Tuesday, March 31, 2020

Vivendi closes Universal 10% stake sale to Tencent consortium

Vivendi has closed the sale of a 10% stake in Universal Music Group (UMG) to a Tencent-led consortium in a deal giving UMG an enterprise value of 30 billion euros ($33 billion), the French media conglomerate said on Tuesday.


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Huawei posts 5.6% rise in 2019 profit, smallest increase in three years

China's Huawei Technologies reported its smallest annual profit increase in three years, hurt by weak overseas sales amid an intensifying U.S. campaign to restrict its global expansion due to security concerns.


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China's Pinduoduo raises $1.1 billion in share placement amid volatile markets

Chinese e-commerce firm Pinduoduo Inc said on Tuesday that it had raised $1.1 billion in a private share placement, bolstering its ability to finance growth, despite recent market volatility.


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HelloFresh shares at record high on virus sales boost

Shares in meal-kit delivery firm HelloFresh jumped to a record high on Tuesday after it said it expected strong first-quarter sales and profit due to a surge in demand as coronavirus lockdowns prompt more people to cook at home.


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Microsoft 365 replaces Office 365: What’s new, how much does it cost and more?



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Why is everyone deleting Houseparty app? Should you delete too?



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Houseparty offers $1m reward for proof of sabotage

The company says claims it exposed users data were part of a commercial smear campaign.

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Use the lockdown to introduce your parents to tech; here are some tips



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Line survey finds 7% of users in Tokyo have at least one coronavirus symptom

A survey of Line Corp's chat app users in Tokyo and neighboring prefectures in partnership with Japan's health ministry found 7.1% of respondents in the capital reporting at least one of the symptoms of the coronavirus.


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Alibaba plans to buy at least 10% stake in Chinese courier Yunda: sources

Alibaba Group Holding Ltd plans to buy at least 10% of Yunda Holding Co Ltd , marking the e-commerce giant's fifth investment in a large courier, two people with knowledge of the matter told Reuters.


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Factbox: Coronavirus cases reported at 19 of Amazon's U.S. warehouses

Amazon.com Inc is at the front line of responding to outbreaks of the novel coronavirus in the United States, delivering essential goods while more than half the population faces government stay-at-home orders.


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IndiaAI Mission's three indigenous AI models target offline mobile access, secure use in critical sectors

Three indigenous artificial intelligence (AI) models launched under the Centre's IndiaAI Mission are being developed for applications ra...