Uber Posts First Operating Profit as Ridership Hits New Record
Uber Technologies Inc. reported its first-ever operating profit, fueled by demand for rides and delivery and marking a
2023-08-01 21:17
FTX Draft Bankruptcy Plan Calls for Cash Repayment, FTT Wipeout
FTX Group unveiled a draft creditor-repayment plan as part of its bankruptcy that calls for settling customer claims
2023-08-01 11:23
Tencent Becomes Market Laggard as China Traders Sell
Tencent Holdings Ltd. has fallen out of favor with mainland Chinese investors burned by volatility and sentiment-driven trading.
2023-08-01 10:55
China’s Home Sales Drop Most in a Year as Slowdown Worsens
China’s home sales tumbled the most in a year in July, underscoring why policy makers are seeking to
2023-08-01 09:22
Musk’s X Sign a Distraction for San Francisco Mayor Breed
A large, flashing “X” sign on San Francisco’s Market Street marked the end of Twitter and its bird
2023-08-01 05:45
Ripple Ruling on Crypto Rejected by Federal Judge in Terra Case
A federal judge in New York split with another judge who earlier this month ruled that a Ripple
2023-08-01 05:20
Crypto Exchange Curve Sees $1.5 Billion Removed After Hack
Cryptocurrency worth more than $1.5 billion has been removed — some stolen, some moved for safekeeping — from
2023-08-01 02:52
SoFi Surges Most in a Year After Boosting Revenue Forecast
SoFi Technologies Inc. shares rose the most in almost a year after the online bank raised its revenue
2023-08-01 01:54
Barry Silbert’s Digital Currency Group Names Mark Shifke as CFO
Digital Currency Group, the battered crypto conglomerate run by Barry Silbert, named financial services veteran Mark Shifke as
2023-08-01 01:30
Commerce Secretary Raimondo Plans August China Trip as Tensions Over Tech Controls Simmer
US Commerce Secretary Gina Raimondo is planning to visit China in late August, according to people familiar with
2023-08-01 00:58
China Stops Short of Direct Consumer Support to Spur Economy
China is seeking to boost consumption to spur the economy’s recovery, although the government has stopped short of
2023-07-31 12:24
Walmart Buys Tiger Global’s Flipkart Stake for $1.4 Billion
Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on
2023-07-31 10:56