Online lending startup Social Finance Inc (SoFi) is nearing a deal to go public through a merger with Social Capital Hedosophia Holdings Corp V, a blank-check acquisition company led by venture capital investor Chamath Palihapitiya, people familiar with the matter said on Thursday.
Facebook Inc and Instagram will extend a ban on U.S. President Donald Trump's accounts for at least the next two weeks until the presidential transition is completed, Chief Executive Officer Mark Zuckerberg said.
The total market value of all cryptocurrencies rose above US$1 trillion for the first time on Thursday as Bitcoin surged to a record high, according to data by crypto coin trackers CoinMarketCap and CoinGecko.
Online lending startup Social Finance Inc (SoFi) is nearing a deal to go public through a merger with Social Capital Hedosophia Holdings Corp V, a blank-check acquisition company led by venture capital investor Chamath Palihapitiya, people familiar with the matter said on Thursday.
China's Baidu Inc plans to form a company to make smart electric vehicles, two sources familiar with the matter said, with manufacturing to be carried out at plants owned by automaker Geely.
Daimler AG's on Thursday unveiled a new "Hyperscreen" display that will cover almost the entire dashboard of its luxury Mercedes-Benz models, in a bid to outdo Tesla Inc's large touchscreen infotainment system that has been a hallmark of the electric carmaker's success.
US unemployment claims slip to still-high 787,000
Burger King has redesigned its brand including its logo, food packaging and restaurants in order to reflect improvements such as eliminating preservatives, the fast food chain announced on Thursday.
French luxury goods group LVMH on Thursday named new managers for Tiffany, including two top Louis Vuitton executives, in its first shake-up at the U.S. jeweller as it closed its US$15.8 billion acquisition.
French IT consulting group Atos SE has made a takeover approach to buy U.S. rival DXC Technology and values the NYSE-listed business at more than US$10 billion, two sources with knowledge of the matter told Reuters.
