With Beijing tightening its oversight on some of China's biggest tech firms, Xiaomi has made a bid to market a dollar bond deal to international investors. The tech firm is looking to raise $1 billion from this effort, which would include a rare green bond tranche.
Prior to beginning...
Self-driving tech startup Nuro announced on Wednesday that it will be launching an autonomous driving delivery service for 7-Eleven in California, the first of its kind in the state. The service will make use of Toyota Priuses that have been converted into autonomous vehicles while safety drivers will remain...
Dow Jones futures declined at a steady rate on Wednesday morning, with the S&P 500 and Nasdaq futures following closely in their footsteps. This news comes after the stock market's previous rally closed lower on Tuesday.
While Dow Jones futures declined by 0.4%, S&P 500 futures and Nasdaq 100 futures...
Online payments giant PayPal is looking to take advantage of the valuable data users generate while using its platform. The company recently announced plans to launch an advertisement platform that would rely on user data.
To build its ad business, PayPal will analyze the data steaming from the purchases of...
While investors expected Netflix to flourish at a time when worldwide communities were confined to their homes, the company reported that it received a decelerating number of new subscribers over the course of 2020.
In the first quarter of 2020, the company managed to meet investors’ expectations, enjoying a surge...
Online food delivery company Deliveroo reported that its orders surged by 88% during the June quarter, thereby exceeding all previous forecasts for its annual profit margins. Since making its London Stock Exchange debut in March, Deliveroo is expecting to reach an annual gross transaction value (value paid by customers...
Facebook Inc announced on Thursday that it is currently developing a wristband that will be able to control the Augmented Reality (AR) glasses that the company is expected to launch sometime this year. According to a blog post, Facebook's wristband users will be able to interact with the virtual...
U.K.-based digital banking app Revolut has signaled its intention to enter the U.S. market by launching a commission-free stock trading platform for United States stocks, the company announced on Wednesday. This move will see the company compete with financial services companies such as Charles Schwab Corp. and fellow digital...
Thai fashion e-commerce startup Pomelo plans to offer its analytics and demand forecast technology to other fashion brands in the region, its chief executive recently announced. This comes as an effort to boost revenue for the company amid slowing physical store sales.
Pomelo chief executive David Jou stated during an...