Edition:
India

Deals

Reddit to buy TikTok rival Dubsmash

Social network firm Reddit said https://redditblog.com/2020/12/13/reddit-welcomes-video-platform-dubsmash-to-team on Sunday it would buy short-video platform Dubsmash, becoming the latest company to expand in a space dominated by Chinese-owned TikTok.

U.S.-based MSP Sports Capital buys into McLaren F1

U.S.-based investment group MSP Sports Capital is taking a significant minority stake in McLaren Racing in a deal the Formula One team said would give them the tools to return to the top of the sport.