Alibaba, Tencent E-Commerce Sites Tagged by U.S. for Counterfeit Sales
Both were on the “notorious markets’’ list of entities that allegedly sell or facilitate the sale of counterfeit goods. Source...
Technology
WSJ News Exclusive | Intel Nears Roughly $6 Billion Deal to Buy Tower Semiconductor
Intel Corp. is close to a deal to buy Israeli chip company Tower Semiconductor Ltd. for nearly $6 billion, according...
The 2022 Super Bowl Ads Return to Travel, Familiar Faces and New Tech
The second Super Bowl of the Covid-19 pandemic on Sunday featured a variety of first-time advertisers, including a slew of...
The Technology That’s Helping Companies Thrive Amid the Supply-Chain Chaos
Bad news abounds about supply chains these days, with shortages of everything from cars to coffee cups. The better news:...
Tesla Sued by California Agency for Alleged Racial Discrimination, Harassment
A California regulatory agency has sued Tesla Inc. for alleged racial discrimination and harassment, saying the electric-vehicle maker turned a...
Disney’s Earnings Show Rebound in Disney+, Parks Businesses
Walt Disney Co. DIS 3.33% regained momentum in subscription growth for its flagship Disney DIS 3.33% + streaming service and...
Samsung Unveils New Galaxy S22 Smartphones and Keeps Old Prices
SEOUL—The world’s largest smartphone maker is answering a year of rising inflation and increasing component costs with a tactical move:...
Justice Department Says It Seized $3.6 Billion Worth of Bitcoin Stolen in 2016 Hack
WASHINGTON—The Justice Department said Tuesday it seized over $3.6 billion worth of digital currency stolen during a hack of a...
KKR Earnings Fall While Cash Available to Shareholders Hits New Heights
KKR & Co.’s fourth-quarter earnings fell as the change in the value of its investments lagged behind the broader market,...
WSJ News Exclusive | Peloton CEO John Foley to Step Down, Become Executive Chair
Peloton Interactive Inc. PTON 20.93% plans to replace its chief executive, cut costs and overhaul its board after a slowdown...
Peter Thiel to Step Down From Facebook Parent Meta’s Board
Peter Thiel, one of Facebook’s earliest investors and its longest-serving outside board member, is planning to step down from his...
SEC Subpoenas Tesla Seeking Information Linked to Elon Musk Settlement
A Tesla dealership in Colma, Calif. Photo: David Paul Morris/Bloomberg News Updated Feb. 7, 2022 10:53 am ET The Securities...
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...
Amazon Profits Show Resilience Even as Labor, Supply Crunch Weigh on Results
Amazon.com Inc. AMZN -7.81% said profits nearly doubled in the critical holiday period, as the company managed to control labor...
Facebook’s Shares Plunge After Profit Decline
Facebook parent Meta Platforms Inc. posted rising revenues but a modest decline in profit as it increased spending to execute...
Google Parent Caps Blockbuster Year With Sales Gains
Google parent Alphabet Inc. GOOG 1.61% posted another quarter of strong sales growth, capping a year when profit nearly doubled...
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...
