US appeals court rejects bid by states to revive antitrust lawsuit against Facebook
WASHINGTON (Reuters) -A U.S. appeals court on Thursday refused to revive a lawsuit filed by states against Meta’s Facebook that…
Technology
Canadian Senate passes bill to compel local content on streaming giants
By Ismail Shakil OTTAWA (Reuters) – Canada’s Senate on Thursday passed the government’s online streaming legislation after a 10-month debate…
Wall St rallies as earnings season boost offsets economy worries
By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – The tech-heavy Nasdaq led a Wall Street rally on Thursday…
Snap misses revenue expectations, warns on second quarter outlook
By Sheila Dang (Reuters) -Snap Inc on Thursday missed analyst expectations for quarterly revenue as changes to its advertising platform…
Pinterest’s ad woes hurt revenue growth, shares slump
By Vansh Agarwal (Reuters) -Pinterest Inc forecast second-quarter revenue growth below Wall Street estimates on Thursday, as the image-sharing platform…
Alphabet, Meta lure back advertisers as smaller rivals struggle
By Sheila Dang (Reuters) -Advertisers are sticking with safe havens Alphabet and Meta Platforms in an uncertain economy, their quarterly…
T-Mobile misses estimates for quarterly revenue, wireless subscriber additions
(Reuters) -Wireless carrier T-Mobile US Inc missed Wall Street estimates for first-quarter revenue and wireless subscriber additions on Thursday, weighed…
FBI searches home of top FTX executive – NYT
(Reuters) – The FBI carried out a search on Thursday morning at the Potomac, Md., home of former FTX executive…
Coinbase rejects U.S. regulator’s claim it broke rules on crypto
By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) -Coinbase Global has reiterated its view to the U.S. Securities and…
As U.S. megacaps soar, some investors are wary of rising valuations
By Lewis Krauskopf NEW YORK (Reuters) – Some market participants are warning that the U.S. market’s biggest tech and growth…