HashiCorp shares spike on report that IBM is in talks to buy the cloud software maker
HashiCorp’s business is growing considerably faster than that of IBM, which has been confronting a challenging economic environment.
ByteDance, TikTok shelled out $7 million on lobbying and ads to combat potential U.S. ban
The disclosures show how TikTok officials lobbied Congress and President Joe Biden’s executive office last quarter.
Market veteran Howard Marks says Fed is ‘not going back’ to ultra-low rates
That means credit can provide a “very solid foundation” to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.
UAE central bank asks lenders to defer loan repayments for six months to help flood-hit residents
Roughly a year’s worth of rain pummeled the Gulf country in a span of just 12 hours between April 16 and 17, destroying businesses, cars and other property.
Philippines orders removal of Binance from Google and Apple app stores
The Philippines’ Securities and Exchange Commission sent letters to Google and Apple requesting the removal of Binance apps from their respective app stores.
Apple iPhone sales drop 19% in China as demand for Huawei smartphones soars, research says
Apple saw sales of its iPhones fall 19.1% in the first three months of the year, according to data from Counterpoint Research.
World’s largest wealth fund says there’s ‘clearly a lot of froth’ in the tech sector right now
The chief executive of Norway’s gigantic sovereign wealth fund on Tuesday said there is “clearly a lot of froth” in the tech sector.
JD Sports to buy U.S. rival Hibbett in $1.08 billion sportswear retail deal
JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday.
Germany arrests EU Parliament staff member on China espionage charges
A German man was arrested for allegedly sharing information from the European Parliament with the China’s secret service, the federal prosecutor’s office said.
European markets close 1.1% higher as UK’s FTSE 100 hits another record
European markets were higher Tuesday, building on positive momentum in the previous session.
