News & Perspective
Keep current on recent E.J. McKay news & industry trends.
Tencent takes minority stake in French casual games maker Voodoo
For Tencent, Voodoo’s reservoir of mini games is an ideal match to WeChat messenger, which itself runs a platform for light and simple games that can reach over 1 billion users.The other benefit…
Gold jewelry demand plunges 46% in the first half of 2020
Gold jewelry demand in the first half of 2020 fell to unprecedented levels due to the global coronavirus pandemic, which shut down the consumer economy in much of the world. Further deterioration in…
Diller’s IAC/InterActive Invests $1 Billion in MGM Resorts
MGM Resorts welcomed IAC as a “long-term strategic partner” and said it intended to invite them to join the company’s board of directors. “IAC’s expertise in growing and expanding brands online is a…
Google invests $450 million in ADT, gets exclusive hardware deal
Google and ADT have announced, “a long-term, strategic partnership” that will see Google invest $450 million in ADT and the two companies combine their smart home and home security lineup. Google says the…
Daiichi Sankyo and AstraZeneca Enter New Global Development and Commercialization Collaboration
Daiichi Sankyo Company, Limited announced on July 27, 2020 that it has entered into a global development and commercialization agreement with AstraZeneca for Daiichi Sankyo’s DS-1062, a TROP2 directed DXd antibody drug conjugate…
Alibaba’s Ant Group fires starting gun on dual listing in Hong Kong, Shanghai
Ant Group, the fintech arm of Chinese e-commerce giant Alibaba Group Holding (BABA.N), said it has started the process of a dual listing in Hong Kong and on Shanghai’s Nasdaq-style Star Market, kicking…
