Meta wins back Wall Street with AI promises
By Aditya Soni (Reuters) – Meta Platforms Inc is a Wall Street darling again. The company’s shares extended their winning…
Technology
White House’s Sullivan: US not looking to decouple from China economy
WASHINGTON (Reuters) – White House national security adviser Jake Sullivan said on Thursday the United States is not looking to…
Mobileye shares sink as China EV demand ebbs
(Reuters) -Shares of Mobileye Global Inc fell by more than 30% on Thursday after the maker of autonomous driving technology…
‘Vice News Tonight’ to go off the air as company cuts jobs
(Reuters) – Vice Media Group (VMG) said on Thursday it will cancel popular TV program “Vice News Tonight” as part of…
Dropbox to cut workforce by 16%, hire new talent for AI-powered products
(Reuters) – Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut…
Spotify investigates issues after reports of outage
(Reuters) -Spotify Technology said on Thursday it was investigating some issues with its web page, following reports the audio streaming…
Comcast beats estimates on broadband, theme park strength
By Helen Coster and Eva Mathews (Reuters) -Comcast Corp on Thursday said it beat quarterly profit forecasts on sustained demand…
Chinese EV giant BYD’s first-quarter profit jumps fivefold
BEIJING/SHANGHAI (Reuters) -Chinese electric vehicle giant BYD Co. posted a fivefold jump in its first-quarter profit on Thursday as the…
Cloud, not consoles, blocks Microsoft’s Activision view in UK
By Paul Sandle LONDON (Reuters) – For all the thunder about Xbox versus PlayStation, it was the nascent cloud market…
UK watchdog defends Microsoft block in face of onslaught from companies
LONDON (Reuters) – The boss of Britain’s antitrust regulator said blocking Microsoft’s acquisition of ‘Call of Duty’ maker Activision Blizzard…