MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil reported on Tuesday a 90% drop in its fourth-quarter net profit from the…
SEC demand for client names is an ‘assault,’ law firm Covington says
By Andrew Goudsward (Reuters) – Law firm Covington & Burling fired back at a lawsuit from the U.S. Securities and…
Exclusive-Alphabet spinoff Sandbox AQ raises $500 million for cyber security, other quantum work
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) -Sandbox AQ, a startup spun off from Alphabet Inc last year, said on…
Buffett-backed Nubank’s quarterly profit surges amid robust customer demand
(Reuters) – Nu Holdings Ltd reported a surge in fourth-quarter gross profit on Tuesday, as customers flocked to the core…
Reddit aims for IPO in second half of 2023 – The Information
(Reuters) – Social media platform Reddit Inc is looking to go public later this year, likely in the second half,…
Airline SAS network hit by hackers, says app was compromised
By Marie Mannes STOCKHOLM (Reuters) -Scandinavian airline SAS said it was hit by a cyber attack Tuesday evening and urged…
U.S. FAA says update will prevent ‘bad data’ from corrupting key database
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration’s (FAA) acting head will tell a U.S. Senate committee Wednesday that…
Judge tightens Sam Bankman-Fried’s bail, sets hearing
By Abinaya V, Shubham Kalia and Jonathan Stempel NEW YORK (Reuters) -A federal judge on Tuesday ordered Sam Bankman-Fried not…
Mexico’s top diplomat says met with Tesla brass, ‘good news’ imminent
MEXICO CITY (Reuters) – Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker…
Microsoft to defend Activision deal at EU hearing on Feb. 21
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft will make a last-ditch effort to defend its $69 billion bid for…