Dragoneer Investment Group is expected to lead an investment that would value popular videogame chat platform Discord at about $15-billion, according to people familiar with the matter.
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President Xi Jinping has increasingly emphasised the idea of “common prosperity” as the Communist Party tries to address the country’s wealth gap.
South Korea is poised to become the first country to impose curbs on the lucrative app stores run by Apple and Google, setting up a potential showdown with the Biden administration.
A few nights ago, cryptocurrency entrepreneur Justin Sun announced on Twitter that he had paid half-a-million dollars for a picture of a rock with laser eyes. It wasn’t even a good picture of a rock.
Samsung Group will invest ₩240-trillion (R3.1-trillion) in the next three years to expand its footprint in biopharmaceuticals, artificial intelligence, semiconductors and robotics.
DiDi Global has suspended plans to expand in Europe partly because of concerns over how the Chinese ride-hailing company handles passenger data, according to a person familiar with the matter.
It sounds implausible: a technology that could unleash nearly unlimited clean energy. Yet sustainable nuclear fusion, long hypothesised, took a step closer to reality this month.
PayPal Holdings will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday.
Chinese technology shares rallied in Hong Kong on Monday as bargain hunters pounced in the wake of the sector’s worst rout in months.
Ethiopia has begun developing its own social media platform to rival Facebook, Twitter and WhatsApp, though it does not plan to block the global services.