Topic: US$700 million
NetEase sells Kaola unit to Alibaba for US$2b
NEW YORK, Sept 6 — Nasdaq-listed gaming giant NetEase Inc said yesterday it agreed to sell its Chinese e-commerce business Kaola to Alibaba Group Holding Ltd for US$2 billion (RM8.4 billion).
Equifax to pay up to US$700m over data breach
WASHINGTON, July 22 — US credit monitoring agency Equifax agreed to pay up to US$700 million (RM2.88 billion) in a settlement stemming from a data breach that affected nearly 150 million customers, ...
Chrysler saviour Lee Iacocca dies at 94
LOS ANGELES: Lee Iacocca, the US auto executive and television pitchman whose feel for consumers’ changing tastes helped produce the Ford Mustang and the Chrysler minivan and made him one of the fir...
Tesla seeks up to US$2.3b from share, debt issues
NEW YORK, May 2 — Tesla Inc announced plans to raise up to US$2.3 billion (RM9.5 billion) in new capital today, easing Wall Street concerns over the electric carmaker’s ability to see through its ...
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