The announcement that SoftBank Group Corp was going to get shares in T-Mobile US valued at about $7.59 billion at no additional cost caused a 5% increase in the Japanese conglomerate's stock.   The conglomerate of Masayoshi Son announced late on Tuesday that it had instructed T-Mobile US to...

Following the administration of U.S. President Joe Biden's decision to not override a federal tribunal's decision to prohibit the importation of its watches due to a complaint by the medical monitoring technology business Masimo, Apple has launched an appeal.   Additionally, the internet...

Nike said it planned to reduce supplies of major product lines in order to control costs, sending its shares down 11%. The company also lowered its year sales projection, citing cautious consumer spending, a weaker online business, and increased promotions.   Over the next three years, the...

The stock of chipmaker Micron Technology surged 7% following its forecast of a robust reversal in the supply-demand balance for flash storage and memory in 2024.   The company reported quarterly results on Wednesday that were better than expected by the market and indicated that memory chip...

As a result of not being awarded a contract to construct a functional hyperloop, high-speed freight transport business Hyperloop One will close, according to a Thursday Bloomberg News story citing people with knowledge of the situation.   According to the source, the Los Angeles-based...

According to Canalys Research, 240 million personal computers (PCs) may be disposed of as a result of Microsoft Corp.'s decision to stop supporting the Windows 10 operating system, potentially contributing to landfill trash.   320,000 automobiles' worth of electrical garbage, or 480 million...

After a decade of turmoil and scandal that brought down one of Japan's largest companies and ushered in a takeover and an uncertain future, Toshiba was delisted on Wednesday after 74 years on the Tokyo exchange.   A group of investors led by private equity firm Japan Industrial Partners...

The largest manufacturer in Japan, Toyota Motor, announced on Wednesday that its Daihatsu division will stop shipping all of its cars after a safety scandal probe discovered problems with 64 models, nearly two dozen of which were sold under the Toyota name.   Daihatsu has been the subject of...

The governor of the Swiss central bank intended to nationalise Credit Suisse and infuse 50 billion Swiss francs ($57.6 billion) into the firm about six months before it was sold to competitor UBS in a weekend rescue, according to reports quoting people with firsthand knowledge of the...

As it handles a patent dispute over the technology that powers the blood oxygen feature on the devices, Apple has announced that it would be pausing sales of its Series 9 and Ultra 2 smartwatches in the United States starting this week.   The action follows an October order from the U.S....

Pop legend Cher, Swedish singer Robyn, and South Korean DJ Peggy Gou entertained a group of stars and models, including Jared Leto, Elle Fanning, and Irina Shayk, at the Silencio nightclub during Paris Fashion Week.   They were all dressed in glittering ensembles from H&M's most recent...