Alphabet's Verily attracts $700M in funding

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Source: Dukascopy Bank SA
Verily Life Sciences, Alphabet's life sciences unit, has raised $700M in its round of funding from investors including Temasek, Silver Lake and Alphabet, amid its commercial businesses expansion.
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Fri, 18 Dec 2020 03:52:55 GMT

FedEx profit surges on rate hikes

The US delivery company FedEx reported its quarterly profit nearly doubled on spiking volume and rate hikes that helped reduce the company's cost of delivering e-commerce purchases during the pandemic.

Thu, 17 Dec 2020 17:29:44 GMT

Walmart ties up with TikTok

Walmart announced on Thursday it had partnered with TikTok to sell its merchandise during live streams launched by creators and is considering an investment into the Chinese video-sharing app.

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