650 employees at Xbox’s games unit will be let go in Microsoft’s third round of layoffs this year, Bloomberg reported first. The cuts arrive following the...
(Bloomberg) — Stock markets are likely to trade sideways until US employment data show clear signs of either weakening or strengthening, according to Bank of America...
Microsoft is laying off 650 employees in its Xbox games division, Bloomberg reported. The job cuts mostly affect workers in corporate and support functions, the report...
(Bloomberg) — An unexpected shutdown at one of China’s biggest lithium mines has left the industry scrambling to judge if the move will be enough to...
(Bloomberg) — For the first time in two decades, China no longer looks like the engine driving global crude demand, which is uncharted waters for many...
OpenAI is reportedly raising money at a $150 billion valuation — more than the market capitalization of over 88% of Fortune 500 firms, including Goldman Sachs,...
(Bloomberg) — Television shopping channel QVC Inc. launched exchange offers for its notes due 2027 and 2028 to push out maturities and take advantage of the...
(Bloomberg) — Sony Group Corp. priced a faster version of the PlayStation 5 well above its rival Xbox at $700, suggesting the entertainment giant sees a...
(Bloomberg) — From the outside, Apple Inc.’s latest iPhones aren’t strikingly different than last year’s models — other than a small button nestled into the lower...
The report’s predictions are based on an individual’s average annual wealth growth rate. If Musk’s wealth continues to grow at an annual rate of 110%, the...
Lee Thiam Wah started selling snacks at a roadside stall. Now, he’s Asia’s latest entrepreneur to reach billionaire status. He founded the convenience store chain 99...
(Bloomberg) — European and US equity markets were poised for a modest recovery Monday, after a selloff triggered by cooling US jobs data that also sent...