Bloomberg OVH Groupe SAS kicked off an initial public offering in Paris, looking to raise as much as $469 million that will give the cloud-storage provider funding to finance its competition with Amazon.com Inc. and accelerate its international expansion. Existing holders will also sell shares in the IPO, the company said in a statement on Monday. OVHcloud was valued at ...

Bloomberg Facebook Inc pushed back on reports that the company was aware of the negative impact of its products, claiming that the allegations don’t tell the whole picture. The issues of content moderation, mental health risks and misinformation are complex and defy simple policy solutions, according to a statement from Nick Clegg, Facebook’s head of global affairs. He said the ...

Bloomberg Emerging-market bond sales are springing back to life before this week’s Federal Reserve meeting, as renewed speculation over imminent tapering prompts borrowers to raise money while it’s still cheap. The past week shattered a summer lull for dollar- and euro-denominated debt, bringing $36 billion of issuance from governments and companies after the previous 10 weeks saw only $90 billion ...