News Around the Globe
By Manskar Jeff Bezos sold another $3 billion worth of Amazon stock this week as his e-commerce empire’s share price continued to soar. The tech tycoon dumped 1 million Amazon …
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By Ellie The TikTok company is discussing the round with existing investors including Sequoia Capital and General Atlantic to raise around $2 billion for the company, the people said, declining …
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By Steigrad AT&T is in talks with private-equity firms to sell a “significant” minority stake in its pay-television businesses including DirecTV, according to a report. A number of private equity …
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By Mcenery Crispin Odey – a personal friend of Prime Minister Boris Johnson who famously profited off Brexit after fiercely advocating for it — said he will step down as …
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By Steigrad Eko – a tech startup that has accused Jeffrey Katzenberg’s ill-fated video-streaming app Quibi of infringing on its patented technology — is asking the court to freeze Quibi’s …
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By Manskar Juul Labs helped Chinese authorities take down a manufacturer that allegedly ripped off its vapes and sold the fakes overseas, the company said. The operation was one of …
Read More By Vega TikTok got yet another reprieve on Friday after a federal judge blocked a Trump administration ban which would have effectively shut down the Chinese-owned app in the US …
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By Lisa The world’s largest fintech company, China’s Ant Group, will try to raise nearly $35 billion in a massive public offering of stock that would shatter records. Alibaba-affiliated Ant …
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By Vega The outspoken CEO of the electric-car maker is poised to unlock the fourth tranche in an eye-popping $50 billion performance-based compensation deal, bring his total stock awards to-date …
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By Lisa Sales of the iconic, 62-year-old doll surged 29 percent in the most recent quarter, notching their best performance in at least two decades, according to Mattel. The El …
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By Manskar The soft-drink giant plans to get rid of about 200 brands — or roughly half of its portfolio — in an effort to focus on its top-performing products. …
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By Manskar Burger King plans to start testing reusable burger boxes and cups next year as part of its efforts to reduce waste. Diners in New York City, Tokyo and …
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By Lisa Jeff Bezos’ Amazon has filed a new lawsuit over counterfeit baby products as it struggles to rid its site of fakes. The August complaint, unsealed in federal court …
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By Manskar LG’s TV of the future is finally on sale — and it costs as much as a brand-new luxury sedan. The Korean electronics giant made its cutting-edge “rollable” …
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By Alex The healthy growth spurt that Netflix has enjoyed this year because of the coronavirus is finally coming to an end. The video-streaming giant — which has been one …
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By Jack Cell service could soon be out of this world. NASA has awarded Nokia a $14.1 million-dollar contract to bring astronauts the first cellular network on the moon, the …
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By Alex Instagram has agreed to measures to crack down on hidden advertising by so-called influencers on its photo and video platform, Britain’s Competition and Markets Authority said Friday. Influencers …
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By Manskar Regulators fined British Airways more than $25 million Friday for allegedly bungling a massive data breach that affected more than 400,000 people. The airline failed to implement security …
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By Vega YouTube is cracking down on conspiracy theories pushed out by believers in the QAnon movement. The Google-owned video platform announced Thursday that it will be banning cospiracy theory …
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By Manskar Johnson & Johnson reported stronger than expected quarterly profits, but the stock fell nonetheless after the drugmaker temporarily halted a crucial late-stage study of its coronavirus vaccine. The …
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