Once worth $47 billion, WeWork shares near zero after bankruptcy warningThe SoftBank-backed company has been in turmoil ever since its plans to go public in 2019 imploded after investors recoiled at its hefty lo...
10 Aug, 2023, 09.11 AM IST
WeWork shares sink after warning of bankruptcy riskThe SoftBank-backed company, valued at just $446.8 million as of last close, has been in turmoil ever since it filed its IPO paperwork in 2...
09 Aug, 2023, 08.52 PM IST
BlackBerry to review strategic options for its businessBlackBerry, which was founded in 1984 and built pagers, said it has not set a timeline for the process and does not intend to disclose deve...
02 May, 2023, 12.04 PM IST
Amazon deepens healthcare push with $5 monthly subscription for US Prime membersThe programme, named RxPass, includes more than 50 medications addressing over 80 chronic conditions such as high blood pressure, anxiety, ...
24 Jan, 2023, 03.27 PM IST
Intel chairman Omar Ishrak steps downOmar Ishrak had stepped down and the chipmaker appointed board director Frank Yeary as his replacement.
24 Jan, 2023, 09.10 AM IST
Sony considers $5.8 billion smartphone sensor factory in Japan-mediaThe plant would be located in Kumamoto prefecture and Sony plans to bring it online in 2025 at the earliest, the report said. The news was ...
16 Dec, 2022, 01.13 PM IST
What is an 'everything app' and why does Elon Musk want to make one?The concept of an everything app, often referred to as a "super app," is massively popular in Asia and tech companies across the world have...
28 Oct, 2022, 10.13 PM IST
Accenture forecasts revenue below estimates on IT spending cut, higher dollarForeign exchange headwinds have intensified since Accenture's third-quarter results, with the U.S. dollar at a two-decade high against a ba...
22 Sep, 2022, 04.46 PM IST
Donald Trump stepped down as director of his media group last month, shows filingThe document from the Florida Department of State Division of Corporations, dated June 8, also showed that Donald Trump Jr and Kashyap Pate...
08 Jul, 2022, 08.10 AM IST
Pinterest CEO Ben Silbermann steps down, Google executive to take over in ecommerce pushBill Ready's appointment brings to an end Silbermann's 12-year tenure as CEO, which began when he co-founded the company in 2010. Pinterest...
29 Jun, 2022, 09.29 AM IST
Oracle revenue, profit top estimates on cloud boomOracle, which reported a currency headwind of 5% in the fourth quarter, up from 2% to 3% in the third quarter, said it expects substantial ...
14 Jun, 2022, 08.58 AM IST
All in a day: Mark Zuckerberg loses $29 billion, Jeff Bezos set to pocket $20 billionMark Zuckerberg's one-day wealth decline is among the biggest ever and comes after Tesla Inc top boss Elon Musk's $35 billion single-day pa...
04 Feb, 2022, 09.34 AM IST
Didi revenue falls as China's regulatory crackdown hits businessShares of Didi, which had soared in their IPO giving the company a valuation of $80 billion and marking the biggest U.S. listing by a Chine...
30 Dec, 2021, 01.05 PM IST
Twitter aims to make live audio feature 'Spaces' available globally by AprilTwitter's Spaces competes with Clubhouse, which is an invite-only audio-based social network startup that shot to fame after appearances fr...
12 Mar, 2021, 10.26 AM IST
Accenture forecasts upbeat full-year revenueShares of the company rose about 4% in light premarket trading.
17 Dec, 2020, 06.53 PM IST