Meta Strikes Deal to Return to China After 14 Years
Chinese videogame maker Tencent agrees to start selling a new lower-cost headset from Meta late next year.
Microsoft Temporarily Blocked Internal Access to ChatGPT, Citing Data Concerns
The company later restored access to the chatbot, which is owned by OpenAI.
SoftBank Group Shares Slump After Second-Quarter Net Loss
SoftBank Group shares fell sharply after the Japanese technology and investment company posted a net loss due to weak tech investment results.
SMIC Shares Fall After Sharp Profit Drop, Margin Squeeze
Semiconductor Manufacturing International Corp.’s shares fell after the chip maker posted declining profits and margins amid sluggish demand.
Ransomware attack against ICBC disrupts U.S. Treasury market: reports
The U.S. arm of the Industrial and Commercial Bank of China was hit by a ransomware attack, reportedly causing disruptions to the U.S. Treasury market.
Netflix, Warner’s Max Team Up With Verizon to Offer Discounted Streaming Bundle
Verizon will offer ad tiers of both services for about $10 a month combined-instead of $17.
Celsius Network, One of Crypto’s Biggest Collapses, Ends Bankruptcy Case
A bankruptcy judge allowed the onetime crypto lender to return some of its customers’ deposits while forming a new company focused on mining and staking.
Coach Saves Tapestry From Unraveling
A winning streak for the Coach brand bolsters the parent company ahead of the Michael Kors acquisition.
Warren Buffett reportedly traded stocks that Berkshire Hathaway was trading
Buffett has said he ‘can’t be buying’ the same stocks as his company Berkshire Hathaway, but a new report calls that into question
Nvidia’s Seeking a Way Around Limits on AI Exports to China.
Nvidia is reported to be lining up three new chips for the Chinese market as it looks to satisfy U.S. regulations on the export of technology to China.
Source: Dow Jones Newswires