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Bank of Japan to extend Covid aid as virus fight drags on

Bloomberg The Bank of Japan (BOJ) is seen standing pat on its main policies at next week’s meeting, while tinkering on the margins of its toolkit by extending aid for pandemic-hit businesses as the country’s fight against the virus drags on. Some 89% of 44 economists surveyed by Bloomberg see the BOJ keeping in place its negative interest rate and ...

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TikTok charges $2m a day for top advertising spots

Bloomberg TikTok is selling its most valuable real estate for $2 million. The short-form video app is asking for more than $1.4 million for a takeover of its home page in the US during the third quarter, according to a document obtained by Bloomberg News. That figure will jump to more than $1.8 million in the fourth quarter — and ...

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Tech giants facing demands to downsize in new antitrust bills

Bloomberg Amazon.com Inc, Apple Inc and other US technology giants would have to sell or exit key businesses under sweeping antitrust legislation proposed by House lawmakers. The proposal is among a series of bills by House Democrats and Republicans that would place significant new constraints on how tech platforms run their businesses and give antitrust enforcers more legal authority to ...

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