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EPL Champions Liverpool FC looks to Asia for growth
EPL Champions Liverpool FC looks to Asia for growth

Nikkei Asia

time25-07-2025

  • Business
  • Nikkei Asia

EPL Champions Liverpool FC looks to Asia for growth

Sports English football club begins Asia tour with matches in Hong Kong, Japan Mohamed Salah celebrates after winning the Premier League at Anfield, Liverpool, on May 25. © Reuters CISSY ZHOU HONG KONG -- English football club Liverpool FC hopes to tap its millions of Asian fans to drive further growth, as the 2024-25 Premier League champion continues to run a financial deficit, according to CEO Billy Hogan. Liverpool FC generates most of its sales within the U.K., with revenue from the rest of the world contributing only a low single-digit percentage of the total.

Amazon to shut down Shanghai AI research lab
Amazon to shut down Shanghai AI research lab

Nikkei Asia

time23-07-2025

  • Business
  • Nikkei Asia

Amazon to shut down Shanghai AI research lab

Amazon says it is cutting jobs in Shanghai due to a streamlining effort and not primarily because of AI. CISSY ZHOU HONG KONG -- Amazon is shutting down its AI Lab in Shanghai, the latest U.S. tech giant to retreat from China amid ongoing trade and tech tensions between the world's two largest economies. "After a thorough review of our organization, our priorities, and what we need to focus on going forward, we've made the difficult business decision to eliminate some roles across particular teams in AWS," said Amazon spokesperson Brad Glasser, referring to Amazon Web Services, the company's cloud computing platform.

Amazon to shut down Shangai AI research lab
Amazon to shut down Shangai AI research lab

Nikkei Asia

time23-07-2025

  • Business
  • Nikkei Asia

Amazon to shut down Shangai AI research lab

Amazon says it is cutting jobs in Shanghai due to a streamlining effort and not primarily because of AI. CISSY ZHOU HONG KONG -- Amazon is shutting down its AI Lab in Shanghai, the latest U.S. tech giant to retreat from China amid ongoing trade and tech tensions between the world's two largest economies. "After a thorough review of our organization, our priorities, and what we need to focus on going forward, we've made the difficult business decision to eliminate some roles across particular teams in AWS," said Amazon spokesperson Brad Glasser, referring to Amazon Web Services, the company's cloud computing platform.

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