China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
As China's economic growth declines, some analysts say Beijing may have to spend more on infrastructure, adding to concerns about high debts.China Economyread more
After years of speculation, Neuralink, the brain-machine interface start-up co-founded by Elon Musk, started talking directly to the public on Tuesday.Technologyread more
"The charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited," Jim Cramer says.Mad Money with Jim Cramerread more
John Paul Stevens, who served on the Supreme Court for nearly 35 years and became its leading liberal, has died.Politicsread more
Aarti Borkar from IBM Security says artificial intelligence bias can exist at three levels: the program, the data and the people who design those AI systems.Cybersecurityread more
A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new...Real Estateread more
The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.Banksread more
Mikaila Ulmer may be just 14 years old, but the Me & the Bees Lemonade founder knows a thing or two about business.Young Successread more
U.S. President Donald Trump said Tuesday that Washington and Beijing have a long way to go on trade, adding that America could place tariffs on an additional $325 billion...Asia Marketsread more
The U.S. and China restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all.Marketsread more
It's well-known that Facebook paid a hefty sum to buy messaging app WhatsApp. But in the process, Facebook CEO Mark Zuckerberg apparently outbid a rival who had fallen ill, according to a new report in Bloomberg Businessweek.
Tencent, the maker of WeChat, was interested in buying WhatsApp in early 2014, a deal that would have instantly expanded China's most popular technology platform. But co-founder Pony Ma got back surgery, delaying his visit to Silicon Valley to broker the deal, according to Bloomberg. California-based Zuckerberg ultimately offered double what Tencent planned to offer to buy WhatsApp, announcing the deal in February 2014.
The $19 billion deal turned heads at the time, when Zuckerberg said the deal materialized quickly over a dinner meeting in early February. Zuckerberg is no stranger to rushed deals — Facebook attempted to negotiate the acquisition of virtual reality company Oculus over one weekend.
Bloomberg's report doesn't make clear if Zuckerberg knew about Ma's intentions and condition, and Facebook was not immediately available to comment on the report. WhatsApp has more than 1.2 billion users every month who send more than 50 billion messages per day, Facebook said on its Q4 2016 earnings call.