Business
CHICAGO/NEW YORK – Fanatics Inc, the world’s biggest licensed sports merchandise retailer, said on Thursday it was expanding into China via a venture with private equity firm Hillhouse Capital Group, as the e-commerce platform considers a possible public listing. Fanatics, the Softbank-backed firm with annual revenue that exceeds $3 billion,…
HP Inc. shares spiked 4% Thursday after the computer maker released holiday earnings earlier than expected and showed a $1 billion jump in quarterly sales. The company reported net earnings of $1.1 billion, or 92 cents a share, compared with net earnings of $700 million, or 46 cents a share, in…
RENO, Nev. — A Russian man has pleaded guilty in the U.S. to offering a Tesla employee $1 million to cripple the electric car company’s massive electric battery plant in Nevada with ransomware and steal company secrets for extortion, prosecutors and court records said. In a case that cybersecurity experts…
A pandemic-fueled run on computers helped HP Inc. and Dell Technologies Inc. deliver strong financial results for the latest quarter despite a semiconductor shortage that is denting some industries. Dell on Thursday reported that first-quarter revenue rose 12% to $24.5 billion from a year earlier driven by a 42% jump in consumer revenue within the client…
President Joe Biden’s executive order aimed at safeguarding Americans’ sensitive data would force some Chinese apps to take tougher measures to protect private information if they want to remain in the U.S. market, according to people familiar with the matter. The goal is to keep foreign adversaries like China and…
Apple’s inaugural batch of Apple Intelligence features debuted on Monday for eligible devices. Apple users can get the AI features on iPhone, iPad and Mac devices capable of running the technology through the latest software update to their operating systems, the tech giant said.Such devices include Apple’s entire iPhone 16…
JPMorgan Chase filed four lawsuits in federal courts on Monday against customers who allegedly stole tens of thousands of dollars from the bank in an “unlimited money” stunt after a vulnerability in its ATM system was exposed and went viral over the summer. Videos circulating on social media before Labor…
Kamala broke it, and Trump will fix it and that’s the subject of the riff. So, the electricity was high at the packed house of Madison Square Garden yesterday at Donald Trump’s rally, but even more than just good vibes, there was important messaging. In one sense, it was a reprise…
The top prosecutor in Philadelphia filed a lawsuit Monday to stop Elon Musk and his Trump-supporting political action committee from continuing their $1 million daily giveaways to registered swing state voters, describing the contest as an “illegal lottery” aimed at influencing the results of a presidential election. The lawsuit was filed…
EXCLUSIVE: Howard Lutnick, the co-chair of the Trump transition team and the CEO of financial services company Cantor Fitzgerald, told Fox News Digital that Wall Street leaders have privately expressed their intent to vote for former President Donald Trump and his “pro-growth” policies. Lutnick sat for an exclusive interview with…