Markets

World’s second richest person Jeff Bezos wants if Twitter Inc. (TWTR) will change its china content policy following purchase of the company by the world’s richest man Elon Musk who bought the company for a jaw dropping $44 billion cash deal. Currently, Twitter is blocked in China where Musk has key business presence including a […]

American billionaire investor and hedge fund manager William Ackman has suffered a $400 million loss after selling a $1.1 billion stake in subscription streaming service and product company Netflix Inc. (NFLX) after the company announced that it had lost subscribers for the first time in ten years. Netflix revealed it has lost 200,000 subscribers in […]

Leading search engine Google will be setting up its first Africa product development center in Nairobi the capital city of Kenya. The company took on Twitter to make this announcement this week which comes as the company continues to serve a rapidly growing number of customers across the African continent. According the Google by 2030, […]

Howard Schultz, the chief executive officer of American chain of coffeehouses and roaster reserves Starbucks Corp. (SBUX) claims that the days of false promises are over. The CEO made the claim during a video addressing the company’s employees telling them ‘a lot of false promises over the last few years.’ “We are going to make […]

China based multinational technology and entertainment company Tencent Holdings Ltd. (HKG: 0700) which is also China’s largest social and gaming firm has said that it will be blocking a platform which allows Chinese gamers to play unapproved foreign games. The company made this announcement on April 14 further adding that on May 31st it will […]

New York based investment management firm BlackRock Inc. (BLK) is planning to launch its first ever China exchange-traded fund (ETF) product this year. Sources with direct involvement in the matter have revealed that the product will be launched in China’s $220 billion onshore ETF market and BlackRock has already started hiring staff. BlackRock manages overseas […]