Larry Ellison Defeats Conflict Claim on Oracle-NetSuite Deal
Oracle Corp. founder Larry Ellison won a pension fund lawsuit over the company’s 2016 acquisition of rival software
2023-05-13 02:16
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 12:57
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 08:58
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 08:55
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 08:18
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 16:45
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
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 12:47
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 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 17:53