![Top Chinese Smartphone Maker Exits Chip Design as Sector Reels](/i/c/d7b9be6e-aa0c-a33e-ee7a-f346a6b179ca.webp)
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 12:56
![Bitcoin Dips to Lowest Since March After Falling for a Second Straight Day](/i/c/4fb5b877-3984-77a8-568d-ad61a7bd7980.webp)
Bitcoin Dips to Lowest Since March After Falling for a Second Straight Day
Bitcoin fell for a second day on Friday, at one point dropping to the lowest level in more
2023-05-12 11:58
![Two Adani Group Firms Dropped From MSCI’s India Gauge](/i/c/c003b49e-6d63-58b6-6d41-066da00eb359.webp)
Two Adani Group Firms Dropped From MSCI’s India Gauge
Global index manager MSCI Inc. will exclude two Adani Group firms from its India gauge, potentially dealing a
2023-05-12 09:26
![Pakistan’s Abhi Issues First Sukuk Bond for a Fintech in Region](/i/c/90521bb0-1c99-ce03-983d-6153c0dc6a6e.webp)
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 08:53
![SoftBank Stock Drops After Vision Fund Loses Money Again](/i/c/fea32369-801d-65fe-c099-4f57a6a67856.webp)
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 08:52
![Elon Musk Says He’s Stepping Down as Twitter’s CEO](/i/c/b3895ec9-007f-4804-eb99-c2dc3c5c9efb.webp)
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 08:26
![10T Co-Founder Wants to Build New $200 Million Fund](/i/c/afdf8ac2-4fc8-082b-259e-ae243e4ac89b.webp)
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 06:29
![Lyft Will Discontinue Pooled Rides](/i/c/5e835565-e130-8ada-b78d-e91000f6d9c9.webp)
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 02:17
![JD’s CEO Exits After a Year at the Helm as Growth Dwindles](/i/c/bef865dd-f94a-db09-08ad-a4704e487fee.webp)
JD’s CEO Exits After a Year at the Helm as Growth Dwindles
JD.com Inc.’s chief executive officer is departing after about a year at the post, a surprise move that
2023-05-11 20:27
![Apple Partner Hon Hai’s Profit Misses Despite iPhone Rebound](/i/c/e734a0c7-e3f3-c676-c143-a889a43cb7ea.webp)
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 16:57
![SoftBank Vision Fund Loses $32 Billion on Weak Startup Values](/i/c/16ea2b1c-2a8e-fb85-46a1-3ffde97e7bb8.webp)
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 14:23
![Microsoft Freezes Salaries to Navigate Economic Uncertainty](/i/c/29195dfd-e949-ca5c-253f-d514bbf3721d.webp)
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 11:22