U.S. SEC sues social media firm Kik for ‘illegal’ initial coin offering
The U.S. Securities and Exchange Commission sued social media company Kik Interactive Inc on Tuesday, alleging it conducted an illegal $100 million securities offering of...
Top tech executives will be asked to testify in U.S. probe
Leaders of big tech companies will be asked to testify as part of an investigation into whether the companies misuse their massive market power, the...
Uber’s IPO underwriters recommend buying, estimate deep losses
The underwriters of Uber Technologies’ initial public offering on Tuesday overwhelmingly recommended the company’s shares, even as they estimated deeper losses than previously expected for...
Effusive Trump promises Britain a “phenomenal” post-Brexit trade deal
U.S. President Donald Trump on Tuesday promised Britain a “phenomenal” post-Brexit trade deal, dismissed differences over China’s Huawei and glossed over other disagreements as he...
Trump concerned that Brexit is taking a long time, Farage says after meeting
Donald Trump believes in Brexit but is concerned about how long it is taking, Brexit Party leader Nigel Farage said after meeting the U.S. president...
Brexit Party’s Farage says he had a good meeting with Trump
Nigel Farage, leader of the UK’s Brexit party, said he had had a good meeting with visiting U.S. President Donald Trump on Tuesday....
Huawei lawyer tells U.S. jury spelling errors, video show rival stole trade secrets
A former engineering manager used Huawei Technologies Co Ltd trade secrets and lured away 24 of its employees to improperly build his startup company, a...
Developers sue Apple over App Store practices
Two app developers on Tuesday sued Apple Inc over its App Store practices, making claims similar to those in a lawsuit brought by consumers that...
Facebook investors seek independent chair, citing vote tally
Public pension fund leaders on Tuesday called for separating the chairman and chief executive officer positions at Facebook Inc, both held by co-founder Mark Zuckerberg,...
Alibaba, Russian joint venture deal to close on Wednesday: RIA
A joint venture deal between China’s Alibaba, Russian sovereign fund RDIF, mobile phone operator Megafon and internet group Mail.ru will be closed on Wednesday, news...
