Micron Technology expects first-quarter operating expenses to be higher than its prior estimates, sending the memory chipmaker’s shares down 3%, even as the company projected revenue to trend towards the upper-limit of its forecast.
Chinese payments group Alipay plans to sell its 3.4% stake in Indian food delivery giant Zomato for nearly $400 million through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal’s term sheet.
Deep discounts on everything from beauty products and toys to electronics during the Thanksgiving weekend enticed U.S. shoppers to splurge about $38 billion online, signaling a strong holiday shopping season even as economic uncertainty swirled.
Latin American venture capital firm NXTP has raised $98 million for a fund targeting technology startups largely in Brazil and Mexico, it said on Tuesday.
Symphony, the markets infrastructure and tech firm, is teaming up with Google to ramp up its voice analytics offering to banks and investment firms, executives told Reuters, as regulators get tough on communications compliance.
Britain’s competition regulator said on Tuesday Photoshop owner Adobe’s $20 billion buyout of cloud-based designer platform Figma could harm innovation for software used by the vast majority of UK digital designers.
The Indian Space Research Organization (ISRO) and the NASA plan to launch a joint remote sensing satellite for Earth observation in the first quarter of next year, deputy minister for science and technology Jitendra Singh said in a statement on Tuesday.
Alibaba Health Information Technology said on Tuesday it had struck a HK$13.51 billion ($1.73 billion) deal to get the rights to certain services of Alibaba’s marketing tool, a move it expects to improve its revenue and services to online stores.
Latin American fintech Clara has launched a payment account in Brazil that it expects will help it reach 6 billion reais ($1.23 billion) in transactions in 2024, the firm said on Tuesday, as it eyes growth in the region’s largest economy.
