Sea Slumps as Profit Miss Suggests Turnaround Still Fragile
Sea Ltd. had its worst day in more than a year after earnings missed estimates and gaming revenue
2023-05-17 10:19
OpenAI, IBM Urge Senate to Act on AI Regulation After Past Tech Failures
Executives from two major AI companies asked senators on Tuesday to pass regulations for the ground-breaking but nascent
2023-05-17 00:21
Microsoft-Activision Gets Sliver of Hope as EU Defies UK
Microsoft Corp.’s $69 billion takeover bid for games developer Activision Blizzard Inc. came back from the brink after
2023-05-16 16:58
Rakuten to Issue New Shares to Raise Up to $2.2 Billion, Sources Say
Rakuten Group Inc. plans to issue new shares to raise as much as ¥300 billion ($2.2 billion) to
2023-05-16 13:21
Alibaba Vows ‘Historic’ Investment in Taobao and Content
Alibaba Group Holding Ltd.’s e-commerce division will make “huge” investments in its Taobao shopping app, as the newly
2023-05-16 09:25
Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it
2023-05-16 09:22
Microsoft’s $69 Billion Activision Deal Wins EU Approval
Microsoft Corp.’s $69 billion takeover of Activision Blizzard Inc. won European Union approval, just weeks after the UK’s
2023-05-15 22:58
Musk Loses Appeal of ‘Twitter Sitter’ Dispute With SEC Over Tesla Posts
A federal appeals court rejected Elon Musk’s challenge to his 2018 agreement with the the US Securities and
2023-05-15 22:17
Rakuten Dives 9% on Report of $2.2 Billion Share Sale Plan
Rakuten Group Inc. plunged its most in more than three years after Reuters reported the internet company was
2023-05-15 17:47
China Jails 78-Year-Old American for Life on Espionage Charges
China has sentenced a 78-year-old American passport holder to life in prison on spying charges, as the world’s
2023-05-15 12:53
SoftBank-Backed Unicorn Yanolja Buys Israeli Travel-Tech Company
South Korea’s largest trip-booking company Yanolja Co. is acquiring Israeli technology provider Go Global Travel to become one
2023-05-15 05:49
Posing as Islamists, Russian Hackers Take Aim at Sweden
Since February, a mysterious hacker group calling itself Anonymous Sudan has targeted dozens of Swedish airports, hospitals and
2023-05-14 14:48