According to a report from Bloomberg citing sources familiar with the matter at hand as saying, in recent months Twitter Inc had held discussions to acquire Clubhouse for $4 billion valuation. Discussions are no longer ongoing, and it is not… Read More ›
Reddit Inc’s valuation has more than doubled to $6 billion after it raised more than $250 million in a new round of funding. It has been at the core of the recent social media-driven retail trading frenzy. In a statement,… Read More ›
In a statement Starbucks Corp said, it would roll out its new plant-based lunch menu in China later this this week, and launch Beyond Meat Inc’s products in the country. Starbucks Corp, the world’s biggest coffee chain, has reopened the… Read More ›
Facebook is facing yet another lawsuit over its political advertisement policy on its platform. Washington state’s attorney general has filed a second lawsuit against Facebook Inc over political ads saying the social media giant has once again failed to make… Read More ›
Private equity firm Silver Lake Partners aims to raise at least $16 billion from investors for its sixth flagship buyout fund despite prevailing uncertainties following the outbreak of the Wuhan Coronavirus, said sources familiar with the matter at hand. Investing… Read More ›
According to sources familiar with an intelligence reporting, U.S. spy agencies are finding it hard to put together a precise picture of the world’s coronavirus outbreaks. There are serious gaps in their ability to assess the situation in China, North… Read More ›
Here’s how a benign New Year tweet by a Huawei’s social media handler uncovered the national underlying discrimination against foreign companies. In a development that provides indirect evidence of the measures Chinese companies take to pressure and force its citizens… Read More ›
The bulk of the spending on advertising will be allocated to social media ads and paid searches on search engines. As per a report prepared by Zenith, an industry forecaster, companies across the globe would have spend nearly $581 billion… Read More ›
19.6% of the U.S. oil refinery halted by tropical storm Harvey has halted, as of Tuesday. In a significant blow to U.S. oil production, the largest crude oil refinery in the country was forced to shutdown on Tuesday night due… Read More ›
Australia desperately needs within the next 2 years more installations of wind and solar energy plants to avert severe blackouts. Elon Musk, Tesla’s CEO, has offered to save Australians from their dependency from the state by installing battery storage worth… Read More ›
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