UK start-up TrueLayer has raised $130m in its latest round, with a valuation above $1bn, earning it "unicorn" status. The fintech company has been described as a threat to Visa…

US betting company DraftKings has made an offer to buy British betting and gambling company Entain Plc. This was announced by the British themselves after the information appeared in the…

Twitter said that it reached a settlement with a group of shareholders who had filed a class action lawsuit against it in 2016.

International payment service PayPal has announced that their UK customers are now able to buy, store and sell a range of cryptocurrencies, the company announced on its Twitter page.

The World Bank decided not to issue the annual Doing Business report on business conditions in different countries any longer. This is due to errors discovered in the calculations for…

The U.S. Securities and Exchange Commission (SEC) announced that App Annie, a company that provides data on downloads and usage of mobile applications, agreed to pay a $10 million fine…

Facebook will allocate $100 million to buy out unpaid accounts of small businesses owned by women and minorities. The social network estimates that the help will be available to about…

One of the world's largest credit card companies, Mastercard, is buying CipherTrace, a cryptocurrency analytics company, according to Mastercard’s press release.

Chevron plans to get rid of its oil and gas assets in the Eagle Ford oil fields in South Texas in the United States. The company intends to sell them…

The French oil and gas company TotalEnergies and the Iraqi government concluded an agreement on the implementation of investment projects aimed at developing oil and gas fields in the country…

Xiaomi has officially registered a division that will develop electric cars. The authorized capital of the subsidiary amounted to $1.55 billion. The first Xiaomi electric car may be released as…

Some Chinese hedge funds are raising starting salaries for promising college graduates as much as $300,000 a year to get them before American competitors. China has to compete for talent…

South Korea is the first country in the world to approve a law that would strip Apple and Google of their monopoly on in-app payments on their platforms. They now…

Inflation in the euro zone has reached a ten-year high - according to preliminary estimates, it has accelerated to 3%. The previous day Germany reported its highest inflation since 2008.

Fitness tracker manufacturer Whoop was valued at $3.6 billion after another round of financing. One of the participants of this round, the Japanese company SoftBank invested $200 million in the…

Google, Facebook and Microsoft were the biggest contributors to lobbying EU policy against new laws aimed at restricting IT giants. Analysts concluded that the technology sector has overtaken the pharmaceutical,…

Elon Musk opposed acquisition of British chip maker Arm for $40 billion by the U.S. Nvidia. Amazon and Samsung also consider the deal a threat to competition.

Building up stocks of semiconductors in some parts of the supply chain will allow overcoming the global shortage of chips, writes CNBC.

The enterprise software company Salesforce showed a 23% increase in revenue after buying the messenger Slack, and revenue growth of 39%.

A judge in the US state of Alaska has invalidated a major oilfield development permit for ConocoPhillips from the previous US President Donald Trump era, the Anchorage Daily News reported,…

The world's largest retailers, excluding China, have had a change of leaders. Amazon came out on top in retail sales, displacing Walmart. The latter remains the leader in U.S. sales,…

The State Administration of Market Regulation of the People's Republic of China has drafted new rules for antitrust regulation of the technology sector. It provides for further tightening of regulations…