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Technology
TSMC Announces Weak Guidance due to Softer Phone Demand
Due to softer demand and being more conservative in the crypto mining industry, TSMC announced weak guidance for the 2nd quarter.
Spotify Shares Skyrocket 13 percent in Wall Street Debut
Spotify rose 12% in its Wall Street debut, valuing the music streaming business of up to $27 billion.
Amazon Shares Fall after Trump Tweets another Attack
Amazon tweeted another attack on Amazon, sending its shares falling.
Report: Trump’s “Obsessed” with Amazon; Shares Tumble
Trump's obsession with Amazon has sent its shares tumbling.
Saudi Arabia, SoftBank Announce World’s Biggest Solar Power Project
Saudi Arabia and Softbank collaborate to build the world's biggest solar power generation project.
Dropbox Shares Skyrocket in Best Technology Market Debut
Dropbox just made the best technology market debut in its Initial Public Offering on Friday. Its estimated market value was up to $12.67 billion.
Uber Sells its Southeast Asia Business to rival Grab
Grab will acquire Uber in Southeast Asia, with Uber to receive a 27.5% stake in the business in return.
Amazon Tops Alphabet as 2nd Most Valuable Company
Amazon passed Alphabet to become the world's 2nd most valuable company.
Alibaba Invests $2bn in Southeast Asian Online Mall Lazada
China-based Alibaba makes an investment of $2 billion to online mall Lazada to further accelerate its business in Southeast Asia, and has named its new CEO.