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
2023-05-16 09:25
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
2023-05-16 09:22
Argentina raises interest rate to 97% as it struggles to tackle inflation
The Central Bank of Argentina raised its key interest rate Monday by six percentage points to 97% in an effort to tackle soaring inflation that has reached 30-year highs.
2023-05-16 05:22
Microsoft’s $69 Billion Activision Deal Wins EU Approval
Microsoft Corp.’s $69 billion takeover of Activision Blizzard Inc. won European Union approval, just weeks after the UK’s
2023-05-15 22:58
Musk Loses Appeal of ‘Twitter Sitter’ Dispute With SEC Over Tesla Posts
A federal appeals court rejected Elon Musk’s challenge to his 2018 agreement with the the US Securities and
2023-05-15 22:17
Rakuten Dives 9% on Report of $2.2 Billion Share Sale Plan
Rakuten Group Inc. plunged its most in more than three years after Reuters reported the internet company was
2023-05-15 17:47
China Jails 78-Year-Old American for Life on Espionage Charges
China has sentenced a 78-year-old American passport holder to life in prison on spying charges, as the world’s
2023-05-15 12:53
SoftBank-Backed Unicorn Yanolja Buys Israeli Travel-Tech Company
South Korea’s largest trip-booking company Yanolja Co. is acquiring Israeli technology provider Go Global Travel to become one
2023-05-15 05:49
Posing as Islamists, Russian Hackers Take Aim at Sweden
Since February, a mysterious hacker group calling itself Anonymous Sudan has targeted dozens of Swedish airports, hospitals and
2023-05-14 14:48
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
2023-05-14 09:24
Ex-ByteDance Exec Claims Reporting Illegal Conduct Got Him Fired
ByteDance Inc.’s former head of engineering in the US said in a lawsuit he was fired for voicing
2023-05-13 08:48
Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a
2023-05-13 06:54