Page 43 - Big Caps News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Discord pulls out of merger talks with Microsoft The video game chat app, valued at around US$7bn, has reportedly ended negotiations for a potential merger with the computing giant, rekindling speculation of a possible IPO Video gaming chat app Discord has decided to retain its independence by pulling out of merger negotiations with computing giant Microsoft Corp (NASDAQ:MSFT). According to a Wall Street Journal report on Tuesday citing people familiar with the matter, talks between the two sides, which were initially reported last month to involve a potential US$10bn tie-up, were ended with...

Full-year revenue is expected to grow around 8%, which is the upper end of guidance Avast PLC (LON:AVST) said it is trading in line with expectations while the disposal of the Family Safety mobile business was completed last week. The cybersecurity specialist said the sale will be “modestly” earnings dilutive and will benefit reported growth rates over the balance of the year. It now expects full-year revenue to grow around 8%, which is the upper end of guidance, with the Consumer Indirect segment revised to 1-2% growth. Due to continued research and development and marketing investment, ...

Tuesday's dip may be due to profit-taking after a strong run recently Associated British Foods PLC (LON:ABF) expressed caution in its interim results but the City remains bullish on Primark’s ability to rebound after months of closures. In fact, the fast-fashion retailer The performance was driven not only by increased basket sizes, as seen after previous lockdowns, but also by an improvement in footfall. People shopped for essentials in the nightwear, lingerie and leisurewear ranges but there was huge demand for fashion lines, particularly in womenswear, as consumers are rebuilding their ...

The social media giant said its new 'Live Audio Rooms', which allow users to interact with groups and public figures in real-time and in audio-only,...

The power and influence of ARK Innovation ETF and Cathie Wood's range of active ETFs – a two minute explainer The success of the funds means they can move markets and are inspiring launches of other active ETFs ARK founder Cathie Wood ARK Innovation ETF (NYSEARCA:ARKK) and chief stockpicker Cathie Wood have become such investor favourites over the past year they have the power to move markets. Although the ETFs are not tradeable in the UK, the strong record from the asset manager’s range of funds, and her regular appearances on financial TV channels, means Wood and her multi-b...