Wall Street ends higher as softer producer prices data boosts rate-cut betsU.S. stock indexes climbed to nearly two-week highs on Tuesday, driven by softer producer price data for July which bolstered expectations ...
14 Aug, 2024, 07.48 AM IST
US stocks rise as inflation pressures ease and Starbucks soars with new CEO appointmentWall Street opened higher on Tuesday after producer prices data showed abating inflation pressures, keeping the Federal Reserve on track to...
13 Aug, 2024, 07.49 PM IST
Vice Media, decayed digital colossus, files for bankruptcyThe bankruptcy will not interrupt daily operations for Vice's businesses, which in addition to its flagship website include the ad agency V...
15 May, 2023, 12.03 PM IST
BuzzFeed soars on reports of Meta deal, plans to use OpenAIThe deal, reached last year, was valued at close to $10 million and BuzzFeed will help generate content for Meta's platforms and train crea...
27 Jan, 2023, 07.49 AM IST
Battery maker Amprius Tech to go public via $939 million SPAC mergerFounded in 2008, Fremont, California-based Amprius produces silicon anodes for lithium-ion batteries. The company says its cells provide mo...
13 May, 2022, 11.21 AM IST
5 world market themes for the week aheadThe China Evergrande Group saga moves into the next stage after ratings agency Fitch calls a default. Plus: Is SPAC-mania back from the dea...
11 Dec, 2021, 02.18 PM IST
BuzzFeed’s stock surges then falls in its public debutNot only did BuzzFeed’s stock, which trades under the ticker BZFD, close down 11% at $8.56 on its first day of trading after a brief early ...
07 Dec, 2021, 12.59 PM IST
Goldman Sachs, Ozy Media and a $40 million conference call gone wrongOzy Media accused of impersonating a Google executives, vastly inflating its web and video traffic and raising millions of dollars over a f...
28 Sep, 2021, 10.09 AM IST
Forbes to go public via $630 mln SPAC merger to expand consumer businessForbes, one of the oldest media outlets in the United States, will merge with Hong Kong-based Magnum Opus Acquisition Ltd, a SPAC led by Jo...
27 Aug, 2021, 08.53 AM IST
Forbes magazine publisher to go public via $630 million SPAC mergerForbes, one of the oldest media outlets in the United States, will merge with Magnum Opus Acquisition Ltd, a special purpose acquisition co...
26 Aug, 2021, 09.29 PM IST
FTSE 100 falls as StanChart, HSBC slide on 'FinCEN' reportShares of HSBC Holdings Plc, already trading at decade lows, slid 3.2%. Standard Chartered Plc also dropped 3.2% to its lowest since 1998.
21 Sep, 2020, 02.21 PM IST
What changed for D-Street while you were sleepingOil prices edged lower as receding Middle East tensions took some heat out of the market.
14 Jan, 2020, 08.09 AM IST
Alphabet, Facebook seen acquiring more as startup valuations sagFalling valuations present startup founders with difficult choices: They will have to reduce their cash burn and try to grow to earn back a...
22 Jun, 2016, 11.21 AM IST
Six useful tips from celebrities to secure your digital devicesWe leave traces of sensitive information every second we spend in the online world. Here are some useful tips to secure your digital device...
16 Jun, 2016, 03.46 PM IST
Sceptics target Facebook CEO Mark Zuckerberg for giving away 99% of his fortuneThere were a lot of people who found bad things to say about the announcement. They fell into several camps.
04 Dec, 2015, 04.27 AM IST
Here's why you can't uninstall Apple's pre-installed iPhone appsAfter all, what good is that Watch app if you have no intention of buying an Apple Watch? When is the last time you bought music from the i...
16 Sep, 2015, 03.25 PM IST
Story behind Vox Media's acquisition of Re/code, an 18 month old tech publicationAlthough sources say investors were willing to give Swisher and Mossberg more cash, the pair decided to sell their startup to Bankoff inste...
02 Jun, 2015, 04.24 PM IST