SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft, Apple
SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about...
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SoftBank Group announces new $108 billion Vision Fund aimed at AI
SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in AI technology, saying it has secured memoranda of understandings (MOUs) for about...
China suspects FedEx broke law by declining Huawei shipments: media
Chinese authorities suspect U.S. package delivery company FedEx Corp violated the law by not making shipments of goods from the tech company Huawei to their recipients,...
In Roundup case, U.S. judge cuts $2 billion verdict against Bayer to $86 million
A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG's glyphosate-based weed killer Roundup for...
Amazon's push for one-day delivery dents profits, costs up 21%
Amazon.com Inc on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps...
Starbucks raises profit view on U.S., China demand; shares near record
Starbucks Corp raised its annual earnings forecast after quarterly same-store sales exceeded Wall Street estimates on Thursday, as the world's largest coffee chain saw robust demand...
U.S. DOJ in talks with states to win support for T-Mobile, Sprint merger: WSJ
The U.S. Justice Department is negotiating with state officials to get them to support a planned settlement that would allow T-Mobile US Inc and Sprint Corp...
U.S. to pay farmers up to $16 billion for trade war losses, South to benefit
The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16...
Starbucks traffic surges, posts best sales growth in three years
Starbucks Corp attracted more customers in the latest quarter on an expanded line up of beverages and food offerings in the United States and China, leading...
Alphabet shares soar on new details into YouTube, cloud growth
Alphabet Inc shares rose 9% after the company reported quarterly results that eased investors' concerns about the growth challenges facing its Google advertising business.
'Toy Story 4', Barbie star in Mattel's surprise revenue rise
Mattel Inc saw a big boost in demand for its action figures after the worldwide success of the latest "Toy Story" movie while a Barbie makeover...
Intel says customers stockpiling chips on U.S.-China tension, raises forecast
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and...
Philip Morris launches first Africa store to spark alternative cigarettes demand
The South African unit of cigarette maker Philip Morris International Inc opened its first flagship store in Johannesburg on Thursday, as it tries to grow demand...
U.S. attorney general, state officials discuss big tech firms' effect on competition
Eight state attorneys general met with U.S. Attorney General William Barr on Thursday to discuss the effect of big tech companies on competition, and various antitrust...
Intel says customers stockpiling chips on U.S.-China tension, hikes forecast
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and...