Showing 1-10 of 30 results
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Rakuten to buy Viber messaging app
Bloomberg News, Published on 14/02/2014
» TOKYO — Rakuten Inc, the Japanese online retailer controlled by billionaire Hiroshi Mikitani, is buying the Viber Internet messaging and calling service for $900 million as it moves into social networking.
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Bag backlash
Asia focus, Bloomberg News, Published on 10/10/2016
» After charging customers a nominal fee for plastic bags since February, an Indonesian minimart chain has made the bags free again, in a setback to government-backed efforts to curb waste.
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Government taps Chinese influencers to boost exports
Bloomberg News, Published on 07/02/2024
» The government is planning to enlist Chinese social-media influencers to hawk things from the so-called elephant pants to local sweet delicacies to their followers back home, as part of the Southeast Asian nation’s bid to shore up exports to the world’s No. 2 economy.
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Elon Musk sells $6.9bn of Tesla to avoid Twitter fire sale
Bloomberg News, Published on 10/08/2022
» Elon Musk sold US$6.9 billion of his shares in Tesla Inc, the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to buy Twitter Inc.
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Facebook can rest easy. Nobody does old people better
Bloomberg News, Published on 04/06/2022
» Does Facebook Inc's declining relevance with teenagers really pose an existential threat to the company? After all, Facebook’s most loyal users are people over age 30 and today's teens are tomorrow's 30-somethings -- if they do not start using Facebook while they're young there's no guarantee they will later in life.
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Where will Elon Musk get cash for Twitter?
Bloomberg News, Published on 26/04/2022
» Elon Musk and Twitter Inc reached an agreement for the world’s richest man to buy the social networking platform for US$44 billion, resolving the pressing question of whether the company’s board would consent to the leveraged buyout deal.
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Facebook shares collapse after TikTok steals user attention
Bloomberg News, Published on 03/02/2022
» Facebook’s user growth faltered in the latest quarter, the first stagnation in the social network’s history, part of dire earnings that caused Meta Platforms Inc’s stock to collapse 20% in pre-market trading on Thursday, wiping about $200 billion from its market value.
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Bitcoin, Ether hit records amid broad rally in cryptocurrencies
Bloomberg News, Published on 09/11/2021
» Bitcoin and Ether hit all-time highs Tuesday in an ongoing cryptocurrency rally that some analysts attributed partly to the search for investments to hedge risks from inflation.
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Legalisation of kratom spurs rush of online sales
Bloomberg News, Published on 12/09/2021
» Entrepreneur Sittichai Komam didn’t waste time once the government in late August decriminalised kratom, a coffee-like plant native to Southeast Asia that can give users a mild high.
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Covid DIY demand makes Dohome founder a billionaire
Bloomberg News, Published on 22/08/2021
» Dohome Plc may not qualify as a “unicorn,” but the home-improvement retailer does possess some rare traits that have made founder Adisak Tangmitrphracha a new member of the country’s billionaire club.
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