By Hannah Lang (Reuters) -Crypto asset manager Grayscale Investments is gearing up for a prolonged legal fight with the U.S.…
UK competition watchdog probes $61 billion Broadcom-VMware deal
(Reuters) – Britain’s competition regulator said on Wednesday it had started the first phase of an investigation into U.S. chipmaker…
DCG’s crypto exchange Luno to cut 35% jobs amid harsh crypto winter
(Reuters) – Digital Currency Group-owned Luno said on Wednesday it would cut 35% of its total workforce, the latest in…
Tesla plans $3.6 billion Nevada expansion to make Semi truck, battery cells
(Reuters) -Tesla Inc said on Tuesday it would invest more than $3.6 billion to expand its Nevada Gigafactory complex with…
AT&T forecasts annual profit below estimates
(Reuters) – AT&T Inc forecast annual profit below Wall Street expectations on Wednesday, joining rival Verizon in bracing for a…
U.S. business equipment borrowings grow 9% in December – ELFA
(This Jan. 24 story has been corrected to say cumulative borrowings were up, not borrowings, in the second paragraph) (Reuters)…
ASML beats earnings forecasts, sees 2023 growth amid China worries
By Toby Sterling VELDHOVEN, Netherlands (Reuters) -ASML Holding NV, Europe’s largest technology company, beat fourth-quarter earnings forecasts on Wednesday and…
Microsoft’s cloud business keeps profits flowing in tougher times
By Yuvraj Malik, Jane Lanhee Lee and Jeffrey Dastin (Reuters) -Microsoft Corp posted results on Tuesday that showed some strength…
Ad spending on Twitter falls by over 70% in Dec – data
(Reuters) – Advertising spend on Twitter Inc dropped by 71% in December, data from an advertising research firm showed, as…
Nidec shares slide 7% after profit forecast cut
TOKYO (Reuters) – Shares in Japan’s Nidec Corp slumped as much as 7% on Wednesday morning in Tokyo after the…