Alibaba shares rise 3% in premarket after Chinese tech giant posts 58% jump in profit
Alibaba Offices In BeijingBloomberg | Bloomberg | Getty ImagesChinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September ...
Tag: giant
DOJ sues UnitedHealth amid $3.3 billion bid to buy home care giant Amedisys
Man’s family awarded millions in lawsuit over Hennepin County jail death, and more headlines Man’s family awarded millions in lawsuit ...
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
"This transaction marks the beginning, as we look to support a broader range of commodities and industries," Tether CEO Paolo ...
Payments giant Adyen reports 21% jump in third-quarter sales
Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company's market ...
U.K. Pension Giant L&G Looks to Enter Crypto’s Tokenization Space
“We are evaluating ways to make the Legal & General Investment Management Liquidity funds available in tokenized format,” said Ed ...
Why WordPress founder Matt Mullenweg has gone ‘nuclear’ against tech investing giant Silver Lake
Automattic founder, Matt MullenwegSource: AutomatticMatt Mullenweg, who turned 40 in January, has now spent more than half his life working ...
Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims
Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg.ReutersBritish financial technology firm Revolut on Thursday criticized Facebook parent company ...
Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company
At an all-hands meeting on Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a ...
Spirits giant Diageo unveils the ‘world’s lightest whisky glass bottle,’ a step toward cost and energy savings for luxury liquor
Imagine your favorite high-end whisky, or any luxury liquor, for that matter. Its bottle is intricate, and shiny, but clunky. ...
Battery giant Northvolt to lay off staff in huge cost-cutting drive amid EV market slowdown
A Northvolt building in Sweden, photographed in February 2022.Mikael Sjoberg | Bloomberg | Getty ImagesNorthvolt, a key battery producer for ...
