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ByteDance proposes US IPO for TikTok to woo White House

ByteDance has agreed to list TikTok on a US stock market at some point after its proposed partnership deal with American software group Oracle,...

Fed signals rock-bottom rates until at least end of 2023

The Federal Reserve boosted its monetary response to the pandemic, projecting no interest rate increases until at least the end of 2023 and indicating...

Top 5 Jobs Robots Could Have in the Next Decade…Will Yours Be Next?

While automation and the use of collaborative robots has drastically increased the efficiency of manufacturing processes, logistics, and delivery, the...

TikTok set to become a standalone US company to satisfy White House

ByteDance will place TikTok’s global business in a new US-headquartered company with Oracle investing as a minority shareholder, said people briefed on a plan...

Trump administration to review Oracle’s TikTok deal this week

The Trump administration is to review the “technical partnership” deal struck between Oracle and ByteDance, the Chinese group that owns TikTok, before deciding whether...

SoftBank executives revive talks on taking Japanese group private

SoftBank executives have revived discussions about taking the technology group private as the Japanese conglomerate seeks to redefine its strategy after a series of...

SoftBank set to sell UK’s Arm Holdings to Nvidia for $40bn

SoftBank is set to sell the UK’s Arm Holdings to US chip company Nvidia for more than $40bn, just four years after its founder...

Coronavirus latest: France cuts isolation time to seven days as infections surge

Working from home sent shares of the connected fitness group Peloton to a record high in after-hours trading. Peloton said revenues in the three...

Citi becomes first big Wall Street bank to be run by female CEO

Citigroup has become the first major Wall Street bank to appoint a female chief executive, announcing on Thursday that Jane Fraser will succeed Mike...

Trump said he wanted to ‘play down’ threat of Covid

Donald Trump, pictured here at a campaign rally in North Carolina, has tried to shift the debate from his handling of...

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