WeChat users will not face civil or criminal penalties even if the United States bans the Chinese-owned messaging app through other actions next week, the Justice Department said on Wednesday.
For 17 years Jeffrey Smith, the co-founder of activist investment firm Starboard Value LP, has been telling public companies he and his team can help improve their operations. Now he is saying the same thing to private companies.
AT&T Inc's Warner Bros Games on Wednesday unveiled a Harry Potter game, "Hogwarts Legacy," that will let players experience life as a student at the Hogwarts School of Witchcraft and Wizardry in the 1800s.
Now is the time for us to reshape our society and economy for the better, says one observer.
Companies that supply the chip sector with sophisticated and expensive equipment plan to warn the Trump administration against a proposal to blacklist China's top chipmaker Semiconductor Manufacturing International Corporation , arguing it would be "detrimental" to US industry.
Sony Corp said on Wednesday the next-generation PlayStation 5 console would launch in November priced at US$499.99 and US$399.99 for a version without a disk drive, as it squares off against rival Microsoft Corp's Xbox console.
Snowflake Inc's shares more than doubled in their New York Stock Exchange debut on Wednesday, a day after the Warren Buffett-backed data warehouse company raised more than US$3 billion in the largest U.S. listing of the year thus far.
Goldman Sachs Group promoted Barry O'Brien to co-chief operating officer of its global tech, telecom and media investment (TMT) banking team, according to a memo seen by Reuters on Wednesday.
The Federal Reserve signaled on Wednesday it expects the U.S. economic recovery from the coronavirus crisis to accelerate with unemployment falling faster than the central bank expected in June.
Shares of Nikola Corp on Wednesday reversed course to trade up as much as 6per cent from premarket losses, resulting in US$24 million in mark-to-market losses for those betting against the stock, according to financial analytics firm S3 Partners.
