Business

HuffPost and BuzzFeed have stuck a stock deal. Under the arrangement, the American news aggregator - HuffPost, owned by Verizon Media - will now become part of BuzzFeed, The Wall Street Journal reported on Thursday. As part of this acquisition, Verizon Media, in return, will become...

Lyft released its financial results for the third quarter of 2020 on Tuesday, beating analyst's expectations. Recovery has been observed in the San Francisco-based ride-hailing company's sales from pre-pandemic days, but the revenue is still half of what it was last year.  The ridesharing company has reported $499.7...

Apple freezes new business for Pegatron - the second-largest iPhone manufacturer based in China - after discovering the labor law's violation concerning the student worker's program. As announced by Apple Inc. on Monday, the Pegatron Co. falsified paperwork to disguise about the...

TikTok has signed a licensing deal with the world's second-largest music company Sony Music Entertainment. The deal's requisites include that Sony Music will grant the TikTok community access to the catalog of its current hits, favorites, all-time classics, and new releases. This agreement...

PayPal announces that it has been granted a conditional Bitlicense, the first of its kind, by the New York State Department of Financial Services. The new license will allow PayPal users to buy, sell, and hold cryptocurrencies using the PayPal digital wallet. Initially,...

VSPN, Versus Programming Network, a Chinese eSports startup company, announces that it has raised $100m in its series B funding round. The funding round was led by Tencent Holdings, followed by other investors Tiantu Capital, SIG (Susquehanna International Group), and Kuaishou, with Lighthouse...

Epic Games, the company behind the widely played game Fortnite, uses another court filing to get back at Apple. Epic continues to maintain its focus on antitrust laws and claims that Apple’s practices are anti-competitive.  Antitrust cases are gaining power since the Trump Justice...

The US places restrictions on China's biggest chipmaker, SMIC. The Semiconductor Manufacturing International Corporation (SMIC) might no longer be able to import technology from the US it uses for manufacturing chips. The Trump administration fears the use of US technology will empower the...

If there's one brand that could've come up with an out of the box in-store experience, it's definitely Apple. No one could've done it better. The new Apple Marina Bay Sands Apple Store is a mighty new addition to the other two experience stores in Singapore, and...

LinkedIn, which was seen as a platform to connect with professionals across the world, has evolved into something even greater than that; your social media marketing and business's sales navigator. You just need to know how to make the most of your expertise...