E-commerce firm ContextLogic Inc sold shares in its initial public offering (IPO) on Tuesday at $24 apiece, the top of its target range, to raise $1.1 billion, the company said in a statement.The IPO
Reuters Editor's note: Jonathan Arnott is a former member of the European Parliament. The article reflects the author's opinions, and not necessarily the views of CGTN.In the digital age, thin
French-Austrian biotech firm Valneva said Wednesday it will begin clinical trials of its Covid-19 vaccine candidate in Britain, where the government has already ordered
In November, Californians voted to pass Proposition 24, a ballot measure that imposes new regulations on the collection of data by businesses. As part of the California Privacy Rights Act (CPRA), indi
Chinese companies raised more money in initial public offerings (IPO) both at home and overseas than ever this year, thanks to the country's early emergence from the pandemic.Chinese mainland firm
Facebook is working to bring back the Instagram Lite app, months after it shut down the light version offering worldwide.The social conglomerate said on Wednesday that it is testing the revamped Inst
The Walt Disney Company has revealed ambitious next steps in its global streaming expansion at its 2020 Investor Day, though the streaming platform is yet to reach the Chinese mainland where fans are
A new report published by The Financial Times on December 12 claims to forecast the "unraveling .. [of] China's first overseas debt crisis," alleging that the wheels of
Airbnb, which recently went public and became a $100 billion company, has set two goals to try to improve diversity at the home-sharing and experiences company because it “is nowhere near satis
Reuters Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines of 6-10 percent under the new draft EU rules to be announced
Chinese Premier Li Keqiang on Monday delivered a speech at the commemoration of the 60th anniversary of the signing of the OECD (Organization for Economic Co-operation and Development) Convention via
At Apple’s Worldwide Developers Conference in June, the company announced it would soon require developers to disclose their app’s privacy practices to customers via new, glanceable summar
John le Carre, the British writer best known for his Cold War espionage novels "Tinker Tailor Soldier Spy" and "The Spy Who Came In From The Cold", has died aged 89.Le Carre's literary agency, Cur
WHO report shows health centers water crisis will increase coronavirus infection risks. /CFP One in four health centers worldwide lacks access to water, putting around 1.8 billion people at in
Editor's note:Hannan Hussain is a foreign affairs commentator and author. He is a Fulbright recipient at the University of Maryland, the U.S., and a former assistant researcher at the Islamabad Po
A new report published by The Financial Times on December 12 claims to forecast the "unraveling .. [of] China's first overseas debt crisis," alleging that the wheels of
China will promote the domestic cultural industry to boost the country's soft power and develop socialist culture, according to the proposals of the Communist Party of China Central Committee for