Tag: business news

TikTok has officially launched its e-commerce service TikTok Shop in the US. Costfoto | Nurphoto | Getty ImagesConsumers are increasingly turning ...

China’s unfinished property projects are 20 times the size of Country Garden

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HANGZHOU, CHINA - NOVEMBER 15, 2023 - An aerial photo shows a new property under construction in Hangzhou City, Zhejiang ...

Microsoft preparing San Francisco offices for OpenAI employees, even as chaos lingers

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A pedestrian walks by a sign at a LinkedIn office on July 26, 2023 in San Francisco, California.Justin Sullivan | ...

Nvidia’s revenue triples as AI chip boom continues

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Nvidia shares moved down 1% in extended trading on Tuesday after the chipmaker reported fiscal third-quarter results that surpassed Wall ...

UBS boss Ermotti says ‘incredible’ bond demand is ‘a signal to the Swiss banking system’

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Sergio Ermotti, CEO of UBS gestures during a panel discussion at the Swiss-American Chamber of Commerce in Zurich, Switzerland January ...

Binance warned VIP customers about law enforcement investigations, Treasury says

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Binance's Co-founder and CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on November 1, 2022.Nurphoto | ...

Thanksgiving Day online sales jump as discounts motivate holiday shoppers

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Anastasiia Krivenok | Moment | Getty ImagesOnline spending on Thanksgiving Day jumped 5.5% compared to a year ago, according to ...

Binance CEO Changpeng Zhao pleads guilty to federal charges, steps down

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Binance chief Changpeng Zhao pleaded guilty Tuesday to criminal charges and stepped down as the company's CEO as part of ...

Citigroup begins layoffs as part of CEO Jane Fraser’s corporate overhaul

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Jane Fraser, CEO of Citigroup Inc., during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" at ...

Some OpenAI customers are thinking about switching to rivals amid chaos

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