May 22 (Reuters) – Activist investor TCS Capital Management has built a stake in Yelp Inc (YELP.N) and is urging the service-recommendation site to explore strategic options, including a sale, the Wall Street Journal reported, citing people familiar with the matter. TCS Capital, owning over 4% of the outstanding shares of Yelp’s common stock, ranks … [Read more…]
May 15 (Reuters) – Vice Media Group, the company popularly known for its websites such as Vice and Motherboard, said on Monday it had filed for Chapter 11 protection to facilitate its sale. The company said in a court filing that it listed both assets and liabilities in the range of $500 million to $1 … [Read more…]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ZXSR5FD6Q5O3LG7NSLZ2UYC4YU.jpg "Exclusive: Pakistan point-of-sale payments slump nearly 50% after protest violence")
KARACHI, Pakistan, May 11 (Reuters) – Point-of-sale transactions routed through Pakistan’s main digital payments system fell by nearly 50% the day after former Prime Minister Imran Khan’s arrest ignited countrywide protests and prompted authorities to shut down mobile internet services, data showed on Thursday. The reason for the slump was primarily the mobile broadband suspension, … [Read more…]