Business news

China's Tencent takes 12% stake in Snapchat parent

Snapchat parent Snap Inc. disclosed Wednesday that Chinese tech giant Tencent had taken a 12 percent stake, a sign of confidence in the social network that has delivered disappointing results since its share offering this ...

dateNov 08, 2017 in Business
shares3 comments 0

Surf's up for startups at Web Summit 2017

The next generation of Internet giants gather this week in Portugal for four days of tech-fuelled networking, nights out and—for the first time this year—surfing of the offline variety.

dateNov 07, 2017 in Business
shares6 comments 0