PayPal Holdings Inc's decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a widespread means of payment.
Shares of McAfee Corp fell 7per cent in their market debut on Thursday, marking a disappointing opening for the cyber security firm after it raised about US$620 million in its initial public offering.
South Korea's antitrust chief said on Thursday the agency believes U.S. search engine giant Google has undermined competition, adding that the agency plans to present a case to its review committee this year.
HONG KONG: Hong Kong's markets watchdog on Thursday (Oct 22) fined Goldman Sachs's Asian business US$350 million for its role in Malaysia's multibillion-dollar 1MDB scandal, the largest single fine ever levied by the regulator in the Asian financial hub. The Securities and Futures Commission (SFC) ...
Facebook Inc's Oversight Board, which can overrule the company's decisions on whether pieces of content should have been removed, said on Thursday it was now accepting cases for review.
Coca-Cola Co beat quarterly revenue expectations on Thursday as the world's largest soda maker benefited from the partial reopening of theaters and restaurants, which have remained shut for months due to the COVID-19 pandemic.
Goldman Sachs Malaysia, a unit of the Wall Street investment banking group , on Thursday pleaded guilty to U.S. Department of Justice charges over its role in Malaysia's 1MDB corruption scandal, as it looks to settle a probe that has dogged the bank for years.
The U.S. auto safety regulator on Thursday said it was closely watching Tesla Inc's release of a software version intended to allow its cars to drive themselves, saying it would not hesitate to take action to protect the public.
The S&P 500 and Nasdaq inched higher at the open on Thursday as investors held out for more fiscal stimulus, while trading in Dow constituents was subdued as data pointed to a slowing economic recovery.
Facebook Inc on Thursday said its WhatsApp messaging app would start to offer in-app purchases and hosting services, as it moves to boost revenue from the app while knitting together e-commerce infrastructure across the company.
