Top Chinese Smartphone Maker Exits Chip Design as Sector Reels
Oppo, China’s biggest domestic smartphone maker, is closing its chip design business as the global smartphone market extends
2023-05-12 12:56
Bitcoin Dips to Lowest Since March After Falling for a Second Straight Day
Bitcoin fell for a second day on Friday, at one point dropping to the lowest level in more
2023-05-12 11:58
Two Adani Group Firms Dropped From MSCI’s India Gauge
Global index manager MSCI Inc. will exclude two Adani Group firms from its India gauge, potentially dealing a
2023-05-12 09:26
Pakistan’s Abhi Issues First Sukuk Bond for a Fintech in Region
Pakistan’s financial platform Abhi has raised the first-ever Sukuk bond for a fintech firm in the region, opening
2023-05-12 08:53
SoftBank Stock Drops After Vision Fund Loses Money Again
SoftBank Group Corp. shares dropped after its Vision Fund investment arm lost money again in the latest quarter
2023-05-12 08:52
Elon Musk Says He’s Stepping Down as Twitter’s CEO
NBCUniversal executive Linda Yaccarino is in talks to become Twitter’s chief executive officer, the Wall Street Journal reported,
2023-05-12 08:26
10T Co-Founder Wants to Build New $200 Million Fund
There are still investors who want to put money into cryptocurrency startups, despite the recent wave of scandals
2023-05-12 06:29
Lyft Will Discontinue Pooled Rides
Lyft Inc. is officially discontinuing shared rides, the latest change the ride-hailing company’s new chief executive officer is
2023-05-12 02:17
JD’s CEO Exits After a Year at the Helm as Growth Dwindles
JD.com Inc.’s chief executive officer is departing after about a year at the post, a surprise move that
2023-05-11 20:27
Apple Partner Hon Hai’s Profit Misses Despite iPhone Rebound
Hon Hai Precision Industry Co. reported its third consecutive quarterly profit miss, after Apple Inc.’s main assembler succumbed
2023-05-11 16:57
SoftBank Vision Fund Loses $32 Billion on Weak Startup Values
SoftBank Group Corp.’s Vision Fund unit reported a record annual loss after a recent global stock market rebound
2023-05-11 14:23
Microsoft Freezes Salaries to Navigate Economic Uncertainty
Microsoft Corp. has decided to freeze pay for all full-time workers this year to help it navigate macroeconomic
2023-05-11 11:22