Mobile

Mobile

Nio Trades Down After Upsized Equity Offering Prices at Discount

With the offering, the Chinese electric vehicle company expects its cash reserves to exceed $2.9 billion.

Source: Benzinga
August 31, 2020
Mobile

Take-Two Acquires Playdots for $192M

Playdots has made three popular games—Dots, Two Dots, and Dots & Co.—that have been downloaded more than 100 million times.
Mobile

Trump Signs Executive Orders to Ban TikTok, WeChat

The bans are set to take effect in 45 days unless the parent firms agree to sell the apps.
Mobile

Facebook Preparing To Launch TikTok Rival In U.S., 50 Other Markets

Instagram Reels launched in parts of Europe in June and is set to hit the U.S., Japan, the U.K., and Mexico next month.
Mobile

Instacart Worth $14B After Latest Financing Round

The COVID-19 pandemic created a "massive shift" in the grocery industry space, Instacart says.
Mobile

Smartphone Market Seen Falling 11.9% in 2020

"What started as a supply-side crisis has evolved into a global demand-side problem."
Mobile

How Cannabis Cultivator Grassroots Upped Its Digital Game When States Shut Down

Grassroots had to pivot almost overnight when shelter-in-place mandates were ordered.
Mobile

EU Launches Probes of App Store, Apple Pay

The European Commission will look into the two Apple services to determine whether they stifle competition.
Mobile

Apple iPhone Sales Spike in China

“Apple is better positioned than most to experience a rapid recovery in a post-COVID world. We see demand as pushed out, not canceled.”
Mobile

Five Best Practices for Today’s Stay-at-Home Workforce

Many firms, for a variety of reasons, have been slower to embrace advances in technology to support a nonoffice dwelling staff — until now.
Mobile

Apple Hit With Antitrust Violations in France

“Apple and its two wholesalers ... agreed not to compete with each other and to prevent distributors from competing with each other."
Mobile

Robinhood Outage Extends Into Second Day

Users of the popular free stock-trading app were cut out of Monday’s market rally.
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