Uber acquires Foodpanda Taiwan for $950 million, strengthening its Asian market hold
In a move to solidify its dominance in the Asian market, Uber Technologies is acquiring Delivery Hero’s Foodpanda business in Taiwan for a whopping US$950 [more…]
Intercom’s $94 million A.I. ambition
Intercom, the Irish tech company known for revolutionizing customer communication, is taking a giant leap forward with a new $94 million (€87 million) investment in [more…]
Indeed to slash more jobs in Dublin as part of worldwide staff reduction
In a twist straight out of a corporate drama, Indeed, the well-known online recruiter, has announced yet another round of job cuts. Brace yourselves, Dublin, [more…]
SoftBank gears up for strong moves in A.I. and semiconductors after profit surge
SoftBank Group is charting a bold new course, buoyed by a second consecutive profitable quarter and a soaring asset value, including a significant boost from [more…]
South Korea’s KEPCO explores UK nuclear project, following Hitachi’s retreat
In a potential bid to bolster its global energy footprint, Korea Electric Power Corp (KEPCO) is reportedly in talks with the British government to construct [more…]
Uber and Lyft face trial over driver classification in Massachusetts
Uber and Lyft are preparing for a pivotal trial on Monday, where they face allegations from Massachusetts’ attorney general that they have misclassified their drivers [more…]
GameStop shares surge as “Roaring Kitty” returns to the limelight
In a turn of events, GameStop’s stock soared by over 40% on Monday following the reappearance of “Roaring Kitty,” the pseudonymous trader whose rallying cries [more…]
Ticket prices skyrocket for Tyson-Paul fight as bettors place their wagers
Get ready for the clash of generations! The upcoming boxing bout between former heavyweight champion Mike Tyson and social media sensation turned boxer Jake Paul [more…]
Shein shifts IPO focus to London in response to U.S. regulatory challenges
Shein is shaking up its IPO plans, pivoting towards a London listing following obstacles in the U.S. market. Despite initial intentions to go public in [more…]
Thailand’s steel industry grapples with China’s dominance amid overcapacity woes
In the realm of Southeast Asia’s steel market, a tempest is brewing as Thailand braces itself against a tide of Chinese hot-rolled coil steel exports. [more…]