Tag Archives: technology
Amazon leads declines in discretionary sector, streaming companies outperform
By Sinad Carew (Reuters) - Shares in Amazon.com closed down 4.2% on Wednesday, leading declines in the S&P 500 consumer discretionary sector while video streaming companies Warner Bros Discovery and P...
Syndicated Content Jun 07, 2023
GameStop misses quarterly revenue estimates
(Reuters) - GameStop posted its fourth consecutive fall in quarterly revenue on Wednesday and missed market estimates, as consumers dialed back non-essential spending in an uncertain economy. The comp...
Syndicated Content Jun 07, 2023
GameStop terminates Matt Furlong as CEO; shares plummet
(Reuters) -GameStop fired CEO Matt Furlong two years after hiring him and appointed billionaire Ryan Cohen as executive chairman, sending the company's shares down 20% in extended trading. A former ex...
Syndicated Content Jun 07, 2023
Google, Meta using ‘bullying tactics’ against Canada’s news bill, says PM Trudeau
By Ismail Shakil OTTAWA (Reuters) - Alphabet's Google and Meta Platforms are using "bullying tactics" against a Canadian push aimed at ensuring financial support for news publishers, Prime Minister Ju...
Syndicated Content Jun 07, 2023
US proposes training, pilot certification rules for air taxis
WASHINGTON (Reuters) -The U.S. aviation regulator said on Wednesday it was proposing comprehensive training and pilot certification rules for flying taxis, electric vertical takeoff and landing aircra...
Syndicated Content Jun 07, 2023
Microsoft to offer OpenAI’s GPT models to government cloud customers
(Reuters) -Microsoft Corp is bringing the powerful language-producing models from OpenAI to U.S. federal agencies using its Azure cloud service, it said in a blog post on Wednesday. The Redmond, Washi...
Syndicated Content Jun 07, 2023
Binance CEO’s trading firm received $11 billion via client deposit company, SEC says
By Tom Wilson LONDON (Reuters) - Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion of client assets through a Seychelles-based firm set up t...
Syndicated Content Jun 07, 2023
EXPLAINER-What makes a crypto asset a security in the U.S.?
By Jody Godoy (Reuters) - Determining whether digital tokens are securities will be central to the high-stakes case brought by U.S. regulators alleging crypto platform Coinbase violated the law by fai...
Syndicated Content Jun 07, 2023
Argentine fintech Uala to offer high-yield accounts in Mexico
MEXICO CITY (Reuters) - Argentine fintech unicorn Uala said on Wednesday it launched a high-yield savings account in Mexico after getting approval from regulators to acquire Mexico's ABC Capital Bank ...
Syndicated Content Jun 07, 2023
Amazon plans ad tier for Prime Video streaming service – WSJ
(Reuters) -Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. D...
Syndicated Content Jun 07, 2023

