Snap shares rocket 15% on strong forecast, $400 million Perplexity deal
Snap shares climbed 15% on Wednesday after the company issued its third-quarter earnings, reporting revenue that beat analysts expectations and ...
Tag: Internet
IBM cutting thousands of jobs in the fourth quarter
Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, ...
While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth
META CEO Mark Zuckerberg (L) and Microsoft CEO Satya Nadella.Getty ImagesAs tech giants increase their already breathtaking spending on artificial ...
Amazon stock soars 10% as earnings beat estimates, company posts strong cloud growth
Amazon shares jumped more than 10% in extended trading Thursday after the company posted third-quarter earnings that exceeded expectations, along ...
Comcast beats earnings estimates despite more broadband subscriber losses
Comcast topped Wall Street earnings and revenue estimates for the third quarter on Thursday, despite once again reporting a loss ...
Meta CEO Mark Zuckerberg defends AI spending: ‘We’re seeing the returns’
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on ...
Microsoft hit with Azure, 365 outage ahead of quarterly earnings report
Microsoft CEO Satya Nadella departs following a meeting of the White House Task Force on AI Education in the East ...
Amazon laying off about 14,000 corporate workers as it invests more in AI
Amazon said Tuesday that it will lay off about 14,000 corporate employees, marking the latest cuts in the company's multiyear ...
iRobot stock tumbles 33% after Roomba maker warns the search for a buyer has stalled
Roomba robot vacuums made by iRobot are displayed on a shelf at a Bed Bath and Beyond store in Larkspur, ...
3 takeaways from Intel earnings: Cash flow, foundry progress and hardware surprise
Intel snapped a losing streak of six straight quarterly losses and returned to profitability in the third quarter.In its first ...
