Tag Archives: technology
US court orders South African firm’s CEO to pay $3.4 billion for bitcoin fraud
By Kanishka Singh and Chris Prentice WASHINGTON (Reuters) - A federal judge in Texas ordered the head of a South African firm to pay a whopping $3.4 billion for what the U.S. commodities regulator sai...
Syndicated Content Apr 27, 2023
Exclusive-Training software firm iLearningEngines to go public via $1.4 billion SPAC deal
By Echo Wang NEW YORK (Reuters) - Training software company iLearningEngines Inc agreed to go public through a merger with blank check company Arrowroot Acquisition Corp in a deal that values the comb...
Syndicated Content Apr 27, 2023
FBI searches home of top FTX executive – NYT
(Reuters) - The FBI carried out a search on Thursday morning at the Potomac, Md., home of former FTX executive Ryan Salame, the New York Times reported, citing two people with knowledge of the matter ...
Syndicated Content Apr 27, 2023
Snap misses revenue expectations, warns of Q2 decline
By Sheila Dang (Reuters) - Snap Inc on Thursday missed analyst expectations for quarterly revenue as recent changes to its advertising platform hurt demand for ads, and it also warned the next quarter...
Syndicated Content Apr 27, 2023
Pinterest forecasts tepid revenue growth, shares slump
(Reuters) -Pinterest Inc forecast second-quarter revenue growth below Wall Street estimates on Thursday, as the image-sharing platform grapples with a pullback in advertising spending, sending its sha...
Syndicated Content Apr 27, 2023
T-Mobile misses estimates for quarterly revenue, wireless subscriber additions
(Reuters) -Wireless carrier T-Mobile US Inc missed Wall Street estimates for first-quarter revenue and wireless subscriber additions on Thursday, weighed down by intense competition and consumers post...
Syndicated Content Apr 27, 2023
Intel forecasts second-quarter revenue above estimates
(Reuters) - Chipmaker Intel Corp forecast second-quarter revenue above Wall Street estimates on Thursday, a sign that chip demand was recovering after a downturn wrought by excess supply and a post-pa...
Syndicated Content Apr 27, 2023
Amazon revenue beats on stable online demand, cloud strength
(Reuters) -Amazon.com Inc reported first-quarter revenue above Wall Street estimates on Thursday, helped by resilient demand for online shopping and cloud services businesses, sending its shares up ab...
Syndicated Content Apr 27, 2023
Meta merges ad and business messaging product groups – The Information
(Reuters) - Meta Platforms has merged its advertising product, business messaging and commerce departments into one division, The Information reported on Thursday, citing an internal message by compan...
Syndicated Content Apr 27, 2023
Triller to pay Sony Music $4.5 million in US music rights case
By Blake Brittain (Reuters) - TikTok rival Triller Inc has agreed to pay Sony Music Entertainment more than $4.5 million to resolve claims that Triller breached an agreement covering its use of musici...
Syndicated Content Apr 27, 2023

