Between April 8, 2022, and March 31, 2023, Taiwan-based computer manufacturer Acer shipped at least $70.4 million worth of computer gear to Russia, according to customs records obtained by Reuters after the company said it would halt operations there.   Despite not being against the law,...

The Wall Street Journal reported that Amazon is planning an advertising-supported tier for its Prime Video streaming service and is in discussions with Warner Bros. Discovery and Paramount about offering ad-supported tiers of those streaming services through Amazon Prime Video Channels. This news...

Benefiting from increased prices as well as consistent demand for its alcoholic beverage brands, including Jack Daniel's whisky, Woodford Reserve bourbon and el Jimador tequila, Brown-Forman Corp. on Wednesday exceeded Wall Street projections for quarterly revenue.   Early trading saw an...

In response to Beijing's efforts to draw in more foreign capital, Citigroup CEO Jane Fraser stated the bank will continue to grow its operations in China during her first visit to the nation this week as the head of the U.S. company.   The National Financial Regulatory Administration (NFRA)...

Vodafone and CK Hutchison are close to reaching an agreement to combine their British operations, and an announcement may come as soon as this Friday or early next week, according to a report from Reuters citing three sources.   On Wednesday, shares of Vodafone rose 3% in response to the...

Morgan Stanley, a financial services company, increased its price target for Apple to $190 in anticipation of the company releasing a category-defining AR and VR headset and so significantly expanding the market.   According to Morgan Stanley, its overall projection model for the company now...

A top Walmart official stated on Friday that the company still aims to quadruple the amount of gross product volume it sells in international markets to $200 billion in five years, despite the continued uncertainty surrounding the global economy.   Gross merchandise volume (GMV) is a metric...

Shares of SoftBank Group Corp. increased 5% in early Friday trading as the technology investor—which is contemplating an IPO of chip designer Arm—got sucked into a buying frenzy for equities in the semiconductor and AI industries.   The Japanese conglomerate's shares have increased 17% since...

Ella Irwin, the head of trust and safety at Twitter, announced her resignation to Reuters on Thursday. Since billionaire Elon Musk acquired the social media platform in October, the firm has come under fire for its inadequate measures to block harmful information.   When Yoel Roth quit as...

Temasek Holdings, a Singaporean state investor, announced on Monday that it had reduced compensation for both the top management group and the team that proposed Temasek's participation in the now-bankrupt FTX bitcoin exchange.   The action was taken about six months after Temasek began an...

According to the European Union, Twitter has left the voluntary code in an effort to combat misinformation. The EU's internal market commissioner, Thierry Breton, tweeted the news, but he also cautioned that the strict new standards would need compliance.   "Obligations remain. You can run...