August 6, 2019

Snap to raise $1 billion to invest in AR, possible acquisitions

Snap Inc on Tuesday said it will raise $1 billion in short-term debt and plans to invest in more media content, augmented reality features and may […]
August 6, 2019

Tech leads Wall Street rebound after worst day of 2019

U.S. stocks bounced back on Tuesday, led by gains in technology shares, as China stepped in to stabilize the yuan, a day after Wall Street’s main […]
August 6, 2019

CBS, Nexstar to renew affiliation agreement in multi-year deal

CBS Corp said on Tuesday it reached a multi-year agreement with Nexstar Media Group Inc to renew CBS network affiliations for Nexstar stations. Powered by WPeMatico
August 6, 2019

Exclusive: China warns India of ‘reverse sanctions’ if Huawei is blocked – sources

China has told India not to block its Huawei Technologies [HWT.UL] from doing business in the country, warning there could be consequences for Indian firms operating […]
August 6, 2019

Sprint to launch Chinese-made OnePlus 5G smartphone in U.S.

Sprint Corp said on Tuesday it would launch a 5G smartphone made by OnePlus, becoming the second U.S. wireless carrier after T-Mobile to offer a cellphone […]
August 6, 2019

Oil hovers around $60 as U.S.-China trade tensions weigh

Oil prices rebounded slightly on Tuesday from big falls in recent sessions, but Brent crude remained near seven-month lows around $60 a barrel due to escalating […]
August 6, 2019

Futures rebound after Wall Street’s worst day of 2019

U.S. stock index futures signaled a bounce on Tuesday, as China stepped in to steady the yuan and investors sought beaten-down stocks, a day after Wall […]
August 6, 2019

Rout eases as China keeps yuan on a leash

A rout in global markets eased on Tuesday as China kept the yuan on a tight leash after its landmark drop past 7 to the dollar […]
August 6, 2019

Vivendi turns to Tencent to gain Universal foothold in China

Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent , valuing its prized asset at around 30 billion euros […]
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