Por: MarketWatch Business November 11, 2022
(ticker: SFTBY), led by billionaire Masayoshi Son, said in August it would in e-commerce site (BABA) to around 15% from 24%. Alibaba and other technology companies have had a rough year as central banks started raising interest rates to contain inflation. Alibaba’s American depositary receipts have fallen almost 40% since Jan. 1, compared with a 28% drop in the Nasdaq. China’s tech sector in particular has been hit this year by repeated... + full article
Associated Press USA Tech November 18, 2022
HONG KONG (AP) — Chinese e-commerce company Alibaba Group on Thursday posted net losses and missed market expectations for revenue in its quarter ended September amid a slowing economy and depressed consumer sentiment.The company reported net losses of 20.6 billion yuan ($2.87... + más
Was China’s Singles Day a Dud? Alibaba and JD.com Decline to Give Numbers. | MarketWatch
Alibaba Earnings Topped Estimates. Why the Stock Is Falling. | MarketWatch
MarketWatch USA Business November 17, 2022
While the figures mark a return to growth for Alibaba after recording flat annual sales for in the second quarter, it is still a historically weak expansion. The company has suffered from Beijing’s zero-Covid policy and last week declined to release sales numbers for the... + más
Alibaba posts loss, slower revenue amid lower consumption | Associated Press
MarketWatch USA Business November 12, 2022
The two companies said only that sales for the annual Singles Day, which ended Friday, were comparable to last year’s. That raised the possibility of relatively weak gains, at least for Alibaba (BABA). For 2021’s event, the company reported $84.5 billion in total value of... + más
Associated Press USA Business November 11, 2022
TOKYO (AP) — Japanese technology investor SoftBank Group Corp. reported on Friday a 3 trillion yen ($21 billion) profit for the July-September quarter, a sharp reversal from its loss a year ago.After its 398 billion yen loss a year earlier, quarterly sales rose to 1.6 trillion... + más
Japan’s SoftBank Turns a Profit After Reducing Stake in Alibaba | MarketWatch
Izuma Networks Acquires SoftBank’s Pelion IoT Device Management Business | Forbes
Forbes USA Tech October 04, 2022
Izuma NetworksIzuma Networks SoftBank invests in the new company Today, announced the acquisition of SoftBank’s Pelion edge software business, including the IoT device management products. Izuma inherits the extensive software and intellectual property portfolio that Arm’s... + más
SoftBank CEO Masayoshi Son seeking 'strategic alliance' between chipmaker Arm and Samsung | CNBC
SoftBank plans at least 30% staff cuts to Vision Fund, source confirms | CNBC
CNBC USA Tech September 23, 2022
In this articleAlibaba has faced growth challenges amid regulatory tightening on China's domestic technology sector and a slowdown in the world's second-largest economy. But analysts think the e-commerce giant's growth could pick up through the rest of 2022.Kuang... + más
China's social media sales machine Li Jiaqi suddenly returns after mystery absence, just in time for a retail bonanza | CBS News
Amazon, Microsoft and Google face UK probe over dominance in cloud computing | CNBC
CNBC USA Tech September 22, 2022
In this articleMasayoshi Son, CEO of SoftBank, has been weighing up various options for chipmaker Arm after Nvidia walked away from buying the company.Alessandro Di Ciommo Nurphoto Getty Images CEO Masayoshi Son said he is seeking a strategic alliance between chipmaker Arm,... + más
Samsung sets goal to attain 100% clean energy by 2050 | Associated Press
Samsung sets goal to attain 100% clean energy by 2050 | ABC News
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