News for nerds
Alibaba Group Holding Ltd. fell for a third straight day as investors assessed the impact of Jack Ma reportedly ceding control of his fintech arm, and as worries over its earnings dragged. Shares closed down 6.1% in Hong Kong on Read more
Instagram says it is pausing its rollout of new features on its app following backlash online from users and celebrities including Kim Kardashian, Kylie Jenner and Chrissy Teigen. Among the new features was an increase in video content being displayed Read more
South Korea’s semiconductor stockpiles expanded at the fastest pace in more than six years, adding to concern about the outlook for exports that drive the country’s economic growth. Nationwide inventory soared 79.8% in June from a year earlier, the statistics Read more
Roku Inc. slumped 25% in late trading after saying advertisers are pulling back on spending due to economic concerns, adding to jitters about the slowing growth of marketing spending. Shares of the maker of streaming-TV devices fell to $63.35 in Read more
Scientists have said they are just a few years away from curing genetic heart conditions which affect around 260,000 people in the UK and can cause sudden death. An international team of researchers is coming together for cutting-edge science after Read more
The New Zealand fund manager that was an early champion of investing in renewable energy has picked its next major investing opportunity. Cloud-based technology and software services are the infrastructure of the digital era, with resilient earnings that will attract Read more
Apple Inc. will be “deliberate” with spending decisions as it confronts an economic slowdown, Chief Executive Officer Tim Cook said alongside third-quarter earnings results. “We believe in investing through downturns — we’ve always done that. We’ve always found out that Read more