Shares in DocuSign Inc. jumped more than 10% in late trading today after the electronic signature company impressed investors with revenue and earnings beats in its fiscal fourth quarter and forecast a higher-than-expected outlook for the fiscal quarter and year ahead. For the quarter that ended on Jan. 31, DocuSign reported adjusted earnings per share of 76
European Union regulators are reportedly investigating Microsoft Corp. over limiting customers from using competing security software and its investment in artificial intelligence company Mistral AI. According to The Information, the first investigation relates to a claim that Microsoft is preventing its customers from buying security software from its competitors. The European Commission, the EU’s competition
Amazon Web Services Inc. has announced plans to invest $10 billion to build two new data center complexes in Mississippi, with the project expected to create at least 1,000 new jobs in the state. The data centers are planned to be built in two Madison County industrial parks, with the financial backing of the Mississippi
HSBC Holdings plc, the U.K.’s largest bank, today debuted a new consumer finance app called Zing. Zing could put the financial services giant in a better position to address the mounting competition it faces from smaller rivals. The new app offers similar features as Revolut Ltd. and Wise Payments Ltd., two venture-backed consumer finance providers
Toshiba Corp. will spend 125 billion yen, or about $175 million, to expand the production lines it uses to manufacture power management chips. Reuters reported the plan on Friday. Toshiba Chief Executive Officer Taro Shimada detailed the investment during an event marking the company’s recent acquisition by Japan Industrial Partners, a private equity firm. The deal,