Target (TGT) earnings Q2 2023
A Target department store on May 17, 2023 in North Miami Beach, Florida. Joe Raedle | Getty Images Target will report fiscal second-quarter earnings on Wednesday, as consumers send mixed…
SoftBank is in talks to buy Vision Fund’s 25% stake in Arm, sources say
SoftBank has stopped working on a London initial public offering for chip designer Arm because of political upheaval in the British government, the Financial Times reported. Akio Kon | Bloomberg…
Amazon is racing to catch up in generative A.I. with custom AWS chips
In an unmarked office building in Austin, Texas, two small rooms contain a handful of Amazon employees designing two types of microchips for training and accelerating generative AI. These custom…
Telesat swaps internet satellite suppliers to save $2 billion
A rendering of Telesat’s low earth orbit broadband constellation. Telesat Shares of Canadian telecommunications satellite operator Telesat surged Friday after the company announced it would swap suppliers for its planned…
Nine states pass laws to crack down on theft
This is the final part of a three-part series on organized retail crime. The stories examine the claims retailers make about how theft is impacting their business and the actions…