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Goldman Sachs Reportedly Joins Ant’s IPO Banking Syndicate
September 7, 2020
The renowned investment bank has joined a group of others working on an IPO of up to $30 billion, according to sources.
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Alibaba and Xiaomi Join Hang Seng Index
September 7, 2020
The addition of the two firms reflects the growing influence of Chinese tech giants over Hong Kong’s stock market.
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Walmart’s Amazon Prime Competitor to Launch on 15 September
September 1, 2020
‘Walmart+’ will grant members free grocery deliveries and fuel discounts at certain petrol stations.
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TikTok CEO Resigns After 100 Days
August 27, 2020
Amid soaring tensions with the US government, the head of TikTok has departed the company only three months into the role.
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Palantir CEO Lashes Out at Silicon Valley “Elite” in Letter to Investors
August 26, 2020
As his company prepares to go public and move headquarters, Alex Karp has slammed the tech sector’s “values and commitments”.
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Facebook Settles French Tax Dispute for $125 Million
August 24, 2020
The social media giant is only the latest Big Tech firm to settle with the French tax authority.
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Apple Becomes the US’s First $2 Trillion Listed Company
August 19, 2020
Wednesday trading saw Apple’s market cap rise above the $2 trillion mark for the first time in Wall Street’s history.
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Oracle Enters Race to Purchase TikTok
August 19, 2020
In a potential upset for Microsoft’s bid, Oracle has begun talks to buy out the beleaguered social media app.
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New Huawei Restrictions to Shake Global Tech
August 18, 2020
Both the Chinese tech giant and the firms that supply it will be severely impacted by the US government’s new order.
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Tim Cook Achieves Billionaire Status
August 11, 2020
Buoyed by rising Apple share prices, the influential tech CEO finally joins the billionaire club.
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Mark Zuckerberg Becomes the World’s Third Centibillionaire
August 7, 2020
The Facebook founder’s fortune has grown to $100 billion, placing him in the company of Jeff Bezos and Bill Gates.
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Jeff Bezos Sells Amazon Shares Worth $3.1 Billion
August 6, 2020
The Amazon CEO’s first stock dump since the outbreak of the COVID-19 pandemic adds to a sale of $4.1 billion in February.
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