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Pinterest Inc (PINS.N) and Snap Inc (SNAP.N) shares fell 18% on Friday after their quarterly results alarmed investors over sluggish digital ad spending. Marketers...
As smartphone clients confront a supply glut as inflation and macroeconomic uncertainty reduce consumer electronics demand, Taiwan’s top chip designer MediaTek focuses more on...
Friday’s Financial Times reported that Norway sovereign wealth fund CEO Nicolai Tangen urged nations to speed up AI legislation. Tangen told the newspaper that...
Amazon.com Inc.’s (AMZN.O) cloud business is slowing, worrying investors. Amazon’s cloud business dipped in April after having its worst quarterly growth since 2015. If...
As part of a reorganization strategy geared at rebuilding its core ride-hailing product and increasing revenues, Lyft announced Thursday that it would lay off...
After its semiconductor unit announced a record $3.4 billion loss on Thursday due to a chip oversupply from sluggish tech gadget demand, Samsung Electronics...
According to Interfax, a Russian court fined the Wikimedia Foundation, which controls Wikipedia, two million roubles ($24,510) on Thursday for not removing “banned content”...
Meta’s earnings call yesterday was bullish on better-than-expected sales. However, buried in its investor disclosures is a harsh warning about approaching regulatory risk in...
Joby Aviation’s 2025 commercial launch strategy is emerging. The firm won a $55 million contract from the U.S. Department of Defense on Tuesday, allowing...
Yahoo purchased Nashville-based Wagr, a three-year-old social sports betting firm, today. Deal terms were not revealed. TechCrunch, owned by Apollo-owned Yahoo, highlighted Wagr during...
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