<b>Amazon can be held responsible for faulty goods sold on marketplace</b>
Amazon can be held responsible for faulty goods sold on marketplace
Federal regulators that can be held responsible for defective goods sold by third-party merchants on its online marketplace, rejecting the company's position that it's merely an intermediary between consumers and sellers. In released Tuesda...
2024-08-01 10:53:39
<b>Perplexity AI to share revenue with publishers after plagiarism storm</b>
Perplexity AI to share revenue with publishers after plagiarism storm
Perplexity AI on Tuesday debuted a revenue-sharing model for publishers after more than a month of plagiarism accusations. Media outlets and content platforms including Fortune, Time, Entrepreneur, The Texas Tribune, Der Spiegel and WordPre...
2024-08-01 10:53:30
<b>Microsoft (MSFT) Q4 earnings report 2024</b>
Microsoft (MSFT) Q4 earnings report 2024
shares dipped on Wednesday as investors looked past better-than-expected earnings and revenue and focused instead on disappointing cloud results. But executives provided a dose of optimism when they predicted a cloud growth speed-up in the...
2024-08-01 10:53:22
CrowdStrike shares plunge 9.7% on report that Delta may seek damages
CrowdStrike shares plunge 9.7% on report that Delta may seek damages
shares closed down about 9.7% on Tuesday at their lowest level of the year following a report that hired prominent attorney David Boies to seek damages from the security software vendor. CrowdStrike fell $25.16 to $233.65 on Tuesday. The co...
2024-08-01 10:53:12
Pinterest (PINS) Q2 2024 earnings
Pinterest (PINS) Q2 2024 earnings
shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates. Here's how the company performed, according to LSEG: Revenue jumped 21% year o...
2024-08-01 10:53:04
Microsoft will pay one-time cash awards of up to 25% of annual bonus
Microsoft will pay one-time cash awards of up to 25% of annual bonus
on Tuesday said it will pay a one-time performance-based cash award of up to 25% of annual bonus to rank-and-file employees. Salaried and hourly workers at the senior director level and below will be eligible for the award, Kathleen Hogan,...
2024-08-01 10:52:54
AMD earnings report Q2 2024
AMD earnings report Q2 2024
reported on Tuesday that beat Wall Street expectations for revenue and showed continued growth in sales of the company's AI chips. AMD shares rose 8% in extended trading. Here's how AMD did versus LSEG consensus expectations for the quarter...
2024-08-01 10:52:45
<b>Podcast: Samsung bets on the Galaxy Ring and AI as its next big thing</b>
Podcast: Samsung bets on the Galaxy Ring and AI as its next big thing
, the South Korean tech giant's first foray into smart rings. The $399.99 device has sensors that can track various health metrics like sleep quality, linking up with Samsung's smartphones and smartwatch. of smartphones, smartwatches and no...
2024-08-01 10:52:34
<b>Samsung Q2 2024 earnings: Strong AI demand lifts profits</b>
Samsung Q2 2024 earnings: Strong AI demand lifts profits
Samsung Electronics on Wednesday and operating profit, as demand for its advanced memory chips that are crucial for artificial intelligence training remained strong. Here are Samsung's second-quarter results versus analysts' average estimat...
2024-08-01 10:52:23
Uber to start using BYD cars in Europe, Latin America and develop 'autonomous-cap
Uber to start using BYD cars in Europe, Latin America and develop 'autonomous-cap
BEIJING — and announced Wednesday that drivers on the ride-hailing platform can get pricing and financing deals for the Chinese company's electric cars, starting in Europe and Latin America. The two companies will also develop "autonomous...
2024-08-01 10:52:15
<b>Meta Q2 earnings report 2024</b>
Meta Q2 earnings report 2024
shares jumped about 7% in extended trading on Wednesday after the company beat Wall Street estimates for revenue and profit and issued a better-than-expected forecast for the current period. Here are the results, compared to LSEG estimates:...
2024-08-01 10:52:07
Nvidia stock up after Microsoft, AMD quell fears AI buildout too fast
Nvidia stock up after Microsoft, AMD quell fears AI buildout too fast
shares popped 13% Wednesday after remarks from top customer Microsoft and rival chipmaker signaled there wouldn't be a slowdown in the multibillion-dollar buildout of AI servers based around GPUs. Microsoft CEO Satya Nadella and finance chi...
2024-08-01 10:51:58
More than 100 techies sign VCs for Kamala pledge, backing VP Harris
More than 100 techies sign VCs for Kamala pledge, backing VP Harris
After , the Republican nominee for president, gained the vocal support of a of the tech investing world, a large group of venture capitalists came together to back the other side. More than 100 VCs on Wednesday to Vice President , the de fa...
2024-08-01 10:51:50
Qualcomm (QCOM) earnings report Q3 2024
Qualcomm (QCOM) earnings report Q3 2024
reported fiscal on Wednesday that beat Wall Street expectations, particularly for sales, and provided strong guidance for the current quarter. Qualcomm stock fell 1% in extended trading after initially rising 7% at one point. Here's how Qua...
2024-08-01 10:51:40
Meta’s Reality Labs posts $4.5 billion loss in second quarter
Meta’s Reality Labs posts $4.5 billion loss in second quarter
ambitious plans to develop the metaverse is still costing the company billions of dollars a quarter. As part of the company's report on Wednesday,  Meta's Reality Labs unit, which houses augmented and virtual reality technologies, recorded...
2024-08-01 10:51:31