Facebook acquires Giphy to integrate into Instagram

Source: Dukascopy Bank SA
Facebook is buying Giphy, the popular GIF website, for further integration into Instagram, the social media tech announced on Friday, not disclosing the financial details of the deal.
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Fri, 15 May 2020 19:11:58 GMT

Foxconn Q1 profit hits record low in two decades

Foxconn reported its Q1 profit dropped to its lowest level in two decades, after the coronavirus outbreak forced the Taiwanese company to halt its manufacturing operations based in China, knocking customer demand including Apple.

Fri, 15 May 2020 17:37:18 GMT

Nissan expects bigger role for China, US markets in car sales

Nissan Motor is expecting equal contributions to the global vehicle sales from the United States, China and other markets in the following years, as the Japanese automaker aims to recover profitability.

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