HSBC vote gives Ping An a fresh shove towards exit kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Monetizing children on social media is hard, more so for Mark Zuckerberg: He’s having a hard time encouraging kids to come onto his networks and stay in the first place, Anita Ramaswamy writes.
Shopify is finding that simpler is better after all. The Canadian e-commerce firm said on Thursday that it is cutting staff by 20% and selling its logistics arm to freight company Flexport in exchange for a 13% equity interest, to add to Shopify's existing small stake. Investors welcomed the move: Shares of the company led by Tobias Lütke shot up over 20% in morning trade.
Tinseltown scribes are gearing up for a fight. The Writers Guild of America went on strike Tuesday after contract negotiations with entertainment companies broke down. It’s the opening skirmish marking the media industry’s new phase of austerity, as giants like Walt Disney rethink free-spending content strategies forged during streaming’s boom times.
Jamie Dimon bails out First Republic - and FDIC kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.