Monday, August 12, 2019

Zhihu, a China-based Q&A platform with 100M+ posts, raises $434M led by Chinese live-streaming platform Kuaishou, with Baidu, Tencent, and others participating (Bloomberg)

Bloomberg:
Zhihu, a China-based Q&A platform with 100M+ posts, raises $434M led by Chinese live-streaming platform Kuaishou, with Baidu, Tencent, and others participating  —  - Baidu to add Zhihu's online Q&A content to its main mobile app  — Deal may help Baidu and Kuaishou compete with Bytedance



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...