July 17, 2019

Visa invests in Indonesian ride-hailing firm Go-Jek

Visa Inc said on Wednesday it has invested in Indonesia’s Go-Jek as part of the ride-hailing company’s ongoing Series F fundraising round. Powered by WPeMatico
July 17, 2019

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range

DouYu International Holdings Ltd , China’s largest live-streaming platform, on Tuesday said it sold $775 million in stock at a $3.73 billion valuation after pricing its […]
July 17, 2019

U.S. lawmakers take jabs at Amazon, Big Tech in antitrust hearing

Lawmakers on the House Judiciary Committee’s antitrust panel pressed an executive from Amazon.com Inc on Tuesday about allegations that it competed against its own sellers and […]
July 17, 2019

U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm

The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualcomm Inc on Tuesday, […]
July 16, 2019

Bitcoin tumbles as U.S. senators grill Facebook on crypto plans

The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political […]
July 16, 2019

Facebook should not be trusted with ‘crazy’ cryptocurrency plan: senators

Democratic and Republican lawmakers said on Tuesday that Facebook Inc’s track record of what they described as untrustworthiness should stand in the way of it launching […]
July 16, 2019

U.S. SEC chief says he has not met with Facebook since Libra announcement

A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media […]
July 16, 2019

United Airlines quarterly profit beats on strong travel demand, higher fares

United Airlines Holdings Inc on Tuesday reported a greater-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for […]
July 16, 2019

Wall Street slips as bank earnings, Trump trade comments weigh

U.S. stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening their profits, while comments from U.S. President […]
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