Appliance Business Cast Off by GE Thrives Under Chinese Ownership
LOUISVILLE, Ky.—When General Electric Co. agreed to sell its appliance unit to a Chinese manufacturer in 2016, the future wasn’t...
Technology
Cyber Monday Sales Flat as Smaller Savings Curb Incentive to Spend
U.S. online sales were flat throughout Cyber Monday as smaller discounts gave shoppers less incentive to spend, but analysts say...
Inside Intel’s Secret Warehouse in Costa Rica
A few years ago, executives at Intel Corp. began to realize they had a problem. The company was making dozens...
Uber CFO Focuses on Revenue Growth After Hitting Profitability Milestone
Uber Technologies Inc.’s finance chief said the ride-sharing and delivery company is focused on boosting its revenue and income after...
Samsung Picks Texas for $17 Billion Chip-Making Factory
AUSTIN, Texas— Samsung Electronics Co. said Tuesday that it plans to invest roughly $17 billion in a semiconductor-making facility in...
Best Buy’s, Dick’s E-Commerce Growth Slows After Pandemic-Fueled Surge
Consumers are spending freely on sporting goods and kitchen appliances, but they are doing more of their shopping in stores...
Samsung to Choose Taylor, Texas, for $17 Billion Chip-Making Factory
Samsung Electronics Co. plans to build a roughly $17 billion chip-making plant in Taylor, Texas, according to people familiar with...
Zoom Shares Skid as Sales Growth Slows
Zoom Video Communications Inc. sales growth slowed last quarter as the extra demand for remote work and the company’s videoconferencing...
WSJ News Exclusive | Activision Blizzard CEO Bobby Kotick Tells Colleagues He Would Consider Leaving if He Can’t Quickly Fix Problems
Activision Blizzard Inc. Chief Executive Bobby Kotick has told senior managers he would consider leaving the company if he can’t...
Desperate Parents Turn to Shopping Bots to Hunt for Hottest Christmas Gifts
Frustrated by empty store shelves, some parents are turning to a new kind of Santa’s helper: the consumer-friendly shopping bot....
Copy of U.S. Constitution Sells for $43.2 Million as Crypto Group DAO Is Outbid
The art market wasn’t ready for revolution. A rare, first-edition copy of the U.S. Constitution sold for $43.2 million at...
Microsoft Pressures Activision Blizzard
Microsoft Corp.’s videogame boss said the company is evaluating its relationship with Activision Blizzard Inc. in the wake of a...
Twitter CFO Says Investing in Crypto ‘Doesn’t Make Sense Right Now’
Investing some of Twitter Inc.’s corporate cash in crypto assets such as bitcoin “doesn’t make sense right now,” Chief Financial...
WSJ News Exclusive | Roblox, Building Out the Metaverse, Looks to Bring Educational Videogames to Schools
Roblox Corp. plans to help bring educational videogames to classrooms world-wide, part of its strategy to expand its mostly teen...
Judge Rejects Apple’s Request to Delay App Store Order
U.S. District Judge Yvonne Gonzalez Rogers rejected Apple Inc.’s attempt to delay her September injunction that would loosen some of...
WSJ News Exclusive | Rivian Prices Shares at $78 in Highly Anticipated IPO
Rivian Automotive Inc. priced its highly anticipated initial public offering at $78 a share, well above its raised expectations, valuing...
China Evergrande Scrapes Together More Cash From Tech Company Stake Sale
SINGAPORE— China Evergrande Group raised around $145 million in recent days by selling a chunk of its shares in a...
SoftBank Suffers $54 Billion Bruise From China’s Tech Crackdown
TOKYO— SoftBank Group Corp. took a more than $50 billion beating from Beijing’s tech crackdown, but its leader said he...
Elon Musk’s Twitter Poll Results Are In, Favoring Tesla Stock Sale
Twitter users said Elon Musk should sell 10% of his Tesla Inc. stock after the billionaire chief executive polled them...
Airbnb Posts Record Results After Busy Summer Travel Season
Airbnb Inc. posted record revenue in the third quarter, punctuating the home-sharing company’s rebound from the collapse in bookings during...
