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Xiaomi IPO Could Value Smartphone Giant at Half Its Initial Goal
Xiaomi Corp.’s highly-anticipated Hong Kong initial public offering could value the Chinese smartphone giant at as little as $53.9 billion, roughly half its initial goal.
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U.S. Sanctions on Iran Crude Stir Up a Corner of the Oil Market
Effects of the U.S. decision to renew sanctions on OPEC member Iran are already spreading beyond the world of crude to some corners of the oil market.
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Xiaomi Starts Taking Orders for Up to $6.1 Billion Hong Kong IPO
Xiaomi Corp. started taking orders for the world’s biggest initial public offering in nearly two years, aiming to raise as much as $6.1 billion in Hong Kong.
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Five Things You Need to Know to Start Your Day
Here are some of the things people in markets are talking about.
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CIA Tech Official Calls Amazon Cloud Project `Transformational'
Top CIA technology official Sean Roche gave an enthusiastic review on Wednesday of the agency’s multimillion-dollar cloud computing deal with Amazon.com Inc.
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Crypto Pioneer Buys Canada's Biggest Condo in Former Trump Tower
A cryptocurrency baron has bought the largest and one of the most expensive condos in Canada.
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States Seek More Money to Secure Elections After Russia Meddling
State election officials said they haven’t received as much federal funding as they need to secure their election systems even after U.S. intelligence officials concluded that Russia meddled in the 2016 election and the federal government called on states to step up efforts to prevent hacking.
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Private Equity in Japan Needs Some Shake, Rattle and Roll
A softly, softly approach just won’t cut it.
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One Cop's Fight Against Fake News is Saving Lives in India
Local musicians are already singing about the evils of fake news when police superintendent Rema Rajeshwari’s convoy rolls up to the dusty village square in one of India’s poorest communities. "Don’t believe these things," a performer cries out to the crowd.
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United Talent Agency Creates Podcast Network for YouTube Stars
Hollywood firm United Talent Agency represents some of the biggest YouTube stars and podcast networks around. Now it’s trying to bring those two worlds together.