Oracle cloud revenue misses as competition intensifies
Business software maker Oracle Corp’s cloud division reported quarterly revenue that missed analysts’ estimates, on increased competition from Amazon.com Inc and Microsoft Corp for cloud
Category: Business
SEC warns against investing in SPACs based solely on celebrity backing
The U.S. Securities and Exchange Commission (SEC) cautioned investors on Wednesday about buying shares of so-called special purpose acquisition companies only because they are backed
EV startup Canoo plans to roll out American-built, pod-like electric pickup in 2023
Electric vehicle startup Canoo Inc on Wednesday said it will introduce an American-built pod-like electric pickup truck in 2023, following in the footsteps of several
Twitter’s Dorsey to convert proceeds from auction of first ever tweet to bitcoin
Twitter Inc boss Jack Dorsey said on Tuesday he will convert proceeds from the digital auction of the first ever tweet on the platform to
SK Innovation says LG offer to resolve dispute needs to protect U.S. business
South Korean battery maker SK Innovation Co Ltd said on Thursday it will not accept any proposal by rival LG Energy Solution to resolve a
At least 10 hacking groups using Microsoft software flaw
At least 10 different hacking groups are using recently discovered flaws in Microsoft Corp’s mail server software to break in to targets around the world,
HSBC toughens stance on fossil fuel funding after shareholder heat
HSBC will phase out its support for the coal industry in the developed world by 2030 and in the developing world by 2040, the bank