The startup behind a TikTok-style video app rocketed in its Hong Kong market debut, making the latest demonstration of investor hunger for initial public offerings and for high-growth technology companies. Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more …
Read More »The Wall Street Journal: Twitter may emerge as rival to Microsoft in negotiations over TikTok deal
Twitter Inc. has had preliminary talks about a potential combination with TikTok, the popular video-sharing app that the Trump administration has declared a national-security threat due to its Chinese ownership, according to people familiar with the matter. It is unclear whether Twitter will pursue a deal with TikTok, which would …
Read More »The Wall Street Journal: Chip-maker Analog poised to buy rival Maxim Integrated for more than $17 billion
Semiconductor maker Analog Devices Inc. is in talks to buy rival Maxim Integrated Products Inc. for more than $ 17 billion in what would be one of the largest merger deals of the year, according to people familiar with the matter. Analog ADI, +0.20% and Maxim MXIM, -0.58% are discussing …
Read More »Dark day for workers as thousands lose jobs including 15,000 at Boeing rival Airbus.
Boeing BA, -1.62% rival Airbus AIR, -0.01% announced on Tuesday it would cut 15,000 jobs globally while travel location food specialist SSP SSPG, +2.14% said it would cut up to 5,000 staff as coronavirus continues to wreak havoc on the travel industry. Retailer Harrods and a host of other stores …
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