Business

SoftBank to sell $21 billion in T-Mobile shares

Japanese tech investment behemoth SoftBank Group said Tuesday it will sell T-Mobile shares worth over $21 billion as it sheds assets to shore up its financial health.

Business

Oracle shares slump on earnings hit by pandemic

Oracle shares fell Tuesday after the business software company reported its earnings took a hit from the pandemic's toll on hotels, shops and other enterprises that rely on its cloud computing offerings.

Business

SoftBank Group reports record losses as Ma quits board

Struggling Japanese conglomerate SoftBank Group on Monday reported record losses, as the coronavirus pandemic compounded woes caused by its investment in troubled office-sharing start-up WeWork.

Business

Google restricts visits to curb coronavirus risk

Google on Monday began restricting visits to its offices in Silicon Valley, San Francisco and New York as it ramped up precautions against the deadly novel coronavirus.

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