By Paresh Dave and Katie Paul (Reuters) – Meta Platforms Inc Chief Executive Mark Zuckerberg told employees on Thursday that…
Amazon layoffs to extend into 2023
(Reuters) – Amazon.com Inc said on Thursday there would be more role reductions as its annual planning process extends into…
Bankrupt FTX’s new CEO outlines fund abuses, untrustworthy records
(Reuters) -The executive hired to steer FTX Group through bankruptcy offered his first findings of improper fund transfers and poor…
Alibaba quarterly revenue misses expectations as spending slows
(Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd posted a low single-digit rise in quarterly revenue on Thursday, slightly…
U.S. mandates new comparison internet service labels
By David Shepardson WASHINGTON (Reuters) – U.S. broadband providers must display information similar to nutrition labels on food products to…
U.S. senators push to ban government deals with Chinese chipmakers -Politico
(Reuters) – U.S. Senate Majority Leader Chuck Schumer and Republican Senator John Cornyn are lobbying hard for a ban on…
Explainer-What’s next in FTX’s bankruptcy
By Dietrich Knauth (Reuters) – Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday…
Tumbling bitcoin overshadows El Salvador’s crypto conference
By Nelson Renteria SAN SALVADOR (Reuters) – El Salvador’s long-awaited bitcoin conference, which was in the limelight in 2021 after…
Applied Materials forecasts strong Q1 revenue on easing supply chain woes
By Tiyashi Datta (Reuters) -Chip tools maker Applied Materials Inc on Thursday forecast first-quarter revenue above market estimates, on hopes…
Factbox-FTX’s new CEO assesses the exchange’s failings
By Tom Hals (Reuters) – John J. Ray III, the new chief executive of bankrupt cryptocurrency exchange FTX, on Thursday…