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New Shein Executive Aims to Expand Supply Chain Outside China
The appointment of Marcelo Claure, a former SoftBank executive, comes as the fast-fashion retail giant aims to be closer to its consumers. Source link
SoftBank's Son Says Artificial General Intelligence Will Soon Surpass Humans
“Take advantage of it or be left behind,” the CEO said at the investment company’s annual SoftBank World event. Source link
Google Trial Spills Details on Search Engine's Deals With Apple, Samsung
The company says it was offering the better product, while the Justice Department argues the agreements were illegal. Source link
Apple Counts on Wireless Carriers to Avoid an iPhone Slump
AT&T, Verizon and T-Mobile are returning to deep discounts on phones for customers who commit to top-tier plans. Source link
Arm Sets IPO Price at $51 a Share
British chip designer drops price after initially considering $52 a share. Source link
Why Your Wireless Carrier Wants to Access Your Bank Account
Carriers are offering discounts to avoid rising credit-card fees, but consider important factors before making any changes. Source link
SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Texas Pipeline Firm Adds to Shale Holdings in $7.1 Billion Deal
Energy Transfer said the purchase of rival Crestwood Equity Partners would benefit its natural-gas and crude-oil businesses by adding storage and terminal assets. Source link
SoftBank Posts Another Loss Despite Tech-Share Rebound
A return to profit for SoftBank’s Vision Fund wasn’t able to stem the red ink for the investment company. Source link
U.S. Cellular Owner Explores Sale
The regional wireless carrier’s controlling shareholder says it is exploring strategic options for a business left behind by telecom’s consolidation wave. Source link