Wednesday , January 16 2019

News

Bytedance unveils video-based messaging app

Bloomberg Bytedance Ltd, the world’s most valuable startup, unveiled a new video-based messaging service designed to take on Tencent Holdings Ltd’s dominant WeChat. Bytedance launched the new service, named “Duoshan,” during a live-streamed event in Beijing. Similar to Snapchat, the app lets users send short-lived videos, GIFs and images to ...

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Big tax break for businesses at risk as US shutdown drags on

Bloomberg The longest government shutdown in US history could cause tens of thousands of businesses to make a tough choice about whether to claim one of the biggest perks in the Republican tax overhaul. Owners of so-called pass-through entities such as partnerships and limited liability companies have to file their ...

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Germany dodges recession with Q4 growth

Bloomberg Germany’s economy narrowly avoided a recession at the end of 2018 after a slump in industry raised concerns over Europe’s growth engine. There was a “slight” increase in gross domestic product in the three months through December, according to the Federal Statistics Office, which will publish official figures next ...

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