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Look out Tesla, here comes XPeng.
SEOUL (Reuters) - Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output.
Nearly a decade ago, South by Southwest was known as a launchpad for Internet phenomena: The annual tech and arts festival was where Twitter Inc broke out and where masses of 20-somethings made group messaging apps a thing.
SAN FRANCISCO (Reuters) - LG Energy Solution aims to build advanced battery cells for Tesla Inc electric vehicles in 2023 and is considering potential production sites in the United States and Europe, two people familiar with the matter told Reuters.
(Reuters) - U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money on the table through a traditional initial public offering (IPO), according to people familiar with the matter.
(Reuters) - Coinbase, the biggest U.S. cryptocurrency exchange, moved a step closer to listing on the Nasdaq with a filing on Thursday to go public, revealing that it had swung into profit last year as bitcoin surged.
(Reuters) - GameStop Corp shares rallied on Thursday, finishing with double-digit gains despite a sharp retreat from session highs and leading a surprise resurgence of so-called "stonks" championed online by passionate retail investors.
Facebook Inc’s brief but tempestuous standoff with the Australian government over a world-first pay-for-news law is only the start of a string of regulatory battles that the world’s biggest social network faces in 2021.
OSLO (Reuters) - Britain's competition watchdog on Tuesday raised concerns over Adevinta's planned acquisition of U.S. e-commerce group eBay's classified ads business, sending the Norwegian company's shares down 4.3%.