and Cloud Seeding

A debate is ongoing in the meteorological community regarding the cause of Dubai's recent heavy rainfall, with some experts disputing claims that cloud seeding was responsible.

Urgent Call from William Burns as Kyiv Braces for Russian Summer Offensive.

CIA Director William Burns warned lawmakers on Capitol Hill that Ukraine could lose the war against Russia by the end of 2024 if they don't approve aid for Kyiv's war efforts.

Children Used as 'Guinea Pigs' in Infected Blood Trials: Hundreds of Kids Exposed to Hepatitis C and HIV in the 1970s and 80s

In the 1970s and 80s, children with blood clotting disorders in the UK were used in secret clinical trials without their families' consent.

Google Terminates Employment of 28 Workers After Sit-In Protest Against Israel Contract

Google fired 28 employees after they staged a sit-in protest against the company's $1.2 billion cloud services contract with the Israeli government, as part of the "No Tech for ...

Global Cyber Gang Busted: 37 Arrested for Industrial-Scale Phishing Scam, Stealing £1m and 544,000

A global cyber gang was dismantled by police after they used a technology service to carry out industrial-scale fraud through fraudulent text messages.

Doha Hamad Overtakes Singapore Changi as World's Best Airport in Skytrax Awards 2024

In the Skytrax World Airport Awards 2024, Singapore's Changi Airport, which had won the title 12 times, was dethroned as the world's best airport by Doha's Hamad International A...

Hugh Grant Settles Privacy Case Against Rupert Murdoch's Tabloid for 'Enormous Sum', Avoiding Millions in Legal Fees

Actor Hugh Grant reached a settlement with Rupert Murdoch's News Group Newspapers (NGN) over allegations of unlawful information gathering, avoiding a potential legal bill of mi...

EHRC Warns: Self-Identified Gender Quotas in Welsh Parliament Reform May Be Unlawful

The Equality and Human Rights Commission (EHRC) has raised concerns that a proposed new law in Wales to enforce gender equality in elections to the Welsh Parliament may be unlaw...

Tory MP Mark Menzies Suspended over Alleged Misuse of £14,000 in Campaign Funds

A Conservative MP, Mark Menzies, representing the Fylde constituency in Lancashire, has been suspended by the Conservative Party after allegations of misusing campaign funds.
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