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
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
Apple Is Now the Only Major Phone Brand Without a Foldable Model
Apple Inc. is now alone among global smartphone brands without a foldable device in its portfolio, putting it
2023-05-11 08:45
Tencent, TSMC Shares Shunned by $3.2 Billion Fund on Valuations
A $3.2 billion fund focused on Asian equities is avoiding the region’s two biggest stocks, saying their valuations
2023-05-10 12:53
India Renews Call for Chipmakers as Billionaire’s Effort Drags
India is set to revive its effort to lure prospective chipmakers into the country as projects already disclosed,
2023-05-10 08:59
China Arrests ChatGPT User Who Faked Deadly Train Crash Story
Chinese authorities have detained a man for using ChatGPT to write fake news articles, in what appears to
2023-05-09 17:54
Nintendo Warns Switch Console Sales to Slow Further This Year
Nintendo Co. expects to sell 15 million units of its Switch console this fiscal year, showing the extent
2023-05-09 14:54
Palantir Gains After Posting Rosy Forecast, Touting Demand for AI Tools
Palantir Technologies Inc. rallied 20% in late trading after giving a strong earnings forecast and saying that demand
2023-05-09 08:47
Sea Raises Pay 5% in Sign of Tech’s Recovery From Epic Crash
Sea Ltd.’s billionaire founder declared a 5% pay increase for most employees starting July, sending a strong signal
2023-05-09 00:58