HONG KONG'S BUY&SHIP TARGETS TOKYO IPO
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Buy&Ship, a Hong Kong-based company, has been selected by the Tokyo Stock Exchange for its IPO incubation program. The move marks the first time a Hong Kong firm has joined the initiative, supporting the logistics platform's Japan expansion strategy.
■ MORE FROM THE BUSINESS DESK
Ron Johnson, architect of the Apple Store, discusses his new book and the evolution of retail strategy in a landscape transformed by technology and changing consumer expectations.
The Federal Reserve unveiled regulatory proposals for stablecoin issuers Thursday, requiring some to fully back tokens with permissible reserve assets like short-term Treasury bills.
The United States has filed an application with the EU's General Court supporting X's effort to overturn a €120 million fine imposed under the Digital Services Act. The US argues the European Union overstepped its regulatory authority.
Flock, a developer of AI-powered surveillance technology, drew sharp criticism from Senate lawmakers Wednesday after its CEO skipped a hearing on the company's practices. Senator Josh Hawley singled out Flock as the most prominent player facing regulatory scrutiny.