Business

Fanatics scores China deal, IPO may be next play

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,…

Pandemic, holiday sales pump up HP with  billion jump in sales

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…

Russian pleads guilty in Tesla extortion plot

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…

PCs are back as Dell, HP deliver strong sales for desktops and notebooks

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…

Chinese apps could face subpoenas or bans under Biden order

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 Intelligence has arrived. Here’s how to update your device to get it

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…

LARRY KUDLOW: Trump’s prior record shows he can fix America

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…

© 2024 Time Bulletin. All Rights Reserved.