S&P Global is in advanced talks to buy IHS Markit for about US$44-billion, according to a person familiar with the matter.
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Ethiopia opened the doors on Friday for telecommunications operators wishing to secure two new licences to submit their technical and financial bids.
Facebook’s libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project.
Tesla’s market value soared past $540-billion this week — equivalent to 250 times its expected earnings this year — meaning it’s now the world’s 10th most valuable listed business.
Huawei founder Ren Zhengfei has called on employees of its departing Honor subbrand to strive to surpass its parent in a farewell speech as the tech giant sells the budget brand to keep its sanction-hobbled supply chains alive.
Amazon.com’s widely used cloud service, Amazon Web Services was back up on Thursday following an outage that affected several users ranging from websites to software providers.
Stop me if you’ve heard this one before. News leaks that enterprise software giant Salesforce.com is interested in acquiring a trendy tech company. Then its stock falls 5%, erasing billions of market value. Ring any bells?
Shares in Tesla have surged 40% since 16 November, when it was announced the electric car maker would join the S&P 500 in December.
Volkswagen’s ID.3 hatchback rose to the top of Europe’s electric-car sales charts a few months after hitting the market, narrowly beating a Renault model and trouncing Tesla’s Model 3.
Technology and Internet stocks have been among the standout performers in 2020, but the scale of their advance has underlined concerns over valuation.