Messaging app Snapchat Inc has raised $1.81 billion in an equity offering, indicating strong investor interest in the company despite concerns that it is struggling to attract advertisers.
U.S. regulators are investigating Alibaba Group Holding Ltd's accounting practices to determine whether they violated federal laws, the Chinese e-commerce giant said, sending its shares tumbling nearly 7 percent on Wednesday.
JOHANNESBURG South Africa's Standard Bank is taking action after criminals in Japan stole millions of dollars from automatic teller machines using fake credit cards from the lender, its joint CEOs said on Thursday.
BRUSSELS European subscribers to online video streaming services like Netflix, Amazon Video and Sky will be able to access the services when visiting other countries within the European Union under proposals agreed by member states on Thursday.
HONG KONG China's Lenovo Group Ltd , the world's biggest maker of personal computers, reported its first loss in six years on Thursday, hit by exceptional acquisition and restructuring costs as well as weak sales for its smartphones business.
BERLIN Amazon plans to start deliveries of fresh food in Berlin in coming months, a magazine reported on Thursday, as the ecommerce giant extends its foray into groceries beyond its home market.
New York state's financial regulator, which recently launched a probe into LendingClub Corp, is preparing to look into the activities at other online lenders and whether they should be licensed in New York, a person familiar with the matter said on Wednesday.
FRANKFURT German billionaire Friedhelm Loh stands to make a huge profit if industrial robot manufacturer Kuka accepts a $5-billion takeover bid by Chinese home appliance producer Midea .
DETROIT Automakers investing billions in plug-in cars and self-driving vehicle systems are getting caution signals from new research that suggests many mainstream consumers don’t know what benefits they would get.
WASHINGTON Companies based in Brazil scored “significantly poorer” in aggregate on a variety of cyber security indicators than those based in other major world economies, such as the United States and China, according to a report released on Thursday.