By Josh Ye HONG KONG (Reuters) – China’s Lenovo Group Ltd reported a 24% revenue decline for the third quarter,…
Stocks find rare resilience to soaring rates: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -The notion that higher interest rates would slam stocks has been turned on its…
VR firm Pico, owned by Chinese TikTok maker ByteDance, announces ‘small’ layoffs
By Josh Ye HONG KONG (Reuters) – Pico, a virtual reality (VR) headset manufacturer owned by TikTok’s Chinese developer ByteDance,…
Musk shuts two Twitter India offices, Bloomberg News reports
(Reuters) – Twitter Inc has closed two of its three offices in India, Bloomberg News reported on Friday, citing people…
YouTube CEO Wojcicki, one of the first Google employees, steps down
(Reuters) -YouTube Chief Executive and one of the first Google employees, Susan Wojcicki, is stepping down from her role at…
Tesla raises prices of some Model Y versions in China – website
SHANGHAI (Reuters) – Tesla raised prices of performance and long-range versions of its Model Y mid-size sport utility vehicles (SUV)…
Tesla says it laid off 4% New York employees before union campaign
(Reuters) -Tesla Inc said on Wednesday it laid off 4% of the employees in the Autopilot labeling team in Buffalo…
Microsoft-backed OpenAI to let users customize ChatGPT
By Anna Tong SAN FRANCISCO (Reuters) – OpenAI, the startup behind ChatGPT, on Thursday said it is developing an upgrade…
Tesla recalls 362,000 U.S. vehicles over Full Self-Driving software
By David Shepardson WASHINGTON (Reuters) -Tesla Inc will recall more than 362,000 U.S. vehicles to update its Full Self-Driving (FSD)…
Hedge funds’ short-covering of tech bets is 2nd biggest in a decade – banks
By Carolina Mandl NEW YORK (Reuters) – Hedge funds betting against stocks in the technology sector rushed to unwind those…