Tencent offers buy out of Chinese search engine Sogou
Chinese tech giant Tencent has offered to buy search engine Sogou in a deal worth around $2 billion, sending the latter's share price soaring 48 percent in New York.
Jul 28, 2020
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Page 11 - News tagged with stock markets
Business
China tech giant Tencent expands into streaming in Asia
Chinese internet giant Tencent said Thursday it had bought some assets of struggling Asian streaming service iflix, in a major expansion of its online video presence in the region.
Jun 25, 2020
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Business
Optimism abounds on cryptocurrency ETFs despite lack of action
The financial technology industry is predicting that regulators will allow investments in virtual currencies through exchange-traded funds, or ETFs, despite rejections of past efforts and with no indication by officials that ...
Jun 10, 2020
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Business
AI stock trading experiment beats market in simulation
Researchers in Italy have melded the emerging science of convolutional neural networks (CNNs) with deep learning—a discipline within artificial intelligence—to achieve a system of market forecasting with the potential ...
Jun 2, 2020
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Energy & Green Tech
Clean energy is outperforming fossil fuels in America, UK and Europe
Renewable power is outperforming fossil fuels in US and European markets, according to a new report published by Imperial College Business School.
May 29, 2020
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Business
China tech giant Tencent's net profit jumps during pandemic
Chinese internet giant Tencent reported Wednesday a sharp rise in first-quarter net profit after a surge in demand for its online games as the coronavirus pandemic forces people to stay home.
May 13, 2020
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Business
Embraer shares drop 15 pct after Boeing deal fails
Shares of Embraer plunged by 15 percent Monday after Boeing pulled out of a $4.2 billion deal to buy the Brazilian aircraft maker's commercial plane division.
Apr 27, 2020
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Software
A clothing measurement app for the age of social distancing
Our world has been shaken by a deadly microscopic virus that has forced us to change the routines of our lives in major ways, routines that may never completely return to normal.
Business
Boeing CEO sees fresh demand in China for planes
Boeing has begun talks with China over new plane orders as the country emerges from the economic shutdown caused by the coronavirus, Boeing Chief Executive David Calhoun said Tuesday.
Mar 24, 2020
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Business
Private, online and hi-tech: the coronavirus economy
The coronavirus pandemic has sent stock markets into freefall and industries to the wall, however many firms enabling more private, online and tech-based living are emerging as potential winners.
Mar 22, 2020
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