One of the most notable recent examples of an office downsizing trend that is shaking commercial real estate markets around the world is HSBC's decision to forgo its 45-floor Canary Wharf tower in lieu of a much smaller structure in downtown London.   The largest bank in Europe informed...

With the help of a partnership between cloud data analytics provider Snowflake and the computer manufacturer Nvidia, customers in the retail, healthcare, and finance sectors will be able to create AI models using their own data.   The cooperation was declared by the two businesses on Monday...

According to a sealed indictment by South Korean authorities, when former Samsung executive Choi Jinseog won a contract with Taiwan's Foxconn in 2018, he used his former employer's supplier network to steal trade secrets to aid his new client in establishing a chip factory in China.  ...

Binance is under more pressure after receiving a directive from Belgium's FSMA regulator on Friday to stop providing any virtual currency services there.   Changpeng Zhao started Binance in Shanghai in 2017, and it has since come to dominate the cryptocurrency market. However, regulators...

Accenture's Thursday quarterly sales projection, which fell short of Wall Street expectations, fueled worries about declining IT investment and caused its shares to drop more than 5%.   Julie Sweet, the CEO, echoed comments made by Cognizant Technology Solutions earlier this month when she...

Elon Musk, the CEO of Tesla, claimed that India's Prime Minister Narendra Modi was pressuring the automaker to make a "significant investment" in the nation, and that an announcement of this like was shortly to come.   After meeting Modi on Tuesday during the Indian president's state visit...

PayPal announced on Tuesday that investment firm KKR has agreed to buy a sizeable amount of its buy now, pay later (BNPL) loans in Europe, up to 40 billion euros ($43.71 billion).   Even though BNPL is still widely used by millennials and Gen Z customers following the pandemic-driven...

As part of its push for expansion in Europe, Intel will invest more than 30 billion euros ($33 billion) in the development of two chip-making facilities in Magdeburg. Chancellor Olaf Scholz welcomed the agreement on Monday as the largest foreign investment Germany has ever received.  ...

According to the CEO of the South Korean automaker, Hyundai Motor, the company would think about making its vehicles more easily compatible with the charging standard that Tesla is promoting in North America.   About 60% of U.S. fast chargers are Tesla Superchargers, and Ford and General...

The $69 billion acquisition by Microsoft of gaming behemoth Activision ATVI.O is expected to result in two court battles with US antitrust officials in the coming weeks.   The purchase deal has a termination date of July 18, but such dates can be extended and sometimes are, so Microsoft has...

On Friday, Chinese President Xi Jinping spoke with Bill Gates about the worldwide expansion of artificial intelligence and expressed his support for American companies like Microsoft bringing their AI technology to China, according to two persons familiar with the conversation.   During...