Bloomberg Tech

Top clean energy equipment manufacturer Longi Green Energy Technology Co. is planning to invest 45.2 billion yuan ($6.7 billion) to build the world’s largest solar manufacturing base.

More than a dozen of Apple Inc.’s Chinese suppliers are receiving initial clearance by India to expand in the country, helping the tech giant’s efforts to diversify its assembly network beyond China.

Digital Currency Group, the struggling crypto empire whose Genesis Global Capital lending unit is trying to stave off bankruptcy, said it’s suspending quarterly dividends to preserve cash.

Sam Bankman-Fried, the fallen crypto entrepreneur who faces trial in the US on fraud charges, reiterated his claim that the FTX US crypto exchange “was and is solvent.”

NetEase Inc. struck back in an escalating public dispute with US gaming giant Blizzard, accusing its longtime partner of being “rude and inappropriate” when negotiating to keep World of Warcraft on PCs in China.

(Bloomberg) — Microsoft Corp. plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter, joining the ranks of technology giants that are scaling back as the industry prepares for a prolonged slump in demand.

Adobe Inc. Chief Product Officer Scott Belsky said the company has never trained its generative artificial-intelligence services on customer projects, responding to a wave of user criticism.

Digital Currency Group, the struggling crypto empire, said it’s suspending quarterly dividends until further notice as the company seeks to preserve cash.

Stocks in Asia were mixed Wednesday as investors assessed the path for monetary tightening and prepared for potential policy tweaks from the Bank of Japan.

Social media companies bent their own rules in favor of former President Donald Trump and his supporters in the volatile weeks preceding the 2021 attack on the US Capitol, according to an unpublished staff report from the House’s Jan. 6 committee.