Tag Archives: Business/Finance

21Nov/17

Tencent surpasses Facebook in market value

Tencent Holdings has racked up some impressive gains this week – becoming the first Chinese firm to be worth more than $500 billion and surpassing Facebook to be the world’s fifth-most valuable company. Grace Lee reports Continue reading

13Nov/17

IMF warns of ‘disruptive’ Brexit threat

Europe’s economy is now hitting its stride, according to the International Monetary Fund. But, as Ciara lee reports, a disruptive Brexit could result in “appreciably” lower growth for Britain and the euro zone. Continue reading

13Nov/17

Uber OKs SoftBank’s bid to buy stake

The peace deal struck by Uber’s board will allow Softbank to make an investment worth up to $10 billion, according to sources. Fred Katayama reports. Continue reading

09Nov/17

Apple orders Witherspoon, Aniston drama in TV push

LOS ANGELES, CALIFORNIA, UNITED STATES (REUTERS) – Apple Inc has ordered two seasons of a drama series that stars Reese Witherspoon and Jennifer Aniston and looks at the lives of people working on a morning television show, a company spokeswoman said on Wednesday (November 08). Continue reading

08Nov/17

Apple breaks $900 bln market cap, leads Wall St to record highs

NEW YORK, NEW YORK, UNITED STATES (NOVEMBER 8, 2017) (NYSE) – Wall Street closed at a record high on Wednesday (November 8) as Apple’s AAPL.O market capitalization climbed above the $900 billion mark and videogame makers rallied. Continue reading

08Nov/17

Former Yahoo CEO apologizes for data breach

At a hearing in Washington, D.C.on Wednesday, former Yahoo Chief Executive Marissa Mayer apologized for a pair of massive data breaches at the internet company, blaming Russian agents. Continue reading

08Nov/17

Snapchat owner’s shares plunge

Snap’s shares tumbled after it disappointed with revenue and user growth. But the stock recovered slightly after Snap said China’s Tencent holds 12 pct stake. Roselle Chen reports. Continue reading

08Nov/17

NASA contracts Uber to build flying taxi air control software

(UBER) – Uber has struck a deal with NASA to develop software for managing “flying taxi” routes in the air along the lines of ride-hailing services it has pioneered on the ground, the company said on Wednesday (November 8). Continue reading

06Nov/17

Speech analyser could tell if you’re too tired to drive

Speech scientists are developing a system that can monitor fatigue levels by looking for signs of tiredness in the voice, with plans for its initial use by heavy construction vehicle drivers. Matthew Stock reports. Continue reading