Business

Jack Ma living in Japan after China tech crackdown: FT

Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.

Business

S.Africa paves way for cryptocurrency regulation

South Africa's financial watchdog on Thursday declared cryptocurrency a financial product, paving way for the regulation of the assets in the continent's most advanced economy.

Business

Report: Amazon freezes hiring on corporate retail division

Amazon is implementing a hiring freeze on the corporate side of its retail business for the rest of the year, according to a New York Times report, becoming the latest company to pause hiring plans amid growing concerns about ...

Automotive

Review: 5 vehicles that are easy on the wallet

New cars are pricier than ever in today's economy. Inflation, low inventory and now rising interest rates have all taken a toll on prices. Last week, the Fed raised interest rates for the fourth time this year, compounding ...

Business

Twitter: Attrition up a bit, companywide layoffs not planned

Twitter is telling its employees that it's not planning any companywide layoffs, but there could be some restructuring and organization changes as it heads into a legal battle over the potential sale to Elon Musk.

Business

Alibaba and Tencent stocks plunge after latest fines

Shares of Chinese technology firms Alibaba and Tencent fell sharply on Monday, a day after Chinese regulators fined their subsidiaries for not disclosing transactions and failing to comply with anti-monopoly rules.

Automotive

High prices, low inventory, a new norm for car shoppers

Shopping for a new or used car over the last couple of years has become a more challenging endeavor. Because of the COVID-19 pandemic and its after-effects, we've had to deal with factory closures, supply chain issues, a ...

Business

As Musk buyout looms, Twitter searches for its soul

A toxic cesspool. A lifeline. A finger on the world's pulse. Twitter is all these things and more to its over 229 million users around the world—politicians, journalists, activists, celebrities, weirdos and normies, cat ...

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