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  • Multimillionaire: Get Out of Cash Now

    Multimillionaire: Get Out of Cash Now

    One of the world’s leading financial experts explains a huge shift wealthy people are making with their cash—this could provide huge benefits.

  • MLB stars are using video games to hone their skills during lockdown
    Digital Trends

    MLB stars are using video games to hone their skills during lockdown

    From the baseball diamond to Diablo

  • Best Memorial Day Sales 2020: The deals are rolling in
    Digital Trends

    Best Memorial Day Sales 2020: The deals are rolling in

    Memorial Day 2020 is right around the corner, and that can only mean one thing: Tons of great sales.

  • Bloomberg

    Food Delivery Giant Meituan’s Sales Beat Estimates

    (Bloomberg) -- Meituan Dianping reported a smaller than expected 13% slide in revenue during China’s nationwide Covid-19 lockdown, warning the fallout from the pandemic will continue to affect the world’s largest meal delivery business over the rest of 2020.Sales fell 12.6% to 16.8 billion yuan ($2.4 billion) in the three months ended March, compared with the 15.6 billion yuan average of analysts’ estimates. It also reported a lower-than-projected net loss of 1.58 billion yuan. Shares of Meituan rose 6% in Hong Kong before earnings were announced. It’s gained roughly $40 billion in market value since China began to return to normal in mid-March.Backed by Tencent Holdings Ltd., Meituan’s sprawling services from food delivery to in-store dining and hotel booking were among the most vulnerable during China’s Covid-19 shutdowns.“Our food delivery business was facing significant challenges on both the supply side and demand side for the first quarter of 2020,” the company said in its exchange filing. “Moving on to the remaining of 2020, we expect that factors including the ongoing pandemic precautions, consumers’ insufficient confidence in offline consumption activities and the risk of merchants’ closure would continue to have a potential impact on our business performance.”Before the outbreak, the internet services giant had made an aggressive push into arenas from online travel to ride-hailing. While the business that encompasses hotels and travel posted a 31% plunge in March-quarter revenue, Meituan’s much smaller new initiatives segment -- which includes bike- and car-hailing -- actually grew sales 4.9%, aided by the launch of a new grocery delivery service.While Meituan is expanding offerings to sell things like handsets and farm produce, rivals including Ant Financial and SF Express, both backed by Alibaba Group Holding Ltd., are elbowing their way into Meituan’s core takeout business. Alibaba’s food-delivery arm Ele.me is also engaging in a subsidy battle with the startup for market leadership.Longer term, Meituan will also have to grapple with China’s worsening economy, which may further dent consumer spending.What Bloomberg Intelligence SaysMeituan may signal some business recovery in 2Q as China reopens its economy, but it could take some time for consumer confidence to fully recover, especially for its travel business.Ver-Sern Ling and Tiffany Tam, analystsClick here for research.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.?2020 Bloomberg L.P.

  • Best Wireless Home Security Cameras of 2020
    Consumer Reports

    Best Wireless Home Security Cameras of 2020

    Wireless security cameras are a great way to keep an eye on your home and spot potential trouble. But just because your house is safer doesn’t mean the footage these streaming video cameras colle...

  • Top Stock You Should Buy Today

    Top Stock You Should Buy Today

    Wall Street Legend Paul Mampilly shows you the top stock of 2020… and it's only $10! See the details here…

  • Best Google Assistant Devices From Consumer Reports' Tests
    Consumer Reports

    Best Google Assistant Devices From Consumer Reports' Tests

    Google Assistant is the most prevalent digital assistant behind Amazon's Alexa, but it can't tell you which of the products that work with it are the best. That's our job. To help you home in on ...

  • The best cheap QLED TV deals for May 2020: Samsung and Vizio
    Digital Trends

    The best cheap QLED TV deals for May 2020: Samsung and Vizio

    Looking for QLED TV deals? We tracked down sales on must-have models from the likes of Samsung and Vizio.

