Tencent Unit's Shares Up 91% on Debut
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The global frenzy for technology stocks sent shares of China Literature surging on their first day of trading in Hong Kong.
Senate Committee Subpoenaed Former Yahoo CEO Mayer
A Senate committee moved last month to force former Yahoo Chief Executive Marissa Mayer to testify in a hearing Wednesday about corporate data breaches, after she initially declined lawmakers' invitation.
U.S. Stresses Individual Charges in Rolls-Royce Case
U.S. prosecutors on Tuesday unsealed charges against five people in a foreign bribery scheme involving Rolls-Royce PLC and its local unit, and when doing so, emphasized their efforts to target individuals.
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VW Expands Its Quantum Computing Research With Google
VW CIO Martin Hofmann says the German automaker chose to work with Google's quantum computing division because it knows how to scale the technology in a way that can be used commercially. The new research areas will include self-driving cars, batteries for electric vehicles and supply chain management,
GenOn Wins Bankruptcy Battle with Power-Plant Owners
A court ruling cleared the way for power-plant operator GenOn Energy to separate from NRG Energy and gain court-approval of its chapter 11 bankruptcy plan.
Investors Sue Ad Startup Outcome Health for Alleged Fraud
Investors in Outcome Health on Tuesday sued the prominent Chicago advertising startup and its two founders, claiming fraud and breach of contract some eight months after investing nearly $500 million in the company.
Snap Plunges Nearly 20% as Quarterly Loss More Than Triples
Snap Inc. shares plunged as much as 20% after the company said its quarterly loss more than tripled, disappointing Wall Street again as it failed to significantly grow the number of people using its app daily.
Steven A. Cohen, Andreessen-Backed DIY Quant Fund Struggles
A quant-trading firm backed by hedge-fund investor Steven A. Cohen and venture-capital firm Andreessen Horowitz has run into early problems.
Unilever Gains Delay in Dispute
Unilever has won a temporary respite in a case alleging the company colluded with another firm to divide up the spreads market in South Africa.
Twitter's 280-Character Tweets Officially Go Live
Love it or hate it, Twitter's tweets can now extend to 280 characters, twice the prior limit which maxed out at the length of this sentence.
(END) Dow Jones Newswires
November 08, 2017 01:15 ET (06:15 GMT)