German city diesel bans : Volkswagen to buy back cars hit
Volkswagen has said it will buy back new or nearly new diesel cars affected by diesel bans in German cities. …
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NEX acquired for $5.5 billion by CME Group
Futures trading giant CME Group has reached a deal to buy U.K.-based NEX Group for £3.9 million ($5.49 billion). CME will acquire London-based NEX …
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Popular ‘FANG’ stocks drop most ever as tech backlash grows
The tech sector sell-off is not just about Facebook’s data scandal anymore. Several of the market’s favorite technology stocks tanked …
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Oscar Health, Josh Kushner’s health insurance start-up, raises $165 million from Alphabet and others
Disrupting health insurance is no easy feat, but the investors behind Oscar Health, the start-up co-founded by Joshua Kushner, believe the …
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Spotify expects its 2018 revenue to grow 20% to 30%
Spotify, the world’s biggest selling music streaming service, expects revenue to grow 20% to 30% this year as currency swings …
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‘Russian troll’ accounts deleted by Tumblr
Blogging platform Tumblr has deleted 84 accounts it says Russian propagandists used to spread disinformation during the 2016 US election. …
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Amazon is shutting down Vendor Express
Three years ago, Amazon launched a program called Vendor Express to make it easier for wholesalers to get inventory onto the e-commerce …
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Amazon recalls 260,000 AmazonBasics portable power banks
Amazon is recalling 260,000 AmazonBasics portable power banks that can “overheat and ignite,” according to a release by the Consumer Product Safety …
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Major cryptocurrency exchange Coinbase and Barclays strike a banking deal
Coinbase, one of the world’s largest cryptocurrency exchanges and wallets, obtained a bank account with U.K. lender Barclays, the company said …
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Ofo raises $866 million led by Alibaba
Chinese bike-sharing firm Ofo has raised $866 million in new funding led by Alibaba Group Holding Ltd, in what it said …
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