Gen Digital beats quarterly revenue estimates
(Reuters) - Cybersecurity firm Gen Digital beat Wall Street's fourth-quarter revenue estimate on Thursday, as customers spend...
May 09, 2024
Exclusive-Chinese EV maker Zeekr prices US IPO at top of range to raise $441 million, source says
By Echo Wang NEW YORK (Reuters) - Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public ...
May 09, 2024
Explainer-What risks do advanced AI models pose in the wrong hands?
WASHINGTON (Reuters) - The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from Chin...
May 09, 2024
TikTok to label AI-generated images, video from OpenAI and elsewhere
By Stephen Nellis (Reuters) - TikTok said on Thursday it would start using a technology aimed at helping it label images and ...
May 09, 2024
Arm shares fall as tepid forecast takes shine off AI optimism
(Reuters) - Shares of Arm Holdings fell 8% in premarket trading on Thursday as the chip designer's downbeat annual revenue fo...
May 09, 2024
Canada fines Binance $4.38 million for money laundering violations
(Reuters) - Canada's anti-money laundering agency on Thursday said it had imposed a nearly C$6 million ($4.38 million) fine o...
May 09, 2024
SMIC misses Q1 profit estimates
By Liam Mo and Brenda Goh BEIJING (Reuters) - Semiconductor Manufacturing International Corp reported first-quarter net incom...
May 09, 2024
Roblox cuts annual bookings forecast on muted player spending
By Zaheer Kachwala (Reuters) - Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back o...
May 09, 2024
Tower Semiconductor Q1 revenue falls on weak demand
(Reuters) - Israel-based contract chipmaker Tower Semiconductor reported a 7% decline in first-quarter revenue on Thursday re...
May 09, 2024
Robinhood jumps as retail trading rebound powers record quarter
(Reuters) - Robinhood Markets jumped in premarket trading on Thursday after reporting record first-quarter revenue and profit...
May 09, 2024