Reddit appoints its new chief financial officer (CFO). The recruitment of Snapchat and Allied Universal's former CFO ignites talks of Reddit future IPO plan. Reddit welcomes Drew Vollero Last Friday, Reddit announced Drew Vollero as the company's new CFO. According...
Online education provider Coursera Inc on Friday filed for an IPO with U.S. regulators. The firm has been noting a significant surge in revenue during the COVID-19 pandemic. Coursera IPO: things to note Coursera offers courses such as machine learning,...
One of the e-commerce companies from South Korea Coupang announced plans for a public offering or IPO in New York. The IPO is targeted to reap US $ 3.6 billion and the company's valuation can reach US $ 46 to...
Jay-Z will join financial services firm Square led by Twitter CEO Jack Dorsey. The reason is, the famous rapper Jay-Z has sold the majority stake in his music streaming platform, Tidal to Dorsey. Reporting from AceShowbiz, Friday (5/3/2021), Tidal's shares...
Clubhouse's rise has resulted in an influx of similar apps in the market. With the app ban in China, Bytedance is looking to rival Clubhouse by developing a similar app for its home country. Though there is not much to...
Elon Musk, owner of the electric car manufacturer Tesla Inc., has immediately responded to the supply of electric vehicle batteries. Especially nickel, by one of the world's nickel giants, BHP Nickel West. A nickel business line owned by an energy...
Microsoft announced that Chinese hackers had managed to break into their email service server, Microsoft Exchange. This allows hackers to steal access to a user's computer or device. Who Are These Chinese Hackers? The company believes the attack was carried...
South Korea's e-commerce equivalent of Amazon, Coupang, announced initial public offering (IPO) plans this week. The company is targeting New York with a big aim to become the largest U.S. offering in 2021. Accordingly, Coupang's success will also contribute to...
Car rental company Hertz was bought out by two investment firms, Knighthead Capital Management and Certares Opportunities. The acquisition will send Hertz from the brink ofbankruptcy. Quoting from CNN, Wednesday (3/3/2021) the two companies jointly bought Hertz. The combined total...
Exxon Mobil Corp., a major U.S. oil company, announced on Tuesday (3/2) that it has decided to cut its workforce in Singapore by 7 percent. The oil company stated an unprecedented market situation is continuing due to the spread of...
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