Rivian shares leap in market debut, topping value of Ford, GM
Electric truck maker Rivian soared in its Wall Street debut on Wednesday, making the company worth more than traditional automakers Ford and General Motors.
Nov 10, 2021
0
66
Automotive
News tagged with company stock
Business
Cybersecurity firm McAfee to be sold for more than $14 bn
US cybersecurity firm McAfee announced on Monday it will be sold to a group of investors for more than $14 billion, just over a year after going public.
Nov 8, 2021
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34
Business
Uber Q3 loss widens on investment losses, revenue up 72%
Uber on Thursday posted a big rebound in third-quarter revenue thanks to riders and drivers returning from pandemic lockdowns, but its bottom-line loss was wider than Wall Street expected.
Nov 4, 2021
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10
Business
Amazon-backed EV startup aims for valuation above $50 bn
Rivian Automotive, an Amazon-backed electric vehicle startup, said Monday it is targeting a valuation of more than $50 billion.
Nov 2, 2021
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4
Business
WeWork back to Wall Street, two years after fiasco
WeWork's financial woes and aborted IPO made headlines in 2019, but two years later the office-sharing giant is returning to Wall Street after seeking to renew itself in response to the pandemic.
Oct 20, 2021
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4
Other
China limits children to 3 hours of online gaming a week
China is banning children from playing online games for more than three hours a week, the harshest restriction so far on the game industry as Chinese regulators continue cracking down on the technology sector.
Aug 30, 2021
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3
Business
Square to buy installment payment firm Afterpay in $29B deal
Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a "buy now, pay later'' option for merchants, in an all-stock deal valued at about $29 billion.
Aug 2, 2021
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552
Business
Zoom buying Five9 in $14.7B all-stock transaction
Zoom, the videoconferencing company whose growth was supercharged by the pandemic over the past year, will buy the cloud call center company Five9 in an all-stock deal valued at about $14.7 billion.
Jul 19, 2021
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4
Business
China watchdog launches review of Didi Global days after IPO
China's internet watchdog said Friday that it has launched an investigation into ride-hailing company Didi Global Inc. to protect national security and public interest, days after the company went public in New York.
Jul 2, 2021
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2
Business
Spotify posts rare profit, shares tumble on timid user growth
Spotify posted on Wednesdaya rare net profit in the first quarter and a sharp increase in paid subscribers as the music streaming giant launched in dozens of new markets, but disappointing total users sent shares tumbling.
Apr 28, 2021
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