Alibaba to Spin Off $12 Billion Cloud Business

Alibaba's decision to spin off its cloud business, known as Alibaba Cloud, raises questions about whether…

World’s First Cryptocurrency Rules Approved by EU States

The European Union (EU) has taken a momentous step forward in the regulation of cryptocurrency by…

Microsoft’s $69 Billion Acquisition of Activision Blizzard

Microsoft's proposed $69 billion acquisition of gaming company Activision Blizzard, subject to remedies offered by the…

Vice Media Group Files for Bankruptcy, Once Valued at $6 Billion

Vice Media Group, the company behind the websites Vice and Motherboard, has filed for bankruptcy in…

Dubai Retains No.1 Global Ranking for Attracting Greenfield FDI Projects

Dubai has retained its number one global ranking for attracting Greenfield foreign direct investment (FDI) projects…

Amazon Launches New Incentive Program to Customers

Amazon has recently launched a new incentive program that pays customers $10 to pick up their…

Saudi Aramco Postpones IPO of Energy Trading Unit

Saudi Aramco has reportedly postponed the planned initial public offering (IPO) of its energy-trading unit, Aramco…

Qualcomm is set to Layoff 5% of its Workforce

Qualcomm, a multinational chip manufacturer, has announced company-wide job cuts that will impact 5% of its…

Why Social Commerce is the Future of E-Commerce

Social commerce, the integration of e-commerce and social media, is a $360 billion market in Asia…

The History of Bank Failures in the United States

Bank failures have been a recurring theme throughout the history of the United States. From the…