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BUSINESS

Yahoo Japan and Line Corp Announced Merger

November 18th, 2019

Online services Yahoo Japan and Line Corp. have announced they are merging.

BUSINESS

NY Times Advertising Profit Hits, Overall Ad Revenue decline

November 6th, 2019

New York Times profits slipped in the third quarter as declines in advertising revenues.

BUSINESS

Ferrari Collaborates with Armani over Merchandise, Entertainment & others

November 5th, 2019

With Armani collaboration, Ferrari aims to earn 10% of earnings before interest and taxes in seven to 10 years from areas like apparel, entertainment, and luxury services.

BUSINESS

Flipkart Registered $540 Million Loss in 2018-19

October 29th, 2019

Flipkart India registered a higher loss of $540 Million during 2018-19 as compared to the previous financial year.

BUSINESS

Infosys conduct independent investigation on whistleblower allegations: Nandan Nilekani

October 22nd, 2019

The whistleblower complaint by a group that alleged CEO Salil Parekh and CFO Nilanjan Roy were indulging in unethical practices.

BUSINESS

TikTok owner ByteDance Revenue Jumps over $7 billion in First Quarter

September 30th, 2019

ByteDance, which was loss-making in the first-half, also posted a profit in June and was confident of making a profit in the second half of the year, one of the people said, declining to be identified as the company has not made a public announcement. Robust growth has led the Beijing-based startup to revise its revenue target for...

BUSINESS

New York Magazine Merge With Vox Media

September 25th, 2019

Launched in 1968 New York magazine is merge with Vox media, founded in 2005.

BUSINESS

SoftBank Turns against WeWork's parent CEO Neumann

September 23rd, 2019

Japanese VC firm Softbank a leading investor in Coworking startup WeWork decided to act against company's CEO Adam Neumann after company postponed its initial public offering.