Silicon Valley Lurches Between Deep Cuts and Bold Spending
Startups are getting mixed signals as concerns about stock market volatility and the prospect of a recession clash with record...
Technology
What CEOs Are Saying: ‘Situation Seems Worse Than It Did a Quarter Ago’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about the economy,...
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...
The Microchip Era Is Giving Way to the Megachip Age
If microchips were cities, the new, industrywide strategy for making them better could be summed up in one word: sprawl....
WSJ News Exclusive | Jack Ma Plans to Cede Control of Ant Group
HONG KONG—Billionaire Jack Ma plans to relinquish control of Ant Group Co., people familiar with the matter said, part of...
Mark Zuckerberg’s Bid to Reinvent Facebook Parent Meta Hits Early Snags
Meta on Thursday walked back some new Instagram features central to the revamp that had drawn swift user backlash. The...
Facebook Parent Meta Platforms Reports First Ever Revenue Drop
The company reported quarterly revenue of $28.8 billion, down almost 1% from a year earlier and slightly below the $28.9...
WSJ News Exclusive | Activist Elliott Management Holds Stake in PayPal
Activist investor Elliott Management Corp. has a stake in PayPal PYPL -5.65% Holdings Inc., according to people familiar with the...
Alibaba to Pursue Primary Listing in Hong Kong
HONG KONG—Alibaba Group Holding Ltd. will pursue a primary listing of its stock in Hong Kong, hedging its bets as...
WSJ News Exclusive | Redwood Materials Plans $3.5 Billion Battery-Materials Plant in Nevada
The company run by Tesla Inc.’s former chief technology officer plans to spend $3.5 billion on a battery-materials factory in...
WSJ News Exclusive | Elon Musk’s Friendship With Sergey Brin Ruptured by Alleged Affair
Elon Musk engaged in a brief affair last fall with the wife of Sergey Brin, prompting the Google co-founder to...
China Chases Chip-Factory Dominance—and Global Clout
China is leading the world in building new chip factories, a step toward achieving more self-sufficiency in semiconductors that could...
Tesla Is Set for Settlement Talks Over Musk Tweets About Taking Company Private
Tesla Inc. TSLA 0.20% is scheduled for court-ordered settlement talks in a shareholder lawsuit over Chief Executive Officer Elon Musk’s...
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week,...
Bed Bath & Beyond Followed a Winning Playbook—and Lost
Mark Tritton arrived at Bed Bath & Beyond Inc. BBBY -12.05% in 2019 with a plan to revive the home-goods...
How to Build AI That Actually Works for Your Business
Artificial intelligence might one day be used to power genuinely humanlike cyborgs or other figments of humanity’s fertile imagination. For...
Samsung Floats Nearly $200 Billion Spend on New Texas Chip Plants in Next Decades
SEOUL— Samsung Electronics Co. has floated the prospect of investing nearly $200 billion for 11 new chip-making plants in Texas...
Amazon to Buy One Medical for $3.9 Billion in Healthcare Deal
One Medical offers healthcare services in person and provides access to virtual care. A One Medical practice in Park Slope,...
Tesla Ends Streak of Record Quarterly Profits After China Factory Shutdown
Tesla’s second-quarter production was limited by Covid-related restrictions in China and supply-chain disruptions. Photo: jade gao/Agence France-Presse/Getty Images Updated July...
Netflix Loses Nearly 1 Million Subscribers, Vows Rebound
Netflix Inc. NFLX 5.61% suffered two consecutive quarters of subscriber losses for the first time in its history, and said...
