Business
US federal prosecutors are seeking a 15-year jail term for Theranos founder Elizabeth Holmes and want her to pay more than $800 million to investors defrauded by her blood-testing startup, according to a court filing.
Nov 12, 2022
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Business
Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fried has resigned, it said Friday, the latest blow in a saga that has reverberated across the digital currency ...
Nov 11, 2022
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Business
The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and analysts bracing for a further ...
Nov 10, 2022
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Business
Facebook parent Meta plans to begin large-scale layoffs this week in what could be the company's most significant head-count reductions in its history, according to reports.
Nov 8, 2022
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Business
Shares of Uber rocketed higher Tuesday after it reported a surge in quarterly revenue and described consumer demand as remaining robust.
Nov 1, 2022
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Business
Microsoft on Tuesday reported a 14% drop in profit for the July-September quarter compared to the same time last year, reflecting a weak market for personal computers affecting its Windows business.
Oct 25, 2022
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Business
Elon Musk sees Tesla Inc. becoming bigger than the combined valuation of Apple Inc. and Saudi Aramco one day. Wall Street is saying, not so fast.
Oct 20, 2022
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Business
The former head of Nikola, a start-up making electric- and hydrogen-powered trucks, was found guilty of fraud on Friday for misleading investors about his company's alleged progress and capabilities in order to raise more ...
Oct 15, 2022
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Business
In September, the Wall Street Journal reported that Instagram is faltering in its bid to keep up with TikTok, the wildly popular Chinese-owned video-sharing app.
Sep 26, 2022
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Business
With the launch of cheaper, ad-supported subscriptions, Netflix and Disney+ are expected to bite into the revenue of traditional television channels as the streaming services look toward continued expansion.
Sep 26, 2022
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