
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
1970-01-01 08:00

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
1970-01-01 08:00

Twitter’s New CEO Says She’s ‘Excited’ to Transform Platform
Twitter’s new Chief Executive Officer Linda Yaccarino said she’s excited to transform the company and achieve owner Elon
1970-01-01 08:00

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
1970-01-01 08:00

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
1970-01-01 08:00

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
1970-01-01 08:00

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
1970-01-01 08:00

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,
1970-01-01 08:00

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
1970-01-01 08:00

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
1970-01-01 08:00

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
1970-01-01 08:00

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
1970-01-01 08:00