EBay forecasts upbeat revenue as sneakers, refurbished items drive growth
By Yuvraj Malik (Reuters) -EBay Inc on Wednesday forecast current-quarter revenue above Wall Street projections after beating March-quarter earnings estimates,…
Technology
Elon Musk talks AI, Tesla with Democratic leader Schumer
By David Shepardson WASHINGTON (Reuters) -Elon Musk, the billionaire CEO of electric vehicle maker Tesla and social media platform Twitter,…
Apple, Android rivals see first-quarter drop in China phone shipments – research firm
SHANGHAI (Reuters) – Apple Inc and its Android rivals saw sales slide in the first quarter in China, research firm…
TSMC aims to get newest chip technology into cars faster
By Stephen Nellis SANTA CLARA, California (Reuters) – Taiwan Semiconductor Manufacturing Co on Wednesday said it will release new software…
Roku forecasts robust second-quarter revenue as some ad spending improves
(Reuters) -Roku Inc forecast second-quarter revenue above Wall Street estimates on Wednesday on optimism that increased cord-cutting and a broader…
US official says Chinese cloud companies like Huawei could pose threat
By David Shepardson WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Wednesday that Chinese cloud computing companies like…
Refinitiv data shows smaller decline in U.S. earnings view
By Caroline Valetkevitch NEW YORK (Reuters) – The estimated decline in first-quarter S&P 500 earnings is getting smaller as more…
U.S. and South Korea agreed to boost economic partnerships in chips, EVs, batteries
WASHINGTON (Reuters) – South Korea and the U.S. agreed to boost economic partnerships in critical technology industries such as microchips,…
Fox announces new unit to house digital businesses
(Reuters) – Media company Fox Corp on Wednesday said it would house its standalone digital businesses under a new unit,…
Exclusive-Peter Thiel, Republican megadonor, won’t fund candidates in 2024 – sources
By Anna Tong, Alexandra Ulmer and Jeffrey Dastin SAN FRANCISCO (Reuters) – Tech billionaire and Republican megadonor Peter Thiel, an…