SoftBank’s Vision Fund Reports Another Loss of $1.7 Billion
SoftBank Group Corp.’s flagship Vision Fund reported another loss as valuations on some of its bets declined, even
2023-11-09 14:20
AI Will Cut Cost of Animated Films by 90%, Jeff Katzenberg Says
Artificial intelligence will lower the cost of creating blockbuster animated movies drastically, according to longtime industry executive Jeffrey
2023-11-09 13:51
Kenya’s Safaricom Reports 2.1% Rise in First-Half Profit
Safaricom Plc, Kenya’s biggest company by market value, reported higher profit in the first half even as a
2023-11-09 13:24
Hollywood Studios, Actors Tentatively Agree to New Contract
Hollywood studios and the union representing some 160,000 actors reached an agreement to end a strike that’s shut
2023-11-09 11:52
Bill Holdings Nears $1.95 Billion Payments Deal for Melio
Bill Holdings Inc. is in advanced talks to acquire Melio Payments, a provider of digital payment tools, people
2023-11-09 06:53
Arm Slides After Giving Tepid Forecast in Inaugural Report
Arm Holdings Plc, delivering the first earnings report since its initial public offering, gave a disappointing sales forecast
2023-11-09 05:46
PayPal Rival Adyen Tempers Growth Targets to Regain Confidence
Adyen NV provided a more moderate set of growth targets for the next three years as the Dutch
2023-11-09 02:46
HSBC To Launch Digital Assets Custody for Tokenized Securities
HSBC Holdings Plc plans to offer institutional clients a custody service for digital assets such as tokenized securities,
2023-11-08 17:45
Fuji Soft Nears Take-Private Deals for Four Listed Units, Sources Say
Fuji Soft Inc., a provider of software and information technology services for Japan’s government, banks and other companies,
2023-11-08 13:27
Google Reduced Revenue Share Payments to Verizon, Executive Says
Google cut the amount of money it paid to Verizon Communications Inc. to be the default search engine
2023-11-08 06:30
Robinhood Shares Fall on Revenue Miss After Crypto Volumes Tumble
Robinhood Markets Inc. shares fell in late trading after the online brokerage reported revenue that missed estimates as
2023-11-08 06:28
EBay Projects Holiday Revenue That Falls Short of Estimates
EBay Inc. issued a bleak revenue outlook for the busy holiday quarter, suggesting the company continues to struggle
2023-11-08 05:54