Shares of Bumble Inc, backed by Blackstone Group Inc, were set for a more than 67per cent jump in their market debut on Thursday, indicating a valuation of over US$13 billion for the operator of the dating app where women make the first move.
Indian technology minister Ravi Shankar Prasad warned U.S. social media firms on Thursday to abide by the country's laws, a day after a face-off between Prime Minister Narendra Modi's administration and Twitter over content regulation.
Semiconductor firms are seeking extra time to appeal last-minute Trump administration moves to block sales to Chinese telecoms company Huawei, hoping against the odds that the Biden administration will reverse course, five sources said.
Shares of Bumble Inc, backed by Blackstone Group Inc, were set for a near 47per cent jump in their market debut on Thursday, indicating a flying start for the operator of the dating app where women make the first move.
Wall Street's main indexes opened near record highs on Thursday as investors bet on more fiscal stimulus to ride out a coronavirus-driven recession with data showing a nascent recovery in the labor market was stalling.
Georgy Malets didn't make it to an anti-Kremlin rally last month. He was detained on his way there by police using facial recognition technology in the Moscow metro.
LONDON: Criminals are using a small group of cryptocurrency brokers and services to launder hundreds of millions of dollars of dirty virtual money, research shared with Reuters showed on Thursday. Just 270 cryptocurrency addresses, many connected to over-the-counter brokers, received US$1.3 ...
Bitcoin on Thursday jumped over 8per cent to an all-time high of US$48,481 after Bank of NY Mellon said it had formed a new unit to help clients hold, transfer and issue digital assets.
Uber Technologies Chief Executive Dara Khosrowshahi said on Thursday that the company discussed and "quickly dismissed" the idea of investing in bitcoin but told CNBC the ride-hailing company could potentially accept the cryptocurrency as payment.
Amsterdam has displaced London as Europe's biggest share trading centre after Britain left the European Union's single market, and picked up a chunk of UK derivatives business along the way, according to data published on Thursday.
