Bloomberg

The Stern School of Business professor considers  Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings Ltd (OTC: TCEHY) as the most undervalued despite further downside risks from China's regulatory crackdown, Bloomberg reports. The constraints brought in by...

Last month, the Biden Administration announced plans to distribute COVID-19 booster shots to Americans from September 20. However, the effort still needs a sign-off from the FDA, and the Centers for Disease Control and Prevention, mentions Bloomberg. CDC panel has pushed back consideration of...

Oakland's U.S. District Judge, Jeffrey White, has ruled alleged privacy violation by Apple Inc (NASDAQ: AAPL) Siri's "accidental activations" against the user's wish, Bloomberg reports. However, White dismissed part of the complaint in February under California...

Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has collaborated with an Indian small lender, Equitas Small Finance Bank Ltd, to offer time deposits to users of its payments wallet Google Pay, Bloomberg reports. A one-year deposit can fetch an interest rate of up to 6.35%....

Intuit Inc (NASDAQ: INTU) is in talks to acquire email marketing firm, Mailchimp, for over $10 billion, Bloomberg reports. The deal would unite two providers of services for small businesses. Intuit offers QuickBooks accounting software, supplementing it with Credit Karma after...

Amazon.com Inc (NASDAQ: AMZN) is attempting to crack India's out-of-date agricultural sector via its Reactive and Proactive Crop initiative, the Bloomberg reports. Amazon aims to secure the farm produce, yielding two-thirds of the country's $1 trillion in annual retail spending....

Alibaba Group Holding Ltd (NYSE: BABA) suspended ten employees for publicizing sexual assault allegations against a former manager leading to his subsequent firing, Bloomberg reports. The group shared a disturbing account by the victim who accused a former manager of rape in an...

Tencent Holdings Ltd (OTC: TCEHY) has raised focus on its game streaming platform after China blocked the $6 billion HUYA Inc (NYSE: HUYA) and DouYu International Holdings Ltd (NASDAQ: DOYU) merger in July, Bloomberg reports. Originally, Tencent had planned...

Social networking startup Discord is expected to announce a new funding round that could value the company at $15 billion after turning down acquisition offers from multiple interested parties. What Happened: Dragoneer is expected to lead a $500-million funding round for Discord that values...

Bitcoin's (CRYPTO: BTC) price increase is now facing a thick wall that may be hard to break. What Happened: According to a Friday Bloomberg report, Bitcoin's price increase of about 63% since July "now faces a rare confluence of technical obstacles." More precisely...

Apple Inc. (NASDAQ: AAPL) is planning to resume in-person “Today At Apple” classes at its retail stores in the U.S. and Europe on August 30, Bloomberg reported Monday. What Happened: Apple informed its retail staff about the plan and also opened its reservation portal for the in-store...

Facebook Inc (NASDAQ: FB) and some of the world's largest telecommunications carriers, China Mobile Ltd (OTC: CHLKF) and MTN Group Ltd, will likely build a wider-than-earlier planned giant sub-sea cable in Africa, Bloomberg reports. Other project partners include ...

India has asked Tesla Inc (NASDAQ: TSLA) to first increase local procurement and furnish a detailed manufacturing plan before it considers the Elon Musk-led electric vehicle maker’s demands for lower taxes, Bloomberg News reported on Friday, citing a source. What Happened: The details were...

Apple Inc's (NASDAQ: AAPL) leading assembly partner Hon Hai Precision Industry Co Ltd (OTC: HNHAF) (OTC: HNHPF), also known as Foxconn, expects the sales of gadgets like smartphones to fall sequentially this quarter, Bloomberg reports. What Happened: The...