Business News
Facebook launches dating service in United States
Facebook Inc is launching its dating services in the United States, the social network said on Thursday, sending its shares up 2%.
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Business News
Slack shares tumble after dismal forecast
Shares of Slack Technologies Inc tumbled 14%, wiping out nearly all their gains since the company’s listing in July, after the workplace messaging firm warned of slower revenue growth amid intensifying competition.
Business News
GM will use Google to power future infotainment systems
General Motors Co will use embedded Google technology to power navigation, voice activated controls and other vehicle infotainment functions starting in 2021, in a win for Alphabet Inc in the race with Amazon.com and other technology companies to control dashboards.
Business News
Facebook launches dating service in U.S
Facebook Inc is launching dating services in the United States, the social network said on Thursday.
Business News
Wall St. gains on easing trade tensions, strong ADP jobs data
U.S. stocks rose on Thursday on hopes of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while data showing strong job addition in the private sector allayed some slowdown concerns.
Business News
Vuitton to hire more French handbag makers as Chinese sales boom
LVMH’s Louis Vuitton brand will hire another 1,500 manufacturing staff in France by 2022, as it expands production to meet strong demand in markets like China.
Trading Ideas
Is There Any Pattern to Bitcoin Price?
If you’re an investor, you’ve heard of Bitcoin before. There’s no ignoring it. Bitcoin has been hot news in the investing community for years, and has even garnered interest from the tech community for the blockchain technology it’s built on. Anytime it’s in the news, it commands major headlines—usually when they’re focused on Bitcoin price.
The price of Bitcoin can be described in one word: Volatile. It has a tendency to fluctuate dramatically depending on many variables—namely the stability (or instability) of other markets. Because it tends to be a reactionary currency, many people have tried to predict what it’s going …read more […]
Business News
Sony appeals to film lovers with slimline Xperia 5 smartphone
Sony launched the Xperia 5, a slimline version of its flagship smartphone, at the IFA consumer electronics fair in Berlin on Thursday as it seeks to strengthen its appeal to its niche audience of video, film and music lovers.
Business News
Wall Street opens higher on easing trade tensions
U.S. stocks opened higher for a second straight session on Thursday as Washington and Beijing agreed to hold high-level talks next month, raising hopes of a de-escalation in trade tensions.
Business News
WeWork seeks $20 billion-$30 billion in IPO valuation: Bloomberg
WeWork owner The We Company is targeting an initial stock market valuation of less than half of estimates from earlier this year, according to a report on Thursday, another sign of growing skepticism among investors about big but unprofitable technology names.
Business News
U.S. private payrolls accelerate; weekly jobless claims rise
U.S. private employers boosted hiring in August, suggesting the economy continued to grow at a moderate pace despite trade tensions which have stoked financial market fears of a recession.
Business News
WeWork seeks $20 billion-$30 billion in IPO valuation: Streetinsider citing Bloomberg
WeWork owner The We Company is seeking a valuation of between $20 billion and $30 billion in its planned initial public offering, Streetinsider.com reported on Thursday, citing Bloomberg, well below the $47 billion it was worth at the start of the year.
Business News
Facebook’s Libra falls into ‘big gap’ in EU rules: regulator
Facebook’s proposed Libra cryptocurrency falls into a “big gap” in European Union financial regulation at a time when the bloc’s ability to tackle money laundering is already stretched, a top EU regulator said on Thursday.
Business News
Slack shares tank after dismal forecast
Shares of workplace messaging company Slack Technologies Inc were set for their worst day since the company made its stock market listing in June, after it flagged slower revenue growth amid intensifying competition.
Business News
Brokerage Charles Schwab closing Singapore office two years after launch
Discount brokerage company Charles Schwab Corp will close its Singapore office by the end of this year, only about two years after opening it in late 2017.