China’s Didi sees 2022 revenue hit by COVID, net loss narrows
BEIJING (Reuters) – Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as…
Technology
OpenAI closes $300 million funding round at $27 billion-$29 billion valuation – TechCrunch
(Corrects headline and story to show a $300 million share sale, not $10 bln or $10.3 billion) (Reuters) – OpenAI,…
U.S. senator introduces bill targeting AI’s shortfalls
WASHINGTON (Reuters) – Senator Michael Bennet introduced a bill on Thursday that would create a task force to look at…
Lyft asks employees to come to office more regularly
(Reuters) – Lyft Inc said on Friday it has asked employees to return to office, the latest move by new…
SEC looks down on UpToken, imposes crypto fines
By Jonathan Stempel (Reuters) – The U.S. Securities and Exchange Commission has fined Seattle-based Coinme and related defendants nearly $4…
Explainer-What next for Microsoft’s $69 billion Activision deal after UK ban?
By Paul Sandle LONDON (Reuters) – Britain’s Competition and Markets Authority (CMA) on Wednesday blocked Microsoft’s $69 billion acquisition of…
Pinterest, Snap tumble 18% as outlooks disappoint investors
By Noel Randewich (Reuters) -Shares of both Pinterest Inc and Snap Inc tumbled about 18% on Friday after the two…
Amazon’s cloud warning rattles investors
By Aditya Soni (Reuters) – Growth in Amazon.com Inc’s lucrative cloud business is slowing and investors are worried. Shares fell…
US judge denies Google’s motion to dismiss advertising antitrust case
WASHINGTON (Reuters) -A U.S. federal judge on Friday denied Google’s motion to dismiss a Department of Justice antitrust case focused…
Microsoft signs 10-yr deal with Spain’s Nware after UK blocks Activision bid
(Reuters) -Microsoft Corp said on Friday it signed a 10-year deal with Nware to bring Xbox and Activision Blizzard games…