News Snapshot:
52 seconds ago GLOBAL FINANCE Yahoo! Finance 0 Print this Page (Bloomberg) -- Tencent Holdings Ltd. has offered to buy out and take private search engine Sogou Inc. in a $2.1 billion deal, adding to a slew of Chinese technology giants seeking to delist from U.S. bourses.Shares of the social media heavyweight climbed as much as 4.7% Tuesday, buoyed by speculation it will more closely integrate Sogou’s AI technology with its own services and devices to gain an edge on rivals like TikTok-owner ByteDance Ltd.Tencent has in past years come under pressure from ByteDance and other up-and-coming rivals in the...
