Turkey’s competition board fined Meta Platforms 1.2 billion lira ($37.20 million) on Wednesday after concluding two separate investigations on data-sharing in its Facebook, Instagram, WhatsApp and Threads platforms.
A coin called TON has leapt in value in recent months, with investors betting its integration with messenger service Telegram could bring the cryptocurrency to the app’s estimated 900 million users.
Intel said its sales would take a hit on Wednesday after the U.S. revoked some of the chipmaker’s export licenses for China, in a move Beijing complained was going too far in the name of national security.
Engineering solutions firm Emerson raised its full-year profit forecast on Wednesday, expecting steady demand in its unit that makes valves, regulators and actuators.
Reddit soared as much as 11% in early trading on Wednesday after the social media firm floored investors with strong revenue growth and improving profitability in the first earnings since its market debut.
Atlan said on Wednesday it had raised $105 million in a funding round led by Singapore’s sovereign wealth fund GIC and tech investor Meritech Capital that valued the artificial intelligence startup at $750 million.
China issued draft rules on Wednesday to regulate its lithium battery market, after rapid expansion in the sector hit industry profits and sparked concerns about overcapacity in international market.
