Business

Netflix reports a first-quarter burst in subscriber growth

Netflix began the year with another burst in subscriber growth that eclipsed analysts' projections for the third consecutive quarter, providing further evidence the video streaming service has regained its momentum after ...

Business

Theranos founder Holmes heading for prison

Fallen US biotech star Elizabeth Holmes is to begin serving prison time this month after a judge denied her request to remain free while appealing her fraud conviction.

Business

TikTok dismisses calls for Chinese owners to sell stakes

TikTok was dismissive Wednesday of reports that the Biden administration was calling for its Chinese owners to sell their stakes in the popular video-sharing app, saying such a move wouldn't help protect national security.

Business

US closes Silicon Valley Bank in biggest collapse since 2008

US regulators pulled the plug on Silicon Valley Bank on Friday in a spectacular move that sent global banking shares sputtering, as markets fretted over possible contagion from America's biggest banking failure since the ...

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