By Kanishka Singh WASHINGTON (Reuters) – A 2018 privacy lawsuit brought by Washington, D.C., against Facebook owner Meta Platforms Inc…
Category: Technology
US telecom companies say not in talks with Amazon for wireless services
(Reuters) – Major U.S. wireless carriers on Friday said they not in talks with Amazon.com Inc to offer low-cost wireless…
High-flying C3.ai shares slump as sobering forecast dampens AI hype
By Medha Singh (Reuters) -Shares of C3.ai Inc dropped 13% on Thursday after the software maker’s disappointing quarterly revenue forecast…
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…
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…
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,…
Salesforce posts slowest quarterly revenue growth since 2010
By Tiyashi Datta (Reuters) -Salesforce Inc posted an 11% rise in quarterly revenue, its slowest pace of growth in 13…
Ford CEO says EV cost parity may not come until after 2030
By Shivansh Tiwary and Paul Lienert (Reuters) – The cost to make electric vehicles may not drop to the level…
Nvidia briefly joins $1 trillion valuation club
By Akash Sriram and Samrhitha A (Reuters) – Nvidia Corp briefly joined an elite club of U.S. companies sporting a…
Tesla’s Musk open to expanding in China – foreign ministry
BEIJING (Reuters) -Tesla Inc CEO Elon Musk told Chinese foreign minister Qin Gang on Tuesday that he was willing to…