Microsoft's Shopping Spree Isn't Landing Bargains

The acquisition of Nuance Communications adds to AI capabilities but represents a high price for a struggling business.

 
U.K. to Examine Former Prime Minister Cameron's Greensill Role

The U.K. announced an independent review into contracts it handed Greensill Capital and the role former Prime Minister David Cameron played in lobbying on the financing company's behalf just months before its collapse.

 
Nvidia Plans New Chip to Compete With Intel

The graphics-chip giant said its first processor for data centers would operate 10 times faster than existing chips in a market currently dominated by Intel.

 
Uber Posts Record Demand for March

Bookings for the entire business, which includes rides and food delivery, rose to the highest monthly level in Uber's history as Covid-19 vaccinations increased.

 
Jack Ma's Ant Group Bows to Beijing With Company Overhaul

Ant Group, the financial-technology giant controlled by billionaire Jack Ma, will apply to become a financial holding company overseen by China's central bank.

 
Cybersecurity Firm Darktrace Targets $4 Billion London IPO

Darktrace said it aims to go public in London, hoping to cash in on growing demand for its software despite ongoing legal uncertainty over one of its leading backers.

 
Chip Shortage Is Bad for GM but Worse for Car Buyers

The shortage of semiconductors is worsening, but might need to drag out indefinitely to have a more noticeable impact on auto stocks.

 
Boeing Shareholders Will Weigh Need for More Changes to Board

The plane maker has changed the membership and structure of its board since a second 737 MAX airliner crashed two years ago. Investors will soon decide whether the company has done enough.

 
Huawei, HSBC Strike Deal Over Documents in Extradition Fight

Huawei Chief Financial Officer Meng Wanzhou believes the documents will help in her battle against extradition from Canada to the U.S. on charges related to alleged sanctions-busting sales to Iran.

 
Credit Suisse Faces Tough Choices on Investment Bank

Credit Suisse's investment bank is the Swiss lender's profit engine. But after the Archegos and Greensill meltdowns, it is expected to be scaled back for safety.

(END) Dow Jones Newswires

April 12, 2021 19:15 ET (23:15 GMT)

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