Originally launched out of Tel Aviv in 2014, Zeek has since expanded to the U.K., which is now a key market for the startup and part of the reason for today’s announced fund-raise. The new […]
As widely expected, the US Federal Reserve held rates steady Wednesday, but it also offered an optimistic outlook on the economy with a diminished risk profile. Improvements in the labor market and economy will likely […]
Given that the stock was down almost 50% over the past year heading into the report, investors would have likely overlooked the revenue miss and paltry year-over-year U.S. MAU growth of 1% (+4% growth for […]
The Japanese government rolled out a surprisingly large stimulus package equal to about 6% of the economy. Markets reacted quickly, tamping down the yen and sending stocks higher, while the move was seen as raising […]
Earnings per share estimates of 82 cents were handedly beat by Facebook (NASDAQ:FB), which reported 97 cents per share in earnings for the second quarter. Revenue of $6.44 billion beat estimates by $420 million and […]
Blockchain technology is all the rage in the corporate world, and Ethereum Blockchain as a Service from Microsoft Azure and ConsenSys promises to advance the field. The service allows users to create their own blockchain […]
With most Indians lacking a bank account but many wielding smartphones, the economy appears set to move from a cash-centric one to one in which digital transactions are common. Nonbank companies that offer digital payment […]
The 0.5% acceleration in Britain’s economic growth in the second quarter, coming after three years of steady increases in GDP, will be the last economic expansion the UK will see before shifting into decline for […]
As consolidation in the semiconductor business picks up, Analog Devices said it has agreed to buy Linear Technology for $14.8 billion. Analog will pay $46 in cash and 0.2321 of a share of its own […]
Deutsche Boerse received approval for its merger with London Stock Exchange Group, with 60.35% of shareholders having voted for the deal by Tuesday’s deadline. The merger still needs regulator support, with German markets regulator BaFin […]
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