Bloomberg

Indian digital payments startup Paytm, formerly known as One97 Communications, will seek shareholder approval to sell about $1.6 billion new stock in its initial public offering, Bloomberg reports. Paytm plans to sell $1.61 billion in new shares plus a potential 1% for over-allotment. Paytm...

Apple Inc, (NASDAQ: AAPL) Samsung Electronics Co Ltd (OTC: SSNLF) cover glass supplier, Biel Crystal Manufactory Ltd, is eyeing a Hong Kong initial public offering (IPO) to raise around $2 billion, Bloomberg reports. The touch screen manufacturer is working with China...

KeepTruckin Inc has raised $190 million in a new funding round that values the San Francisco fleet management software provider at $2.3 billion, Bloomberg reports. The funding will help to develop its technology offerings in part by doubling the headcount of its research and development...

Multiple websites operated by financial institutions, governments, and airlines, including Hong Kong Exchanges & Clearing Ltd and Australia’s central bank, went offline briefly in the second global internet outage on Thursday, Bloomberg reports. What Happened: Akamai Technologies Inc...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google will mark its brick-and-mortar debut in New York City, highlighting its initiative to promote its consumer hardware devices, Bloomberg reported. The store, in Manhattan’s trendy Chelsea neighborhood, will open to the public on...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) autonomous car unit, Waymo, has raised $2.5 billion in the latest funding round to advance its technology, Bloomberg reports. What Happened: The fund will help advance the company's autonomous driving technology, Waymo Driver, and grow...

Sony Group Corp (NYSE: SONY) planned to restore the Cyberpunk 2077 game to its PlayStation online store effective June 21, Bloomberg reports. The decision followed Polish studio CD Projekt SA's (OTC: OTGLF) (OTC: OTGLY) release of multiple patches to fix the bug-ridden...

Shopify Inc (NYSE: SHOP) will make its e-commerce checkout system available to every retailer selling via Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, and Facebook Inc (NASDAQ: FB), expanding an existing collaboration, Bloomberg reports. Shoppers who...

Silicon Valley and House Oversight Committee Democrat Ro Khanna sought to unwind Facebook Inc’s (NASDAQ: FB) Instagram and WhatsApp acquisitions and more vigorous antitrust enforcement and privacy regulations, Bloomberg reports. Khanna cited AT&T Inc’s (...

Washington has renewed Apple Inc (NASDAQ: AAPL) probe regarding compliance with secret Trump-era subpoenas for user data on over 100 users, including U.S. lawmakers, Bloomberg reports. Lawmakers will investigate giant tech companies' response mode to subpoenas for information on...

Apollo Global Management Inc (NYSE: APO) controlled personalized-photography platform, Shutterfly, has agreed to acquire home decor marketplace Spoonflower for $225 million in cash and equity, including debt, Bloomberg reports. The transaction is estimated to close in Q3. Shutterfly...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google intensified its competition with Microsoft Corp (NASDAQ: MSFT) by showcasing multiple Workspace productivity suite updates, including new features for free users, a paid plan for entrepreneurs, and new capabilities for its Meet...

Apple Inc (NASDAQ: AAPL) is developing the likely Apple Watch Series 7 with a faster processor, upgraded wireless connectivity, and an updated screen, Bloomberg reports. It plans to update the leading Apple Watch, the cheaper Apple Watch SE successor, and a new version of extreme sports...

Samsung Electronics Co Ltd (OTC: SSNLF) has yet to decide about suspending the production of its new budget phone, Galaxy S21 Fan Edition (FE), following South Korea’s Electronic Times’s report that the company has halted the production due to the semiconductor chip crisis, ...