China’s biggest chipmaker has applied for ‘voluntary delisting’ from the New York Stock Exchange amid the trade war and Trump’s crackdown on Chinese tech

China’s biggest chipmaker has applied for ‘voluntary delisting’ from the New York Stock Exchange...

The largest chipmaker in China has applied for a "voluntary delisting" from the New York Stock Exchange as President Donald Trump's administration increases its crackdown on Chinese tech. Semiconductor Manufacturing International Corporation (SMIC) said in a Friday statement that it will file a form to delist with the US Securities and Exchange Commission (SEC) on…
Elon Musk was paid more in 2018 than the next 65 highest-paid CEOs combined

Elon Musk was paid more in 2018 than the next 65 highest-paid CEOs combined

CEOs make a lot of money, but Elon Musk blew his competition out of the water in 2018, according to a new study by The New York Times. The study, done with the executive compensation consultancy Equilar, looked at compensation for CEOs at 200 large publicly-traded companies last year. According to the report, Tesla CEO…
‘He will have taken a step to dishonor our armed forces’: One of the most highly-decorated retired US Army generals warns Trump against pardoning war criminals

‘He will have taken a step to dishonor our armed forces’: One of the...

One of the most highly-decorated retired US Army officers delivered a stark warning for President Donald Trump amid reports that he is considering pardoning convicted war criminals and service members accused of war crimes who are still awaiting trial. "A pardon by President Trump for military personnel who have been convicted of battlefield crimes or…
As Oracle’s growth stagnates, insiders say that its all-important cloud business has suffered layoffs, infighting, and confusion

As Oracle’s growth stagnates, insiders say that its all-important cloud business has suffered layoffs,...

Oracle began trimming its workforce in March, quietly laying off employees worldwide with rolling cuts that have continued through this month. And employees are bracing for more cuts over the summer, some have told Business Insider and other media outlets. Oracle acknowledged the layoffs, though it never announced the total number of jobs it would…
Why Elon Musk and Jeff Bezos are in an epic feud that’s lasted years

Why Elon Musk and Jeff Bezos are in an epic feud that’s lasted years

Elon Musk and Jeff Bezos are in an epic feud that's been raging for years. But it wasn't always the case. In 2004, for example, the two titans had dinner together. Today, instead of passing ideas, they're berating each other for the world to see. Here's how things got so out of hand. Following is…
Hewlett Packard Enterprise is projecting a strong outlook for the rest of the year — but the CEO says that the overall data center market slowdown is his ‘biggest worry’

Hewlett Packard Enterprise is projecting a strong outlook for the rest of the year...

Hewlett Packard Enterprise boosted its profit outlook for the year, which is lifting its shares up some 1% on Friday. But CEO Antonio Neri says the tech giant is grappling with a more ambivalent corporate tech market. HPE's stock was ahead 2% in afternoon trades. On Thursday, the tech giant raised its adjusted profit outlook…
The managing director of a non-profit founded by BlackRock and McKinsey explains the one thing companies can do to be more like Amazon

The managing director of a non-profit founded by BlackRock and McKinsey explains the one...

Alison Loat is on a mission to end quarterly guidance, and BlackRock, McKinsey, and Dow are all on her side. Loat is the managing director at FCLT Global. It's a Canadian nonprofit founded by teams at McKinsey, the Canada Pension Plan Investment Board, Dow, BlackRock and India's Tata. The firm thinks about investments over a…
Samsung could emerge as the big winner from Huawei’s miserable week

Samsung could emerge as the big winner from Huawei’s miserable week

The biggest winner in the US government's battle with China's Huawei could turn out to be Samsung's smartphones. The South Korean tech giant has seen its perch at the top of the smartphone market threatened by Huawei's surging tide of handhelds. And Samsung's recent missteps in the rollout of its cutting-edge foldable phone, which was…
The Boeing 737 Max’s return to the air has reportedly been delayed by regulators looking into emergency procedures on older Boeing jets

The Boeing 737 Max’s return to the air has reportedly been delayed by regulators...

The Boeing 737 Max's return to commercial-airline service is reportedly being further delayed by the Federal Aviation Administration. US government officials told The Wall Street Journal's Andy Pasztor that the FAA is evaluating the emergency procedures for not only the Max but also the older generations of the 737, including the hot-selling Boeing 737 NG.…
Huawei is having a terrible, horrible, no good, very bad month — here’s what’s going on

Huawei is having a terrible, horrible, no good, very bad month — here’s what’s...

That's the big question. But Zhengfei is optimistic. "The world's economy is clearly on a path to globalization, and we all need to be united on that front," the CEO said in an interview with Business Insider Japan. "If a country closes itself off and tries to make its own version of a product for…

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