Instacart forecasts upbeat current-quarter, taps Uber veteran as CFO
By Granth Vanaik (Reuters) -Instacart forecast its second-quarter gross transaction value (GTV) and core profit above estimat...
8h ago
Arm's quarterly revenue forecast beats Street; annual rev guidance misses
By Max A. Cherney and Stephen Nellis (Reuters) -Chip designer Arm Holdings gave a fiscal first-quarter revenue forecast on We...
9h ago
Airbnb posts higher profits on global travel demand
(Reuters) - Vacation rental company Airbnb reported a higher quarterly profit on Wednesday, boosted by an increase in travel ...
9h ago
Microsoft to shut Africa development centre in Nigeria
LAGOS (Reuters) - Microsoft is closing down its Africa Development Centre in the continent's most populous nation Nigeria, wh...
10h ago
Nigeria rejects Binance CEO's bribery claim as 'diversionary tactic'
By Camillus Eboh ABUJA (Reuters) - Nigerian authorities on Wednesday denied allegations from Binance's CEO of soliciting brib...
13h ago
Legislative roadmap for AI is coming in weeks, Schumer says
WASHINGTON (Reuters) - Senate Majority Leader Chuck Schumer said on Wednesday he would provide a roadmap for artificial intel...
15h ago
US official says Chinese seizure of TSMC in Taiwan would be 'absolutely devastating'
WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo said Wednesday a Chinese invasion of Taiwan and seizure of chips...
15h ago
Reddit shares soar as earnings show advertising, AI licensing revenue potential
(Reuters) - Reddit shares soared 14% on Wednesday after the social media firm floored investors with strong revenue growth an...
15h ago
Turkey's competition board to fine Meta $37.2 million in data-sharing probe
ISTANBUL (Reuters) - Turkey's competition board fined Meta Platforms 1.2 billion lira ($37.20 million) on Wednesday after con...
15h ago
Emerson Electric boosts 2024 profit view on measurement tools demand
(Reuters) - Emerson Electric raised its full-year profit forecast on Wednesday on steady demand in its unit that makes valves...
17h ago