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,...
Technology
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...
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...
Spotify Publishes Content Policy, Covid-19 Hub in Response to Joe Rogan Controversy
“We know we have a critical role to play in supporting creator expression while balancing it with the safety of...
What CEOs Are Saying About Inflation: ‘The World Has Changed’
This is what some of the world’s corporate leaders said on their quarterly earnings calls this week about what they...
Tesla Is the Latest Entrant Into the Carpool Karaoke Competition
Chinese consumers on Friday gave an ovation to Tesla Inc., TSLA 2.08% a new seller of karaoke microphones for singing...
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...
SoftBank COO Marcelo Claure to Leave as Stock Hits a Rough Patch
SoftBank Group Corp. 9984 2.20% said Chief Operating Officer Marcelo Claure, who helped clean up problems at the firm’s investments...
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,...
