Latest News on private equities market

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

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

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



6 years ago
Latin America must restart air travel by July to avoid bankruptcies: trade group

Latin America must restart air travel by July to avoid bankruptcies: trade group

Latin American countries should quicken steps for airlines to renew domestic flights no later than July before more companies are forced to declare bankruptcy or close, a high-ranking official of the International Air Transport Association (IATA) said on Thursday.



6 years ago
Zoom says China demanded shutting activists' accounts over Tiananmen event

Zoom says China demanded shutting activists' accounts over Tiananmen event

Zoom Video Communications Inc said on Thursday the Chinese government demanded the termination of four public meetings held on its video conferencing platform on June 4 to commemorate the 31st anniversary of China's Tiananmen Square crackdown.



6 years ago
Apple, YouTube unveil $100 million funds to support black causes amid U.S. protests

Apple, YouTube unveil $100 million funds to support black causes amid U.S. protests

Apple Inc said on Thursday it will increase spending with black-owned suppliers as part of a $100 million racial equity and justice initiative, while Google-owned YouTube said it will spend $100 million to fund black artists.



6 years ago
Stock tumble gives brutal reminder of pandemic fear

Stock tumble gives brutal reminder of pandemic fear

A stock market that shook off the coronavirus pandemic, economic devastation and sky-high equity valuations was reminded of all three on Thursday, as Wall Street took its biggest dive in three months.



6 years ago
Palantir close to registering for stock market debut: sources

Palantir close to registering for stock market debut: sources

Palantir Technologies Inc is aiming to file confidentially with U.S. regulators to go public in the coming weeks, emboldened by the strong performance of other initial public offerings (IPOs), according to people familiar with the matter,



6 years ago
Taco Bell parent Yum sues Grubhub for alleged violation of delivery deal

Taco Bell parent Yum sues Grubhub for alleged violation of 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.



6 years ago
Oil prices extend slump as U.S. coronavirus cases climb

Oil prices extend slump as U.S. coronavirus cases climb

Oil prices slid early on Friday, extending heavy overnight losses on a surge in U.S. coronavirus cases this week that has raised the prospect of a second wave of the outbreak slamming demand in the world's biggest consumer of crude and fuel.



6 years ago
Asian stocks set to fall sharply as Wall Street tumbles

Asian stocks set to fall sharply as Wall Street tumbles

Asian equities are set to fall sharply on Friday after Wall Street stocks and oil tumbled over growing concerns that a resurgence of coronavirus infections could stunt the pace of reopening economies.



6 years ago
FrontFundr Secures Regulation for Connecting Entrepreneurs and Investors Across Canada

FrontFundr Secures Regulation for Connecting Entrepreneurs and Investors Across Canada

FrontFundr | Release | Jun 10, 2020 The introduction of rule 45-505 represents a huge step forward for capital raising and investment crowdfunding from coast to coast TORONTO, June 10, 2020 (GLOBE NEWSWIRE) -- FrontFundr, Canada’s leading online investment platform for the private markets, recently announced the launch of Ontario Instrument 45-505. This new legislation

6 years ago
ConocoPhillips CEO says surprised by swift recovery in oil prices

ConocoPhillips CEO says surprised by swift recovery in oil prices

ConocoPhillips Chief Executive Officer Ryan Lance on Wednesday expressed surprise at the quick rebound in U.S. oil prices that slipped into the negative territory in April and said he expects prices to remain volatile in the near term.



6 years ago
Europe's Just Eat Takeaway to buy Grubhub for $7.3 billion

Europe's Just Eat Takeaway to buy Grubhub for $7.3 billion

European food ordering firm Just Eat Takeaway.com NV said on Wednesday it had agreed to buy U.S. peer Grubhub Inc in an all-stock deal that, if completed, would create the world's largest food delivery company outside China.



6 years ago
Dollar, stocks slip as Fed signals slow growth

Dollar, stocks slip as Fed signals slow growth

The dollar slid to a three-month low and a gauge of global stocks fell on Wednesday after the Federal Reserve projected a more sluggish recovery than the market expected, but the Nasdaq hit a fresh high on expectations of low interest rates past 2022.



6 years ago
Nikola in talks with automakers for Badger pickup truck production: founder

Nikola in talks with automakers for Badger pickup truck production: founder

Nikola Corp , a maker of hydrogen-fueled vehicles, is in the process of picking a partner to produce its Badger pickup truck, while also aiming to start deliveries of its electric commercial big rigs next year, founder Trevor Milton said on Wednesday.



6 years ago
Ford recalls 2.15 million U.S. vehicles for potentially faulty door latches

Ford recalls 2.15 million U.S. vehicles for potentially faulty door latches

Ford Motor Co said on Wednesday it will recall 2.15 million U.S. vehicles with potentially faulty door latches.



6 years ago