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 14:15
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 11:29
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 08:48
UBS Scrutinizes Credit Suisse’s Asia Loans in Risk Appraisal
UBS Group AG bankers assessing Credit Suisse Group AG’s business have flagged concerns about some portfolios of loans
2023-05-11 08:26
Bitcoin Miner Marathon Receives Another Subpoena from SEC
Bitcoin miner Marathon Digital Holdings said it received another subpoena from the US Securities and Exchange Commission related
2023-05-11 06:15
Apple Executive in Charge of TV+ and Sports Businesses to Depart
Apple Inc.’s top executive in charge of its video and sports businesses is departing, according to people familiar
2023-05-11 01:47
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
2023-05-10 21:59
Xi’s Latest Crackdown Snares Experts Hired by Hedge Funds, CEOs
Xi Jinping’s crackdown on perceived threats to national security is roiling the vast industry of consultants and researchers
2023-05-10 11:28
Adnoc to Sell 15% Stake in Logistics Unit in Abu Dhabi IPO
Abu Dhabi’s main energy company will sell a 15% stake in its logistics and shipping unit in an
2023-05-10 10:50
Briton Admits to Twitter Hack That Hijacked Celebrity Accounts
A British man has admitted to his involvement in one of the most high-profile social media hacks, a
2023-05-10 09:57
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 08:55
China’s Shift Away From Big Four Auditors Has EY Most Exposed
Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to
2023-05-10 07:23