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Saudi Arabia’s Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, has no plans to invest in Snapchat, a source familiar with the matter told Reuters on Thursday. The meeting, in which Snapchat Chief Executive Evan Spiegel and chief strategy officer Imran Khan were present, triggered speculation that Alwaleed may take part in Snapchat’s new funding round that has already seen Alibaba Group Holding invest $200 million
China’s Huawei Technologies [HWT.UL], the world’s No. 2 telecom equipment maker, expects total shipments of smartphones in southeast Asia to rise 160 percent to 8 million units in 2015, boosted by strong demand in Myanmar, it said on Thursday. In the first quarter, Huawei posted a 120 percent increase in smartphone shipments in the region, one of the most promising markets in the world, Thomas Liu, President for Huawei’s southeast
Join Midday Movers live now for the latest headlines and market moves driving the trading day.
Join Midday Movers live now for the latest headlines and market moves driving the trading day.
Those hoping for a bit of oil price stability after the past few months’ volatility may be disappointed.
Those hoping for a bit of oil price stability after the past few months’ volatility may be disappointed.
Stocks have held up well despite stalled corporate earnings this year. Are investors ignoring one of the most important drivers of long-term stock performance, or is the market pricing in a return to profit growth soon?
Stocks have held up well despite stalled corporate earnings this year. Are investors ignoring one of the most important drivers of long-term stock performance, or is the market pricing in a return to profit growth soon?
Amazon wants to make your impulse buys even more impulsive. The e-commerce powerhouse is offering free same-day delivery service in some cities to its Prime loyalty club members. Amazon says starting Thursday …
Amazon wants to make your impulse buys even more impulsive. The e-commerce powerhouse is offering free same-day delivery service in some cities to its Prime loyalty club members. Amazon says starting Thursday …
