Latest News on private equities market

Google to ban targeting housing ads based on gender, age

Alphabet Inc's Google said on Thursday it would stop allowing housing, employment and credit ads to be targeted to users based on their postal code, gender, age, parental status or marital status.



5 years ago

Global stocks tumble, safe-haven assets rally on downbeat Fed outlook

Global equity markets fell sharply on Thursday in their worst sell-off since markets crashed in March, while safe-haven assets rose after the Federal Reserve's sobering outlook cast doubt on hopes for a V-shaped recovery from the coronavirus pandemic.



5 years ago

Microsoft bans police face recognition sales as Big Tech reacts to protests

Microsoft Corp on Thursday said it would await federal regulation before selling facial recognition to police departments, making it the latest big firm to back away from the surveillance business following protests against police brutality.



5 years ago

Zuckerberg's former aide Chris Cox returns to Facebook as product head

Facebook Inc's former chief product officer, Chris Cox, is returning to his role, according to his post https://www.facebook.com/photo.php?fbid=10105509261342903&set=a.692319249513&type=3&theater on the social media platform.



5 years ago

Oil prices slump 8% as virus-related demand concerns resurface

Oil prices tumbled about 8% a barrel on Thursday, fuelled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while crude inventories hit a record in the United States.



5 years ago

Yum sues Grubhub for allegedly violating delivery deal

Yum Brands Inc filed a lawsuit against Grubhub Inc on Thursday for allegedly violating terms of a food delivery deal, a day after Europe's Just Eat Takeaway.com agreed to buy the U.S. food delivery platform for $7.3 billion.



5 years ago

Quicken Loans, the largest U.S. mortgage lender, is planning an IPO, sources say

The company, founded and owned by Detroit billionaire Dan Gilbert, has filed its IPO prospectus confidentially, sources said.

5 years ago

Taco Bell parent Yum sues Grubhub for allegedly violating delivery deal

Taco Bell parent Yum Brands Inc sued Grubhub Inc on Thursday for allegedly violating a delivery contract, a day after Europe's Just Eat Takeaway.com agreed to buy the U.S. food delivery company for $7.3 billion.



5 years ago

Wall Street plunges to close with biggest one-day loss since March 16

Wall Street plummeted on Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour economic forecasts from the U.S. Federal Reserve.



5 years ago

Google's new rules clamp down on discriminatory housing, job ads

Alphabet Inc's Google said on Thursday it was tackling unlawful discrimination by barring housing, employment and credit ads from being targeted to its users based on their postal code, gender, age, parental status or marital status.



5 years ago

Air Canada CEO urges Trudeau's government to relax travel curbs: Bloomberg News

Air Canada Chief Executive Officer Calin Rovinescu on Thursday urged the Canadian government to relax travel restrictions as they have been hurting the company's sales, Bloomberg News reported.



5 years ago

Wall Street's 'fear gauge' jumps on fears of coronavirus resurgence

The Cboe Volatility Index , known as Wall Street's "fear gauge," jumped to its highest level in more than a month on Thursday as concerns over a resurgence of the novel coronavirus pandemic felled U.S. stocks.



5 years ago

LATAM Airlines bondholders in talks to supply up to $1.5 billion loan, sources say

A group of bondholders of LATAM Airlines Group SA are in talks to supply up to $1.5 billion in a debtor-in-possession loan within the Chapter 11 proceeding in the United States, two people with knowledge of the matter said on Thursday.



5 years ago

Zoom denies giving user information to Chinese government

Zoom Video Communications Inc said on Thursday it did not provide any user information or meeting content to the Chinese government.



5 years ago

Exclusive: Palantir close to registering for stock market debut - sources

Palantir Technologies Inc is aiming to file confidentially with U.S. regulators for a public listing in the coming weeks, according to people familiar with the matter.



5 years ago