One of Brazil’s oldest independent asset managers said it closed a years-old wager on Meta Platforms Inc. about four months ago, citing the impact of competition from video-sharing app TikTok.…
Category: Technology
Private Equity Giants Called Vultures Eye Breakthrough in Japan
For years, private equity giants have worked to change a damaging public perception in Japan: that they’re “vultures,” hacking companies apart and gorging on their remains. Now, Toshiba Corp. is…
Crypto Bulls Charge Back, Encourage Buying in Plummet’s Wake
Crypto bulls seem to believe that winter may have passed as several currencies rose sharply after painful weeks that made some investors question the viability of the entire industry. Bitcoin,…
BlockFi CEO Prince on Credit Pact With FTX, Crypto Plunge: Q&A
Within the cryptocurrencies space, lenders have been under the spotlight in recent days after some disclosed signs of trouble. But one of the biggest players in the space, BlockFi Inc.,…
Personio Hits $8.5 Billion Valuation in Latest Fundraising Round
Personio, one of Germany’s largest startups, raised an additional $200 million in a funding round that pushed the value of the human-resources software maker to $8.5 billion. Greenoaks Capital Management,…
Antibiotic-Resistant Typhoid From Asia Is Spreading Worldwide
Treatment-resistant typhoid originating mostly from South Asia has springboarded across borders almost 200 times in the past three decades, according to new research that underscores the increasing global threat of…
Apple Union Getting Calls From ‘All Over’ After Win in Maryland
The labor group that helped orchestrate the first successful unionization campaign at an Apple Inc. store said it’s eager to begin negotiating with the company and looks to build on…