Tag Archives: technology

By Svea Herbst-Bayliss BOSTON (Reuters) - Peloton Interactive Inc's stock price tumbled more than 50% in the last three months of 2021 but several prominent investment firms were so sure the at-home f...

By David Randall NEW YORK (Reuters) - Seven state government employee pension funds including CalPERS, the largest U.S. pension plan, took stakes in electric vehicle startup Rivian Automotive Inc in t...

(Adds dropped word 'announced' in paragraph 4) (Reuters) - Asset manager Neuberger Berman said on Monday it remained unconvinced Zendesk should buy Momentive Global for $4 billion even after engaging ...

By Nivedita Balu (Reuters) - Leonardo DiCaprio-backed Polestar's ad taking a potshot at rivals Tesla and Volkswagen topped the list of the most popular commercials during Super Bowl LVI, new data on M...

WASHINGTON (Reuters) - The Texas attorney general's office sued Meta's Facebook on Monday, alleging that the social media giant violated state privacy protections with facial-recognition technology th...

By Foo Yun Chee BRUSSELS (Reuters) - European Union lawmakers and countries could reach a deal by the end of June on proposed tech rules forcing online platforms to better police the internet despite ...

By Jonathan Stempel NEW YORK (Reuters) - Noom Inc reached a $62 million settlement of a lawsuit accusing the weight loss app provider of tricking customers into signing up for "risk-free" trial period...

By Chris Prentice WASHINGTON (Reuters) - A subsidiary of crypto company BlockFi Inc has agreed to pay $100 million to the U.S. Securities and Exchange Commission (SEC) and 32 states to settle charges ...

By Svea Herbst-Bayliss BOSTON (Reuters) - Jana Partners cut its holding in Macy's Inc by 84% in the last months of 2021 not long after the activist investment firm prodded the retailer to consider alt...

MUMBAI (Reuters) - Cryptocurrencies are akin to Ponzi schemes or even worse and banning these is the most sensible option for India, the Reserve Bank of India's deputy govenor said on Monday. "We have...