Facebook co-founder Mark Zuckerberg came within a whisker of leapfrogging Warren Buffett as the world’s third-richest person on Wednesday. Zuckerberg, more than half a century younger than the Berkshire
Browsing: World
TuneIn, the online radio service, has enlisted LionTree Advisors to help the company evaluate strategic options, including a possible sale. TuneIn hired the boutique investment bank in recent weeks, CEO John
21st Century Fox has accepted a sweetened, $71.3-billion bid from Walt Disney Co for its entertainment assets, outbidding Comcast in a battle for one of the media industry’s biggest prizes. The $38/share price is about
Facebook’s photo-sharing app Instagram has reached a billion monthly active users. To spur future growth, the company announced a new feature: Instagram television. Anyone will be able to upload videos for Instagram’s new
Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was the victim of a theft, renewing concerns about the safety of digital-asset trading venues. Bithumb, ranked by Coinmarketcap
With batteries getting cheaper and governments promoting their use, electric vehicles are going to be sucking up a whole lot more of the world’s power in coming years. How much? About 9% of total global electricity demand
Ethiopia will split its state-owned telecommunications company and sell stakes in the two new entities piecemeal to international operators, Prime Minister Abiy Ahmed said. Ethiopian Telecommunications, or EthioTelecom
A disgruntled Tesla employee broke into the company’s manufacturing operating system and sent highly sensitive data to unknown third parties, according to an e-mail Elon Musk sent to staff. The worker, who had been denied
ZTE dived 24% after American lawmakers green-lit a bill to restore severe penalties on the Chinese telecommunications gear maker, potentially up-ending a deal struck with US President Donald Trump to allow it
The UK will develop its own satellite navigation system if the European Union decides to bar the nation from accessing the bloc’s Galileo programme after Brexit, Prime Minister Theresa May said. “This is an issue,” May told