Alibaba co-founder Tsai set to own all of NBA Nets: reports

[ad_1] Kyrie Irving, left, and Kevin Durant of the Brooklyn Nets could have a new NBA boss as reports have Alibaba Group co-founder Joseph Tsai buying complete control of the team Joseph Tsai, co-founder of Chinese e-commerce giant Alibaba, is expected to purchase full control of the NBA’s Brooklyn Nets from Russian businessman Mikhail Prokhorov, […]

Mastercard to buy Nets payments services for $3.2 billion

[ad_1] Spending $3.2 billion on real-time payment capability US financial services company MasterCard has agreed to acquire Danish payment service company Nets’ account-to-account payment business for 2.85 billion euro ($3.19 billion), the Danish company said Tuesday. The acquisition includes “the clearing and instant payment services, and e-billing solutions,” according to a statement published by Nets. […]