Billionaire Jihan Wu is making changes to the leadership of his asset manager while also reducing the staff at his digital-currency lending firm by 10%.

Microsoft Corporation (MSFT) is a publicly traded company with a market capitalization of over $1 trillion.

EY conducted a thorough investigation for potential investors in GoMechanic and discovered that the Indian auto-services company had exaggerated its revenue, causing a new problem for its backer Sequoia Capital in India.‍According to sources with knowledge of the situation, EY's investigation suggested that around 60 of the over 1,000 GoMechanic service centers may have broken accounting regulations to inflate revenue and misdirect funds.

Investors are betting on bonds after debt funds in 2022 posted their worst performance on record.

A new survey has found that most laid-off tech workers are finding new jobs shortly after beginning their search.