France drops case against Facebook over 'cookies'

On Thursday, French privacy regulators announced they were closing their investigation into Facebook, finding that the US internet giant has altered its data collection practices to be in line with French law. In December of 2016, the French regulator CNIL fined Facebook 60 million euros (about $...

Reasons behind Samir Arora's gamble on defunct Internet giants Paytm and Zomato

India may lag behind China for 6-12 months if the US doesn't crash and China continues to thrive, but I expect the country to post growth of over 15% this year nonetheless. When the years are good, the returns are above average, at 13%-14%-15% annually. Samir Arora, CEO & Fund Manager of ...

BAIDU INC. TO PRICE ITS SHARES $32.45 EACH AT HONG KONG SECONDARY LISTING

Highlights –

• Baidu Inc. to price its shares $32.45 each at Hong Kong secondary listing.
• Baidu reportedly will sell 95 million shares as part of the upcoming transaction.
• Baidu is reported to start trading its shares on the Hong Kong ...

NAVER’S REVENUE JUMPS THREE FOLD ON BACK OF CONTAGION- PRODDED ONLINE SHOPPING

• South Korea's top internet portal operator Naver Corp. said Thursday its net profit nearly tripled in the third quarter from a year earlier on the back of boost in online goods transactions on its platform amid the pandemic.
• Net profit reached 235.3 billion won ($207.5 mill...

Tencent and Nintendo announced plans to launch iconic Chinese company switch console

Chinese internet giant Tencent and gaming powerhouse Nintendo today announced plans to launch next week's iconic Chinese company switch console.

Expectations for the release of the console on the world's largest games market have helped this year to drive up the share price of N...