SAN FRANCISCO (Reuters Breakingviews) - A slimmed down deal for TikTok will ring in the ears of cross-border dealmakers. The ByteDance unit hopes to avoid a sale by forging a tech partnership with Oracle. It hardly amounts to the clean break from its Chinese owners that
Sony Corp said on Wednesday the next-generation PlayStation 5 console would launch in November priced at $499.99 and $399.99 for a version without a disk drive, as it squares off against rival Microsoft Corp's Xbox console.
Sony Corp said on Wednesday the next-generation PlayStation 5 console would launch in November priced at $499.99 and $399.99 for a version without a disk drive, as it squares off against rival Microsoft Corp's Xbox console.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was the belle of the ball on Wednesday, surging 0.76% by 12:25 p.m. EDT even as the tech-heavy Nasdaq Composite sank into the red. Tech stocks were struggling despite data software company Snowflake going public at a valuation t
The S&P 500 and Dow Jones indexes rose on Wednesday on hopes that the Federal Reserve would continue to keep interest rates low for a prolonged period, while a slide in tech stocks dragged the Nasdaq lower.
The S&P 500 and Dow Jones indexes rose on Wednesday on hopes that the Federal Reserve would continue to keep interest rates low for a prolonged period, while a slide in tech-related stocks weighed on the Nasdaq.
White House Chief of Staff Mark Meadows on Wednesday said President Donald Trump's administration will continue to review TikTok's deal with Oracle to make sure it is in the best interests of the United States.
The U.S. Justice Department said on Wednesday it has charged five Chinese residents and two Malaysian businessmen in a wide-ranging hacking effort that encompassed targets from videogames to pro-democracy activists.
In this episode of MarketFoolery, Chris Hill chats with Motley Fool analyst Jason Moser about the latest headlines and quarterly reports from Wall Street. They discuss and compare the performance of various digital platforms vis-à-vis Slack (NYSE: WORK). They go through the qua
In early August, Apple (NASDAQ: AAPL) announced that new cloud gaming platforms like Microsoft's (NASDAQ: MSFT) Project xCloud and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Stadia wouldn't work on iOS because they violated its App Store rules.
Wall Street's main indexes were set to open higher on Wednesday as investors hoped for a pledge by the Federal Reserve to keep interest rates low for a prolonged period, with upbeat quarterly results from FedEx also boosting sentiment.
Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company's plans told Reuters.
U.S. stock index futures rose on Wednesday as investors hoped for a pledge by the Federal Reserve to keep interest rates low for a prolonged period, with upbeat quarterly results from FedEx also boosting sentiment.
Japan's Nintendo Co Ltd on Wednesday reported surging user numbers for its Switch Online subscription service, driven by hit titles like "Animal Crossing: New Horizons", as the firm belatedly builds the recurring revenues such services offer.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
ByteDance will place short-video app TikTok's global business in a new US-headquartered company with Oracle Corp investing as a minority shareholder, the Financial times reported on Tuesday, citing people familiar with the matter.
The stock market surged on Tuesday, led higher by rallying tech stocks. The Dow Jones Industrial Average (DJINDICES: ^DJI) had gained 0.45% by 1:30 p.m. EDT.
Microsoft (NASDAQ: MSFT) announced on Monday that its cloud gaming service will be available on Xbox Game Pass Ultimate (previously called xCloud). The service will launch today with more than 150 games and will be available on the cloud in 22 different countries. The titles wil
Over the past few years, Slack (NYSE: WORK) attracted millions of users with its streamlined enterprise communication platform, which reduced the need for clumsy email chains and phone calls. Slack's growth led to its direct listing on the NYSE last June, but the stock now trade
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