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Slovak ruling party rejigs cabinet, clings to power

  Bloomberg Slovakia’s ruling party pushed through a cabinet reshuffle as it seeks to hold on to power without a majority after a rival party abandoned the coalition this month. Prime Minister Eduard Heger’s minority coalition was expected to face a test on Tuesday to muster enough lawmakers to open Slovakia’s parliamentary session. Richard Sulik, who served as economy minister, ...

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Meta seeks out secrets from over 100 firms to win antitrust suit

Bloomberg To defend itself against the federal government, Meta Platforms Inc says it needs its rivals to divulge some of their most closely held secrets. Facebook’s parent company has so far subpoenaed 132 companies for documents, including Snap Inc., ByteDance Ltd’s TikTok and the audio startup Clubhouse, and has warned that it may seek information from 100 more. The subpoenas ...

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Oracle reports sales that meet estimates

  Bloomberg Oracle Corp’s quarterly sales jumped 18%, buoyed by the software maker’s transition to cloud computing and the acquisition of health records provider Cerner. Sales were $11.4 billion in the fiscal first quarter, meeting analysts’ average estimate, according to data compiled by Bloomberg. Profit, excluding some items, was $1.03 a share. Oracle said currency fluctuations reduced the earnings by ...

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