"Avengers: Infinity War" shattered box office records as it crossed the $1 billion in sales mark in just 11 days, reports CNN citing Disney, adding that the Marvel film "reached the milestone one day earlier than the previous record held by 2015's "Star Wars: The Force Awakens."
Why it matters: The movie hit the mark without sales from Chinese audiences, per CNN, as the movie opens in China (the second biggest film market globally) next week. "Infinity Wars" has surpassed the total sales of other comic book sensations including "Wonder Woman," "Batman v Superman: Dawn of Justice," "Guardians of the Galaxy," "X-Men: Days of Future Past" and "Justice League."
Cybersecurity company Carbon Black went public on Friday, raising $152 million in its IPO and closing its first day of trading up 26%.
Big picture: This was one of the first companies created on the thesis that traditional anti-virus software didn't work, but for a while it looked as if it had actually launched too early.
President Trump's new lawyer, Rudy Giuliani, issued a statement Friday clarifying his earlier remarks on Fox News, noting that his "references to timing [regarding Trump's reimbursing Michael Cohen for his $130,000 payment to Stormy Daniels] were not describing my understanding of the President’s knowledge, but instead, my understanding of these matters."
Why it matters: When Giuliani admitted that Trump personally repaid Cohen for the hush-money, he may have opened up other potential legal problems for the president. Trump said earlier on Friday that Giuliani is "a great guy," but he's still getting his "facts straight" about the payment: "He just started yesterday."
Walmart appears to have beaten out Amazon for a majority stake in Indian e-commerce giant Flipkart in a $15 billion deal that reportedly includes a $3 billion co-investment from Alphabet. Sellers would include SoftBank.
Why it matters: It would be a big loss for Amazon, which has invested heavily in India, and come within spitting distance of Flipkart's market share lead in the world's fastest-growing e-commerce market.
A high-level delegation of U.S. officials, led by Treasury Secretary Steven Mnuchin, is in Beijing for trade talks with the Chinese. And, per a document reviewedby multiple news outlets, Washington has laid out its demands.
One big ask: Cut the trade deficit by $200 billion by 2020. Last year, the deficit reached an all-time high of $375 billion.
