By Jaspreet Singh (Reuters) – A group that represents audio streaming firms including Spotify and France’s Deezer in Europe has…
Shopify’s downbeat revenue growth forecast sends shares to six-month low
By Harshita Mary Varghese (Reuters) – Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against…
Rivian sticks to production forecast below Wall Street targets
By Akash Sriram and Abhirup Roy (Reuters) -Electric-pickup maker Rivian on Tuesday stuck to a 2024 production forecast well below…
Reddit’s strong forecasts spark share surge after first results since IPO
By Aditya Soni (Reuters) -Reddit said it could post an adjusted profit in the second quarter thanks to its booming…
Meta to expand AI image generation offerings for ads
NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Instagram, said on Tuesday it was expanding its…
Robinhood set to report highest quarterly revenue since meme stock frenzy
By Medha Singh (Reuters) – Trading app Robinhood Markets is expected to report its highest quarterly revenue in nearly three…
Robinhood Crypto gets Wells notice from US SEC
(Reuters) -Retail trading platform Robinhood Markets said on Monday it received an enforcement action notice from the U.S. Securities and…
Tesla lays off more staff in software, service teams, Electrek reports
(Reuters) -Electric-vehicle maker Tesla has laid off staff from the software, service and engineering departments, tech publication Electrek reported on…
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and…
Putin orders tactical nuclear weapon drills to deter the West
By Guy Faulconbridge MOSCOW (Reuters) -Russia said on Monday it would practise the deployment of tactical nuclear weapons as part…