Alibaba (NYSE:BABA) To List On The Hong Kong Securities Exchange

Chinese e-commerce company Alibaba Group (NYSE: BABA) is ready to bet on Hong Kong. The company wants to raise at least $11 billion through an IPO on the Hong Kong Stock Exchange. Alibaba to list on Hong Kong Securities Exchange The decision to list in Hong Kong comes at a time when the city is […]

Amazon (NASDAQ:AMZN) Partners with Pinduoduo (NASDAQ:PDD) Ahead Of Black Friday Sale Inc. (NASDAQ:AMZN) is teaming up with a Chinese upstart to boost Black Friday sales. The US e-commerce giant is banking on the smartphone app popular for cheap deals to entice consumers during Black Friday sale. The collaboration could also extend to the end of the year. Amazon opens storefront on Pinduoduo The company’s cross-border […]

Target (NYSE:TGT) Joins Other Stores In Recalling Contaminated Lettuce From Salinas

Target Corporation (NYSE:TGT) has joined Walmart Inc. (NYSE:WMT) in recalling salad products that came from California. Various supply chains in the US have recalled the products after federal agencies warned of the possibility of contamination with E. coli bacteria. E.coli found in Salinas romaine lettuce The stores acted on warnings form the Centre for Disease […]

Xerox (NYSE:XRX) Take $33 Billion Acquisition Offer Directly To HP (NYSE:HPQ) Shareholders

Xerox Holdings (NYSE:XRX) has said that it is holding on the $33 billion acquisition offer for HP Inc. (NYSE:HPQ). The company has warned that it could directly take the matter to shareholders on Monday. Xerox threatens to take acquisition offer to HP stockholders The announcement from Xerox comes days after the printer and computer maker […]

Fears Over Technologies Inc (NYSE:UBER) And LYFT Inc (NASDAQ:LYFT) Hiking Charges Next Year

The Metropolitan Washington Airports Authority may push travelers to dig deeper into their pockets. The body is planning to raise the fee in the transportation network by about 1%. A close outlook This change will affect the app-based businesses such as Uber Technologies Inc (NYSE:UBER) and LYFT Inc (NASDAQ:LYFT). Travelers might feel the pinch since […]

Verizon Communications Inc (NYSE:VZ) Launches 5G Service In Houston, Boston, And Sioux Falls: Verizon Unveils 5G Coverage Maps

Verizon Communications Inc (NYSE:VZ) introduced 5G service in Sioux Falls, Boston, and Houston. The 5G service is available in Fenway, Beth Israel Hospital, Simmons College, Emmanuel College, Harvard Medical School, Northeastern University, and along with the Brookline areas in Boston. Verizon will expand 5G coverage to other areas in Boston. The company expects to increase […]

Macy’s Inc (NYSE:M) Reports An Unauthorized Breach To Customer Credit Cards

Macy’s Inc (NYSE:M) has reported to its customers that hackers stole some of their personal information. This case of unauthorized access to the data of customers took place last month. Some of the things the hackers got away with were the customers’ names, phone numbers, and addresses. The others were the card verification codes and […]

Yahoo Japan Reaches Agreement To Merge With Line Corp (NYSE:LN)

On Monday, SoftBank (OTCMKTS:SFTBY) announced that it had reached a merger agreement with Z Holdings (OTCMKTS:YAHOF), formerly known as Yahoo Japan and Line Corp (NYSE:LN). The move aims at creating an internet firm to take on the US and Chinese online giants. Nave and SoftBank to hold 50% stake each in the new company According […]

Walmart Inc.’s (NYSE:WMT) Parent Company Sues 31 Counties In Colorado

Walmart Inc.’s (NYSE:WMT) parent company is suing several counties in Colorado where it has store locations. The company has allegedly claimed that there is an overvaluation of its stores’ equipment. Walmart suing 32 counties in Colorado According to Durango Herald assessors in the county have the responsibility of taking inventory of the personal property of […]

Google (NASDAQ:GOOGL) Confident Of Acquiring Fitbit (NYSE:FIT) Amid Growing Antitrust Concerns

Google (NASDAQ:GOOGL) has been confident from the start regarding its plan to acquire Fitbit Inc. (NYSE:FIT). The company has announced a 2.2 billion acquisition of the health and fitness device maker. Fitbit insert $250 million breakup fee if the deal with Google fails There has been growing criticism about Google violating antitrust regulations, and there […]