NEW YORK / HONG KONG (Reuters) – Some investors in TikTok parent company ByteDance, seeking to take over the popular social media app, value it at around $ 50 billion, significantly more than its peers, like Snap. Inc (SNAP.N), according to people familiar with the matter. FILE PHOTO: Tik Tok …
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(For a live blog on the US stock market, click or type LIVE / in a news window) * Pfizer rose after raising the forecast for the full year * McDonald’s falls when global sales at the same store disappoint * 3M falls as quarterly earnings fail estimates * Downward …
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The logo of US chipmaker Intel Corp is seen in its “smart building” in Petah Tikva, near Tel Aviv, Israel, December 15, 2019. REUTERS / Amir Cohen (Reuters) – Intel Corp’s (INTC.O) Engineering chief Murthy Renduchintala is leaving, part of a move in which a key technology unit will be …
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BRUSSELS (Reuters) – Facebook is suing EU antitrust regulators for seeking information beyond what is necessary, including very personal details, for their investigations into the company’s data and market, the social media group said on Monday. from USA FILE PHOTO: A 3D printed Facebook logo seen on a keyboard is …
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FILE PHOTO: People are seen inside a Huawei store in a shopping mall in Beijing, China, July 14, 2020. REUTERS / Tingshu Wang (Reuters) – Chinese telecommunications company Huawei Technologies Co has cut its 2020 India revenue target by up to 50% and is laying off more than half of …
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