News Around the Globe
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 Salo A blowhard rapper has been busted in Los Angeles after rapping in a music video about “getting rich” by fraudulently obtaining COVID-19 unemployment benefits, federal prosecutors said. Fontrell …
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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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By Manskar Elon Musk’s rocket company SpaceX won’t take astronauts into space again until at least next month. NASA has pushed back the launch of SpaceX’s “Crew-1” mission to the …
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By Garger Vanessa Bryant celebrated the Los Angeles Lakers’ Sunday night championship-clinching win in a heartfelt Instagram post. “Go Lakers! Wish Kobe and Gigi were here to see this,” she …
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By Salo The World Health Organization has warned leaders against relying on COVID-19 lockdowns to tackle outbreaks — after previously saying countries should be careful how quickly they re-open. WHO …
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By Vega TikTok has been banned in Pakistan after the country’s telecom regulator deemed that it had failed to filter out “immoral and indecent” content. It is the latest blow …
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By Manskar The London Stock Exchange is selling its Italian counterpart to French markets giant Euronext for about $5.1 billion, the companies announced Friday. Euronext will add Milan’s Borsa Italiana …
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By Manskar Google rolled out a new name for its suite of workplace apps Tuesday along with a slate of new features to make collaboration easier. The package of services …
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