Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported ... Read More
AT&T Inc is merging its wireless and business divisions into a single unit led by Ralph de la Vega, former chief executive of the company’s wireless segment, a spokesman ... Read More
Burger King Worldwide Inc (BKW.N) agreed to buy Canadian coffee and doughnut chain Tim Hortons Inc (THI.N) (THI.TO) in cash and stock to create the third-largest quick service restaurant ... Read More
India’s pricing regulator has fined more than a dozen global and local carmakers a total of 25.5 billion rupees ($420 million) after a probe found they had engaged in ... Read More
The Swiss private bank Pictet Group reported its financial results publicly for the first time in its 209-year history on Tuesday, showing a profit and highlighting continuing changes in ... Read More
Japan’s government turned slightly more cautious about factory output and flagged a risk that April’s sales-tax hike could have prolonged effects, a sign that the world’s third-biggest economy is ... Read More
Russia’s food safety watchdog has ordered the temporary closure of one of McDonald’s restaurants in Yekaterinburg in the Urals region, the fifth such closure in recent weeks, the fast ... Read More
China Vanke, the country’s largest residential property developer by sales, and Taobao, the country’s largest virtual bazaar, have teamed up to offer homebuyers discounts for shopping online. Home buyers ... Read More
A strong earthquake that jolted residents of California’s Napa Valley wine country from their beds on Sunday caused insured property damage likely in the hundreds of millions of dollars, ... Read More
Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos’ resolve to transform Amazon into an Internet destination ... Read More
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