Tag Archives: technology
TikTok’s ad revenue to surpass Twitter and Snapchat combined in 2022 – report
(Reuters) - Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to more than $11 billion, exceeding the combined sales of its rivals Twitter Inc and Snap Inc, according to res...
Apr 11, 2022
Italy’s new rules on 5G deals risk delays, industry lobby warns
MILAN (Reuters) - New rules to oversee the build-up of fifth generation mobile networks in Italy risk creating red tape delays for telecoms firms as they strive to upgrade their grids, a document from...
Apr 11, 2022
Epic Games valued at about $32 billion in funding from Sony, Lego firm
(Reuters) -Epic Games said on Monday it had raised $2 billion from Sony Group Corp and the family owned holding company behind the Lego Group, giving the "Fortnite" maker a valuation of $31.5 billion....
Apr 11, 2022
Chipmaker Ampere confidentially files for U.S. IPO
(Reuters) -Chipmaker Ampere Computing, founded by the former president of Intel Corp, said on Monday it had confidentially filed for an initial public offering (IPO) in the United States. Founded in 2...
Apr 11, 2022
Software maker Datto to be acquired by Kaseya in $6.2 billion deal
(Reuters) - Datto, a cloud-based software maker, said on Monday it would be acquired by security software company Kaseya for $6.2 billion, in a deal funded by an equity consortium led by private equit...
Apr 11, 2022
China grants licences to 45 internet games in April
HONG KONG (Reuters) - China has granted licences to 45 internet games in April, the first time since July, according to a list published by the National Press and Publication Administration (NPPA) on ...
Apr 11, 2022
Fintech Nubank nets $650 million credit line for Mexico, Colombia expansion
By Cassandra Garrison MEXICO CITY (Reuters) - Brazil's Nubank, Latin America's most valuable fintech, is fueling its expansion in Mexico and Colombia with the investment of a $650 million line of cred...
Apr 11, 2022
Warner Bros Discovery shares climb on first trading day
(Reuters) - Shares of Warner Bros Discovery Inc rose on Monday, the first trading day of the media and streaming firm formed from the $43 billion merger of Discovery Inc and assets of AT&T Inc. Warner...
Apr 11, 2022
China grants gaming licence to XD title, first since July – document
By Josh Ye HONG KONG (Reuters) -Chinese regulators awarded XD Inc a publishing licence for its title "Party Star" on April 8, a document seen by Reuters showed, in one of its first approvals of a game...
Apr 11, 2022
Canada’s Shopify announces 10-for-1 stock split
(Reuters) -Canadian e-commerce giant Shopify Inc on Monday announced a 10-for-1 stock split of the company's class A and class B shares, joining a growing list of companies that have split their share...
Apr 11, 2022
