ByteDance put aside its IPO intentions after Chinese regulators warn about data security

[ad_1] ByteDance Ltd., the Chinese owner of popular short video app TikTok, indefinitely suspended plans to register overseas earlier this year after government officials asked the company to focus on management. data security risks, people familiar with the matter said. The Beijing-based social media giant, last valued at $ 180 billion in a December funding … Read more

5 things to know before the market opens on Monday July 12

[ad_1] Here are the most important news, trends and analysis investors need to start their trading day: 1. Dow is expected to retreat from Friday’s record close Traders on the floor of the New York Stock Exchange Source: NYSE Dow futures fell more than 100 points on Monday, indicating a retreat to the Wall Street … Read more

Walmart’s Indian e-commerce store Flipkart raises $ 3.6 billion

[ad_1] Workers unload bags of rice at a grocery store, known as a kirana, in Bengaluru, India on Monday, June 21, 2021. D Dhiraj Singh | Bloomberg | Getty Images Indian e-commerce giant Flipkart said on Monday it had raised $ 3.6 billion in fresh funds from global investors, including sovereign wealth funds, private equity … Read more

Virgin Galactic, Cheesecake Factory, JPMorgan and more

[ad_1] Virgin Galactic founder Sir Richard Branson demonstrates a space garment system, designed for Virgin Galactic astronauts, at an event on October 16, 2019 in Yonkers, New York. Don Emmert | AFP | Getty Images Take a look at some of the greatest movers in the pre-market. Virgin Galactic – Shares of the space company … Read more

Used car prices are heading towards Fed Powell Chairman’s inflationary intuition

[ad_1] Former Dallas Fed Danielle DiMartino Booth and Natixis Chief Economist Joseph Lavorgna for the Americas discuss recently released Fed minutes and inflation fears. Used car prices are making their way onto the watch lists of some of the country’s most sophisticated economic forecasters, most notably the Federal Reserve. New data released on Friday showed … Read more

Richard Branson and Virgin Galactic complete successful space flight

[ad_1] Virgin Galactic owner Richard Branson took to space on Sunday, a seat-edge sub-orbital test flight intended to demonstrate that the space plane launched by his company is ready for passengers who can afford the ultimate thrill ride. And he appeared to do just that, zooming in to an altitude of just over 50 miles … Read more

Bodybuilder Furious After Being Banned From American Airlines Flight Over Too Short Shorts

[ad_1] A Turkish bodybuilder and social media influencer was barred from boarding an American Airlines flight for allegedly wearing “too short” denim shorts that “would disturb families” on the plane. Deniz Saypinar was prevented from boarding a Texas-Miami flight on July 8 for her denim shorts – considered “too short” – and a small brown … Read more