Despite corporate woes and political turmoil, South Korea’s GDP grew more than expected in Q4, expanding 0.5% from the previous quarter and 2.4% year-on-year. Meanwhile, North Korea has carried out another test of a rocket […]
Souq.com has been bought by Amazon (NASDAQ:AMZN) for an undisclosed amount. It is a day after a counteroffer of $800M from Dubai’s Emaar Malls became public. “Amazon and Souq.com (Private:SOUQ) share the same DNA. We’re […]
The Trump administration’s target corporate-tax rate has nudged up since before the election. When then-candidate Donald Trump pledged to cut the rate to 15% from 35%. After a failed attempt to repeal the Affordable Care […]
Barclays initiates coverage of Amazon with an Overweight rating and $1,120 price target, suggesting 30% upside. The 12-month bull case PT of $1,344 is close to 60% upside. Amazon, says the team, is likely to be one of […]
UK Prime Minister Theresa May has signed a letter that officially notifies the EU of Britain’s withdrawal. The letter will be hand-delivered to European Council President Donald Tusk today and signal the start of negotiations […]
Twitter Inc is considering whether to build a premium version of its popular Tweetdeck interface aimed at professionals, the company said on Thursday, raising the possibility that it could collect subscription fees from some users […]
Tesla (NASDAQ:TSLA) will begin taking orders for its solar roof tiles next month, CEO Elon Musk tweeted on Friday. TSLA introduced the solar-powered roof shingles last October in leading up to the shareholder vote on […]
Apple has acquired the Workflow automation app, which allows iOS users to trigger a sequence of tasks across apps with a single tap. A spokesman for Apple confirmed on Wednesday the company’s acquisition of DeskConnect, […]
Steadily focused on the medium, Facebook (FB -0.3%) is bringing sound to videos within News Feed (silent prior; to fade in and out with scrolling), updates to vertical videos, picture-in-picture view while scrolling and a […]
Airbnb may pursue partnership and acquisitions as it looks to expand its business beyond home rentals, according to sources. The company announced in November that it was working on a flight-booking feature and a trip-planning […]
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