Venture capital firm Kleiner Perkins Caufield & Byer is investing $20m into messaging app startup Snapchat, an investment that the Wall Street Journal claims values it at close to $10bn - according to...
The deal is expected to face regulatory challenges due to potential antitrust implications
The regulator is seeking comments on the impact of the deal on competition in the UK
The company is betting $28 billion on remote working
But the government's contact tracing app has a success rate of less than 1%
OneWeb's emergence from bankruptcy means buyout by the UK government and Bharti Global can go ahead.