Category: Technology

Bumble announced plans to lay off about 350 employees in its fourth-quarter report Tuesday.

Honor will launch a foldable flip phone this year, the Chinese smartphone maker’s CEO George Zhao told CNBC in an exclusive interview.

Shares of Hims & Hers Health popped Tuesday after the company reported better-than-expected quarterly results.

MicroStrategy announced Monday that it added another $155 million worth of bitcoin to its balance sheet.

Reuters was first to report on chipmaker Nvidia’s first-quarter revenue forecast that beat expectations and sent the AI chip bellwether’s shares soaring to a record high.  The post Nvidia stock surges as revenue forecast tops estimates, AI demand continues appeared first on Reuters News Agency.

Reuters exclusively reported that the European Commission has opened formal proceedings against ByteDance’s TikTok under the Digital Services Act (DSA) to see if the social media platform is doing enough to protect children.  The post EU opens formal proceedings against TikTok under Digital Services Act appeared first on Reuters News Agency.

There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.

Two days after taking a job for Tesla, owner of The Giving Pies got a simple text message canceling the order.

Sam Altman used Reddit every day for years before leading a $50 million round in the online discussion board company. Now Reddit sees ChatGPT as competition.

Reuters exclusively reported that Japan’s NEC received multiple buyout offers from global private equity funds for iPhone supplier Japan Aviation Electronics Industry before agreeing to sell back much of its 51% stake to the Japanese company at a discount, according to five people. The post NEC spurned private equity offers before selling discounted stake in...