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GameStop Decides It Likes Stores After All
Ryan Cohen took control of GameStop Corp. in 2021 vowing to transform the faltering videogame retailer into an e-commerce juggernaut. Meme-stock investors loved the idea.
The Metaverse Is Quickly Turning Into the Meh-taverse
Disney and Microsoft both closed projects tied to the metaverse this month, while Facebook parent Meta focuses on artificial intelligence. Source link
Lyft Hires New CEO as Founders Step Back
David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a battered stock price. Source link
Salesforce's Benioff Lives to Deal Another Day
Quelling a proxy challenge buys the cloud-software pioneer time, but pressure to juice its bottom line won’t abate. Source link
America’s Housing Markets: Home Prices Fall in the West and Rise in the East
In an unusual pattern, the 12 major housing markets west of Texas, plus Austin, saw home prices fall in January, while the opposite happened in
Microsoft, Google, Amazon Look to Generative AI to Lift Cloud Businesses
Tech Cloud providers are trying to use the tech behind ChatGPT to heat up demand Source link
Semiconductor Firms Asked to Submit Financial Projections to Get Chips Act Funds
WSJ News Exclusive Business Commerce Department will use financial statements to evaluate applications Source link
Salesforce Shakes Off Proxy Fight From Elliott
The activist investor says it was swayed by the business-software provider’s latest financial results and cost-cutting. Source link
How to Complain at Work the Right Way and Get Ahead
Want to advance your career? Learn to complain well. Stay silent and you’ll stew in resentment and let burgeoning problems fester. Speak up and you
Toshiba Shareholders Draw the Short Stick, Again
Markets Heard on the Street Toshiba’s sale was supposed to be a bookend to years of corporate governance reforms in Japan Source link