Tag Archives: technology
FTX gets approval for LedgerX sale, asserts $3.9 billion Genesis claim
By Dietrich Knauth (Reuters) - Bankrupt crypto exchange FTX received U.S. bankruptcy court permission on Thursday to sell its LedgerX business for $50 million, raising additional funds to repay credit...
Syndicated Content May 04, 2023
Apple beats revenue, profit estimate on iPhone sales growth
By Stephen Nellis (Reuters) - Apple Inc on Thursday reported quarterly revenue and profit above Wall Street's expectations, with iPhone sales rising and wearables sales slipping less than analysts had...
Syndicated Content May 04, 2023
Block reports 26% rise in first-quarter revenue
(Reuters) - Block Inc posted a rise in first-quarter revenue on Thursday as its popular payments platform Cash App continued to drive growth, a metric investors will be closely watching following U.S....
Syndicated Content May 04, 2023
Expedia Group beats first-quarter Wall Street estimates
NEW YORK (Reuters) - Expedia Group Inc on Thursday reported $2.7 billion in first-quarter revenue, which surpassed Wall Street estimates. Shares of the company fell 2.7% in trading after the bell. "Th...
Syndicated Content May 04, 2023
Crypto exchange Coinbase posts smaller first-quarter loss
(Reuters) -Cryptocurrency exchange Coinbase Global Inc posted a smaller first-quarter loss on Thursday after investors tiptoed back to the strained asset class to hedge their bets against a worsening ...
Syndicated Content May 04, 2023
Bumble beats quarterly revenue estimates
(Reuters) -Bumble Inc beat first-quarter revenue estimates on Thursday as user spending on its dating app has remained strong despite a looming recession, sending its shares up 4.6% in aftermarket tra...
Syndicated Content May 04, 2023
DoorDash raises annual core profit forecast on resilient delivery demand
By Granth Vanaik (Reuters) - DoorDash Inc raised its annual core profit forecast after beating quarterly revenue estimates on Thursday, helped by rising orders for food, groceries and convenience item...
Syndicated Content May 04, 2023
Lyft beats quarterly estimates as price cuts pay off, forecast disappoints
By Akash Sriram (Reuters) - Lyft Inc's first-quarter revenue and core profit topped estimates on Thursday, benefiting from a strong ride-share demand and its move to cut prices to match larger rival U...
Syndicated Content May 04, 2023
Exclusive: Israel seized Binance crypto accounts to ‘thwart’ Islamic State, document shows
By Tom Wilson and Angus Berwick LONDON (Reuters) - Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of ...
Syndicated Content May 04, 2023
Microsoft helping finance AMD’s expansion into AI chips – Bloomberg News
(Reuters) - Microsoft Corp is working with Advanced Micro Devices Inc on the chipmaker's expansion into artificial intelligence processors, Bloomberg News reported on Thursday, citing people with know...
Syndicated Content May 04, 2023

