Search Results for:Bhanu Pratap

Tencent investment executive quits as China’s gaming industry slows down

His exit comes at a time when Tencent is reeling from a Chinese crackdown on online gaming

Tencent Music, Spotify in talks to swap stakes up to 10% – Report

The deal would align the two services in future licensing negotiations with the major music labels.

GE to focus on three key units, exit most other operations

The Boston-based company also plans to shed its majority stake in Baker Hughes, which became a separate public company in July after merging with GE’s oil and gas operations.

Alphabet spins out geothermal startup Dandelion

Dandelion has secured an initial $2 million round of seed funding.

Bitcoin exchange Coinbase seeks new funds at $1b valuation

Bitcoin exchange Coinbase Inc is in talks with potential investors on a new round of funding at a valuation of more than $1 billion, the Wall Street Journal reported on Friday. It is not clear which investors are committing to the round, which was described as targeting around $100 million… Read more »

SoftBank considers investment of over $1b in WeWork

The deal could be among the first from SoftBank’s $100b technology fund.

China: unit to merge with crowdsourcing platform Dada Nexus in $200m deal Inc said its online-to-offline unit, JD Daojia, will merge with Dada Nexus Ltd, a crowdsourcing platform, to form a new company. Under the merger agreement, will receive about 47.4 percent of the new company’s equity for $200 million in cash.