Xiaomi Surges Most in Year After Setting Up Showdown With Tesla
Xiaomi Corp.’s shares had their biggest intraday jump in more than a year after the company announced it will start…
Reddit Launches Long-Awaited IPO With $748 Million Target
Reddit Inc. disclosed further details of what is set to be one of the year’s biggest initial public offerings, with…
Oracle Jumps After Big Cloud Contracts Spur Bookings
Oracle Corp. surged 13% after reporting a spike in bookings attributed to its closely watched cloud computing business, showing progress…
Oil Extends Drop: Investors Anticipate US Inflation Print
Oil pushed lower ahead of US inflation data and reports from OPEC and the IEA this week that may provide…
Volkswagen Exits Aussie Auto Lobby Over Green Standards
Volkswagen Australia said on Monday it had quit the policymaking committee at the country’s auto lobby, days after Tesla cut…
EU Commission Breached Privacy Rules with Microsoft Software
The European Commission’s use of Microsoft software breached EU privacy rules and the bloc’s executive also failed to implement adequate…
Chinese Engineer Accused of Stealing Google’s AI Secrets
A former Google engineer has been accused of stealing trade secrets from the tech giant’s artificial intelligence (AI) division and…
Huawei Chip Breakthrough: Leveraging Tech from Two US Gear Suppliers
Huawei Technologies Co. and its partner Semiconductor Manufacturing International Corp. relied on US technology to produce an advanced chip in…
Elon Musk’s Tesla & SpaceX Bitcoin Holdings: $1.3B with Over Half a Million Profit
According to on-chain intelligence platform Arkham, blockchain investigators claim to have uncovered the Bitcoin wallets of Elon Musk’s companies, Tesla…
Etihad Reports Profits for 2022 and 2023, CEO Hints at Potential IPO
Abu Dhabi’s Etihad Airways has returned to profit and is improving its transparency, governance and balance sheet to be ready…