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Microsoft, Activision Blizzard Extend $75 Billion Merger Deadline
Business

Microsoft, Activision Blizzard Extend $75 Billion Merger Deadline

The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K. Source link

Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
Finances

Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback

The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link

Governments in China are Propping Up Hong Kong's Ailing IPO Market
Finances

Governments in China are Propping Up Hong Kong's Ailing IPO Market

Municipalities and state-backed investors that want to drum up more economic activity are buying shares in companies going public. Source link

Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
Finances

Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback

The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link

Jailed Crypto Tycoon's Company Appoints CEO
Finances

Jailed Crypto Tycoon's Company Appoints CEO

Terraform Labs has tapped Chris Amani to run the company as co-founder Do Kwon faces charges of fraud. Source link

Microsoft Shows AI Won't Be a Loss Leader
Finances

Microsoft Shows AI Won't Be a Loss Leader

The software company’s pricing of its Copilot AI tool came in well above projections. Source link

Tesla to Report Second-Quarter Earnings Fueled by Sales Growth
Business

Tesla to Report Second-Quarter Earnings Fueled by Sales Growth

Analysts are looking to see the impact of price cuts on the EV maker’s bottom line. Source link

Victims of Cyberattack on File-Transfer Tool Pile Up
Business

Victims of Cyberattack on File-Transfer Tool Pile Up

The list of companies hit by a cyberattack on a widely used software tool continues to expand and several victims have filed lawsuits alleging mishandling