By Alexandra Alper and David Shepardson WASHINGTON (Reuters) – An American official on Tuesday made the most direct comments by…
Brazil’s Americanas requests financing of at least $197 million -filing
(Reuters) – Brazilian retailer Americanas SA has requested debtor-in-possession financing of at least 1 billion reais ($197.12 million) as part…
Western Digital gets $900 million investment from Apollo, Elliott
By Chibuike Oguh and Tiyashi Datta NEW YORK (Reuters) – Memory chip maker Western Digital Corp said on Tuesday it…
AMD revenue beats targets, Wall St relieved after Intel’s grim outlook
By Chavi Mehta and Jane Lanhee Lee (Reuters) -U.S. chip maker Advanced Micro Devices Inc on Tuesday posted revenue that…
Snap swings to quarterly net loss, expects lower Q1 rev; shares fall
By Sheila Dang (Reuters) -Snap Inc on Tuesday said current quarter revenue could decline by as much as 10%, sending…
My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
By Nate Raymond BOSTON (Reuters) – The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than…
Crypto lender Celsius propped up its token, benefiting insiders -U.S. bankruptcy examiner
By Rae Wee, Elizabeth Howcroft, Alun John and Dietrich Knauth SINGAPORE/LONDON (Reuters) -Bankrupt crypto lender Celsius Network used investor money…
Electronic Arts cuts bookings view on ‘Star Wars’ game delay, spending slowdown
By Tiyashi Datta and Aditya Soni (Reuters) -Electronic Arts Inc lowered its annual bookings forecast on Tuesday, as the videogame…
U.S. Justice Department seeks Tesla driver-assist documents
By Akash Sriram and David Shepardson WASHINGTON (Reuters) – Tesla Inc disclosed on Tuesday the U.S. Justice Department has sought…
EU studying whether Big Tech should pay network costs -EU document
By Foo Yun Chee BRUSSELS (Reuters) – The European Union (EU) will consult the technology and telecoms sectors on whether…