By Josh Ye HONG KONG (Reuters) -China’s Lenovo Group reported its first revenue decline in 10 quarters as a pandemic-fuelled…
Robinhood posts smaller loss as higher rates boost margin trading business
By Mehnaz Yasmin (Reuters) -Robinhood Inc posted a smaller-than-expected quarterly loss on Wednesday as the brokerage’s margin trading business benefited…
Zalando sees FY results at lower end of target range
FRANKFURT (Reuters) -Zalando, Europe’s biggest online fashion retailer, said it now expects its full-year revenues and operating profit to reach…
Uber whistleblower says current business model ‘absolutely’ unsustainable
By Sergio Goncalves LISBON (Reuters) -Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing…
Meta adds new tools to help content creators make money on Instagram
(Reuters) – Meta Platforms on Wednesday said it was adding a host of new features to Instagram, including a tool…
Carl Icahn owns over 8% stake in beverage-can maker Crown Holdings -WSJ
(Reuters) – Carl Icahn has a more than 8% stake in Crown Holdings Inc, the Wall Street Journal reported on…
Advertisers begin to grill Elon Musk over Twitter ‘free-for-all’
By Sheila Dang (Reuters) – Elon Musk promised advertisers he would keep Twitter from turning into a “free-for-all hellscape.” This…
Elon Musk plans to cut half of Twitter jobs – Bloomberg News
(Reuters) – Elon Musk plans to cut about 3,700 jobs at Twitter Inc or half of the company’s workforce in…
EBay’s focus on luxury to refurbished goods drives results beat
By Nivedita Balu (Reuters) -EBay Inc’s quarterly results beat Wall Street targets on Wednesday as inflation-wary shoppers snapped up refurbished…
L’Oréal denies report saying it suspended Twitter ad spending
(Reuters) -Cosmetics maker L’Oréal SA said it had not suspended advertising spending on Twitter, denying a Financial Times report from…