Best Buy Posts Lower Sales on Supply-Chain Hit, Omicron Impact
Best Buy Co. ’s sales for the holiday quarter fell from a year earlier, as reduced store hours due to...
Computing
Intel CEO Sees Revenue Growth Gaining Pace Starting Next Year
Intel Corp. Chief Executive Pat Gelsinger set a goal for the company to reach double-digit revenue growth in three to...
Toshiba Looks to Split Two Ways Instead of Three
TOKYO— Toshiba Corp. TOSYY 0.92% revised its restructuring plan and said it wants to split into two parts instead of...
Cyberattack on News Corp, Believed Linked to China, Targeted Emails of Journalists, Others
News Corp was the target of a hack that accessed emails and documents of journalists and other employees, an incursion...
Teachers Are Quitting, and Companies Are Hot to Hire Them
Burned out teachers are leaving the classroom for jobs in the private sector, where talent-hungry companies are hiring them—and often...
Sony to Buy Videogame Maker Bungie in $3.6 Billion Deal
Sony Group Corp.’s SONY 4.51% videogame unit said Monday that it is buying videogame developer Bungie Inc., the studio that...
Citrix Systems to Go Private in Deal Valued at $16.5 Billion, Including Debt
Citrix Systems Inc. CTXS -3.81% will be taken private in an all-cash acquisition valued at $16.5 billion, including debt, making...
Elliott and Vista Near Deal to Buy Citrix Systems
Elliott Management Corp.’s private-equity arm, Evergreen Coast Capital, and Vista Equity Partners are near an agreement to pay $104 a...
Shopify Denies Allegations in Textbook Pirating Lawsuit
Shopify Inc. SHOP 6.92% denied that it is liable for alleged copyright and trademark infringement by online sellers using its...
AMD’s Planned Purchase of Xilinx Clears Last Big Regulatory Hurdle
TOKYO—Chinese authorities approved U.S. chip maker Advanced Micro Devices Inc.’s AMD -2.47% planned $35 billion purchase of Xilinx Inc., XLNX...
Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says
WASHINGTON—U.S. manufacturers and other companies that use semiconductors are down to less than five days of inventory for key chips,...
Microsoft Earnings Grew Last Quarter With Demand for Cloud Services
Microsoft Corp. MSFT -2.66% said its earnings continued to grow last quarter as its cloud-services business stayed strong.On Tuesday, the...
Sony’s Videogame Strategy Challenged by Microsoft’s Deal for Activision
TOKYO— Sony Group Corp. SONY -3.45% finds itself in a position many gamers could appreciate, having climbed to the highest...
Intel to Invest at Least $20 Billion in Ohio Chip-Making Facility
Intel Corp. INTC -2.95% plans to invest at least $20 billion in new chip-making capacity in Ohio, according to a...
Sony Shares Fall Sharply After News of Microsoft Deal for Activision Blizzard
Sony’s Jim Ryan in Las Vegas earlier this month. Photo: patrick t. fallon/Agence France-Presse/Getty Images Sony Group Corp.’s SONY -7.17%...
Microsoft to Buy Activision Blizzard in All-Cash Deal Valued at $68.7 Billion
The deal, if completed, would sharply expand Microsoft’s already sizable videogame operation, adding a stable of popular game franchises including...
Didi’s Revenue Falls After Beijing’s Crackdown Hurts Its China Business
Didi in early December said it is planning to delist from the U.S. and pursue a listing in Hong Kong....
Google and Tech Rivals Tap Cash Reserves to Realize Cloud Ambitions
Google and its rivals are wielding a new weapon in the battle for cloud-computing market share: big-dollar investments in companies...
Thanks to the Chip Shortage, Texas Instruments Is Worth $170 Billion
In the digital age, some of the most sought-after devices are analog semiconductors—including ones made by 91-year-old Texas Instruments Inc.,...
Oracle’s Larry Ellison Targets the Health Cloud With $28.3 Billion Bid for Cerner
Oracle Corp. ORCL -4.27% on Monday announced its largest deal ever, a roughly $28.3 billion purchase of electronic-medical-records company Cerner...
