ByteDance’s valuation slumps by a quarter in stock buyback – source

ByteDance’s valuation slumps by a quarter in stock buyback – source

The ByteDance logo is seen at the company’s office building in Shanghai, China July 4, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights Oct 2 (Reuters) – China’s ByteDance is buying back shares from U.S. employees in a deal that values the TikTok parent company at $223.5 billion, about 26% lower than a valuation a year … Read more

Exclusive: Stroeer considers options for 2024 sale of data business Statista -sources

Exclusive: Stroeer considers options for 2024 sale of data business Statista -sources

FRANKFURT/LONDON, Sept 7 (Reuters) – German advertising group Stroeer is considering possible options for the sale of Statista in 2024, in a process which could value the data gathering business at up to 1.5 billion euros ($1.6 billion), four sources familiar with the matter said. Private equity firms are looking at Statista ahead of a … Read more

Chandrayaan-3 spacecraft lands on the moon in ‘victory cry of a new India’

Chandrayaan-3 spacecraft lands on the moon in ‘victory cry of a new India’

Mission comes less than week after Russia’s Luna-25 mission failed Russia’s Putin and NASA congratulate India India becomes fourth nation to successfully land spacecraft on the moon Launch budget of about $74 million less than the cost to produce 2013 Hollywood space thriller ‘Gravity’ BENGALURU, Aug 23 (Reuters) – An Indian spacecraft landed on the … Read more