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Tech stocks follow the market lower as Uber and Lyft drop sharply

Stocks listed on American exchanges today fell sharply, erasing their Tuesday rebound and adding to their Monday declines.On a day that saw the World Health Organization declare that the spread of COV

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Stocks change their mind again, falling sharply this morning in early trading

Have you ever seen a dead cat bounce?It’s a term that Wall Street traders coined to describe the moment when collapsing markets briefly rise before resuming a downward

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APD | Asian countries take measures to boost economy amid coronavirus outbreak

By APD writer AliceMany countries in Asia have launched emergency measures to stimulate their economy as acute respiratory disease (COVID-19) is spreading rapidly aroun

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With a string of hits behind it, Felicis Ventures wraps up its newest fund with $510 million

Felicis Ventures, the early-stage, Menlo Park-based venture firmed founded nearly 15 years ago by Aydin Senkut, has closed its seventh and newest fund with $510 million in capital commitments.ThatR

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Libra rival Celo launches 50-member Alliance For Prosperity

Some Libra Association members like Andreessen Horowitz and Coinbase are double-dipping, backing a competing cryptocurrency developer platform. Launching today with over 50 partners, non-profit The C

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China's top property developers see net profit gains in 2019

China's top real estate developers reported better profitability last year, the China Securities Journal reported Wednesday. As of Tuesday, 56 Chinese real estate comp

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How the coronavirus outbreak will stress-test startups

The coronavirus pandemic continues to spread with no signs of abating. Over 100,000 cases have been confirmed in almost 100 countries across the globe as of this writing. Some 4,000 deaths have been r

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Global Business Daily: MEPs' fury, stocks regain ground, panic buying

"Italy and the ltalians cannot die of the virus because of budget constraints."It got heated today in Brussels, at the European Parliament's plenary session, and no more so than when Italian MEP Mara

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Daily Crunch: French data watchdog investigates Criteo

Criteo faces a privacy investigation, an e-discovery startup raises $62 million and hackers hack other hackers. Here’s your Daily Crunch for March 10, 2020.1. Adtech giant Criteo is being invest

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Everlaw announces $62M Series C to continue modernizing legal discovery

Everlaw is bringing modern data management, visualization and machine learning to eDiscovery, the process in which legal entities review large amounts of evidence to build a case. Today, the company a

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Zumper raises $60M to double down on tech to grow its apartment rentals platform

The apartment rental market in the US will be worth $174.1 billion this year, and today a startup that’s built a platform to help it along by connecting renters with rentals is announcing a roun

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Stitch Fix’s sharp decline signals high growth hurdles for tech-enabled startups

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Shares of Stitch Fix, a digitally-enabled “styling service,” are off s

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How can China's government help SMEs navigate cash crunch?

Editor's Note:Rui Meng is a professor of finance and accounting at the China Europe International Business School.The article reflects the author's opinion and not necessarily the views of CGTN.Si

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COVID-19 to have big impact on Australian economy: PM

Following sluggish world economic growth last year, the Australian economy could be hit harder in 2020 due to COVID-19, Australian Prime Minister Scott Morrison warned Tuesday morning. "Whatever you

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Chongqing launches land-sea freight service for epidemic-hit exporters

Southwest China's Chongqing Municipality launched a special cargo train service on Tuesday for epidemic-hit export enterprises in west China via its land-sea freight ro

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Google restricts office visits to curb coronavirus risk

Google on Monday began restricting visits to its offices in Silicon Valley, San Francisco and New York as it ramped up precautions against the deadly novel coronavirus.The added measure was enacte

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The risky first transatlantic flight of a Reaper drone

The Royal Air Force delayed safety warnings about the first transatlantic flight of a new Reaper aircraft in 2018, over fears that they could tip anti-drone protestors to its arrival in the U.K., acco