Getty asks London court to stop UK sales of Stability AI system
By Sam Tobin LONDON (Reuters) – Stock photo provider Getty Images has asked London’s High Court for an injunction to…
Technology
Elon Musk is accused of insider trading by investors in Dogecoin lawsuit
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk is being accused of insider trading in a proposed class action…
CNN Worldwide appoints Warner Bros Discovery’s David Leavy as COO
(Reuters) – Warner Bros Discovery Inc senior executive David Leavy has been appointed as chief operating officer of CNN Worldwide,…
Semi shorts down $18 billion in mark-to-market losses in 2023, S3 Partners says
NEW YORK (Reuters) – Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market…
SpaceX’s Starlink wins Pentagon contract for satellite services to Ukraine
By Mike Stone and Joey Roulette WASHINGTON (Reuters) – SpaceX’s Starlink, the satellite communications service started by billionaire Elon Musk,…
US Supreme Court throws out ruling against Slack over direct listing
By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday gave Salesforce Inc’s Slack Technologies another chance to avoid a…
C3.ai shares slump as revenue forecast fails to live up to AI hype
By Medha Singh (Reuters) -Shares of C3.ai Inc dropped nearly 20% in early trade on Thursday after the AI software…
Salesforce shares drop on slowest revenue growth in more than 10 years
By Samrhitha A (Reuters) – Salesforce Inc fell about 7% on Thursday after reporting quarterly revenue that increased at its…
Nvidia runaway winner in market cap addition in May
(Reuters) – Nvidia Corp’s market capitalisation jumped the most in May among the top 20 global companies by market value,…
Southeast Asian tech giant Sea disbands investment arm -sources
(Corrects paragraph 7 to say Ma became chief investment officer of Sea Capital not Sea) By Kane Wu and Fanny…