EBay Sells Classifieds Ad Business for $9.2B
EBay agreed to sell its online classifieds business to Norway-based digital marketplace owner Adevinta. The deal, valued at $9.2 billion,...
Year: 2020
EU Agrees to $857B Economic Recovery Plan
Overcoming deep divisions over some of its terms, European leaders agreed Tuesday to a historic deal to rebuild EU economies...
LinkedIn to Cut 6{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} of Global Workforce
Microsoft-owned career networking platform LinkedIn said it is cutting about 6{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} of its workforce, or 960 jobs, citing the disastrous...
Snap User Growth Rises But Misses Forecast
The owner of Snapchat reported better-than-expected quarterly results but slowing user and revenue growth appeared to weigh on investors. Snap’s...
European Union Leaders Agree on Spending Plan for Recovery
BRUSSELS—European Union leaders agreed on a €1.8 trillion ($2.06 trillion) spending package aimed at containing an unprecedented economic downturn by...
Luis Esteban Kyburg, Ex-Commander in Argentina’s ‘Dirty War,’ Is Living Quietly in Berlin, Prosecutors Say
A retired Argentine military officer is living in a balconied apartment of a townhouse in a trendy district of Berlin,...
U.S. Is Positioning Military Assets Around Asia to Counter China, Esper Says
WASHINGTON—The U.S. is equipping and positioning its forces across Asia for a possible confrontation with China, Defense Secretary Mark Esper...
In China’s Surging Property Market, Falling Rents Point to Economic Pain
BEIJING—Rents in China’s big cities have been falling in recent weeks, a sign of economic uncertainty in China’s otherwise gravity-defying...
U.K. Failed to Probe Alleged Russian Interference in Votes, Report Says
LONDON—An influential U.K. parliament intelligence committee Tuesday said the British government had failed to investigate alleged Russian interference in several...
Worst Flooding in Decades Raises Concerns Over China’s Three Gorges Dam
BEIJING—Two months of unusually powerful rains in central and southern China have swelled the Yangtze River, triggering the worst flooding...
