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Business January 12, 2021

BREAKING: Visa, Plaid abandon $5.3B merger deal after DOJ antitrust lawsuit

Visa Inc. (NYSE: V) and Plaid mutually decided to abandon their $5.3 billion merger agreement after the U.S. Department of Justice (DOJ) filed a lawsuit to block it. The companies…

By – Marivic Cabural Summers
Latest news
Business January 12, 2021
Billionaire Chamath Palihapitiya invests big in climate change

Billionaire investor Chamath Palihapitiya announced on Tuesday that he just made his “biggest investment in climate change.” In…

By Rochdi Rais
Business January 12, 2021
Twilio CEO Jeff Lawson urges U.S. gov’t to regulate social media algorithms

In a bid to scale up efforts to combat disinformation, Twilio CEO Jeff Lawson urged the United States…

By Dee Dulfo
Business January 12, 2021
YouTube competitor Rumble sues Google, seeks $2 billion damages

A YouTube competitor, Rumble filed a lawsuit against Google alleging that the tech giant violated antitrust laws by…

By Rochdi Rais
Business January 11, 2021
Amazon warns employees about far-right threats to blow-up its data centers

Amazon.com (NASDAQ: AMZN) warned its employees that far-right activists threatened to blow-up its data centers after its decision…

By Marivic Cabural Summers
Business January 11, 2021
Parler files lawsuit to stop Amazon from shutting down its life support

Parler sued Amazon Web Services (AWS), a subsidiary of Amazon.com (NASDAQ: AMZN) on Monday following the suspension of…

By Rochdi Rais
Business January 11, 2021
Jack Ma still AWOL after failed Ant IPO launch

Jack Ma, one of China’s most successful businessmen who founded Alibaba, remains AWOL following a failed initial public…

By Colby McCoy
Business January 11, 2021
China’s big tech regulation, part of its strategy to becoming a ‘technological superpower’

The recent regulatory actions of China against the country’s big technology companies are part of its broader strategy…

By Dee Dulfo
Business January 11, 2021
Guggenheim’s Scott Minerd says Bitcoin is unsustainable, urges investors to sell

Scott Minerd,  the Global Chief Investment Officer of Guggenheim said the parabolic rise of Bitcoin is unsustainable in…

By Rochdi Rais
Business January 11, 2021
Reddit user finds 127 Bitcoins at his grandpa’s house, sells it for $4 million

A pseudonymous Reddit user said he found 127 Bitcoins at his grandpa’s old computer and sold them for…

By Rochdi Rais
Business January 10, 2021
Elon Musk simple tweet helps boost two unrelated ‘Signal’ companies

Tesla (NASDAQ: TSLA) CEO Elon Musk helped boost the businesses of two unrelated companies with the name Signal…

By Dee Dulfo

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