GoTo Gives CEO Five Years More to Get Car-Hailing Firm to Profit
(Bloomberg) -- GoTo Group said Patrick Walujo will run the company for about five more years, giving the chief executive ...
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Nvidia-Partner Hon Hai’s Shares Climb After AI Spurs Sales Beat
(Bloomberg) -- Hon Hai Precision Industry Co. reported faster-than-expected 15% revenue growth after the server assembly partner to Nvidia Corp. ...
Read moreDetailsMicrosoft to Spend $80 Billion on AI Data Centers This Year
(Bloomberg) -- Microsoft Corp. plans to spend $80 billion this fiscal year building out data centers, underscoring the intense capital ...
Read moreDetailsFarming Startup Plenty in Talks for More Than 90% Valuation Cut
(Bloomberg) -- Plenty Unlimited Inc., a pioneer of vertical farming that’s drawn backing from billionaires including Jeff Bezos, is in ...
Read moreDetailsChipmaker Imagination’s Owners Tap Lazard to Search for Buyer
(Bloomberg) -- Canyon Bridge Capital Partners has hired Lazard Inc. to seek a buyer for chip designer Imagination Technologies, according ...
Read moreDetailsAlibaba’s Been Cramming in the Deals Over the Holiday Season
(Bloomberg) -- While many consumers load up on goods in the holidays, Alibaba Group Holding Ltd. has been busy selling ...
Read moreDetailsChinese AI Firm SenseTime Cuts Back on Singapore Office Space
(Bloomberg) -- SenseTime Group Inc. is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time it’s ...
Read moreDetailsComputers of Senior US Treasury Leaders Accessed in Latest Hack
(Bloomberg) — Chinese state-sponsored hackers broke into the computers of senior US Treasury Department leaders as part of a recent ...
Read moreDetailsMeta’s Clegg to Exit; Kaplan Promoted to Global Affairs Chief
(Bloomberg) -- Meta Platforms Inc. said Nick Clegg will step down as the social media company’s president of global affairs. ...
Read moreDetailsTesla’s Annual EV Sales Drop for First Time in Over a Decade
(Bloomberg) -- Tesla Inc.’s annual vehicle sales dropped for the first time in more than a decade despite a year-end ...
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