Bumble beats first-quarter revenue estimates, shares surge
(Reuters) -Bumble beat Wall Street estimates for first-quarter revenue on Wednesday, a sign that its push for attracting paye...
May 08, 2024
US confronts China over Volt Typhoon cyber espionage
By Zeba Siddiqui SAN FRANCISCO (Reuters) - U.S. officials confronted the Chinese government in Beijing last month about a swe...
May 08, 2024
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...
May 08, 2024
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...
May 08, 2024
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 ...
May 08, 2024
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...
May 08, 2024
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...
May 08, 2024
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...
May 08, 2024
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...
May 08, 2024
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...
May 08, 2024