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Asian markets slide amid fears of U.S. data center delays

Asian stock markets tied to the artificial intelligence boom plunged Friday morning amid fears that U.S. Democrats may delay data centers, Nikkei Asia reported. Taiwan's Taiex recorded a record intraday point drop, while South Korea's Kospi fell 8.7% and Japan's Nikkei fell 6.7%. The declines followed a technology stock sell-off.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Fox closes $22 billion Roku acquisition

Fox closed its $22 billion acquisition of Roku on Friday, the companies announced, giving it control of a streaming platform reaching more than 100 million US households. Roku founder Anthony Wood now serves on Fox's board.

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Aave Labs acquires Avon team and lending technology

Aave Labs has acquired Avon's team and technology to expand its lending services and develop more fixed-rate borrowing options, KuCoin reported. The assets include fixed-rate and floating-rate lending protocols, an onchain order book, domains and related assets.