Economy

Zooms soared after the IPO: Did you buy the wrong one?

Given Lyft's ( LYFT ) IPO stumble, investors will be paying even closer attention to how Pinterest and Zoom performance post-IPO. The video-conferencing sof...


First Aid Squad hosts Easter Egg hunt

Plus, bring your camera to take pictures with the Easter Bunny! According to the department's Facebook page, a total of 51 bicycles were given out to children a...


Netflix subscribers' Growth Disappoints Investors, Streaming Video Wars Escalate

Although some analysts, including Needham's Laura Martin and Dan Medina, expressed some concern that those services could potentially chip away at Netflix's use...


Cain may not be able to pass US Senate hearings

Romney, who faced Cain in the 2012 race, has been skeptical of his chances since Trump announced his plans to nominate him. Elected officials and interest gro...


Uber Files Public Offer Documents, Could Seek $100 Billion Valuation

Uber completes more than 15 million trips a day. " Lyft shares continue to be weak as many investors we have spoken with have worries about Uber's impendi...


Amazon's first drone delivery in Australia after 'blimp' video goes viral

Wing, a company spun out of Alphabet's secret research laboratory X , has been testing its delivery services for the last 18 months in Australia and the USA i...


Debenhams facing administration after rejecting Mike Ashley’s rescue bid

The struggling United Kingdom retailer is preparing a so-called prepackaged administration under which shareholders -including Sports Direct with a roughly 30pc...


UK PM Theresa May travels to Europe with Brexit extension plea

Earlier in the day, Mrs May met Germany's Angela Merkel at her riverside Chancellery, a short walk from the Brandenburg Gate, and departed with a warm exchange ...


Beneficaries of SC quashing RBI’s bad loans circular

As per the February 12, 2018 RBI circular, banks had to recognise even one-day default in loans of Rs 2,000 crore and above as non-performing and allow a window...


Amazon boss Jeff Bezos finalises divorce

Jeff will retain all interest in the Washington Post and space company Blue Origin , as well as 75 percent of shared stock in Amazon . Based on Thursday'...


Million Facebook Profiles Exposed by 2 Insecure Databases

The At the Pool Amazon bucket found by UpGuard contained data on 22,000 Facebook users, including their Facebook user ID, likes, friends, photos, grou...


President Trump threatens tariffs on Mexican cars

Hoyer (D-Md.), Majority Whip James E. Clyburn (D-S.C.), Minority Leader Kevin McCarthy (R-Calif.) and Minority Whip Steve Scalise (R-La.) - was 3-2 along party ...


UK Lawmakers Reject All 4 Brexit Options

The impasse is raising expectations that lawmakers or the government could try to trigger a snap election in the hope a new configuration in Parliament would br...


How To Play ‘Snake’ On Google Maps On April Fools’ Day?

Starting today, users can play a Google Maps version of the snake game (the snake is now a train!) in different locations across the world - including Cai...


All defeated: MPs reject all four Brexit options in votes

It also keeps alive the possibility that Britain does not leave the bloc. The ratings agency says if that happens, it would expect "downward pressure" on house ...


China's Huawei profit up 25% in 2018 despite USA pressure

Despite that, Huawei's sales past year rose 19.5 percent over 2017 to 721.2 billion ($105.2 billion), according to Guo. Australia and New Zealand have alrea...


Lyft's IPO: 7 things you need to know

We told you that Lyft had decided on an IPO price of $72 dollars per share. Its ticker symbol is LYFT. The Nasdaq listing button on speakers podium is cov...


Apple's New TV App Is Now Available on iOS and Apple TV

As such, every time you utilize your Apple Card , you'll have to have your iPhone on, unlocked, and out there for viewing. First of all, to even apply for ...


Lyft IPO Enthusiasm Drives Up Founder Stakes to $1.4 Billion

Uber, who is also set to go public this year, has reportedly received proposals from Morgan Stanley and Goldman Sachs, which value it around $120 billion. First...


Global bond yields continue to fall as as recession fears haunt markets

Since when was the Federal Reserve's dovish about-face bad for markets ? Meanwhile, the S&P/ASX 200 index traded 0.37 percent lower at 6,104.50 by 03:35GMT, ...