By Mehnaz Yasmin (Reuters) -Online payments firm PayPal Holdings Inc cut its annual revenue growth forecast in anticipation of a…
DoorDash results impress as taste for takeout defies inflation
By Ananya Mariam Rajesh (Reuters) -Food delivery firm DoorDash Inc’s orders surged to a record high in the third quarter…
U.S. SEC considering action against SolarWinds over cyber disclosures
(Reuters) – The U.S. Securities and Exchange Commission has recommended an enforcement action against SolarWinds Corp over its public statements…
Dorsey’s Block posts a jump in revenue, boosting shares
By Hannah Lang (Reuters) -Block Inc posted a rise in third-quarter revenue on Thursday as the growth of Cash App…
Vonage agrees to pay $100 million to settle U.S. FTC lawsuit
By David Shepardson and Diane Bartz WASHINGTON (Reuters) -Communications firm Vonage agreed to pay $100 million to resolve a Federal…
Lyft to lay off 683 employees in cost-cutting push
(Reuters) – Lyft Inc said on Thursday it would lay off 13% of its workforce, or about 683 employees, in…
Wall Street sees little respite to Qualcomm’s smartphone gloom
(Reuters) – Sales at Qualcomm Inc are slowing as the smartphone market heads for its worst contraction in years, and…
Amazon.com to freeze hiring in corporate workforce
(Reuters) – Amazon.com Inc will freeze hiring in its corporate workforce as the e-commerce giant deals with an “unusual macro-economic…
Streaming platform Roku’s shares slump on dour holiday-quarter forecast (Nov 2)
(Corrects analyst’s name in paragraph 8) (Reuters) – Shares of Roku Inc fell more than 20% in extended trading on…
U.S. telecom regulator launching new space bureau
By David Shepardson WASHINGTON (Reuters) -The Federal Communications Commission (FCC) plans to create a new space bureau to address the…