FTSE 100 made a quiet start ahead of the US jobs data, while first ‘real-world’ data on the omicron variant suggested it might be a tricky nut to crack. London’s blue-chip index rose 14 to 7.143.
Chinese ride hailing app Didi is to exit from the New York Stock Exchange, with plans to move to Hong Kong. The firm has been under intense pressure since its IPO in July, with China immediately beginning to crackdown on companies listed abroad following its listing.
A US watchdog is attempting to block the US$40bn takeover UK chip designer Arm Holdings by America’s Nvidia. The Federal Trade Commission says the deal would give Nvidia control over technology and designs that its competitors rely on.
Elon Musk has sold another 934,000 shares in Tesla, this time worth US$1.01bn, taking the value of his recent disposals to more than US$10bn. Astronomers meanwhile have accused the electric car entrepreneur of blocking out the stars with the Starlink satellite network.
Coinsilium has launched its PowerUps NFT collection on the Polygon network. It also revealed portfolio company Indorse’s play-to-earn game Blockbots will go live in next year’s first quarter.
Blackbird PLC (AIM:BIRD, OTCQX:BBRDF) said it had increased its US customer base to 80 American TV stations following a further expansion. Notable customers for its video platform include IMG, Univision, BT, Sky News Arabia, and Eurovision Sport.
NFT Investments has sold its 25% equity stake in Kodoku Studios to Pioneer Media for £500,000. The sale price represented an approximate 4-fold return on its investment.
