Bloomberg Business

Qualcomm Sales Forecast Disappoints; New Businesses Pick Up

Qualcomm Inc., the largest maker of smartphone processors, reported quarterly earnings that showed signs of success for the chipmaker’s push into new businesses like computers and cars, an effort that helped mitigate the impact of a prolonged slump in mobile-handset sales.

Ex-Goldman President Schwartz Is Top Contender for Carlyle CEO

Former Goldman Sachs President Harvey Schwartz is in talks with Carlyle Group Inc. to become the private equity firm’s next CEO and has a emerged as a top contender for the job, according to people familiar with the matter.

MicroStrategy Posts Another Loss After Bitcoin Charge

MicroStrategy Inc., the enterprise-software maker better known as the largest public holder of Bitcoin, registered an eighth consecutive quarterly loss after writing down the value of its cryptocurrency holdings.

Silvergate Faces US Fraud Probe Over FTX and Alameda Dealings

(Bloomberg) — US prosecutors in the Justice Department’s fraud unit are looking into Silvergate Capital Corp.’s dealings with fallen crypto giants FTX and Alameda Research, according to people familiar with the matter.

Tesla Expected to Announce Mexico Project Soon, Ebrard Says

Tesla Inc. is expected to announce an investment in Mexico very soon as the country works to expand infrastructure and renewable energy supply to take advantage of a boom in companies relocating, Foreign Affairs Minister Marcelo Ebrard said.

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