Chinese technology giant Tencent Holdings reported a surge in second-quarter profit as a blockbuster game release led a turnaround in the key domestic gaming division.
Mars unveiled a nearly $30 billion deal for foodmaker Kellanova, a sign that big food companies are willing to pay up to increase their snacking portfolios.
Technology investors Insight Partners and Sixth Street Partners are pumping $456 million into cybersecurity company Kiteworks, betting that escalating risk and regulatory scrutiny will spur demand for data protection from businesses and government agencies.
