Didi, Lenovo founders go private on China social media, join retreat from spotlight
The president of Chinese ride-hailing giant Didi Chuxing and her father, the founder of Lenovo (0992. HK), have ended their...
Xiaomi gets HC relief, can use ED-seized accounts for now
In the Enforcement Directorate (ED) probe, the Karnataka High Court granted Xiaomi India, a wholly-owned subsidiary of the China-based Xiaomi...
Only quarter of India’s 100 unicorn startups are profitable
Open, a new banking platform for small and medium firms, raised $50 million at a $1 billion valuation earlier this...
Trump’s Truth Social supports Elon Musk’s purchase of Twitter, CEO says
Trump and his social media business, Truth Social, are overjoyed that Elon Musk is likely to buy Twitter, according to...
Prince Alwaleed will now back Elon Musk’s Twitter bid and retain stake
Saudi Prince Alwaleed Bin Talal Abdulaziz Alsaud, a Twitter investor who first rejected Musk's offer, has agreed to buy 34,948,975...
TurboTax owner Intuit to pay $141 million to customers ‘unfairly charged’
According to a multistate agreement announced Wednesday, Intuit, the company of popular tax filing software TurboTax, will pay $141 million...
New York City pension funds sue Activision Blizzard
According to a recently disclosed copy of the complaint, New York City, pension fund authorities sued Activision Blizzard late last...
Elon Musk says he could take Twitter public again in as soon as 3 years
According to a Wall Street Journal report on Wednesday, Elon Musk, who is in the process of taking Twitter private,...
Apple Stops Accepting Debit, Credit Cards for Subscriptions, App Purchases in India
In India, Apple has stopped taking card payments for subscriptions and app purchases made using an Apple ID. This means...
Facebook plans to reduce hiring as revenue growth slows and inflation concerns increase
Meta, the parent company of Facebook, is reducing hiring as it deals with its lowest revenue growth on record and...