Microsoft doesn’t allow its employees to use China’s Deepseek-President
WASHINGTON (Reuters) -Microsoft does not allow its employees to use an artificial intelligence app developed by Chinese AI startup Deepseek,…
Month: May 2025
Paramount’s quarterly results beat estimates on direct-to-consumer growth
(Reuters) -Paramount Global beat Wall Street estimates for first-quarter revenue and profit on Thursday, driven by a growth in its…
Pinterest’s strong revenue forecast signals growing ad spend, shares surge
(Reuters) -Pinterest forecast current-quarter revenue above Wall Street estimates on Thursday, a sign of growing advertising spend on the social…
Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud
By Jonathan Stempel NEW YORK (Reuters) – Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius…
Investors React as Beyond Meat Pulls Plug on Forecast
Approved in Trump’s First 24 Hours… And Now You Can Profit Uber disrupted taxis, Airbnb hotels… Now this company targets…
US railroad Amtrak cutting 450 positions, $100 million in annual costs
By David Shepardson WASHINGTON (Reuters) -U.S. passenger railroad Amtrak said on Wednesday it is eliminating 450 positions as it aims…
Beyond Meat withdraws annual forecasts as US faux meat demand slides
(Reuters) -Beyond Meat on Wednesday withdrew its annual sales target as macroeconomic volatility and high inflation in the United States…
Netflix to revamp TV app interface, launch AI-powered search for iOS users
(Reuters) -Netflix said on Wednesday it plans to revamp its TV app interface and introduce generative AI to the iOS…
Chip tech provider Arm forecasts first-quarter revenue below estimates
By Arsheeya Bajwa and Stephen Nellis (Reuters) – Arm Holdings forecast first-quarter sales and profit below Wall Street estimates on…
Lucid Keeps Forecast Intact as Trade Pressures Hit Auto Sector
AI Could Reshape Healthcare, Is This the Stock to Watch? Uber disrupted taxis, Airbnb hotels… Now this company targets the…