Nivedita Balu
Stories by Nivedita Balu
Canadian lender TD calls off $13.4b deal to buy First Horizon Bank
TD and First Horizon mutually decided to end the deal
Meta to fire 10,000 employees in second round of layoffs
The company will also scrap hiring plans for 5,000 openings and cancel lower-priority projects.
Meta to fire 11,000 employees in one of the biggest layoffs this year
It also plans to cut discretionary spending and extend its hiring freeze through the first quarter.
Uber investigates ‘cybersecurity incident’ after report of breach
Cybersecurity has been an issue for Uber in the past too.
Whistleblower payment does not breach deal terms, says Twitter
Elon Musk had cited the move as another reason to scrap the deal
Alibaba added to US SEC’s delisting watchlist, shares fall
Alibaba is among over 270 Chinese firms listed in New York identified as being at risk of delisting.
Coinbase says it will slash 1,100 jobs as crypto winter sets in
The layoffs represent 18% of the exchange's workforce.
Musk threatens to walk out of Twitter deal over ‘material breach’
Musk's threats to tear up the deal have coincided with a plunge in many tech stocks
Majority shareholders vote for delisting of Chinese ride-hailer Didi from NYSE
There is no promise from Didi on if or when it could get the shares listed in HK
Temasek hikes stake in e-commerce companies Amazon, Pinduoduo by over 15%
The investor has been stepping up investments in the US, especially in the tech sector
