Tencent Posts Steepest Profit Decline Since Going Public
Tencent Holdings Ltd. TCEHY -6.29% posted its worst quarterly profit drop since listing in Hong Kong in 2004, with its...
Computing
Baby Formula Shortage Could Last Months
Baby-formula manufacturers and retailers say they are working to address a long-running shortage in products on store shelves, but the...
Tech Industry Warns That More Remote-Work Jobs Are Headed Out of U.S.
WASHINGTON—Tech-industry representatives are coming to Capitol Hill this week to warn that the remote-work trend will lead to more offshoring...
Millions of Americans Are Turning to Therapy, and Investors See an Opportunity
Psychiatrists and psychologists once ran their own practices. Now the local therapist office could be controlled by a buyout king.Venture...
Nvidia Agrees to Pay $5.5 Million to Settle SEC Probe Over Cryptomining Disclosure
WASHINGTON—Nvidia has agreed to pay $5.5 million to settle a regulatory investigation that found it didn’t adequately reveal the impact...
Apple’s Not-So-Secret Plan to Take Another Gigantic Bite of the Microchip Market
Apple AAPL -3.66% has shown it can design the brains of its devices, and is now poised to do something...
Activision Blizzard CEO Bobby Kotick Could Walk Away With More Than $500 Million After Microsoft Deal
In a securities filing Friday, Activision said Mr. Kotick would receive $14.4 million in severance if he is terminated or...
Alphabet Earnings Show Slowing Sales Growth on Digital-Ad Tumult
Google parent Alphabet Inc. GOOG -3.04% posted slower sales growth as global economic turmoil disrupted digital advertising spending.The company said...
European Lawmakers Reach New Deal on Social Media Regulations
BRUSSELS—Europe is again raising the bar on tech regulation, preparing new standards for operations of social media and other digital...
Activision Blizzard Names Two Women to Its Board
Activision Blizzard Inc. ATVI -0.02% said it is moving to add two women to its board of directors, months after...
British Encryption Startup Arqit Overstates Its Prospects, Former Staff and Others Say
A U.K. cybersecurity startup rocketed to a multibillion-dollar valuation when it listed publicly last fall on the promise of making...
Meet the Twitter Army of Elon Musk Superfans
Elon Musk might have more than 82 million Twitter followers, but only a handful of those can consistently grab the...
The Pandemic Was Supposed to Push All Shopping Online. It Didn’t.
When millions of locked-down Americans went online during the Covid-19 pandemic, it looked like the possible start of a permanent...
Google Loses Upper Hand on App Payments in South Korea
SEOUL—Google can’t punish South Korean app developers for offering payment workarounds, a blow to the U.S. tech giant’s efforts to...
How Microsoft Became Washington’s Favorite Tech Giant
When a congressional committee was preparing to publicly interrogate the CEOs of four tech giants in 2020, Microsoft Corp. President...
Intel Gave CEO Pay Package Worth Nearly $180 Million Amid Turnaround Effort
Intel Corp. awarded Chief Executive Officer Pat Gelsinger compensation last year that could be worth nearly $180 million, tying much...
Judge Approves $18 Million Activision Settlement With EEOC
A California judge has approved an $18 million settlement between Activision Blizzard Inc. and the Equal Employment Opportunity Commission, marking...
HP Makes Bet on Hybrid Work With $1.7 Billion Deal
HP said the deal, expected to close by year-end, would help grow its hybrid-office offerings. Photo: Richard B. Levine/Zuma Press...
Chip Makers Stockpiled Key Materials Ahead of Russian Invasion of Ukraine
Production of vital raw materials for chip making is concentrated in Russia and Ukraine. The countries are a major source...
Activision CEO Bobby Kotick Steps Down From Coca-Cola Board
Coca-Cola Co. said Activision Blizzard Inc. Chief Executive Bobby Kotick won’t stand for re-election to its board of directors. “We...
