The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia traded lower on Monday afternoon, as a Nasdaq-style technology board on the Shanghai Stock Exchange marked its debut.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Groupon CEO Rich Williams said Thursday the daily deals company is fighting for customers but not for its very survival.
While surging about 27 percent at the open on encouraging quarterly results and outlook, Groupon stock has lost about 80 percent of its value over the past five years.
Williams told "Squawk Box" it's time to "double down" on the core business of serving local companies and consumers.
"We're a leader in the space. There's a ton of room for innovation in local that we're pursuing and that we think has significant long term yet to be realized," Williams said.
He also stressed the importance of "making it ... really easy for merchants and small businesses to work on our platform and connect with customers."
Groupon late Wednesday posted a smaller-than-expected loss of a penny per share and higher-than-expected revenue. Analysts had expected a 2 cent loss.
The online marketplace also increased its 2016 revenue and earnings forecasts.
Williams cited various products and services as areas of focus, such as delivery and takeout, ticketing and health and beauty.
"We obviously watch the big platforms. You can't deny the scale and scope and the power in the big platforms like Google and Facebook, " he added. "But we spend most of our time thinking about the customer ... [and] great offerings vertical by vertical."