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Formula One changes gears in Asia-Pacific

FORMULA ONE CHANGES GEAR

Fresh from a chaotic Singapore Grand Prix on Sunday, television coverage of formula One motorsport is set to switch broadcast partners in Asia-Pacific. Sports Business reports that the pay-TV broadcaster be in sports is finalizing a multi-year deal beginning in 2023 that covers most of its Asia-Pacific footprint but excludes Australia, where Foxtel recently renewed its deal, and New Zealand. The anticipated deal would cover Brunei, Cambodia, Hong Kong, Indonesia, Laos, Malaysia, the Philippines, Thailand, Timor-Leste and Singapore. The rights were previously operated by Fox SportsAsiawhich Disney It closed around this time last year.

OUT-OF-COURT SETTLEMENT

richard liucelebrity billionaire founder of chinese e-commerce giant jd.com, agreed over the weekend to settle a civil lawsuit in the US where a Chinese woman alleged he raped her in Minneapolis in 2018. No criminal charges were filed and Liu repeatedly denied the allegations. He stepped down as CEO of JD.com earlier this year as Chinese authorities put pressure on the country’s Internet companies. A joint statement issued on Saturday called the incident a “misunderstanding.”


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