Early yesterday, news broke that China's most valuable company, Tencent Holdings had acquired a 5% stake in Tesla. In a 13G filing with the SEC, Tencent Holdings revealed a 8,167,544 share stake in Tesla.Most investors stateside might not be familiar with Tencent, but it is China's most valuabl
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Last week, chatter made the rounds that Amazon was going to takeover Souq.com, a Dubai based online retailing company. In a recent round of fund raising last February, Souq.com was valued at reportedly $1 billion. According to the analyst at Baird that covers Amazon, the online retail market in the
Last week, Google found itself in the center of a firestorm regarding the ad placement controversy, with many high-profile clients pulling their ads from Google/Alphabet owned unit, YouTube. Although the company is still not completely out of the unpleasant situation, judging by yesterday'
I just Googled the words 'Wall Street" and here's a few headlines that came up just on the first page:'Wall Street dips in dramatic session as health bill pulled.''Donald Trump's healthcare morass could lead Wall Street to sour..."'Wall Street fear is threatening a dramatic comeback...'From the mome
Last week shares of Alphabet/Google lost about 4.5% per share thanks to the YouTube ad content controversy.The issue started a week or so ago when major advertisers ranging from the government of Great Britain to global corporate giants like Amazon and Microsoft started reducing their ad purchasing