  • The best cheap OLED TV deals for May 2020: LG and Sony
    Digital Trends

    The best cheap OLED TV deals for May 2020: LG and Sony

    Looking for OLED TV deals? We tracked down sales on must-have models from the likes of LG and Sony.

  • These are the best cheap wireless keyboard deals for May 2020
    Digital Trends

    These are the best cheap wireless keyboard deals for May 2020

    Coronavirus got you working off of a laptop from home? A wireless keyboard might make it more bearable.

  • Windows 7 Is Dead: What You Need To Do Now...

    Windows 7 Is Dead: What You Need To Do Now...

    How To Move On From — Or Keep Living With — Windows 7 (And Stay Safe Online)...

  • These are the best cheap soundbar deals for May 2020
    Digital Trends

    These are the best cheap soundbar deals for May 2020

    We've rounded up all of the best deals on the top soundbars that the leading manufacturers have to offer.

  • These are the best cheap Bluetooth speaker deals for May 2020
    Digital Trends

    These are the best cheap Bluetooth speaker deals for May 2020

    Here are the best cheap Bluetooth speaker deals available today, headlined by leading models from JBL and UE.

  • The best cheap AirPods deals for May 2020: AirPods and AirPods Pro
    Digital Trends

    The best cheap AirPods deals for May 2020: AirPods and AirPods Pro

    Finding AirPods in a discount bin isn't as rare as you'd think — you just need to know where to look.

  • These are the best cheap wireless headphone deals for May 2020
    Digital Trends

    These are the best cheap wireless headphone deals for May 2020

    If you're looking to snag a fantastic pair of headphones on the cheap, you've come to the right place.

  • The best funds for your retirement needs

    The best funds for your retirement needs

    Are you ready for retirement? Find and compare the best retirement income funds on Yahoo Search now.

  • The best Android apps (May 2020)
    Digital Trends

    The best Android apps (May 2020)

    There are thousands of apps that let you turn your phone into a jack-of-all-trades. Here are our favorites.

  • These are the best cheap 4K TV deals for May 2020
    Digital Trends

    These are the best cheap 4K TV deals for May 2020

    If you're looking to take your home viewing to the next level with a shiny new 4K TV, check out these deals.

  • Bloomberg

    TikTok's In-App Revenue Skyrockets During Lockdowns

    (Bloomberg) -- ByteDance Ltd.’s millennial sensation TikTok and its Chinese twin app Douyin ranked top in the world among mobile apps for April revenue, according to Sensor Tower data that excludes games and advertising.Focusing narrowly on in-app purchases, TikTok and Douyin’s numbers for the month showed a tenfold increase to $78 million, propelling them ahead of more established names like YouTube, Tinder and Netflix, which rely more on existing subscriptions.The Chinese market, served by Douyin, contributed 86.6% of the app income, followed by the U.S. with 8.2%. In either version of the video-streaming app filled with dance videos and memes, users can purchase virtual currency to spend on supporting their favorite creators.Like many social media platforms, ByteDance is testing the waters of online commerce, even while it continues to rely on advertising as its main source of income. Emarketer expects that more than 75 million US social-network users aged 14 and older will make at least one purchase from a social channel in 2020, up 17.3% from 2019.In 2020’s first quarter, TikTok and Douyin generated 315 million downloads globally, up from 187 million a year earlier, said Sensor Tower, noting the positive influence of Covid-19 on the video-sharing apps’ popularity.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.?2020 Bloomberg L.P.

  • AirPods Pro aren’t at their lowest-ever price anymore, but this deal comes close
    Digital Trends

    AirPods Pro aren’t at their lowest-ever price anymore, but this deal comes close

    Verizon’s offer that saw the AirPods Pro on sale for $220 may be over, but Amazon has the next best thing.

