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10 Monday AM Reads

Barry Ritholtz

It’s a New Era for Tech Stocks. Regulators seem opposed to every proposed merger, while legislators push for new rules to crack down on the internet giants. When JPMorgan Chase analysts last year described Chinese internet companies as “uninvestable,” their report helped erase about $200 billion from US and Asian markets.

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New iPhone 11 To Be Revealed At Sept. 10 Launch Event

PYMNTS

Invitations were tagged “by innovation only” although Apple isn’t expected to change the basic iPhone design. Three new models are expected, replacing the iPhone XS, XS Max and XR with the anticipated iPhone 11, 11 Max/11 Pro and 11R. . The new iPhones are said to be critical to Apple’s holiday quarter. local time. .

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Today In Data: Rideshare Woes, Procurement Solutions And Investment Activity

PYMNTS

Many firms saw noticeable ups and downs in the past few days, with some experiencing highs like venture capital (VC) backing and new solutions to take extra tasks off employees’ hands. Others saw extreme lows, like massive devaluations and delays in important new product releases.

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Costco’s First China Store Signals Broader Retail Trend Into Foreign Markets

PYMNTS

The answer may hold lessons for other retailers eager to do more in the Chinese market. According to the South China Morning Post , Costco opened its first brick-and-mortar store in China this week in the Shanghai area, “five years after making its first online foray into China.” to sell on Alibaba.com. Weaker Demand.

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Red Envelopes, Pokemon And A Whole New Way For Alibaba And Tencent To Compete

PYMNTS

The Chinese New Year is upon us — and as is their annual custom, Tencent and Alibaba are competing to see which firm can own the hongbao game. The new strategies on offer seem to be bent on promoting their offline mobile payments and augmented-reality games. And there are more gamified features on offer.

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Costco’s New China Retail Move Highlights Broader Trends

PYMNTS

The answer may hold lessons for other retailers eager to do more in the Chinese market. According to the South China Morning Post , Costco opened first brick-and-mortar store in China this week, “five years after making its first online foray into China.” The store is located in the Shanghai area. to sell on Alibaba.com. Weaker Demand.

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iPhone 8 Prices Slashed In China Due To Low Demand Ahead Of iPhone X Launch

PYMNTS

According to news from Reuters , consumers can now get Apple ’s new iPhone 8 and iPhone 8 Plus at discounts of between nearly 14 percent and 20 percent in mainland China — an amazing deal considering iPhones have been known to sell for as much as four times the price in Hong Kong.

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