REUTERS: Playtika Ltd, a mobile gaming company owned by a Chinese investor group, has hired investment banks to prepare for a U.S. initial public offering that could raise around US$1 billion, people familiar with the matter said on Tuesday. Playtika's preparations illustrate how some Chinese ...
Facebook said Tuesday it has suspended accounts associated with white nationalist groups after some advocated bringing weapons to the current wave of anti-racist protests.
REUTERS: Playtika Ltd, a mobile gaming company owned by a Chinese investor group, has hired investment banks to prepare for a U.S. initial public offering that could raise around US$1 billion, people familiar with the matter said on Tuesday. Playtika's preparations illustrate how some Chinese ...
South Korea unveiled on Wednesday (Jun 3) a 35.3 trillion won (US$28.8 billion) supplementary budget, to raise the total stimulus to 270 trillion won for an economy facing its worst growth since the 1998 Asian financial crisis due to the coronavirus pandemic.
Facebook's messaging platform WhatsApp and Paypal said on Wednesday they had invested in Indonesian payments and ride-hailing firm Gojek as part of its ongoing fundraising round.
Asian stocks were poised to follow the global rally on Wednesday as hopes of more government stimulus bolstered riskier assets and overshadowed a host of other worries from the coronavirus to Hong Kong and growing U.S. civil unrest.
Twitter Inc said on Tuesday that it appointed Patrick Pichette, former chief financial officer at Google, as chairman, replacing Omid Kordestani.
The coronavirus pandemic is shredding the global apparel industry, stripping hundreds of billions of dollars from sales and thrusting big names like J.Crew into bankruptcy protection.
REUTERS: Google was sued on Tuesday in a proposed class action accusing the internet search company of illegally invading the privacy of millions of users by pervasively tracking their internet use through browsers set in "private" mode. The lawsuit seeks at least US$5 billion, accusing the ...
The coronavirus pandemic has accelerated trends in the Fourth Industrial Revolution, says Orange Business’ Nick Lambert.
