Internet
Feb. 4—A day after Facebook reported that its streak of user growth had come to an end, its parent company's stock plunged more than 26% in a staggering loss that obliterated more than $230 billion in market value and triggered ...
Feb 4, 2022
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Business
Buy now, pay later (BNPL) companies were among the stock market darlings of 2020—and nowhere more than in Australia, the birthplace of pioneering companies Afterpay and Zip Co. There are 15 BNPL companies listed on the ...
Dec 14, 2021
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A new Chinese stock exchange focused on SMEs began trading in Beijing on Monday, boosting support for smaller-scale firms as economic growth slows and Beijing cracks down on domestic tech giants.
Nov 15, 2021
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Three multinational giants—General Electric, Johnson & Johnson and Toshiba—this week announced plans to split into multiple companies, joining a trend the firms hope will provide more growth opportunities.
Nov 13, 2021
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Business
US securities regulators studying the mysterious surge in GameStop shares in January called Monday for deeper examination of "game-like" features on some trading platforms.
Oct 19, 2021
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Business
Foreign shareholders in China's tech companies are learning what its entrepreneurs have long known: The ruling Communist Party's decisions about what is good for the economy can hurt your business.
Jul 28, 2021
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Bytedance founder Zhang Yiming, the brains behind TikTok, said he preferred "daydreaming" as he stepped down as head of his own firm last week. But his departure comes as several of China's once-lauded tech entrepreneurs ...
May 28, 2021
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Cyberattacks have long been seen as a threat to financial markets, but worries are becoming even more acute following a US pipeline hack that set off a public panic and forced the company to pay a ransom.
May 26, 2021
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Business
The Asian ride-hailing firm Grab said Tuesday that it plans a US listing in partnership with Altimeter Growth Corporation in an operation that values Grab at $39.6 billion (33.3 billion euros).
Apr 13, 2021
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Business
Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms.
Apr 12, 2021
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