Music Streaming Has a $2 Billion Fraud Problem That Goes Beyond AI
Staring at his computer screen, Kristoffer Rom couldn’t believe the numbers rolling in from Spotify. A year and
2023-05-12 19:28
Tesla Recalls 1.1 Million Cars in China Over Braking Defect
Tesla Inc. will need to fix almost every car it’s ever sold in China due to an issue
2023-05-12 15:59
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
Hong Kong’s Gaw Eyes More Japan Property Deals on TSMC Push
Hong Kong-based private equity firm Gaw Capital Partners is exploring real estate deals in Japan’s western island of
2023-05-12 12:17
Masayoshi Son Now Owes SoftBank $5.2 Billion on Side Deals
Masayoshi Son is now personally on the hook for about $5.2 billion on side deals he set up
2023-05-12 11:20
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
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
10T Co-Founder Wants to Build New $200 Million Fund
There are still investors who want to put money into cryptocurrency startups, despite the recent wave of scandals
2023-05-12 06:25
Lyft Will Discontinue Pooled Rides
Lyft Inc. is officially discontinuing shared rides, the latest change the ride-hailing company’s new chief executive officer is
2023-05-12 02:23
Tim Scott Hires Staff for His 2024 Republican Nomination Bid
Tim Scott is laying the groundwork for his upcoming 2024 presidential run, hiring two well-known Republican political consulting
2023-05-12 01:51
TV Azteca Cites Mexico Court Ruling to Skip Quarterly Filing
A Mexican court ordered TV Azteca SAB de CV, owned by Mexican billionaire Ricardo Salinas Pliego, not to
2023-05-11 22:23
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