Bloomberg said it will suspend operations of its financial data and trading services in Russia and Belarus in response to the invasion of Ukraine. The company had already said on March 4 it would halt reporting activities in Russia after a new law criminalizing independent reporting in the country. Bloomberg’s move is the latest example of global companies leaving Russia amid its ongoing...
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SEC Probes Whether SoftBank-Backed Messaging App Misled Investors
The Securities and Exchange Commission has been investigating whether SoftBank-backed messaging app IRL violated securities laws, including in the way the startup described its business performance during talks with investors, according to people with knowledge of the situation. The SEC investigation began after The Information reported in May that some IRL employees had expressed concern to...
Amazon Adds Four Executives to CEO Andy Jassy’s S-Team
Plaid Cuts 20% of Staff After Growth Falls Short
U.S. National Security Deal on TikTok Held Up on Security Concerns
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Microsoft Eyes ‘Super App’ to Break Apple and Google’s Hold on Mobile Search
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