By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms beat market expectations for second-quarter revenue on Wednesday and issued…
Year: 2024
Amazon set to join Big Tech’s spending surge as AI race heats up
By Deborah Mary Sophia (Reuters) – Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge…
American Tower raises annual forecast for key profit metric on strong leasing demand
(Reuters) – Real estate investment trust American Tower raised its forecast for annual adjusted funds from operations (AFFO) and beat…
Kamala Harris launches $50 million ad blitz in US presidential race
WASHINGTON (Reuters) – Democratic presidential candidate Kamala Harris launched a $50 million advertising blitz on Tuesday, capitalizing on the momentum…
Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit
By Mike Scarcella and Jody Godoy (Reuters) -Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the…
OpenAI starts roll-out of advanced voice mode to some ChatGPT Plus users
(Reuters) -OpenAI is starting to roll out an advanced voice mode to a small group of ChatGPT Plus users, the…
Ola Electric to raise $734 million in India’s biggest IPO this year
By Dhwani Pandya, Aditya Kalra and Aditi Shah MUMBAI (Reuters) -Indian e-scooter maker Ola Electric said on Monday it aimed…
McDonald’s posts surprise drop in quarterly global sales as spending slows
(Reuters) -McDonald’s reported a surprise drop in quarterly global comparable sales on Monday, as the burger giant struggled to hold…
Johnson says Biden’s Supreme Court overhaul ‘dead on arrival’ in House
WASHINGTON (Reuters) – The leading Republican in Congress, Mike Johnson, on Monday that President Joe Biden’s Supreme Court reform proposal…
Ukraine aid package valued at up to $200 million, White House says
WASHINGTON (Reuters) – The United States announced a new security assistance package for Ukraine on Monday that is valued at…