Tech Up Even As Antitrust Stress Builds On Google, Fb — Tech Roundup
Shares of know-how firms rose at the same time as antitrust pressures appeared set to construct. Federal and state antitrust authorities are making ready to file new lawsuits in opposition to Fb and Alphabet’s Google along with a go well with beforehand filed in opposition to Google.
Individually, Fb stated it will purchase Kustomer, a startup that focuses on customer-service platforms and chatbots, a part of an effort by the social-media large to assist firms use its platforms to do enterprise.
Meals-delivery app DoorDash stated it plans to promote 33 million shares priced between $75 and $85 apiece, in an preliminary public providing that would give it a valuation of as a lot as $32 billion.
GM nixed plans to take an 11% stake in Nikola after a controversial interval throughout which the electric-truck maker’s founder was accused of creating fraudulent claims in regards to the firm.
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(END) Dow Jones Newswires
November 30, 2020 17:11 ET (22:11 GMT)
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Dow Jones – Tech Up Even As Antitrust Stress Builds On Google, Fb — Tech Roundup