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Musical.ly, a Chinese App Big in the U.S., Sells for $1 Billion

SHANGHAI — The only Chinese social media company to build a major network outside China will be taken over by a fast-growing Chinese upstart.Musical.ly, a video-based social network popular with teenagers in the United States and Europe, is being sold for between $800 million and $1 billion to Bytedance, the company that controls the Chinese news…
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Apollo Global is buying Rackspace for $4.3 billion

The Rock Leads Forbes' Highest-Paid Actors Li... The deal is expected to close in the fourth quarter of the year. After Google Phone, We Might See Google Watch... Take Big Data from University of California S... Times Global Partners is an initiative focused on partnering with Established and Emerging Global Digital…
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