  • Transform Any Kitchen With These Lights In 5 Mins

    Transform Any Kitchen With These Lights In 5 Mins

    This $50 lighting "hack" that transforms any kitchen into a beautiful space is sweeping the nation. (See Pics)

  • Apple Watch Series 3, Apple Watch Series 5 have never been cheaper
    Digital Trends

    Apple Watch Series 3, Apple Watch Series 5 have never been cheaper

    Both are down to their lowest-ever prices for Memorial Day

  • Best Memorial Day TV Deals: HDTVs, 4K TVs, and 8K TVs
    Digital Trends

    Best Memorial Day TV Deals: HDTVs, 4K TVs, and 8K TVs

    That's right — you don't have to wait until Memorial Day to take home a new television on the cheap.

  • Best Buy Memorial Day Sale 2020: All the best deals, all in one place
    Digital Trends

    Best Buy Memorial Day Sale 2020: All the best deals, all in one place

    The Best Buy Memorial Day Sale is now live, and we have links to each segment, along with our choices of the best deals on offer.

  • Bloomberg

    Tencent to Become Largest Shareholder in Japan’s Marvelous

    (Bloomberg) -- Tencent Holdings Ltd. is buying a 20% stake in Japan’s Marvelous Inc., giving the smaller company capital to develop its game franchises and bolstering the content Tencent itself can offer users.China’s biggest game company, through affiliate Image Frame Investment, will spend about 7 billion yen ($65 million) to buy stock in the company, the Japanese games maker said in a statement. Marvelous will sell 8.62 million new shares for 576 yen apiece, while shareholders Amuse Capital and Nakayama Hayao will sell 2.83 million and 708,600 shares respectively at the same price.Marvelous plans to use the money to build out its existing game franchises and launch new ones over the next three years. Its current titles include Story of Seasons and Deamon X Machina.Tencent has been one of China’s most aggressive overseas investors, backing everything from technology startups to coffee-and-donuts chain Tim Hortons Inc. Among game developers, Tencent has taken stakes in Epic Games Inc., the North Carolina-based company behind Fortnite, and South Korean studio Bluehole, which fostered PlayerUnknown’s Battlegrounds.“Tencent’s reason for the investment is probably to learn how to make console games from Japanese companies, one of the last frontiers for the Chinese tech company’s game business,” said Hideki Yasuda, an analyst at Ace Research Institute. “The investment will help Marvelous ride through the period of global economic uncertainty, and release more of its domestically-popular titles to the Western market.”Tencent and Marvelous have already been working together, with the Chinese company making a game with the Story of Seasons intellectual property. Marvelous said it decided to expand the relationship so it could invest more in its games, launch new initiatives and expand globally.Marvelous said it expects Covid-19 and fifth-generation wireless services will serve as catalysts to bring changes to the game industry. Gamers will demand more from each title, requiring companies to step up their efforts.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.?2020 Bloomberg L.P.

  • Most Computer Owners Don't Know This (Do It Today)

    Most Computer Owners Don't Know This (Do It Today)

    Computer owners across the United States are doing this today after discovering what many still don't know.

  • These are the best Microsoft Surface Memorial Day sales
    Digital Trends

    These are the best Microsoft Surface Memorial Day sales

    Looking for the best Windows 2-in-1? Here are the best Microsoft Surface Memorial Day sales we've seen so far.

  • These are the best Apple Memorial Day deals
    Digital Trends

    These are the best Apple Memorial Day deals

    We’ve scoured the web and compiled some of the best Apple Memorial Day sales that have surfaced so far.

  • Best Memorial Day Apple Watch Deals 2020: Series 3 and Series 5
    Digital Trends

    Best Memorial Day Apple Watch Deals 2020: Series 3 and Series 5

    Now is a great time to save on the Apple Watch Series 3 or Apple Watch Series 5 with prices as low as $179

  • Best Memorial Day iPad Deals: iPad 10.2, iPad Air, iPad Pro
    Digital Trends

    Best Memorial Day iPad Deals: iPad 10.2, iPad Air, iPad Pro

    Apple iPads have been getting a lot of great discounts so far this year, and Memorial Day 2020 will be no exception

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